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6.45 USD
P/E
52.24
EPS
-1.86
Yield
15.74%
Safety Score
30
P/B
0.48
ROE
-8.10
Beta
0.86
Target Price
6.33 USD
KKR Real Estate Finance Trust Inc. logo

KKR Real Estate Finance Trust Inc.

🧾 Earnings Recap – Q3 2025

KKR Real Estate Finance Trust reported GAAP net income of $8 million for Q3 2025, alongside an ambitious growth outlook following robust market demand and proactive asset management strategies.

  • Distributable earnings for Q3 came in at negative $0.03 per share, but excluding losses, stood at $0.18 per share, with a declared dividend of $0.25.
  • The company closed $110 million in loans during the quarter and anticipates over $400 million in originations for Q4.
  • Successfully upsized their Term Loan B to $650 million, enhancing liquidity to $933 million, providing significant operational flexibility.
  • 77% of financing is non-mark to market, with no final maturities before 2027, reinforcing financial stability.
  • Active management of the $5.9 billion loan portfolio resulted in $480 million in repayments this quarter, supporting ongoing investment opportunities.
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Key Metrics
Earnings dateJuly 28, 2026
P/E52.24
EPS-1.86
Book Value13.27
Price to Book0.48
Debt/Equity390.21
% Insiders2.409%
Growth
Revenue Growth2.45%
Estimates
Forward P/E14.31
Forward EPS0.44
Target Mean Price6.33
Dividend
Dividend Yield15.74%
Annual dividends1.00 USD
Ex-Div. DateJune 30, 2026
Payout-88.56%
5y avg Yield11.01%

DCF Valuation

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DCF Result

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KKR Real Estate Finance Trust Inc. Logo KKR Real Estate Finance Trust Inc. Analysis (KREF)

United States Real Estate Official Website Stock

Is KKR Real Estate Finance Trust Inc. a good investment? KKR Real Estate Finance Trust Inc. (KREF) is currently trading at 6.45 USD. Market analysts have a consensus price target of 6.33 USD. This suggests the asset is currently trading above analyst expectations.

In terms of valuation, the stock trades at a P/E ratio of 52.24. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: KKR Real Estate Finance Trust Inc. is expected to release its next earnings report on July 28, 2026. The market consensus estimate for Forward EPS is 0.44.

For income investors, KKR Real Estate Finance Trust Inc. pays a dividend yield of 15.74%. With a payout ratio of -89%, the dividend appears sustainable.

Investor FAQ

Does KKR Real Estate Finance Trust Inc. pay a dividend?

Yes, it pays an annual dividend of 1.00 USD (15.74% yield).

What asset class is KKR Real Estate Finance Trust Inc.?

KKR Real Estate Finance Trust Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be July 28, 2026. The company currently has a trailing EPS of -1.86.

Company Profile

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets in the United States. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans. The company has also elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

Exchange Ticker
NYQ (United States) KREF
Dividend Yield

15.74% (5y avg: 11.01%)

Annual Dividends

1.00 USD

Next ex. div date

June 30, 2026

Payout Ratio

-88.56%

Historical Dividends
Year Total Dividends
2027 0.47 USD
2026 0.82 USD
2025 1.00 USD
2024 1.18 USD
2023 1.72 USD
2022 1.72 USD
2021 1.99 USD
2020 1.72 USD
2019 1.72 USD
2018 1.63 USD
2017 0.62 USD

Yearly aggregated dividends

Dividends

KKR Real Estate Finance Trust Inc.
Jul 15, 2026 Upcoming
Dividend
0.1 USD
KKR Real Estate Finance Trust Inc.
Apr 15, 2026 Paid
Dividend
0.25 USD
KKR Real Estate Finance Trust Inc.
Jan 15, 2026 Paid
Dividend
0.25 USD
KKR Real Estate Finance Trust Inc.
Oct 15, 2025 Paid
Dividend
0.25 USD
KKR Real Estate Finance Trust Inc.
Jul 15, 2025 Paid
Dividend
0.25 USD

Historical Split Corporate Actions

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