In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, KKR Real Estate Finance Trust Inc (NYSE: KREF) closed at $8.79 up 0.23% from its previous closing price of $8.77. In other words, the price has increased by $0.23 from its previous closing price. On the day, 0.92 million shares were traded. KREF stock price reached its highest trading level at $8.94 during the session, while it also had its lowest trading level at $8.63.
Ratios:
For a deeper understanding of KKR Real Estate Finance Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 3.93 whereas as Long-Term Debt/Eq ratio is at 3.80.
On September 05, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $11.50 to $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KREF now has a Market Capitalization of 596017408 and an Enterprise Value of 6001313280. As of this moment, KKR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.60, and their Forward P/E ratio for the next fiscal year is 9.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 61.566.
Stock Price History:
The Beta on a monthly basis for KREF is 0.95, which has changed by -0.03512621 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, KREF has reached a high of $12.95, while it has fallen to a 52-week low of $8.28. The 50-Day Moving Average of the stock is -3.99%, while the 200-Day Moving Average is calculated to be -17.17%.
Shares Statistics:
For the past three months, KREF has traded an average of 676.03K shares per day and 1002330 over the past ten days. A total of 67.82M shares are outstanding, with a floating share count of 56.18M. Insiders hold about 17.40% of the company’s shares, while institutions hold 61.34% stake in the company. Shares short for KREF as of 1749772800 were 3084627 with a Short Ratio of 4.56, compared to 1747267200 on 2394555. Therefore, it implies a Short% of Shares Outstanding of 3084627 and a Short% of Float of 6.710000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for KREF is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11402508The stock’s 5-year Average Dividend Yield is 11.03.
Earnings Estimates
The performance of KKR Real Estate Finance Trust Inc (KREF) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.23, with high estimates of $0.28 and low estimates of $0.11.
Analysts are recommending an EPS of between $1.12 and $0.31 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.93, with 5.0 analysts recommending between $1.46 and $0.47.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $32.55M this quarter.It ranges from a high estimate of $34M to a low estimate of $31M. As of the current estimate, KKR Real Estate Finance Trust Inc’s year-ago sales were $40.43MFor the next quarter, 4 analysts are estimating revenue of $31.5M. There is a high estimate of $34M for the next quarter, whereas the lowest estimate is $29M.
A total of 4 analysts have provided revenue estimates for KREF’s current fiscal year. The highest revenue estimate was $136M, while the lowest revenue estimate was $120M, resulting in an average revenue estimate of $127.2M. In the same quarter a year ago, actual revenue was $151.72MBased on 4 analysts’ estimates, the company’s revenue will be $125.22M in the next fiscal year. The high estimate is $136M and the low estimate is $115M.
