What KKR Real Estate Finance Trust Inc. (KREF) Insiders Are Up To

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KKR Real Estate Finance Trust Inc. (NYSE:KREF) finished Friday with an addition of $0.13 to close at $13.96, an upside of 0.94 percent. An average of 553,500 shares of common stock have been traded in the last five days. There was a fall of -$0.60 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 527,005 shares traded, while the 50-day average volume stands at 489,282.

KREF stock has decreased by -15.65% in the last month. The company shares reached their 1-month lowest point of $13.55 on 12/30/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $13.61 and a high of $22.44 in 52 weeks. It has reached a new high 6 times so far this year and lost -32.98% or -$6.87 in price. In spite of this, the price is down -37.79% from the 52-week high.


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Insider Transactions

KREF stock investors should be aware that KKR Real Estate Finance Trust Inc. (KREF) stock had its last reported insider trading activity 207 days ago on Jun 07. In this transaction, the insider spent $82,917,500. 10% Owner, KKR REFT Holdings L.P., disposed of 4,250,000 shares at a price of $19.51 on Jun 07. The insider now owns more than $82,917,500 worth of shares.

Valuation Metrics

KKR Real Estate Finance Trust Inc. (KREF) has a trailing price-to-earnings (P/E) ratio of 23.04. The stock’s beta is 0.82. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.57, the price-to-book (PB) ratio at 0.61, and the price-to-cash flow ratio at 42.80.

The company has a payout ratio of 264.60%. The company’s most recent quarterly dividend payment was $0.43 a share, without any change from last year. Its latest increase dividend $0.1637 reported on Tuesday June 15 2021.

Financial Health

Further, the company has a long term debt to equity ratio of 3.69 and a total debt to equity ratio of 3.69 for the quarter ending September 29. Its gross profit as reported stood at $137.87 million compared to revenue of $177.69 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, KKR Real Estate Finance Trust Inc.’s return on assets was 0.50%.

Earnings Surprise

For the three-month period that ended September 29, KKR Real Estate Finance Trust Inc. had $337.18 million in total debt. The analyst consensus anticipated KKR Real Estate Finance Trust Inc.’s latest quarter earnings to come in at $0.46 per share, but it turned out to be $0.5, a 8.70% surprise. For the quarter, EBITDA amounted to -$43.44 million. At the end of the quarter ending September 29, KKR Real Estate Finance Trust Inc.’s stock balance sheet showed total debt was $5.88 billion. Shareholders own equity worth $69.09 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at KKR Real Estate Finance Trust Inc. (KREF) price momentum. RSI 9-day as of the close on 30 December was 25.20%, suggesting the stock is oversold, with historical volatility in this time frame at 24.91%.

As of today, KREF’s price is $14.23 -4.12% or -$0.60 from its 5-day moving average. KREF is currently trading -13.99% lower than its 20-day SMA and -28.15% lower than its 100-day SMA. However, the stock’s current price level is -18.98% below the SMA50 and -29.81% below the SMA200.

The stochastic %K and %D were 12.78% and 14.86%, respectively, and the average true range (ATR) was 0.44. With the 14-day stochastic at 13.76% and the average true range at 0.45, the RSI (14) stands at 27.94%. The stock has reached -0.43 on the 9-day MACD Oscillator while the 14-day reading was at -0.81.

Analyst Ratings

JMP Securities upgraded KKR Real Estate Finance Trust Inc. (NYSE: KREF) to a a Mkt outperform rating in its most recent analyst report. Previously, the stock was rated as a Mkt perform. The consensus rating for KKR Real Estate Finance Trust Inc. (KREF) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KREF, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.

What is KREF’s price target for the next 12 months?

Analysts predict a range of price targets between $17.00 and $20.00, with a median target of $18.50. Taking a look at these predictions, the average price target given by analysts for KKR Real Estate Finance Trust Inc. (KREF) stock is $18.50.

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