KREF - KKR Real Estate Finance Trust Inc Stock Price, Fair Value and News

10.02USD+0.17 (+1.73%)Market Closed

Market Summary

USD10.02+0.17

Market Closed

1.73%

KREF Stock Price

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KREF RSI Chart

KREF Valuation

Market Cap

676.5M

Price/Earnings (Trailing)

-76.17

Price/Sales (Trailing)

1.06

EV/EBITDA

3.38

Price/Free Cashflow

4.55

KREF Price/Sales (Trailing)

KREF Profitability

EBT Margin

-1.45%

Return on Equity

-0.64%

Return on Assets

-0.12%

Free Cashflow Yield

21.96%

KREF Fundamentals

KREF Revenue

Revenue (TTM)

639.5M

Rev. Growth (Yr)

-0.6%

Rev. Growth (Qtr)

-8.12%

KREF Earnings

Earnings (TTM)

-8.9M

Earnings Growth (Yr)

87.61%

Earnings Growth (Qtr)

75.88%

Breaking Down KREF Revenue

Last 7 days

5.4%

Last 30 days

-1.2%

Last 90 days

-21.0%

Trailing 12 Months

-9.9%

How does KREF drawdown profile look like?

KREF Financial Health

KREF Investor Care

Dividend Yield

17.62%

Dividend/Share (TTM)

1.72

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

-0.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	639.5M	0	0	0
2023	501.3M	570.3M	618.9M	640.4M
2022	288.4M	311.9M	351.2M	422.0M
2021	262.9M	262.8M	270.4M	279.9M
2020	338.7M	403.1M	467.5M	269.2M
2019	80.8M	145.3M	209.8M	274.3M
2018	74.2M	60.6M	88.1M	16.3M
2017	39.3M	50.0M	66.5M	83.1M
2016	17.6M	22.6M	27.6M	32.7M
2015	0	0	0	12.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of KKR Real Estate Finance Trust Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 08, 2024	lee christen e.j.	gifted	-	-	-6,310	-
Feb 08, 2024	mattson w patrick	bought	97,200	9.72	10,000	president and coo
Feb 08, 2024	salem matthew a	bought	252,834	9.7244	26,000	chief executive officer
Dec 18, 2023	lee christen e.j.	acquired	-	-	25,000	-
Dec 18, 2023	napolitano vincent j.	acquired	-	-	12,500	general counsel and secretary
Dec 18, 2023	mattson w patrick	acquired	-	-	68,500	president and coo
Dec 18, 2023	decious kendra	acquired	-	-	24,000	cfo and treasurer
Dec 18, 2023	salem matthew a	acquired	-	-	76,250	chief executive officer
Oct 02, 2023	salem matthew a	sold (taxes)	-341,357	11.87	-28,758	chief executive officer
Oct 02, 2023	decious kendra	sold (taxes)	-47,824	11.87	-4,029	cfo and treasurer

Which funds bought or sold KREF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	7.03	-150,016	655,963	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	41,451	403,237	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-70.68	-1,083,710	310,914	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	-117,000	356,000	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-80,179	202,692	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	sold off	-100	-1,000	-	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-127	402	-%
Apr 18, 2024	Diversified Trust Co	new	-	100,600	100,600	-%
Apr 16, 2024	Stratos Wealth Partners, LTD.	reduced	-2.94	-106,804	300,905	-%
Apr 16, 2024	Arlington Trust Co LLC	new	-	34,204	34,204	0.01%

Are Funds Buying or Selling KREF?

Are funds buying KREF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KREF

No. of Funds

Unveiling KKR Real Estate Finance Trust Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	nan shan life insurance co., ltd.	4.44%	3,079,453	SC 13G/A
Feb 13, 2024	vanguard group inc	8.32%	5,766,753	SC 13G/A
Jan 22, 2024	blackrock inc.	15.2%	10,539,976	SC 13G/A
Feb 13, 2023	kkr group partnership l.p.	15.4%	1e+07	SC 13G/A
Feb 09, 2023	vanguard group inc	8.24%	5,696,773	SC 13G/A
Jan 26, 2023	blackrock inc.	14.8%	10,239,086	SC 13G/A
Jan 20, 2023	blackrock inc.	14.8%	10,239,086	SC 13G/A
Feb 14, 2022	eagle point credit management llc	1.1%	147,025	SC 13G/A
Jan 27, 2022	blackrock inc.	11.9%	7,263,394	SC 13G/A
Jan 26, 2022	blackrock inc.	11.9%	7,263,394	SC 13G/A

