Real Estate -
REIT - Mortgage - NYSE - US
$ 10.61
1.24 %
$ 738 M
Market Cap
-36.59
P/E
1. INTRINSIC VALUE
Balance Sheet
KKR Real Estate Finance Trust Inc.
| Current Assets | 177 M |
| Cash & Short-Term Investments | 136 M |
| Receivables | 41 M |
| Other Current Assets | 0 |
| Non-Current Assets | 35.1 M |
| Long-Term Investments | 35.1 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 58.3 M |
| Accounts Payable | 20.2 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 38.1 M |
| Non-Current Liabilities | 6.06 B |
| Long-Term Debt | 6.06 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
KKR Real Estate Finance Trust Inc.
| Revenue | 175 M |
| Cost Of Revenue | 11.2 M |
| Gross Profit | 164 M |
| Operating Expenses | 175 M |
| Operating Income | -58.5 M |
| Other Expenses | -25.9 M |
| Net Income | -32.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
KKR Real Estate Finance Trust Inc.
| Net Income | -32.6 M |
| Depreciation & Amortization | 485 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.07 M |
| Change in Working Capital | -177 K |
| Others | 181 M |
| Free Cash Flow | 156 M |
Wall Street Analysts Price Targets
KKR Real Estate Finance Trust Inc.
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
13.10%
KREF Average Price Target
Wall Street Target
14.7 USD
38.55%
KREF Highest Price Target
Wall Street Target
23.5 USD
121.49%
4. DIVIDEND
ANALYSIS
2.64%
DIVIDEND YIELD
0.25 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
KKR Real Estate Finance Trust Inc.
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
350 K USD 2
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
11 months ago
Feb 08, 2024
|
Bought
97.2 K USD
|
Mattson W Patrick
President and COO
|
+ 10000
|
9.72 USD |
|
11 months ago
Feb 08, 2024
|
Bought
253 K USD
|
Salem Matthew A
Chief Executive Officer
|
+ 26000
|
9.7244 USD |
|
1 year ago
May 12, 2023
|
Bought
102 K USD
|
Lee Christen E.J.
Director
|
+ 10000
|
10.1662 USD |
|
1 year ago
Apr 27, 2023
|
Bought
268 K USD
|
Salem Matthew A
Chief Executive Officer
|
+ 25000
|
10.7025 USD |
|
1 year ago
May 01, 2023
|
Bought
84.8 K USD
|
Mattson W Patrick
President and COO
|
+ 8000
|
10.5969 USD |
|
2 years ago
Jun 07, 2022
|
Sell 82.9 M
USD
|
KKR Financial Holdings LLC
director:
|
- 4250000
|
19.51 USD |
|
2 years ago
Jun 07, 2022
|
Sell 82.9 M
USD
|
ROBERTS GEORGE R
director:
|
- 4250000
|
19.51 USD |
|
2 years ago
Jun 07, 2022
|
Sell 82.9 M
USD
|
ROBERTS GEORGE R
director:
|
- 4250000
|
19.51 USD |
|
2 years ago
Jun 07, 2022
|
Sell 82.9 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 4250000
|
19.51 USD |
|
3 years ago
Jul 30, 2021
|
Sell 225 K
USD
|
Lee Christen E.J.
Director
|
- 10387
|
21.65 USD |
|
3 years ago
Aug 02, 2021
|
Sell 216 K
USD
|
Lee Christen E.J.
Director
|
- 10098
|
21.39 USD |
|
3 years ago
Aug 03, 2021
|
Sell 168 K
USD
|
Lee Christen E.J.
Director
|
- 7969
|
21.02 USD |
|
3 years ago
May 27, 2021
|
Sell 15.1 M
USD
|
KKR REFT Holdings L.P.
10 percent owner
|
- 750000
|
20.07 USD |
|
3 years ago
May 13, 2021
|
Sell 100 M
USD
|
KKR REFT Holdings L.P.
