KKR Real Estate Finance Trust Inc (NASDAQ:KREF) will be announcing its earnings results before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.30 per share for the quarter.

KKR Real Estate Finance Trust (NASDAQ:KREF) last posted its quarterly earnings results on Wednesday, June 14th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. KKR Real Estate Finance Trust had a net margin of 60.09% and a return on equity of 7.27%. The business had revenue of $12.91 million during the quarter, compared to the consensus estimate of $13.01 million. On average, analysts expect KKR Real Estate Finance Trust to post $1.34 EPS for the current fiscal year and $1.79 EPS for the next fiscal year.

Shares of KKR Real Estate Finance Trust Inc (KREF) opened at 20.48 on Monday. The company has a 50-day moving average of $21.19 and a 200 day moving average of $21.65. KKR Real Estate Finance Trust Inc has a 52-week low of $20.10 and a 52-week high of $23.99. The firm has a market cap of $1.10 billion and a P/E ratio of 11.23.

The company also recently disclosed an annual dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a $0.25 dividend. The ex-dividend date was Wednesday, June 28th.

In other KKR Real Estate Finance Trust news, Director Deborah H. Mcaneny acquired 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The shares were bought at an average cost of $20.50 per share, with a total value of $153,750.00. Following the completion of the transaction, the director now directly owns 9,939 shares of the company’s stock, valued at approximately $203,749.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

KREF has been the subject of several analyst reports. Keefe, Bruyette & Woods initiated coverage on KKR Real Estate Finance Trust in a report on Tuesday, May 30th. They set a “market perform” rating and a $22.50 price target for the company. Wells Fargo & Company initiated coverage on KKR Real Estate Finance Trust in a report on Tuesday, May 30th. They set a “market perform” rating for the company. Zacks Investment Research upgraded KKR Real Estate Finance Trust from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a report on Tuesday, August 1st. Finally, J P Morgan Chase & Co initiated coverage on KKR Real Estate Finance Trust in a report on Tuesday, May 30th. They set a “neutral” rating and a $23.00 price target for the company.

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About KKR Real Estate Finance Trust

KKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets (CRE). KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit and hedge funds.

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