KKR Real Estate Finance Trust Inc (NYSE:KREF) has been assigned an average rating of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $21.17.

A number of analysts have recently issued reports on the company. TheStreet upgraded KKR Real Estate Finance Trust from a “d” rating to a “c” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded KKR Real Estate Finance Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, May 7th. JMP Securities downgraded KKR Real Estate Finance Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, March 25th. They noted that the move was a valuation call. Finally, JPMorgan Chase & Co. upgraded KKR Real Estate Finance Trust from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $20.00 to $20.50 in a research report on Wednesday, January 16th.

KREF stock opened at $20.25 on Friday. The company has a quick ratio of 394.01, a current ratio of 394.01 and a debt-to-equity ratio of 2.48. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 10.55, a P/E/G ratio of 2.31 and a beta of 0.12. KKR Real Estate Finance Trust has a twelve month low of $18.54 and a twelve month high of $21.41.

KKR Real Estate Finance Trust (NYSE:KREF) last posted its earnings results on Wednesday, May 1st. The company reported $0.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.01. The business 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%. Sell-side analysts expect that KKR Real Estate Finance Trust will post 1.74 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc boosted its position in shares of KKR Real Estate Finance Trust by 42.8% during the 3rd quarter. Vanguard Group Inc now owns 2,478,909 shares of the company’s stock valued at $49,999,000 after acquiring an additional 742,552 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of KKR Real Estate Finance Trust by 42.8% during the 3rd quarter. Vanguard Group Inc. now owns 2,478,909 shares of the company’s stock valued at $49,999,000 after acquiring an additional 742,552 shares during the last quarter. BlackRock Inc. boosted its position in shares of KKR Real Estate Finance Trust by 2.8% during the 1st quarter. BlackRock Inc. now owns 2,427,815 shares of the company’s stock valued at $48,605,000 after acquiring an additional 65,279 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of KKR Real Estate Finance Trust by 83.2% during the 4th quarter. Acadian Asset Management LLC now owns 598,662 shares of the company’s stock valued at $11,464,000 after acquiring an additional 271,862 shares during the last quarter. Finally, Elliott Management Corp bought a new stake in shares of KKR Real Estate Finance Trust during the 4th quarter valued at about $9,920,000. Hedge funds and other institutional investors own 73.01% of the company’s stock.

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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