10 percent owner
|
- 5000000
|
20.07 USD |
|
3 years ago
Feb 26, 2021
|
Sell 1.34 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 72510
|
18.52 USD |
|
3 years ago
Mar 01, 2021
|
Sell 3.32 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 177408
|
18.71 USD |
|
3 years ago
Feb 26, 2021
|
Sell 1.34 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 72510
|
18.52 USD |
|
3 years ago
Mar 01, 2021
|
Sell 3.32 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 177408
|
18.71 USD |
|
3 years ago
Feb 23, 2021
|
Sell 443 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 23947
|
18.5 USD |
|
3 years ago
Feb 24, 2021
|
Sell 5.46 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 288270
|
18.95 USD |
|
3 years ago
Feb 25, 2021
|
Sell 2.54 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 135300
|
18.78 USD |
|
3 years ago
Feb 23, 2021
|
Sell 443 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 23947
|
18.5 USD |
|
3 years ago
Feb 24, 2021
|
Sell 5.46 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 288270
|
18.95 USD |
|
3 years ago
Feb 25, 2021
|
Sell 2.54 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 135300
|
18.78 USD |
|
3 years ago
Feb 18, 2021
|
Sell 76.1 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 4111
|
18.5 USD |
|
3 years ago
Feb 19, 2021
|
Sell 1.94 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 104607
|
18.58 USD |
|
3 years ago
Feb 22, 2021
|
Sell 588 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 31564
|
18.62 USD |
|
3 years ago
Feb 18, 2021
|
Sell 76.1 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 4111
|
18.5 USD |
|
3 years ago
Feb 19, 2021
|
Sell 1.94 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 104607
|
18.58 USD |
|
3 years ago
Feb 22, 2021
|
Sell 588 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 31564
|
18.62 USD |
|
3 years ago
Feb 12, 2021
|
Sell 1.43 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 76101
|
18.73 USD |
|
3 years ago
Feb 16, 2021
|
Sell 1.63 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 85920
|
18.95 USD |
|
3 years ago
Feb 17, 2021
|
Sell 361 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 19524
|
18.51 USD |
|
3 years ago
Feb 12, 2021
|
Sell 1.43 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 76101
|
18.73 USD |
|
3 years ago
Feb 16, 2021
|
Sell 1.63 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 85920
|
18.95 USD |
|
3 years ago
Feb 17, 2021
|
Sell 361 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 19524
|
18.51 USD |
|
3 years ago
Feb 09, 2021
|
Sell 86.6 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 4670
|
18.55 USD |
|
3 years ago
Feb 10, 2021
|
Sell 666 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 35676
|
18.66 USD |
|
3 years ago
Feb 11, 2021
|
Sell 3.26 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 174920
|
18.61 USD |
|
3 years ago
Feb 09, 2021
|
Sell 86.6 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 4670
|
18.55 USD |
|
3 years ago
Feb 10, 2021
|
Sell 666 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 35676
|
18.66 USD |
|
3 years ago
Feb 11, 2021
|
Sell 3.26 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 174920
|
18.61 USD |
|
4 years ago
Dec 28, 2020
|
Sell 812 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 43791
|
18.54 USD |
|
4 years ago
Dec 29, 2020
|
Sell 318 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 17182
|
18.51 USD |
|
4 years ago
Dec 28, 2020
|
Sell 812 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 43791
|
18.54 USD |
|
4 years ago
Dec 29, 2020
|
Sell 318 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 17182
|
18.51 USD |
|
4 years ago
Dec 17, 2020
|
Sell 1.36 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 73619
|
18.54 USD |
|
4 years ago
Dec 18, 2020
|
Sell 247 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 13291
|
18.55 USD |
|
4 years ago
Dec 17, 2020
|
Sell 1.36 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 73619
|
18.54 USD |
|
4 years ago
Dec 18, 2020
|
Sell 247 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 13291
|
18.55 USD |
|
4 years ago
Dec 14, 2020
|
Sell 169 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 9139
|
18.51 USD |
|
4 years ago
Dec 15, 2020
|
Sell 453 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 24187
|
18.71 USD |
|
4 years ago
Dec 16, 2020
|
Sell 739 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 39847
|
18.54 USD |
|
4 years ago
Dec 14, 2020
|
Sell 169 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 9139
|
18.51 USD |
|
4 years ago
Dec 15, 2020
|
Sell 453 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 24187
|
18.71 USD |
|
4 years ago
Dec 16, 2020
|
Sell 739 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 39847
|
18.54 USD |
|
4 years ago
Dec 07, 2020
|
Sell 511 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 27566
|
18.53 USD |
|
4 years ago
Dec 08, 2020
|
Sell 518 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 27865
|
18.6 USD |
