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Wednesday, March 22, 2023

There’s No Getting Around KKR Real Estate Finance Trust Inc. (NYSE: KREF) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for KKR Real Estate Finance Trust Inc. (KREF) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.33%, to $12.20. The KKR Real Estate Finance Trust Inc. has recorded 9,446 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted KKR Real Estate Finance Trust Inc. to Present at the Citi 2023 Global Property CEO Conference.

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Stocks Info

KREF belongs to the Real Estate sector of the NYSE while operating in the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $12.24 and fluctuated between $12.95 as its day high and $12.19 as its day low. The current market capitalization of KKR Real Estate Finance Trust Inc. is $893.40M. A total of 0.71 million shares were traded on the day, compared to an average of 439.54K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, KREF has seen 5 BUY and 0 SELL insider trades, representing the acquisition of 244,650 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 7 SELLs from insiders. Insiders purchased 272,275 shares during that period but sold 8,597,939.

In the most recent transaction, KKR Group Partnership L.P. sold 4,250,000 shares of KREF for 19.51 per share on Jun 07. After the transaction, the 10% Owner now owns 10,000,000 company shares. In a previous transaction on Jun 07, KKR REFT Holdings L.P. sold 4,250,000 shares at 19.51 per share. KREF shares that 10% Owner owns now total 10,000,000.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. KKR Real Estate Finance Trust Inc. pays an annual dividend of $1.72, resulting in a dividend yield of 14.05%, and it has a price to earnings (P/E) ratio of 54.16. KREF’s most recent ex-dividend date was 12/29/2022 when it declared a $0.43 quarterly dividend that was paid in cash on 1/13/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The KREF stock dividend was $0.43 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for KREF in the last 3 months, the mean price target is $16.57 with high estimates of $18.00 and low estimates of $15.50. In terms of 52-week highs and lows, KREF has a high of $21.17 and a low of $12.91.

As of this writing, KREF has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.57 per share and a lower estimate of $0.38. The company reported an EPS of $0.5 in the last quarter, which was 8.70% higher than expectations of $0.46.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KREF is Overweight with a score of 4.25. A total of 4 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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