KREF logo

KKR REAL ESTATE FINANCE TRUS

KREFNYSE
πŸ† #3121 by market capEarnings Oct 26US Equity
$6.38β–² $0.12 (+1.92%)
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24hβ–² 1.9%
7dβ–² 5.1%
14dβ–Ό 8.6%
30dβ–Ό 16.4%
ytdβ–Ό 22.4%
1yβ–Ό 29.3%
🏦Market Cap
$410M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-22.7%
Declining
πŸ“ŠGross Margin
85.6%
High
πŸ’΅FCF Margin
8.3%
Moderate
βš–οΈP/S Ratio
1.0x
Cheap
Otter Score
64
Fair

Trading Snapshot

Day Range
$6.36 – $6.44
52-Week Range
$5.25 – $9.13
Volume
$4.39B
Avg Volume
$4.78B
Shares Outstanding
64.3M
Next Earnings
Oct 21, 2026

Fundamentals Snapshot

Annual Revenue
$458M
Last Q Revenue
$91M
P/E Ratio
-1.9
P/S Ratio
1.0x
EPS (TTM)
$-2.96
Dividend Yield
13.46%
Dilution (1yr)
βˆ’5.7%

Why Investors Own KREF

  • βœ“High-growth profile β€” revenue up +43.0% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 44% gross margin and 10% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

KREF logo

KKR REAL ESTATE FINANCE TRUS

KREF
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$458Mβ–Ό βˆ’22.7% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
88.3%β–Ό βˆ’3.6% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$272Mβ–Ό βˆ’39.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$67Mβ–Ό βˆ’46.4% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
65.4Mβ–Ό βˆ’5.7% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$4.6Bβ–² +$185M YoY
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About KKR REAL ESTATE FINANCE TRUS

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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100

Analyst Ratings

β“˜
Consensus
Buy
12 analysts
Strong Buy3
Buy4
Hold4
Sell1
Strong Sell0
Ratings as of Sep 2026

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