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KKR Real Estate Finance Trust Inc. KREF
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 9.01
-5.75 %
$ 619 M
Market Cap
47.42
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one KREF stock under the worst case scenario is HIDDEN Compared to the current market price of 9.01 USD, KKR Real Estate Finance Trust Inc. is HIDDEN

KREF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one KREF stock under the base case scenario is HIDDEN Compared to the current market price of 9.01 USD, KKR Real Estate Finance Trust Inc. is HIDDEN

KREF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one KREF stock under the best case scenario is HIDDEN Compared to the current market price of 9.01 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 -23%
6M -28.0%
1Y 2%
3Y -58.0%
5Y 5%
All
$11.5$11.5$11.0$11.0$10.5$10.5$10.0$10.0$9.5$9.5$9.0$9.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '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%
34 M REVENUE
-8.19%
Growth Rates
1Year -13.41%
3Years -0.05%
5Years 8.74%
7Years 12.81%
10Years 71.24%
0 OPERATING INCOME
100.00%
Growth Rates
1Year 108.66%
3Years -66.75%
5Years -43.82%
7Years -32.74%
10Years 15.71%
19.6 M NET INCOME
366.10%
Growth Rates
1Year 205.25%
3Years -36.98%
5Years -17.53%
7Years -7.68%
10Years 33.84%
18.3 M OPERATING CASH FLOW
-62.69%
Growth Rates
1Year -14.87%
3Years 2.03%
5Years 7.65%
7Years 13.75%
10Years 130.00%
408 M INVESTING CASH FLOW
67.14%
Growth Rates
1Year 8176.39%
3Years 39.67%
5Years 26.23%
7Years 17.16%
10Years 34.04%
-431 M FINANCING CASH FLOW
-46.18%
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 0
Gross Profit 152 M
Operating Expenses 147 M
Operating Income 5.07 M
Other Expenses -29.3 M
Net Income 34.3 M
160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00152m0152m(147m)5m29m34mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 95.75%
5Years 89.76%
7Years 92.12%
10Years 93.37%
3.34% OPERATING MARGIN
3.34%
Averages
1Year 3.34%
3Years 42.39%
5Years 52.31%
7Years 75.48%
10Years 85.35%
22.63% NET MARGIN
22.63%
Averages
1Year 22.63%
3Years 8.94%
5Years 32.08%
7Years 48.72%
10Years 60.50%
2.55% ROE
2.55%
Averages
1Year 2.55%
3Years 0.93%
5Years 3.61%
7Years 4.85%
10Years 5.18%
0.54% ROA
0.54%
Averages
1Year 0.54%
3Years 0.21%
5Years 0.75%
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 65.4 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 $14.7 , with forecasts ranging from a low of $12 to a high of $23.5 .
KREF Lowest Price Target Wall Street Target
12 USD 33.19%
KREF Average Price Target Wall Street Target
14.7 USD 63.15%
KREF Highest Price Target Wall Street Target
23.5 USD 160.82%
Price
Max Price Target
Min Price Target
Average Price Target
2424222220201818161614141212101088May '24May '24Jul '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 '26
4. DIVIDEND ANALYSIS
3.23% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.80001.80001.60001.60001.40001.40001.20001.20001.00001.00000.80000.80000.60000.60000.40000.40000.20000.20000.00000.00000.40.430.430.430.430.430.250.250.250.430.430.430.26630.430.430.430.250.370.430.430.430.430.430.430.250.371.390.431.720.431.720.431.720.431.560.431.720.431.540.251.180.25201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
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
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 - 1 month 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 - 1 month 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 - 1 month ago
KKR Real Estate Finance Trust Inc. to Present at Citi's 30th Annual Global Property CEO Conference NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will present at Citi's 30th Annual Global Property CEO Conference on Monday, March 3, 2025, at 11:40AM ET. A live audio webcast of the presentation will be available on the Investor Center section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. For those unable to listen to the live audio webcast, a replay will be. businesswire.com - 2 months ago
KKR Real Estate Finance Trust Inc. (KREF) Q4 2024 Earnings Call Transcript KKR Real Estate Finance Trust Inc. (NYSE:KREF ) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Jack Switala - Investor Relations Matt Salem - Chief Executive Officer Patrick Mattson - President and Chief Operating Officer Conference Call Participants Tom Catherwood - BTIG Don Fandetti - Wells Fargo Stephen Laws - Raymond James Steve Delaney - Citizens JMP Rick Shane - JPMorgan Jason Sabshon - KBW Operator Good morning, and welcome to the KKR Real Estate Finance Trust, Inc. Fourth Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode. seekingalpha.com - 2 months ago
KKR Real Estate (KREF) Reports Q4 Earnings: What Key Metrics Have to Say Although the revenue and EPS for KKR Real Estate (KREF) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 months ago
KKR Real Estate Finance (KREF) Q4 Earnings Top Estimates KKR Real Estate Finance (KREF) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.47 per share a year ago. zacks.com - 2 months ago
KKR Real Estate Finance Trust Inc. Reports Fourth Quarter 2024 Results NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter 2024 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 Tuesday, February 4, 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. businesswire.com - 2 months 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 March 14, 2025 to KREF's preferred stockholders of record as of February 28, 2025. About KKR Real Estate Finance Trust Inc. KREF is. businesswire.com - 2 months ago
KKR Real Estate Finance Trust Inc. Tax Treatment of 2024 Dividends NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2024 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.'s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2024:   Tax Treatment of 2024 Common Stock Dividends Record Date Payment D. businesswire.com - 2 months ago
Analysts Estimate KKR Real Estate Finance (KREF) to Report a Decline in Earnings: What to Look Out for KKR Real Estate (KREF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 months ago
KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter 2024 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 fourth quarter 2024 on Monday, February 3, 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 Tuesday, February 4, 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. callers); a p. 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 $ 619 M
Dividend Yield 3.23%
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, NY, 10001 https://www.kkrreit.com
IPO Date May 5, 2017
Employees 0
Officers Mr. Duncan Chalfant Principal of Real Estate Ms. Kelly Galligan General Counsel & Secretary Mr. Paul Fine Managing Director Real Estate Ms. Kendra L. Decious CPA Chief Financial Officer & Treasurer Mr. W. Patrick Mattson C.F.A. Chief Operating Officer & President Mr. Matt Vargo Principal of Real Estate Mr. Jack Switala Director of Investor Relations Mr. Andrew Palmieri Principal of Real Estate Mr. Joel Traut Partner & Head of Originations Mr. Matthew A. Salem Chief Executive Officer & Director