Recent SEC filings of KKR Real Estate Finance Trust Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	10-Q	Quarterly Report
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	8-K	Current Report
Mar 08, 2024	DEF 14A	DEF 14A
Mar 08, 2024	ARS	ARS
Mar 08, 2024	DEFA14A	DEFA14A

Peers (Alternatives to KKR Real Estate Finance Trust Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	81.2B	11.1B	-9.63%	-14.57%	59.43	7.29	4.04%	-19.43%
CCI	41.5B	7.0B	-7.14%	-23.31%	27.61	5.94	-0.07%	-10.36%
AVB	26.8B	2.8B	3.01%	9.02%	28.86	9.68	6.73%	-18.30%
ARE	19.9B	3.0B	-4.73%	-3.60%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-1.98%	8.50%	29.83	8.02	7.80%	39.39%
REG	11.1B	1.3B	1.26%	0.15%	30.42	8.39	8.04%	-24.50%
BXP	9.9B	3.3B	-0.65%	20.81%	51.88	3.01	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.1B	3.35%	7.17%	36.02	7.54	5.38%	-38.52%
MAC	3.5B	884.1M	-4.94%	65.24%	-12.72	3.94	2.90%	-314.82%
SLG	3.4B	899.4M	-0.98%	126.14%	-6.02	3.78	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	2.71%	21.12%	20.35	2.98	4.38%	15.77%
AIV	1.2B	198.2M	0.88%	3.60%	-7.42	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-6.60%	4.26%	13.7	1.81	25.53%	134.62%
NYMT	656.9M	258.7M	3.60%	-29.41%	-13.5	2.54	0.11%	83.70%
IVR	415.3M	277.9M	-9.02%	-18.46%	-26.19	1.49	44.33%	96.06%

