KKR Real Estate Finance Trust (NYSE:KREF) Trading Down 4.5% After Earnings Miss (2025)

Posted by Defense World Staff on Apr 25th, 2025

KKR Real Estate Finance Trust Inc. (NYSE:KREF – Get Free Report) shares were down 4.5% during mid-day trading on Thursday following a weaker than expected earnings announcement. The stock traded as low as $8.95 and last traded at $8.87. Approximately 246,549 shares changed hands during trading, a decline of 51% from the average daily volume of 498,389 shares. The stock had previously closed at $9.28.

The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.32). The firm had revenue of $31.34 million for the quarter, compared to analysts’ expectations of $34.77 million. KKR Real Estate Finance Trust had a return on equity of 8.53% and a net margin of 6.30%.

KKR Real Estate Finance Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.16%. The ex-dividend date was Monday, March 31st. KKR Real Estate Finance Trust’s dividend payout ratio is presently 555.56%.

Analyst Upgrades and Downgrades

KREF has been the subject of several analyst reports. Keefe, Bruyette & Woods lowered KKR Real Estate Finance Trust from an “outperform” rating to a “market perform” rating and set a $10.75 target price for the company. in a research note on Monday, April 7th. JPMorgan Chase & Co. cut their price objective on shares of KKR Real Estate Finance Trust from $11.50 to $9.50 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Finally, JMP Securities lowered their target price on shares of KKR Real Estate Finance Trust from $13.00 to $12.00 and set a “market outperform” rating for the company in a report on Thursday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $11.88.

Read Our Latest Stock Report on KREF

Institutional Trading of KKR Real Estate Finance Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC grew its stake in KKR Real Estate Finance Trust by 9,954.2% during the first quarter. Farther Finance Advisors LLC now owns 2,413 shares of the company’s stock worth $26,000 after buying an additional 2,389 shares during the period. GAMMA Investing LLC increased its holdings in KKR Real Estate Finance Trust by 2,508.7% in the 1st quarter. GAMMA Investing LLC now owns 5,400 shares of the company’s stock valued at $58,000 after purchasing an additional 5,193 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in KKR Real Estate Finance Trust in the fourth quarter valued at about $96,000. Caxton Associates LP acquired a new position in shares of KKR Real Estate Finance Trust during the fourth quarter worth about $110,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in shares of KKR Real Estate Finance Trust in the fourth quarter worth about $119,000. Institutional investors and hedge funds own 70.23% of the company’s stock.

KKR Real Estate Finance Trust Trading Down 3.4 %

The firm has a market cap of $615.68 million, a price-to-earnings ratio of 49.78 and a beta of 0.88. The company has a quick ratio of 296.16, a current ratio of 296.16 and a debt-to-equity ratio of 3.50. The business has a 50 day moving average price of $10.34 and a 200-day moving average price of $10.83.

KKR Real Estate Finance Trust Company Profile

(Get Free Report)

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.