|
4 years ago
Dec 09, 2020
|
Sell 25.6 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 1371
|
18.67 USD |
|
4 years ago
Dec 07, 2020
|
Sell 511 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 27566
|
18.53 USD |
|
4 years ago
Dec 08, 2020
|
Sell 518 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 27865
|
18.6 USD |
|
4 years ago
Dec 09, 2020
|
Sell 25.6 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 1371
|
18.67 USD |
|
4 years ago
Dec 03, 2020
|
Sell 452 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 24402
|
18.53 USD |
|
4 years ago
Dec 04, 2020
|
Sell 761 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 41032
|
18.55 USD |
|
4 years ago
Dec 03, 2020
|
Sell 452 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 24402
|
18.53 USD |
|
4 years ago
Dec 04, 2020
|
Sell 761 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 41032
|
18.55 USD |
|
4 years ago
Nov 30, 2020
|
Sell 351 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 18950
|
18.5 USD |
|
4 years ago
Dec 01, 2020
|
Sell 118 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 6353
|
18.57 USD |
|
4 years ago
Dec 02, 2020
|
Sell 610 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 32944
|
18.53 USD |
|
4 years ago
Nov 30, 2020
|
Sell 351 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 18950
|
18.5 USD |
|
4 years ago
Dec 01, 2020
|
Sell 118 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 6353
|
18.57 USD |
|
4 years ago
Dec 02, 2020
|
Sell 610 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 32944
|
18.53 USD |
|
4 years ago
Nov 24, 2020
|
Sell 1.87 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 100900
|
18.51 USD |
|
4 years ago
Nov 25, 2020
|
Sell 134 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 7258
|
18.5 USD |
|
4 years ago
Nov 24, 2020
|
Sell 1.87 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 100900
|
18.51 USD |
|
4 years ago
Nov 25, 2020
|
Sell 134 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 7258
|
18.5 USD |
|
4 years ago
Nov 17, 2020
|
Sell 512 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 27684
|
18.5 USD |
|
4 years ago
Nov 18, 2020
|
Sell 182 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 9824
|
18.55 USD |
|
4 years ago
Nov 17, 2020
|
Sell 512 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 27684
|
18.5 USD |
|
4 years ago
Nov 18, 2020
|
Sell 182 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 9824
|
18.55 USD |
|
4 years ago
Nov 10, 2020
|
Sell 1.42 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 76623
|
18.52 USD |
|
4 years ago
Nov 10, 2020
|
Sell 1.42 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 76623
|
18.52 USD |
|
4 years ago
Sep 16, 2020
|
Sell 1.75 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 94200
|
18.56 USD |
|
4 years ago
Sep 16, 2020
|
Sell 1.75 M
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 94200
|
18.56 USD |
|
4 years ago
Sep 08, 2020
|
Sell 298 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 16090
|
18.51 USD |
|
4 years ago
Sep 09, 2020
|
Sell 309 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 16690
|
18.51 USD |
|
4 years ago
Sep 10, 2020
|
Sell 48.6 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 2623
|
18.51 USD |
|
4 years ago
Sep 08, 2020
|
Sell 298 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 16090
|
18.51 USD |
|
4 years ago
Sep 09, 2020
|
Sell 309 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 16690
|
18.51 USD |
|
4 years ago
Sep 10, 2020
|
Sell 48.6 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 2623
|
18.51 USD |
|
4 years ago
Sep 01, 2020
|
Sell 382 K
USD
|
KKR Group Partnership L.P.
10 percent owner
|
- 20657
|
18.5 USD |
|
4 years ago
Sep 01, 2020
|
Sell 382 K
USD
|
Tactical Value SPN-KREF Holdings L.P.
10 percent owner
|
- 20657
|
18.5 USD |
|
4 years ago
May 01, 2020
|
Bought
11.7 K USD
|
Lee Christen E.J.
Director
|
+ 760
|
15.45 USD |
|
4 years ago
May 01, 2020
|
Bought
109 K USD
|
Lee Christen E.J.
Director
|
+ 7160
|
15.25 USD |
|
4 years ago
May 01, 2020
|
Bought
11.3 K USD
|
Lee Christen E.J.
Director
|
+ 730
|
15.45 USD |
|
5 years ago
Aug 14, 2019
|
Bought
245 K USD
|
Salem Matthew A
Co-CEO and Co-President
|
+ 13000
|
18.85 USD |
|
5 years ago
Aug 14, 2019
|
Bought
95.8 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 5000
|
19.15 USD |
|
6 years ago
Nov 30, 2018
|
Bought
97.2 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 5000
|
19.45 USD |
|
6 years ago
Nov 30, 2018
|
Bought
46.4 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 2400
|
19.35 USD |
|
6 years ago
Nov 30, 2018
|
Bought
19.4 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 1000
|
19.45 USD |
|
6 years ago
Nov 19, 2018
|
Sell 45 M
USD
|
MAKENA CAPITAL MANAGEMENT LLC
10 percent owner
|
- 2250000
|
20 USD |
|
6 years ago
Nov 19, 2018
|
Sell 35 M
USD
|
KKR Management Holdings L.P.
10 percent owner
|
- 1750000
|
20 USD |
|
6 years ago
Nov 19, 2018
|
Sell 35 M
USD
|
Tactical Value SPN-KREF Holdings L.P.
