Investing In KKR Real Estate Finance Trust Inc (NYSE: KREF): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2023 Results.

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Stocks Info

The company is listed on the NYSE and operates within the REIT – Mortgage industry segment. At the end of the last regular session, the stock closed at $9.44 and fluctuated between $9.58 as its day high and $9.38 as its day low. The current market capitalization of KKR Real Estate Finance Trust Inc is $654.29M. A total of 0.84 million shares were traded on the day, compared to an average of 625.89K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, KREF has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 5 SELLs from insiders. Insiders purchased 91,370 shares during that period but sold 81,933.

In the most recent transaction, Salem Matthew A bought 26,000 shares of KREF for 9.72 per share on Feb 08. After the transaction, the Chief Executive Officer now owns 460,309 company shares. In a previous transaction on Feb 08, Mattson W Patrick bought 10,000 shares at 9.72 per share. KREF shares that President and COO owns now total 308,446.

Among the insiders who bought shares, Lee Christen E.J. acquired of 10,000 shares on May 12 at a per-share price of $10.17. This resulted in the Director holding 15,000 shares of KREF after the transaction. In another insider transaction, Mattson W Patrick bought 8,000 shares at $10.60 per share on May 01. Company shares held by the President and COO now total 245,651.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. KREF’s most recent ex-dividend date was 3/27/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/28/2023. The KREF stock dividend was $0.43 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for KREF in the last 3 months, the mean price target is $11.50 with high estimates of $13.50 and low estimates of $10.00. In terms of 52-week highs and lows, KREF has a high of $14.88 and a low of $9.09.

As of this writing, KREF has an earnings estimate of $0.38 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.54 per share and a lower estimate of $0.15. The company reported an EPS of $0.25 in the last quarter, which was 13.60% higher than expectations of $0.22.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $20.26, while its Total Shareholder’s Equity was $1.36B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 4.17.

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