Closing Bell Recap: KKR Real Estate Finance Trust Inc (KREF) Ends at 10.31, Reflecting a -0.87 Downturn

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KKR Real Estate Finance Trust Inc (NYSE: KREF) closed the day trading at $10.31 down -0.87% from the previous closing price of $10.40. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.59 million shares were traded. KREF stock price reached its highest trading level at $10.61 during the session, while it also had its lowest trading level at $10.17.

Ratios:

For a better understanding of KREF, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.75. In the meantime, Its Debt-to-Equity ratio is 3.90 whereas as Long-Term Debt/Eq ratio is at 3.70.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on September 05, 2024, Upgraded its rating to Outperform and sets its target price to $13 from $11.50 previously.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 08 ’24 when Mattson W Patrick bought 10,000 shares for $9.72 per share. The transaction valued at 97,200 led to the insider holds 308,446 shares of the business.

Salem Matthew A bought 26,000 shares of KREF for $252,834 on Feb 08 ’24. The Chief Executive Officer now owns 460,309 shares after completing the transaction at $9.72 per share.

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 717293504 and an Enterprise Value of 6280355840. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 94.318.

Stock Price History:

Over the past 52 weeks, KREF has reached a high of $14.12, while it has fallen to a 52-week low of $8.71. The 50-Day Moving Average of the stock is -10.94%, while the 200-Day Moving Average is calculated to be -3.68%.

Shares Statistics:

Over the past 3-months, KREF traded about 449.80K shares per day on average, while over the past 10 days, KREF traded about 386090 shares per day. A total of 69.33M shares are outstanding, with a floating share count of 58.04M. Insiders hold about 16.70% of the company’s shares, while institutions hold 60.69% stake in the company. Shares short for KREF as of 1732838400 were 1201937 with a Short Ratio of 2.67, compared to 1730332800 on 1081777. Therefore, it implies a Short% of Shares Outstanding of 1201937 and a Short% of Float of 2.5.

Dividends & Splits

KREF’s forward annual dividend rate is 1.18, up from 1.18 a year ago. Against a Trailing Annual Dividend Yield of 0.11346154The stock’s 5-year Average Dividend Yield is 10.98.

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