KKR Real Estate Finance Trust Inc News

Latest updates

KKR Real Estate Finance Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.1%	152	165	163	160	153	144	115	91.00	73.00	73.00	75.00	67.00	65.00	63.00	68.00	67.00	71.00	261	162	63.00	59.00
Operating Expenses	-21.1%	50.00	64.00	23.00	71.00	76.00	37.00	94.00	25.00	12.00	9.00	12.00	10.00	8.00	7.00	9.00	8.00	65.00	8.00	7.00	8.00	8.00
S&GA Expenses	-100.0%	-	5.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	3.00	3.00	3.00	2.00
EBITDA Margin	9.6%	0.26*	0.24*	0.31*	0.21*	0.34*	0.53*	0.67*	1.00*	1.08*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-15.8%	39.00	46.00	45.00	44.00	47.00	52.00	47.00	46.00	41.00	42.00	45.00	40.00	37.00	34.00	39.00	37.00	32.00	31.00	29.00	26.00	30.00
Income Taxes	-79.4%	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	73.8%	-3.39	-12.91	27.00	-19.95	-25.08	20.00	-42.91	25.00	35.00	41.00	36.00	31.00	30.00	29.00	31.00	29.00	-34.49	25.00	24.00	18.00	24.00
EBT Margin	70.1%	-0.01*	-0.05*	0.00*	-0.12*	-0.05*	0.09*	0.17*	0.44*	0.50*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	75.9%	-3.11	-12.89	27.00	-20.03	-25.08	20.00	-42.75	25.00	35.00	40.00	36.00	31.00	30.00	29.00	31.00	29.00	-34.57	25.00	24.00	17.00	24.00
Net Income Margin	71.2%	-0.01*	-0.05*	0.00*	-0.12*	-0.04*	0.09*	0.17*	0.44*	0.49*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-6.4%	34.00	37.00	42.00	35.00	42.00	37.00	36.00	35.00	33.00	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.9%	7,257	7,548	7,625	7,609	7,876	7,802	7,541	7,714	7,150	6,703	5,753	5,523	5,273	4,966	5,232	5,236	5,456	5,057	5,211	6,185	5,094
Cash Equivalents	-12.6%	119	136	108	208	254	240	183	118	173	271	308	119	209	111	301	127	370	68.00	75.00	183	228
Liabilities	-4.3%	5,877	6,143	6,172	6,150	6,363	6,231	5,946	6,037	5,500	5,342	4,516	4,297	4,220	3,920	4,191	4,203	4,423	3,933	4,087	5,061	3,963
Shareholder's Equity	-1.8%	1,380	1,405	1,454	1,460	1,513	1,572	1,810	1,676	1,747	1,361	1,235	1.00	1,172	1,044	1,039	1.00	1,030	1,162	1.00	1,122	1.00
Retained Earnings	-8.3%	-340	-314	-265	-257	-202	-141	-126	-48.16	-37.62	-38.21	-47.02	-55.09	-60.43	-65.70	-70.56	-78.05	-82.78	-8.59	-8.66	-7.59	-0.28
Additional Paid-In Capital	0.1%	1,817	1,815	1,815	1,813	1,811	1,809	1,810	1,803	1,747	1,460	1,342	1,340	1,172	1,170	1,170	1,169	1,168	1,166	1,166	1,165	1,164
Shares Outstanding	0%	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	63.00	57.00	56.00	56.00	-	-	-	-	-	-	-	-	-
Minority Interest	-54.9%	-0.91	-0.58	-0.43	-0.12	-0.02	-0.10	-0.04	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	709	-	-	-	1,027	-	-	-	880	-	-	-	486	-	-	-	478	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-6.4%	34.00	37.00	42.00	35.00	42.00	37.00	36.00	35.00	33.00	28.00	39.00	28.00	30.00	24.00	38.00	26.00	27.00	23.00	28.00	15.00	26.00
Share Based Compensation	46.7%	2.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00
Cashflow From Investing	209.6%	237	76.00	-122	172	-113	-206	173	-613	-530	-967	31.00	-403	-201	85.00	182	-23.20	-154	152	-255	-1,059	237
Cashflow From Financing	-247.2%	-300	-86.63	-20.68	-251	87.00	229	-144	529	398	904	120	285	269	-298	-46.18	-245	429	-181	119	999	-120
Dividend Payments	-100.0%	-	30.00	30.00	30.00	30.00	30.00	30.00	29.00	26.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	25.00	25.00	25.00	25.00	25.00
Buy Backs	-	-	-	-	-	-	7.00	0.00	18.00	-	-	-	-	-	-	-	2.00	23.00	-	-	-	4.00

KREF Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net Interest Income
Interest income	$ 640,412	$ 421,968	$ 279,950
Interest expense	458,802	236,095	114,439
Total net interest income	181,610	185,873	165,511
Other Income
Revenue from real estate owned operations	8,545	8,971	0
Income from equity method investments	1,417	4,655	6,371
Other income	11,237	5,568	686
Gain on sale of investments	0	0	5,126
Total other income	21,199	19,194	12,183
Operating Expenses
General and administrative	18,788	17,616	14,235
Provision for (reversal of) credit losses, net	175,116	112,373	(4,059)
Management fees to affiliate	26,171	25,680	19,378
Incentive compensation to affiliate	2,491	634	10,273
Expenses from real estate owned operations	11,190	11,113	0
Total operating expenses	233,756	167,416	39,827
Income (Loss) Before Income Taxes, Noncontrolling Interests, Preferred Dividends, Redemption Value Adjustment and Participating Securities' Share in Earnings	(30,947)	37,651	137,867
Income tax expense	710	58	684
Net Income (Loss)	(31,657)	37,593	137,183
Net income (loss) attributable to noncontrolling interests	(806)	(510)	0
Net Income (Loss) Attributable to KKR Real Estate Finance Trust Inc. and Subsidiaries	(30,851)	38,103	137,183
Preferred stock dividends and redemption value adjustment	21,304	21,304	11,369
Participating securities' share in earnings	1,764	1,428	179
Net Income (Loss) Attributable to Common Stockholders	(53,919)	15,371	125,635
Net Income (Loss) Attributable to Common Stockholders	$ (53,919)	$ 15,371	$ 125,635
Net Income (Loss) Per Share of Common Stock
Basic (usd per share)	$ (0.78)	$ 0.23	$ 2.22
Diluted (usd per share)	$ (0.78)	$ 0.23	$ 2.21
Weighted Average Number of Shares of Common Stock Outstanding
Basic ( in shares)	69,180,039	67,553,578	56,571,200
Diluted ( in shares)	69,180,039	67,553,578	56,783,388
Dividends declared per share of common stock (usd per share)	$ 1.72	$ 1.72	$ 1.72

KREF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets

Cash and cash equivalents

^[1]

$ 135,898

$ 239,791

Commercial real estate loans, held-for-investment

7,343,548

7,494,138

Less: Allowance for credit losses

(210,470)

(106,974)

Commercial real estate loans, held-for-investment, net

7,133,078

7,387,164

Real estate owned assets, held for sale

101,017

Real estate owned, held for investment, net

82,091

80,231

Accrued interest receivable

41,003

39,005

Equity method investments

35,076

36,849

Other assets

19,455

19,281

Total Assets

7,547,618

7,802,321

Liabilities

Secured financing agreements, net

3,782,419

3,748,691

Collateralized loan obligations, net

1,942,171

1,935,592

Secured term loan, net

335,331

336,828

Convertible notes, net

143,237

Dividends payable

29,805

29,711

Accrued interest payable

20,207

17,859

Real estate owned liabilities, held for sale

15,883

Total Liabilities

6,143,436

6,230,885

Commitments and Contingencies (Note 13)

Equity

Common stock, $0.01 par value, 300,000,000 authorized (75,299,556 and 75,080,707 shares issued; 69,313,860 and 69,095,011 shares outstanding; as of December 31, 2023 and 2022, respectively)

693

691

Additional paid-in capital

1,815,077

1,808,983

Accumulated deficit

(314,370)

(141,503)

Repurchased stock (5,985,696 shares repurchased as of December 31, 2023 and 2022)

(96,764)

Total KKR Real Estate Finance Trust Inc. Stockholders’ Equity

1,404,767

1,571,538

Noncontrolling interests in equity of consolidated joint venture

(585)

(102)

Total Equity

1,404,182

1,571,436

Total Liabilities and Equity

7,547,618

7,802,321

Related party

Liabilities

Other liabilities

8,270

8,722

Nonrelated party

Liabilities

Other liabilities

9,350

10,245

6.5% Series A Cumulative Redeemable Preferred Stock

Equity

Series A cumulative redeemable preferred stock, (13,110,000 shares issued and outstanding as of December 31, 2023 and 2022); liquidation preference of $25.00 per share

$ 131

[1]	Includes $5.0 million and $151.0 million of cash held in collateralized loan obligation as of December 31, 2023 and 2022, respectively.

About KKR Real Estate Finance Trust Inc

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans, and commercial mortgage-backed securities. The company has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

CEO	Mr. Matthew A. Salem
WEBSITE	kkrreit.com
INDUSTRY	REIT Mortgage

KKR Real Estate Finance Trust Inc Frequently Asked Questions

What is the ticker symbol for KKR Real Estate Finance Trust Inc? What does KREF stand for in stocks?

KREF is the stock ticker symbol of KKR Real Estate Finance Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of KKR Real Estate Finance Trust Inc (KREF)?

As of Tue Apr 23 2024, market cap of KKR Real Estate Finance Trust Inc is 694.52 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KREF stock?

You can check KREF's fair value in chart for subscribers.

What is the fair value of KREF stock?

You can check KREF's fair value in chart for subscribers. The fair value of KKR Real Estate Finance Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of KKR Real Estate Finance Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KREF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is KKR Real Estate Finance Trust Inc a good stock to buy?

The fair value guage provides a quick view whether KREF is over valued or under valued. Whether KKR Real Estate Finance Trust Inc is cheap or expensive depends on the assumptions which impact KKR Real Estate Finance Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KREF.

What is KKR Real Estate Finance Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, KREF's PE ratio (Price to Earnings) is -22.51 and Price to Sales (PS) ratio is 1.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KREF PE ratio will change depending on the future growth rate expectations of investors.