KREF
KKR Real Estate Finance TrustKREF
KREF
About: KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,806% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $473K
164% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
38% more capital invested
Capital invested by funds: $460M [Q2] → $635M (+$175M) [Q3]
15% more funds holding
Funds holding: 149 [Q2] → 171 (+22) [Q3]
14% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 50
1.53% more ownership
Funds ownership: 72.64% [Q2] → 74.17% (+1.53%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10.50
5%
upside
Avg. target
$11.38
14%
upside
High target
$12.25
23%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Richard Shane 65% 1-year accuracy 43 / 66 met price target | 5%upside $10.50 | Overweight Maintained | 21 Jan 2025 |
Keefe, Bruyette & Woods Jade Rahmani 45% 1-year accuracy 15 / 33 met price target | 23%upside $12.25 | Outperform Maintained | 14 Jan 2025 |
Financial journalist opinion
Based on 5 articles about KREF published over the past 30 days
Neutral
Business Wire
20 hours 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.
Neutral
Business Wire
21 hours 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.
Negative
Zacks Investment Research
5 days 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.
Neutral
Business Wire
2 weeks 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.
Positive
Benzinga
2 weeks ago
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 9% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
GlobeNewsWire
1 month ago
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.
Neutral
Business Wire
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.
Neutral
Seeking Alpha
2 months 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:
Positive
Seeking Alpha
3 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.
Neutral
Seeking Alpha
3 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.
Charts implemented using Lightweight Charts™