KKR Real Estate Finance Trust Inc (NYSE: KREF): Blank Check For Growth?

KKR Real Estate Finance Trust Inc (NYSE:KREF) shares, rose in value on Friday, November 01, with the stock price up by 0.09% to the previous day’s close as strong demand from buyers drove the stock to $11.60.

Actively observing the price movement in the last trading, the stock closed the session at $11.59, falling within a range of $11.54 and $11.76. The value of beta (5-year monthly) was 1.025. Referring to stock’s 52-week performance, its high was $14.12, and the low was $8.71. On the whole, KREF has fluctuated by -1.78% over the past month.

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With the market capitalization of KKR Real Estate Finance Trust Inc currently standing at about $808.23 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04. The company’s Forward Dividend Ratio is 1.18, with its dividend yield at 10.17%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 152.2M, with a low estimate of 33M and a high estimate of 38M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 35.64M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KREF’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the price of KREF currently trading nearly -1.12% and -3.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.08, while the 7-day volatility ratio is showing 2.06% which for the 30-day chart, stands at 2.29%. Furthermore, KKR Real Estate Finance Trust Inc (KREF)’s beta value is 1.03, and its average true range (ATR) is 0.29.

A comparison of KKR Real Estate Finance Trust Inc (KREF) with its peers suggests the former has fared considerably weaker in the market. KREF showed an intraday change of 0.09% in last session, and over the past year, it grew by 9.54%%.

Data on historical trading for KKR Real Estate Finance Trust Inc (NYSE:KREF) indicates that the trading volumes over the past 10 days have averaged 0.5 and over the past 3 months, they’ve averaged 467.33K. According to company’s latest data on outstanding shares, there are 69.31 million shares outstanding.

Nearly 16.76% of KKR Real Estate Finance Trust Inc’s shares belong to company insiders and institutional investors own 58.16% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.06 million shares as on 2024-10-15, resulting in a short ratio of 2.33. According to the data, the short interest in KKR Real Estate Finance Trust Inc (KREF) stood at 221.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 1.09 million. The stock has fallen by -12.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KREF stock heading into the next quarter.

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