KKR Real Estate Finance Trust (KREF) to Release Quarterly Earnings on Monday

KKR Real Estate Finance Trust (NYSE:KREF - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Monday, February 3rd. Analysts expect KKR Real Estate Finance Trust to post earnings of $0.08 per share and revenue of $34.78 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

KKR Real Estate Finance Trust Stock Performance

KREF stock traded down $0.07 during midday trading on Friday, hitting $9.97. 520,615 shares of the stock traded hands, compared to its average volume of 406,332. The firm has a market cap of $693.61 million, a P/E ratio of -33.25 and a beta of 1.00. The company has a debt-to-equity ratio of 3.75, a current ratio of 277.63 and a quick ratio of 277.63. The stock's fifty day simple moving average is $10.70 and its 200-day simple moving average is $11.29. KKR Real Estate Finance Trust has a 1-year low of $8.71 and a 1-year high of $12.95.

KKR Real Estate Finance Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 10.03%. KKR Real Estate Finance Trust's dividend payout ratio is presently -333.32%.

Analysts Set New Price Targets

KREF has been the topic of several research analyst reports. Keefe, Bruyette & Woods dropped their target price on shares of KKR Real Estate Finance Trust from $13.00 to $12.25 and set an "outperform" rating on the stock in a research report on Tuesday, January 14th. JMP Securities lifted their target price on shares of KKR Real Estate Finance Trust from $12.50 to $13.00 and gave the company a "market outperform" rating in a research report on Wednesday, October 30th. Raymond James dropped their target price on shares of KKR Real Estate Finance Trust from $14.00 to $13.50 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. dropped their target price on shares of KKR Real Estate Finance Trust from $11.50 to $10.50 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, KKR Real Estate Finance Trust presently has an average rating of "Buy" and a consensus price target of $12.46.

KKR Real Estate Finance Trust Company Profile

KKR Real Estate Finance Trust Inc, a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans.