News stories about KKR Real Estate Finance Trust (NYSE:KREF) have been trending positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KKR Real Estate Finance Trust earned a daily sentiment score of 0.33 on Accern’s scale. Accern also gave news headlines about the company an impact score of 49.1581381787845 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several equities analysts have recently issued reports on the company. Zacks Investment Research raised KKR Real Estate Finance Trust from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. JPMorgan Chase & Co. cut their price target on KKR Real Estate Finance Trust from $19.00 to $18.50 and set a “$20.65” rating on the stock in a research note on Monday, July 23rd. Finally, Wells Fargo & Co raised KKR Real Estate Finance Trust from a “market perform” rating to an “outperform” rating and upped their price target for the company from $20.00 to $22.00 in a research note on Wednesday, August 22nd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $21.40.
NYSE:KREF remained flat at $$20.50 during mid-day trading on Friday. The company’s stock had a trading volume of 275,461 shares, compared to its average volume of 285,040. KKR Real Estate Finance Trust has a 1 year low of $18.09 and a 1 year high of $21.82. The company has a quick ratio of 558.64, a current ratio of 558.64 and a debt-to-equity ratio of 1.68. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 2.38 and a beta of -0.19.
KKR Real Estate Finance Trust (NYSE:KREF) last released its earnings results on Monday, August 6th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.20. KKR Real Estate Finance Trust had a return on equity of 8.53% and a net margin of 65.77%. The firm had revenue of $40.00 million for the quarter, compared to analyst estimates of $38.00 million. sell-side analysts expect that KKR Real Estate Finance Trust will post 1.73 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 12th. Shareholders of record on Friday, September 28th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 8.39%. The ex-dividend date of this dividend is Thursday, September 27th. KKR Real Estate Finance Trust’s payout ratio is 140.98%.
KKR Real Estate Finance Trust Company Profile
KKR Real Estate Finance Trust Inc, a real estate finance company, focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. The company engages in the origination and purchase of credit investments related to commercial real estate, including leveraged and unleveraged commercial mortgage loans, and commercial mortgage-backed securities.
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