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KKR Real Estate Finance Trust Inc. KREF
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 9.2
0.445 %
$ 624 M
Market Cap
53.06
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one KREF stock under the worst case scenario is HIDDEN Compared to the current market price of 9.2 USD, KKR Real Estate Finance Trust Inc. is HIDDEN

KREF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one KREF stock under the base case scenario is HIDDEN Compared to the current market price of 9.2 USD, KKR Real Estate Finance Trust Inc. is HIDDEN

KREF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one KREF stock under the best case scenario is HIDDEN Compared to the current market price of 9.2 USD, KKR Real Estate Finance Trust Inc. is HIDDEN

KREF Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart KREF

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1M -2%
6M -19%
1Y 8%
3Y -34%
5Y -13%
All
$11.5$11.5$11.0$11.0$10.5$10.5$10.0$10.0$9.5$9.5$9.0$9.0$8.5$8.515 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
152 M REVENUE
-13.41%
Growth Rates
1Year -13.41%
3Years -0.05%
5Years 8.74%
7Years 12.81%
10Years 71.24%
5.07 M OPERATING INCOME
108.66%
Growth Rates
1Year 108.66%
3Years -66.75%
5Years -43.82%
7Years -32.74%
10Years 15.71%
34.3 M NET INCOME
205.25%
Growth Rates
1Year 205.25%
3Years -36.98%
5Years -17.53%
7Years -7.68%
10Years 33.84%
133 M OPERATING CASH FLOW
-14.87%
Growth Rates
1Year -14.87%
3Years 2.03%
5Years 7.65%
7Years 13.75%
10Years 130.00%
1.12 B INVESTING CASH FLOW
8176.39%
Growth Rates
1Year 8176.39%
3Years 39.67%
5Years 26.23%
7Years 17.16%
10Years 34.04%
-1.29 B FINANCING CASH FLOW
-375.33%
Growth Rates
1Year -375.33%
3Years -22.03%
5Years -20.89%
7Years -12.24%
10Years -35.11%
31.3 M REVENUE
-7.75%
Growth Rates
1Year -13.41%
3Years -0.05%
5Years 8.74%
7Years 12.81%
10Years 71.24%
-9.62 M OPERATING INCOME
0.00%
Growth Rates
1Year 108.66%
3Years -66.75%
5Years -43.82%
7Years -32.74%
10Years 15.71%
-5.75 M NET INCOME
-29.40%
Growth Rates
1Year 205.25%
3Years -36.98%
5Years -17.53%
7Years -7.68%
10Years 33.84%
15.9 M OPERATING CASH FLOW
-13.13%
Growth Rates
1Year -14.87%
3Years 2.03%
5Years 7.65%
7Years 13.75%
10Years 130.00%
-220 M INVESTING CASH FLOW
-54.09%
Growth Rates
1Year 8176.39%
3Years 39.67%
5Years 26.23%
7Years 17.16%
10Years 34.04%
205 M FINANCING CASH FLOW
147.70%
Growth Rates
1Year -375.33%
3Years -22.03%
5Years -20.89%
7Years -12.24%
10Years -35.11%
Balance Sheet KKR Real Estate Finance Trust Inc.
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Current Assets 134 M
Cash & Short-Term Investments 105 M
Receivables 28.8 M
Other Current Assets 0
Non-Current Assets 35.6 M
Long-Term Investments 35.6 M
PP&E 0
Other Non-Current Assets 0
61.99 %16.99 %21.03 %Total Assets$169.3m
Current Liabilities 123 M
Accounts Payable 19.9 M
Short-Term Debt 80 M
Other Current Liabilities 23.1 M
Non-Current Liabilities 3.78 B
Long-Term Debt 3.78 B
Other Non-Current Liabilities 0
96.85 %Total Liabilities$3.9b
EFFICIENCY
Earnings Waterfall KKR Real Estate Finance Trust Inc.
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Revenue 152 M
Cost Of Revenue -3.46 M
Gross Profit 155 M
Operating Expenses 147 M
Operating Income 5.07 M
Other Expenses -29.3 M
Net Income 34.3 M
160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00152m3m155m(147m)5m29m34mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
102.28% GROSS MARGIN
102.28%
Averages
1Year 102.28%
3Years 96.51%
5Years 90.22%
7Years 92.45%
10Years 93.60%
3.34% OPERATING MARGIN
3.34%
Averages
1Year 3.34%
3Years 42.39%
5Years 52.31%
7Years 75.48%
10Years 85.35%
23.46% NET MARGIN
23.46%
Averages
1Year 23.46%
3Years 9.22%
5Years 32.25%
7Years 48.84%
10Years 60.59%
2.65% ROE
2.65%
Averages
1Year 2.65%
3Years 0.96%
5Years 3.63%
7Years 4.87%
10Years 5.19%
0.56% ROA
0.56%
Averages
1Year 0.56%
3Years 0.21%
5Years 0.76%
7Years 1.04%
10Years 0.89%
3.99% ROIC
3.99%
Averages
1Year 3.99%
3Years 20.15%
5Years 28.26%
7Years 32.34%
10Years 29.53%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis KKR Real Estate Finance Trust Inc.
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160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 34.3 M
Depreciation & Amortization 14.4 M
Capital Expenditures 0
Stock-Based Compensation 8.26 M
Change in Working Capital 10.1 M
Others 65.7 M
Free Cash Flow 133 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets KKR Real Estate Finance Trust Inc.
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Wall Street analysts predict an average 1-year price target for KREF of $15.4 , with forecasts ranging from a low of $12 to a high of $23.5 .
KREF Lowest Price Target Wall Street Target
12 USD 30.43%
KREF Average Price Target Wall Street Target
15.4 USD 67.12%
KREF Highest Price Target Wall Street Target
23.5 USD 155.43%
Price
Max Price Target
Min Price Target
Average Price Target
2424222220201818161614141212101088Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
3.03% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.801.801.601.601.401.401.201.201.001.000.800.800.600.600.400.400.200.200.000.000.40.430.430.430.430.430.250.250.250.430.430.430.430.430.430.250.370.430.430.430.430.430.430.250.371.390.431.720.431.720.431.720.431.720.431.720.431.540.251.000.00201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership KKR Real Estate Finance Trust Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
2 Real Estate Preferred Stocks For High Passive Income Preferred stocks offer high yields and low appreciation, complementing common stocks and bonds in an income-focused portfolio. Arbor Realty's Series F preferred stock offers a fixed-to-floating yield, likely to be redeemed in October 2026, ensuring a strong total return. KKR Real Estate Finance's Series A preferred stock yields 8.7% at current prices, with well-covered dividends and significant upside potential. seekingalpha.com - 1 month ago
