KKR Real Estate Finance Trust Inc. (KREF) stock price, financials & research

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 1, 2026

60/ 100

GoAI Score

Hold

Valuation

85

Deep Value

Sentiment

59

Mixed

Risk

45

Elevated Risk

Momentum

43

Neutral

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Company profile

Company website

KKR Real Estate Finance Trust Inc. (KREF) operates as a mortgage real estate investment trust (REIT), primarily focused on originating and acquiring first-lien debt secured by commercial properties. Its investment strategy includes a range of commercial real estate credit products, such as both leveraged and unleveraged commercial mortgage loans, as well as commercial mortgage-backed securities (CMBS). As an elected REIT, the company is exempt from federal corporate income tax, provided it distributes a minimum of 90% of its taxable income to its shareholders. KREF was established in 2014 and maintains its corporate headquarters in New York, New York.

Industry: REIT - Mortgage
Sector: Real Estate
Headquarters: US
CEO: Matthew A. Salem
Listed since: May 5, 2017
Employees: 0

Market position

Day range

Current $6.23

$6.06$6.31

52-week range

Current $6.23

$5.25$9.11

Open: $6.22
Previous close: $6.26
Volume: 931.61K; 0.94× average
Average volume: 992.79K; Average daily volume
Market cap: 400.59M USD
Beta: 0.93; Market reference 1
50-day average: $7.1242; -12.55% below average
200-day average: $7.0978; -12.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 5.16B USD
P/E (TTM): -1.9×
P/B (TTM): 0.42×
P/S (TTM): 0.97×
EV / EBITDA: 18.76×
Earnings yield: -8.57%
Free cash flow yield: 12.15%
Dividend yield: 11.24%

Profitability & efficiency

Gross margin: 85.57%
Operating margin: 26.35%
Net margin: -44.66%
Return on equity: -4.01%
Return on assets: -0.73%
Return on invested capital: 4.19%

Financial health

Debt / equity: 4.63×
Current ratio: 0.32×
Altman Z-score: -0.17
Piotroski F-score: 4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

457.96M USD-22.72%

Operating income

271.64M USD-39.09%

Net income

−47.05M USD−82.64M USD

Financial statements: Income statement
Metric (USD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	457.96M USD	592.62M USD	660.19M USD	436.51M USD	285.76M USD
Cost of goods sold	53.56M USD	49.6M USD	39.85M USD	37.43M USD	29.65M USD
Gross profit	404.4M USD	543.02M USD	620.34M USD	399.08M USD	256.11M USD
Selling, general, and administrative	40.74M USD	—	—	—	—
Operating expenses	132.76M USD	97.05M USD	193.9M USD	129.99M USD	10.18M USD
Interest income	435.6M USD	564.63M USD	640.41M USD	421.97M USD	279.95M USD
Interest expense	322.96M USD	412.91M USD	458.8M USD	236.1M USD	114.44M USD
Depreciation and amortization	2.6M USD	983K USD	—	—	—
Operating income	271.64M USD	445.97M USD	426.44M USD	269.09M USD	245.94M USD
Net income	−47.05M USD	35.59M USD	−30.85M USD	38.1M USD	137.18M USD

Company facts updated Oct 8, 2026.

Earnings

EPS beat rate: 55%; 6 beats, 5 misses, 0 met estimates
Average EPS surprise: -316.71%; 11 comparable reports
Latest EPS result: -0.58; Estimate -0.56 · Miss by 3.30%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

12 ratings

Strong buy00%

Buy650%

Hold542%

Sell18%

Strong sell00%

KREF news

defenseworld.netSep 28, 2026

KKR Real Estate Finance Trust (NYSE:KREF) Declares Quarterly Dividend of $0.10

KKR Real Estate Finance Trust (NYSE: KREF - Get Free Report) declared a quarterly dividend on Friday, September 18th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.10 per share on…

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businesswire.comSep 18, 2026

KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.10 Per Share of Common Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.10 per share of common stock with respect to the…

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zacks.comSep 17, 2026

5 Cheap REITs With Dividends Above 3% to Buy on the Dip

These five cheap real estate stocks offer dividend yields above 3% and could become attractive buy-the-dip opportunities if higher interest rates spark another REIT selloff.

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defenseworld.netSep 15, 2026

Analyzing Adamas Trust (NASDAQ:ADAM) and KKR Real Estate Finance Trust (NYSE:KREF)

KKR Real Estate Finance Trust (NYSE: KREF - Get Free Report) and Adamas Trust (NASDAQ: ADAM - Get Free Report) are both small-cap finance companies, but which is the superior business? We will compare the two businesses…

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defenseworld.netAug 14, 2026

Bank of New York Mellon Corp Has $1 Million Position in KKR Real Estate Finance Trust $KREF

Bank of New York Mellon Corp lessened its holdings in shares of KKR Real Estate Finance Trust (NYSE: KREF) by 46.4% during the undefined quarter, according to its most recent filing with the Securities and Exchange…

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zacks.comAug 10, 2026

Surging Earnings Estimates Signal Upside for KKR Real Estate (KREF) Stock

KKR Real Estate Finance (KREF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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