Analyst Expects KKR Real Estate Finance Trust Inc (NYSE: KREF) To Make Big Moves

After Hours

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. 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

As a NYSE listed company, KREF falls under the Real Estate sector while operating within the REIT – Mortgage industry segment. The current market capitalization of KKR Real Estate Finance Trust Inc is $673.69M. A total of 0.53 million shares were traded on the day, compared to an average of 661.05K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, KREF has a high of $14.37 and a low of $9.09.

As of this writing, KREF has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 7 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $20.26, while its Total Shareholder’s Equity was $1.36B.

Analysts Opinion

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. 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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