Analysts forecast that KKR Real Estate Finance Trust Inc (NYSE:KREF) will post earnings per share (EPS) of $0.43 for the current quarter, Zacks reports. Two analysts have made estimates for KKR Real Estate Finance Trust’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.45. KKR Real Estate Finance Trust posted earnings per share of $0.38 during the same quarter last year, which would indicate a positive year over year growth rate of 13.2%. The company is scheduled to announce its next quarterly earnings report on Monday, November 4th.

On average, analysts expect that KKR Real Estate Finance Trust will report full-year earnings of $1.66 per share for the current financial year, with EPS estimates ranging from $1.62 to $1.72. For the next financial year, analysts forecast that the business will report earnings of $1.75 per share, with EPS estimates ranging from $1.72 to $1.77. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow KKR Real Estate Finance Trust.

KKR Real Estate Finance Trust (NYSE:KREF) last released its earnings results on Thursday, August 1st. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.05). The business had revenue of $25.86 million during the quarter, compared to the consensus estimate of $27.50 million. KKR Real Estate Finance Trust had a net margin of 35.11% and a return on equity of 7.86%.

Several research firms have recently issued reports on KREF. TheStreet raised KKR Real Estate Finance Trust from a “d” rating to a “c” rating in a report on Wednesday, May 8th. Zacks Investment Research lowered KKR Real Estate Finance Trust from a “hold” rating to a “sell” rating in a report on Thursday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $21.60.

Hedge funds have recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC bought a new position in shares of KKR Real Estate Finance Trust in the first quarter valued at approximately $44,000. Aperio Group LLC bought a new position in shares of KKR Real Estate Finance Trust in the second quarter valued at approximately $46,000. Bank of Montreal Can grew its holdings in shares of KKR Real Estate Finance Trust by 411.0% in the second quarter. Bank of Montreal Can now owns 2,652 shares of the company’s stock valued at $52,000 after acquiring an additional 2,133 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of KKR Real Estate Finance Trust by 210.0% in the first quarter. Nisa Investment Advisors LLC now owns 3,410 shares of the company’s stock valued at $68,000 after acquiring an additional 2,310 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in KKR Real Estate Finance Trust by 57.7% during the fourth quarter. Legal & General Group Plc now owns 3,953 shares of the company’s stock valued at $75,000 after purchasing an additional 1,446 shares during the period. 77.94% of the stock is owned by institutional investors.

Shares of KREF stock traded down $0.01 during trading on Friday, hitting $18.86. The company’s stock had a trading volume of 7,220 shares, compared to its average volume of 277,809. The company has a market cap of $1.09 billion, a P/E ratio of 9.83, a PEG ratio of 2.34 and a beta of 0.18. The company has a current ratio of 637.35, a quick ratio of 637.35 and a debt-to-equity ratio of 3.42. The business’s fifty day moving average is $19.93. KKR Real Estate Finance Trust has a 52 week low of $18.54 and a 52 week high of $21.41.

About KKR Real Estate Finance Trust

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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