KKR Real Estate Finance Trust Inc (KREF)’s Day in Review: Closing at 8.94, Down by -3.66

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After finishing at $9.28 in the prior trading day, KKR Real Estate Finance Trust Inc (NYSE: KREF) closed at $8.94, down -3.66%. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 1.51 million shares were traded. KREF stock price reached its highest trading level at $9.29 during the session, while it also had its lowest trading level at $8.84.

Ratios:

Our goal is to gain a better understanding of KREF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.41. 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 606188352 and an Enterprise Value of 5694738432. As of this moment, KKR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.53, and their Forward P/E ratio for the next fiscal year is 8.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 58.421.

Stock Price History:

The Beta on a monthly basis for KREF is 1.01, which has changed by -0.07068604 over the last 52 weeks, in comparison to a change of 0.07545352 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 -14.59%, while the 200-Day Moving Average is calculated to be -19.06%.

Shares Statistics:

The stock has traded on average 534.15K shares per day over the past 3-months and 744240 shares per day over the last 10 days, according to various share statistics. A total of 67.82M shares are outstanding, with a floating share count of 66.18M. Insiders hold about 3.97% of the company’s shares, while institutions hold 74.46% stake in the company. Shares short for KREF as of 1743379200 were 1127711 with a Short Ratio of 2.11, compared to 1740700800 on 1160789. Therefore, it implies a Short% of Shares Outstanding of 1127711 and a Short% of Float of 2.4.

Dividends & Splits

In the trailing 12 months, KREF’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.10775863The stock’s 5-year Average Dividend Yield is 11.0.

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