YOLFTbeta
KKR Real Estate Finance Trust Inc

KKR Real Estate Finance Trust Inc

KREF · NYSE · Real Estate / REIT - Mortgage

5.42USD+0.06 (+1.12%)

Price History

Full chart

Market Stats

Previous Close5.36
Open5.32
Day Range5.16 – 5.45
52-Week Range5.18 – 8.38
Volume631.00K
Market Cap371.97M
P/E (TTM)0.00
Forward P/E11.67
EPS-3.26
Dividend Yield6.30%
Beta0.88
50-Day Avg7.31
200-Day Avg7.20

About

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 in the United States. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans. The company has also elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Matthew A. Salem
  • Employees0
  • Headquarters30 Hudson Yards, New York, NY, United States, 10001, USA
  • Websitehttps://www.kkrreit.com

Leadership

  • Mr. Matthew A. SalemCEO & Director · b. 1974
  • Mr. W. Patrick MattsonCOO, President & Secretary · b. 1974
  • Ms. Kendra L. DeciousCFO & Treasurer · b. 1965
  • Mr. Jack SwitalaDirector of Investor Relations
  • Mr. Joel TrautPartner & Global Head of Direct Lending for Real Estate Credit
  • Mr. Paul FineMD & Head of U.S. Originations for Real Estate Credit

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue700.00K19.69M35.26M65.24M99.24M99.77M125.63M151.94M436.51M181.61M592.62M457.96M
Growth (%)-+2712.86%+79.08%+85.03%+52.11%+0.53%+25.92%+20.95%+187.28%-58.39%+226.31%-22.72%
Cost of Revenue0554.00K7.43M-13.49M-16.35M158.86M88.35M39.83M37.43M11.19M49.60M53.56M
Gross Profit700.00K19.69M35.26M78.73M115.59M99.77M125.63M151.94M399.08M170.42M543.02M404.40M
Gross Margin100.00%100.00%100.00%120.68%116.47%100.00%100.00%100.00%91.43%93.84%91.63%88.30%
Operating Expense2.90M1.98M-3.68M-2.65M-59.10M9.23M70.82M14.08M129.99M222.57M97.05M132.76M
Operating Income-2.20M17.71M38.94M81.39M174.69M90.54M54.81M137.87M269.09M-52.15M445.97M271.64M
Operating Margin-314.29%89.94%110.44%124.75%176.03%90.75%43.63%90.73%61.65%-28.71%75.25%59.31%
EBITDA112.00K17.71M38.94M81.39M174.69M90.54M77.14M153.60M273.75M-52.15M448.47M274.92M
EBITDA Margin16.00%89.94%110.44%124.75%176.03%90.75%61.40%101.09%62.71%-28.71%75.68%60.03%
Net Income-2.09M16.76M31.16M59.06M89.74M89.97M54.40M137.18M38.10M-53.92M35.59M-47.05M
Net Income Margin-298.29%85.13%88.36%90.53%90.43%90.17%43.30%90.28%8.73%-29.69%6.01%-10.27%
R&D--0.980.730.450.330.20.480.090.05--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0554.00K7.43M21.22M85.02M158.86M127.31M114.44M236.09M458.80M412.91M322.96M
Interest Expense % of Total Revenue0.00%2.81%21.08%32.53%85.67%159.23%101.34%75.32%54.09%252.63%69.68%70.52%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets17.04M4.72B6.27B7.39B5.23B5.06B4.97B6.70B7.80B7.55B6.35B6.46B
Total Liabilities854.00K4.43B5.76B6.33B4.10B3.93B3.92B5.34B6.23B6.14B4.95B5.24B
Total Equity15.38M286.37M505.04M1.06B1.14B1.12B1.05B1.36B1.57B1.40B1.35B1.17B
Cash61.00K26.69M96.19M103.12M86.53M67.62M110.83M271.49M239.79M135.90M104.93M84.62M
Total Debt-4.54B6.19B7.35B3.11B4.03B3.81B5.29B6.16B6.06B4.90B4.69B
Net Debt-61.00K95.45M342.95M943.15M2.89B3.82B3.70B5.02B5.92B5.92B4.79B4.61B

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow32.00K11.54M25.41M53.80M76.83M91.71M115.06M124.79M141.13M155.72M132.56M72.28M
Investing Cash Flow-66.75M-364.31M-456.45M-1.08B-2.00B-926.31M88.71M-1.54B-1.18B13.49M1.12B264.29M
Financing Cash Flow66.96M379.49M500.60M1.04B1.90B815.69M-160.56M1.58B1.01B-271.51M-1.29B-355.78M
Capital Expenditure274.00K274.00K455.00K000001.66M1.86M8.11M5.58M
Free Cash Flow32.00K11.27M24.95M53.80M76.83M91.71M115.06M124.79M141.13M153.85M124.46M66.70M
Dividends Paid7.56M7.56M21.92M50.72M89.23M99.55M97.08M103.95M136.91M140.16M103.10M88.16M
FCF to OCF100.00%97.63%98.21%100.00%100.00%100.00%100.00%100.00%100.00%98.81%93.89%92.28%
Dividend Paid to FCF23625.00%67.09%87.87%94.27%116.14%108.54%84.38%83.29%97.01%91.10%82.84%132.18%