Director
|
- 1750000
|
20 USD |
|
6 years ago
May 17, 2018
|
Bought
40.3 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 2000
|
20.17 USD |
|
7 years ago
Nov 14, 2017
|
Bought
100 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 5000
|
20.04 USD |
|
7 years ago
Nov 13, 2017
|
Bought
99.8 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 5000
|
19.96 USD |
|
7 years ago
Nov 13, 2017
|
Bought
39.9 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 2000
|
19.96 USD |
|
7 years ago
Oct 10, 2017
|
Bought
5.36 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 251.071
|
21.368 USD |
|
7 years ago
Aug 15, 2017
|
Bought
52.4 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 2600
|
20.15 USD |
|
7 years ago
Aug 14, 2017
|
Bought
237 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 11900
|
19.92 USD |
|
7 years ago
Aug 14, 2017
|
Bought
51.7 K USD
|
Lee Christen E.J.
Co-CEO and Co-President
|
+ 2600
|
19.87 USD |
|
7 years ago
May 10, 2017
|
Bought
308 K USD
|
Langer Jonathan A
Director
|
+ 15000
|
20.5 USD |
|
7 years ago
May 10, 2017
|
Bought
154 K USD
|
MCANENY DEBORAH H
Director
|
+ 7500
|
20.5 USD |
7. News
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
globenewswire.com
- 1 month 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 fourth quarter of 2024. The dividend is payable on January 15, 2025 to KREF's common stockholders of record as of December 31, 2024. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secu.
businesswire.com
- 1 month ago
The Dark Side Of REIT Investments
Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:
seekingalpha.com
- 2 months ago
KREF.PR.A: A Dividend Play Now, 7.5% Yield
KKR Real Estate Finance Trust's Series A Preferred Shares are upgraded due to stabilizing fundamentals and significant loan repayments, indicating a bottoming out in book value. The fund's portfolio shows no further deterioration, with management effectively handling loan loss provisions and real estate owned properties. The dividend cut earlier in the year has improved long-term sustainability, with current distributable earnings far exceeding the distribution, leading to NAV accretion.
seekingalpha.com
- 2 months ago
KKR Real Estate Finance Trust Inc. (KREF) Q3 2024 Earnings Call Transcript
KKR Real Estate Finance Trust Inc. (NYSE:KREF ) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Jack Switala - Investor Relations Matt Salem - Chief Executive Officer Patrick Mattson - President and Chief Operating Officer Kendra Decious - Chief Financial Officer Conference Call Participants Rick Shane - JP Morgan Stephen Laws - Raymond James Jade Rahmani - KBW Don Fandetti - Wells Fargo Tom Catherwood - BTIG Steve Delaney - Citizens JMP Securities Operator Good morning, and welcome to the KKR Real Estate Finance Trust Inc. Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 2 months ago
Here's What Key Metrics Tell Us About KKR Real Estate (KREF) Q3 Earnings
While the top- and bottom-line numbers for KKR Real Estate (KREF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
KKR Real Estate Finance (KREF) Q3 Earnings Surpass Estimates
KKR Real Estate Finance (KREF) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.31 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 Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its third 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, October 22, 2024 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.
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 December 13, 2024 to KREF's preferred stockholders of record as of November 29, 2024. About KKR Real Estate Finance Trust Inc. KREF.
businesswire.com
- 3 months ago
KKR Real Estate Finance Trust Inc. to Announce Third 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 third quarter 2024 on Monday, October 21, 2024, 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, October 22, 2024 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
- 3 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 third quarter of 2024. The dividend is payable on October 15, 2024 to KREF's common stockholders of record as of September 30, 2024. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secu.
businesswire.com
- 4 months ago
KKR Real Estate Finance Trust Inc. to Present at Deutsche Bank's 32nd Annual Leveraged Finance Conference
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Patrick Mattson, President and Chief Operating Officer, will present at Deutsche Bank's 32nd Annual Leveraged Finance Conference on Wednesday, September 25, 2024, at 12:20PM 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 liv.
businesswire.com
- 4 months ago
8. Profile
Summary
KKR Real Estate Finance Trust Inc. KREF
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 738 M
Dividend Yield
2.64%
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
Ms. Kelly Galligan
General Counsel & Secretary
Mr. Andrew Palmieri
Principal of Real Estate
Mr. Turner Trapp
Principal of Real Estate
Mr. Paul Fine
Managing Director Real Estate
Mr. W. Patrick Mattson C.F.A.
Chief Operating Officer & President
Ms. Kendra L. Decious CPA
Chief Financial Officer & Treasurer
Mr. Duncan Chalfant
Principal of Real Estate
Mr. Matthew A. Salem
Chief Executive Officer & Director
Mr. Jack Switala
Principal, Capital Markets & Head of Investor Relations
Mr. Joel Traut
Partner & Head of Originations