Tensions Ease Ahead Of Critical Week US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimming its drawdown to around 10% from its mid-February highs, the S&P 500 rallied 4.6% this week - erasing an early-week dip with four-straight days of gains. After posting significant outperformance last week, real estate equities were among the laggards this week despite a solid start to REIT earnings season and a much-needed retreat in benchmark rates. seekingalpha.com - 1 month ago
KKR Real Estate Finance Trust, Inc. (KREF) Q1 2025 Earnings Call Transcript KKR Real Estate Finance Trust, Inc. (NYSE:KREF ) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Jack Switala - IR Matt Salem - CEO Patrick Mattson - President & COO Kendra Decius - CFO Conference Call Participants Rick Shane - JPMorgan Tom Catherwood - BTIG Jason Sabshon - KBW Steve Delaney - Citizens JMP Don Fandetti - Wells Fargo Operator Good morning and welcome to the KKR Real Estate Finance Trust Inc, First Quarter 2025 Financial Results Conference Call. [Operator Instructions]. seekingalpha.com - 1 month ago
KKR Real Estate Finance (KREF) Reports Q1 Loss, Misses Revenue Estimates KKR Real Estate Finance (KREF) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.17. This compares to earnings of $0.39 per share a year ago. zacks.com - 1 month ago
KKR Real Estate Finance Trust Inc. Reports First Quarter 2025 Results NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its first quarter 2025 results, which have been posted to the Investor Relations section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF's financial results will be held on Thursday, April 24, 2025 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. ca. businesswire.com - 1 month ago
KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company's 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on June 13, 2025 to KREF's preferred stockholders of record as of May 30, 2025. About KKR Real Estate Finance Trust Inc. KREF is a rea. businesswire.com - 1 month ago
KKR Real Estate Finance Trust Inc. Announces Time Change for its Conference Call to Discuss First Quarter 2025 Results NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it has changed the time of its first quarter 2025 earnings conference call and webcast. The conference call will now be held on Thursday, April 24, 2025 at 9:00 a.m. ET. The conference call was previously scheduled for Thursday, April 24, 2025 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pass code is. businesswire.com - 2 months ago
KREF.PR.A: High Risk, Yet Significant Upside Potential KKR Real Estate Finance Trust Inc. 6.5% Series A Preferred is currently trading at a discount of around 27% after a rapid decline since September. Series A's yield has approached 9% and remains pre-call date. Macro and credit cycle risks could effect KREF's underlying loan portfolio. However, key drivers suggest low solvency risk. seekingalpha.com - 2 months ago
KKR Real Estate Finance Trust Inc. to Announce First Quarter 2025 Results NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the first quarter 2025 on Wednesday, April 23, 2025, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Thursday, April 24, 2025 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a p. businesswire.com - 2 months ago
KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.25 Per Share of Common Stock NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.25 per share of common stock with respect to the first quarter of 2025. The dividend is payable on April 15, 2025 to KREF's common stockholders of record as of March 31, 2025. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by. businesswire.com - 3 months ago
4 Sizzling Off-the-Radar Ultra-High-Yield Stocks That Pay 10% to 14% Dividends Investors love dividend stocks, especially the ultra-high-yield variety, because they offer a significant income stream and have massive total return potential. 247wallst.com - 3 months ago
KKR Real Estate Finance Trust Inc. Announces Closing of New $550 Million Senior Secured Term Loan B NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it closed on a Term Loan B (the “New Term Loan B”) for an aggregate principal amount of $550 million due in 2032. KREF intends to use the net proceeds from the New Term Loan B to repay the existing Term Loan B due in 2027, repay other indebtedness and for general corporate purposes. The New Term Loan B priced at 99.875% and bears interest at SOFR plus 325 basis points. Patrick Mattson, Presi. businesswire.com - 3 months ago
8. Profile Summary

KKR Real Estate Finance Trust Inc. KREF

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 624 M
Dividend Yield 3.03%
Description 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 mortgage 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.
Contact 30 Hudson Yards, New York City, NY, 10001 https://www.kkrreit.com
IPO Date May 5, 2017
Employees 0
Officers Ms. Kendra L. Decious CPA Chief Financial Officer & Treasurer Ms. Kelly Galligan General Counsel & Secretary Mr. Matt Vargo Principal of Real Estate Mr. Paul Fine Managing Director Real Estate Mr. Duncan Chalfant Principal of Real Estate Mr. Joel Traut Partner & Head of Originations Mr. Matthew A. Salem Chief Executive Officer & Director Mr. W. Patrick Mattson C.F.A. Chief Operating Officer & President Mr. Jack Switala Director of Investor Relations Mr. Andrew Palmieri Principal of Real Estate