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

KKR Real Estate Finance Trust (NYSE:KREF) is scheduled to be releasing its earnings data after the market closes on Monday, August 3rd. Analysts expect KKR Real Estate Finance Trust to post earnings of $0.44 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Shares of KKR Real Estate Finance Trust stock opened at $16.65 on Friday. The stock has a 50-day moving average price of $16.55 and a 200 day moving average price of $17.13. The company has a market cap of $923.74 million, a P/E ratio of 31.42 and a beta of 0.62. The company has a current ratio of 329.54, a quick ratio of 329.54 and a debt-to-equity ratio of 4.19. KKR Real Estate Finance Trust has a 1 year low of $6.84 and a 1 year high of $22.03.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 10.33%. The ex-dividend date of this dividend was Monday, June 29th. KKR Real Estate Finance Trust’s dividend payout ratio is currently 102.99%.

Several brokerages recently issued reports on KREF. Zacks Investment Research raised KKR Real Estate Finance Trust from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Saturday. JPMorgan Chase & Co. lowered their target price on KKR Real Estate Finance Trust from $20.50 to $16.50 and set a “neutral” rating on the stock in a report on Tuesday, April 28th. Raymond James raised their price objective on KKR Real Estate Finance Trust from $19.00 to $19.50 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Wells Fargo & Co reiterated an “overweight” rating and issued a $20.00 price objective on shares of KKR Real Estate Finance Trust in a research report on Wednesday, July 15th. Finally, ValuEngine downgraded KKR Real Estate Finance Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. KKR Real Estate Finance Trust has a consensus rating of “Hold” and a consensus price target of $18.25.

About KKR Real Estate Finance Trust

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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Earnings History for KKR Real Estate Finance Trust (NYSE:KREF)

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