The price of KKR Real Estate Finance Trust Inc (NYSE: KREF) closed at $9.90 in the last session, up 2.06% from day before closing price of $9.70. In other words, the price has increased by $+0.20 from its previous closing price. On the day, 636961 shares were traded. KREF stock price reached its highest trading level at $9.97 during the session, while it also had its lowest trading level at $9.80.
Ratios:
We take a closer look at KREF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.41. In the meantime, Its Debt-to-Equity ratio is 4.31 whereas as Long-Term Debt/Eq ratio is at 3.03.
On April 28, 2021, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform but kept the price unchanged to $21.50.
JP Morgan Upgraded its Neutral to Overweight on February 09, 2021, while the target price for the stock was maintained at $19.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 08 ’24 when Salem Matthew A bought 26,000 shares for $9.72 per share. The transaction valued at 252,834 led to the insider holds 460,309 shares of the business.
Mattson W Patrick bought 10,000 shares of KREF for $97,200 on Feb 08 ’24. The President and COO now owns 308,446 shares after completing the transaction at $9.72 per share. On May 12 ’23, another insider, Lee Christen E.J., who serves as the Director of the company, bought 10,000 shares for $10.17 each. As a result, the insider paid 101,662 and bolstered with 15,000 shares of the company.
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 686.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.49.
Stock Price History:
Over the past 52 weeks, KREF has reached a high of $14.37, while it has fallen to a 52-week low of $9.09. The 50-Day Moving Average of the stock is 11.52, while the 200-Day Moving Average is calculated to be 11.90.
Shares Statistics:
According to the various share statistics, KREF traded on average about 654.87K shares per day over the past 3-months and 759.49k shares per day over the past 10 days. A total of 69.31M shares are outstanding, with a floating share count of 57.76M. Insiders hold about 16.67% of the company’s shares, while institutions hold 57.91% stake in the company. Shares short for KREF as of Feb 15, 2024 were 1.73M with a Short Ratio of 2.64, compared to 1.39M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.49% and a Short% of Float of 3.58%.
Dividends & Splits
The forward annual dividend rate for KREF is 1.72, which was 1.72 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 17.73%, it implies a Forward Annual Dividend Yield of 10.10%. The stock’s 5-year Average Dividend Yield is 10.35.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.39 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.15, while EPS last year was $0.48. The consensus estimate for the next quarter is -$0.35, with high estimates of $0.4 and low estimates of -$0.79.
Analysts are recommending an EPS of between $1.55 and $0.11 for the fiscal current year, implying an average EPS of $0.71. EPS for the following year is $1.35, with 4 analysts recommending between $1.54 and $1.21.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $44.89M. It ranges from a high estimate of $50.5M to a low estimate of $39.9M. As of the current estimate, KKR Real Estate Finance Trust Inc’s year-ago sales were $47.82M, an estimated decrease of -6.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $43.54M, a decrease of -0.90% over than the figure of -$6.10% in the same quarter last year. There is a high estimate of $49.7M for the next quarter, whereas the lowest estimate is $38M.
A total of 7 analysts have provided revenue estimates for KREF’s current fiscal year. The highest revenue estimate was $195.9M, while the lowest revenue estimate was $150.6M, resulting in an average revenue estimate of $171.52M. In the same quarter a year ago, actual revenue was $181.61M, down -5.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $156.72M in the next fiscal year. The high estimate is $186.8M and the low estimate is $139M. The average revenue growth estimate for next year is down -8.60% from the average revenue estimate for this year.
