KKR Real Estate Finance Trust Inc. (KREF)
Total Valuation
KREF has a market cap or net worth of $1.25 billion. The enterprise value is $6.52 billion.
| Market Cap | 1.25B |
| Enterprise Value | 6.52B |
Important Dates
The next earnings date is Monday, July 25, 2022, after market close.
| Estimated Earnings Date | Jul 25, 2022 |
| Ex-Dividend Date | Jun 29, 2022 |
Share Statistics
KREF has 70.70 million shares outstanding. The number of shares has increased by 13.43% in one year.
| Shares Outstanding | 70.70M |
| Shares Change (YoY) | +13.43% |
| Shares Change (QoQ) | +6.21% |
| Owned by Insiders (%) | 1.21% |
| Owned by Institutions (%) | 74.23% |
| Float | 57.57M |
Valuation Ratios
The trailing PE ratio is 8.20 and the forward PE ratio is 11.67. KREF's PEG ratio is 5.13.
| PE Ratio | 8.20 |
| Forward PE | 11.67 |
| PS Ratio | 6.69 |
| PB Ratio | 0.76 |
| P/FCF Ratio | 9.77 |
| PEG Ratio | 5.13 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 45.53, with a EV/FCF ratio of 51.07.
| EV / Earnings | 51.64 |
| EV / Sales | 34.98 |
| EV / EBITDA | 45.53 |
| EV / EBIT | 45.53 |
| EV / FCF | 51.07 |
Financial Position
The company has a current ratio of n/a, with a Debt / Equity ratio of 3.30.
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 3.30 |
| Debt / EBITDA | 38.03 |
| Debt / FCF | 42.65 |
Financial Efficiency
Return on equity (ROE) is 9.20%, which is not very high. The company has a high ROIC of 1.30%.
| Return on Equity (ROE) | 9.20% |
| Return on Assets (ROA) | 2.00% |
| Return on Capital (ROIC) | 1.30% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, KREF has paid $636,000 in taxes.
| Income Tax | 636,000 |
| Effective Tax Rate | 0.50% |
Stock Price Statistics
The stock price has decreased by -18.60% in the last 52 weeks. The beta is 0.68, so KREF's price volatility has been lower than the market average.
| Beta (1Y) | 0.68 |
| 52-Week Price Change | -18.60% |
| 50-Day Moving Average | 18.38 |
| 200-Day Moving Average | 19.51 |
| Average Volume (30 Days) | 800,386 |
Short Selling Information
The latest short interest is 944,635, so 1.34% of the outstanding shares have been sold short.
| Short Interest | 944,635 |
| Short % of Shares Out | 1.34% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 0.92 |
Income Statement
In the last 12 months, KREF had revenue of $186.36 million and earned 126.25 million in profits. Earnings per share was $2.15.
| Revenue | 186.36M |
| Gross Profit | 186.36M |
| Operating Income | 143.14M |
| Pretax Income | 143.20M |
| Net Income | 142.56M |
| Net Income Common | 126.25M |
| EBITDA | 143.20M |
| EBIT | 143.20M |
| Earnings Per Share (EPS) | $2.15 |
Balance Sheet
The company has $173.18 million in cash and $5.45 billion in debt, giving a net cash position of -$5.27 billion or -$74.57 per share.
| Cash & Cash Equivalents | 173.18M |
| Total Debt | 5.45B |
| Net Cash | -5.27B |
| Net Cash Per Share | -$74.57 |
| Book Value | 1.65B |
| Book Value Per Share | 23.33 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 127.66M |
| Capital Expenditures | n/a |
| Free Cash Flow | 127.66M |
| FCF Per Share | $1.81 |
Margins
Gross margin is 100.00%, with operating and profit margins of 76.81% and 67.75%.
| Gross Margin | 100.00% |
| Operating Margin | 76.81% |
| Pretax Margin | 76.84% |
| Profit Margin | 67.75% |
| EBITDA Margin | 76.84% |
| EBIT Margin | 76.84% |
| FCF Margin | 68.50% |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 9.75%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 9.75% |
| Earnings Yield | 10.12% |
| FCF Yield | 10.24% |
| Dividend Growth (YoY) | 0.00% |
| Payout Ratio | 79.60% |
| Buyback Yield | -24.53% |
| Shareholder Yield | -14.78% |
Analyst Forecast
The average price target for KREF is $23.54, which is 33.45% higher than the current price. The consensus rating is "Buy".
| Price Target | $23.54 |
| Price Target Difference | 33.45% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |