KREF Stock Summary and Trading Ideas (KKR Real Estate Finance Trust | NYSE:KREF)

KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.

KKR Real Estate Finance Trust trades on the NYSE stock market under the symbol KREF.

As of April 19, 2024, KREF stock price climbed to $9.76 with 381,791 million shares trading.

KREF has a beta of 1.59, meaning it tends to be more sensitive to market movements. KREF has a correlation of 0.24 to the broad based SPY ETF.

KREF has a market cap of $676.50 million. This is considered a Small Cap stock.

Last quarter KKR Real Estate Finance Trust reported $46 million in Revenue and -$.37 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.48.

In the last 3 years, KREF stock traded as high as $23.42 and as low as $9.09.

The top ETF exchange traded funds that KREF belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.

KREF has underperformed the market in the last year with a return of -0.5%, while the SPY ETF gained +21.2%. In the last 3 month period, KREF fell short of the market, returning -19.3%, while SPY returned +4.3%. However, in the most recent 2 weeks KREF has outperformed the stock market by returning -0.1%, while SPY returned -3.5%.

KREF support price is $9.40 and resistance is $9.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KREF stock will trade within this expected range on the day.