KKR Real Estate Finance Trust (KREF) Earning Favorable Media Coverage, Analysis Finds

Media coverage about KKR Real Estate Finance Trust (NYSE:KREF) has been trending positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of 0.33 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.4715356738992 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the media stories that may have effected Accern’s analysis:

Shares of KREF opened at $20.12 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1,807.17 and a current ratio of 1,807.17. The company has a market capitalization of $1.07 billion and a P/E ratio of 16.49.

KKR Real Estate Finance Trust (NYSE:KREF) last issued its quarterly earnings data on Wednesday, May 9th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The firm had revenue of $31.69 million during the quarter, compared to analyst estimates of $33.40 million. KKR Real Estate Finance Trust had a return on equity of 6.16% and a net margin of 70.71%. sell-side analysts predict that KKR Real Estate Finance Trust will post 1.62 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 29th will be issued a dividend of $0.43 per share. This is a positive change from KKR Real Estate Finance Trust’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date of this dividend is Thursday, June 28th. KKR Real Estate Finance Trust’s payout ratio is currently 131.15%.

A number of analysts recently commented on the company. Raymond James assumed coverage on KKR Real Estate Finance Trust in a research report on Tuesday, March 27th. They issued an “outperform” rating and a $21.50 target price for the company. Zacks Investment Research lowered KKR Real Estate Finance Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 11th. ValuEngine lowered KKR Real Estate Finance Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 23rd. Barclays assumed coverage on KKR Real Estate Finance Trust in a research report on Friday, January 19th. They issued an “overweight” rating for the company. Finally, JPMorgan Chase lowered KKR Real Estate Finance Trust from a “neutral” rating to an “underweight” rating and set a $23.00 target price for the company. in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $22.38.

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.

Insider Buying and Selling by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)

Receive News & Ratings for KKR Real Estate Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Real Estate Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply