KKR Real Estate Finance Trust (NYSE:KREF) will be releasing its earnings data after the market closes on Thursday, August 1st. Analysts expect KKR Real Estate Finance Trust to post earnings of $0.40 per share for the quarter.
KKR Real Estate Finance Trust (NYSE:KREF) last issued its earnings results on Wednesday, May 1st. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. The company had revenue of $64.75 million during the quarter, compared to analyst estimates of $31.70 million. KKR Real Estate Finance Trust had a return on equity of 9.52% and a net margin of 41.89%. On average, analysts expect KKR Real Estate Finance Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of KREF opened at $20.09 on Tuesday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 10.46, a price-to-earnings-growth ratio of 2.31 and a beta of 0.18. The business has a 50 day moving average price of $20.15. The company has a current ratio of 394.01, a quick ratio of 394.01 and a debt-to-equity ratio of 2.48. KKR Real Estate Finance Trust has a 52 week low of $18.54 and a 52 week high of $21.41.
The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a $0.43 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.72 annualized dividend and a dividend yield of 8.56%. KKR Real Estate Finance Trust’s payout ratio is 89.58%.
Several brokerages have recently commented on KREF. TheStreet upgraded WillScot from a “d-” rating to a “c-” rating in a research report on Wednesday, May 8th. Zacks Investment Research lowered Eisai from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $21.60.
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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