KKR Real Estate Finance Trust (NYSE:KREF – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.34 by $0.03, Briefing.com reports. KKR Real Estate Finance Trust had a return on equity of 9.88% and a net margin of 5.88%. The business had revenue of $140.15 million for the quarter, compared to the consensus estimate of $39.52 million. During the same quarter in the prior year, the business earned $0.47 earnings per share.
KKR Real Estate Finance Trust Price Performance
KKR Real Estate Finance Trust stock traded up $0.13 during midday trading on Wednesday, reaching $11.80. 477,719 shares of the stock were exchanged, compared to its average volume of 529,106. KKR Real Estate Finance Trust has a 52 week low of $8.71 and a 52 week high of $14.12. The company has a debt-to-equity ratio of 3.86, a quick ratio of 392.62 and a current ratio of 392.62. The firm has a market cap of $817.91 million, a PE ratio of -25.46 and a beta of 0.99. The company’s fifty day moving average is $11.93 and its 200-day moving average is $10.55.
KKR Real Estate Finance Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, September 30th. This represents a $1.00 annualized dividend and a yield of 8.47%. KKR Real Estate Finance Trust’s dividend payout ratio is currently -217.39%.
Analyst Ratings Changes
View Our Latest Report on KREF
KKR Real Estate Finance Trust Company Profile
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.
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