Earnings

Report DateMar 1, 2017Jun 14, 2017Aug 9, 2017Nov 7, 2017Feb 28, 2018May 9, 2018Aug 6, 2018Nov 5, 2018Feb 20, 2019May 1, 2019Aug 1, 2019Oct 30, 2019Feb 19, 2020Apr 28, 2020Aug 3, 2020Oct 26, 2020Feb 16, 2021Apr 26, 2021Jul 26, 2021Oct 25, 2021Feb 8, 2022Apr 25, 2022Jul 25, 2022Oct 24, 2022Feb 7, 2023Apr 24, 2023Jul 24, 2023Oct 23, 2023Feb 6, 2024Apr 23, 2024Jul 22, 2024Oct 21, 2024Feb 3, 2025Apr 23, 2025Jul 22, 2025Oct 21, 2025Feb 3, 2026Apr 22, 2026Jul 21, 2026Oct 20, 2026
EPS Estimate0.000.330.280.290.340.340.510.350.410.410.410.430.420.430.430.440.490.510.490.470.050.430.420.450.490.450.360.050.160.42-1.710.34-0.130.17-0.080.020.13-0.37-0.600.02
EPS Actual0.370.330.280.310.320.350.710.440.380.440.360.430.440.440.450.580.480.550.540.62-0.050.470.480.500.180.480.480.25-0.370.39-1.570.37-0.210.25-0.04-0.030.22-0.96-0.60-
Surprise-0.00%0.00%6.90%-5.88%2.94%39.22%25.71%-7.32%7.32%-12.20%0.00%4.76%2.33%4.65%31.82%-2.04%7.84%10.20%31.91%-200.00%9.30%14.29%11.11%-63.27%6.67%33.33%400.00%-331.25%-7.14%8.19%8.82%-61.54%47.06%50.00%-250.00%69.23%-159.46%0.00%-
Timing-Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap371.97M
Enterprise Value4.98B
Trailing P/E0.00
Forward P/E11.67
PEG Ratio5.13
Price / Sales326.45
Price / Book0.38
EPS-3.26
Book Value10.47
Revenue (TTM)-72.42M
Gross Profit (TTM)-102.97M
Profit Margin0.00%
Operating Margin135.83%
Return on Equity-16.52%
Return on Assets-2.83%
Shares Outstanding58.58M
Shares Float41.38M
Beta0.88
Dividend Yield6.30%
Dividend Rate0.40
Payout Ratio588.24%

Analyst Ratings

Buy
Based on 5 analystsTarget 7.75
  • Strong Buy
    2
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
90.60%
Insiders
8.08%
Retail / Other
1.32%

Top Institutional Holders

  • Kohlberg Kravis Roberts & Co LP
    10.00M17.07%
  • Long Pond Capital, LP
    5.81M9.92%
  • BlackRock Inc
    5.53M9.45%
  • Nomura Holdings Inc
    2.70M4.62%
  • Vanguard Capital Management, LLC
    2.33M3.97%
  • Conversant Capital LLC
    1.47M2.51%
  • Geode Capital Management, LLC
    1.33M2.26%
  • State Street Corp
    1.28M2.18%
  • Nokomis Capital LLC
    1.12M1.91%
  • Charles Schwab Investment Management Inc
    1.03M1.76%
  • Millennium Management LLC
    969.95K1.66%
  • Morgan Stanley - Brokerage Accounts
    752.05K1.28%
  • Point72 Asset Management, L.P.
    699.22K1.19%
  • Two Sigma Investments LLC
    643.21K1.10%
  • The Goldman Sachs Group Inc
    640.76K1.09%
  • NORGES BANK
    635.00K1.08%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.62M2.77%
  • iShares Russell 2000 ETF
    1.35M2.31%
  • iShares Mortgage Real Estate Capped ETF
    672.77K1.15%
  • Fidelity Small Cap Index
    600.94K1.03%

Dividends

20262×
0.10Jun 30, 20260.25Mar 31, 2026
20254×
0.25Dec 31, 20250.25Sep 30, 20250.25Jun 30, 20250.25Mar 31, 2025
20244×
0.25Dec 31, 20240.25Sep 30, 20240.25Jun 28, 20240.25Mar 27, 2024
20234×
0.43Dec 28, 20230.43Sep 28, 20230.43Jun 29, 20230.43Mar 30, 2023
20224×
0.43Dec 29, 20220.43Sep 29, 20220.43Jun 29, 20220.43Mar 30, 2022
20215×
0.43Dec 30, 20210.43Sep 29, 20210.43Jun 29, 20210.27May 27, 20210.43Mar 30, 2021
20201×
0.43Dec 30, 2020