|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||18.42 - 18.70|
|52 Week Range||6.84 - 22.03|
|Beta (5Y Monthly)||0.70|
|PE Ratio (TTM)||21.13|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||1.72 (9.56%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||18.67|
KKR Real Estate Finance Trust Inc. ("KREF") (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer and Patrick Mattson, President and Chief Operating Officer, will present at the Nareit REITworld 2020 Annual Conference on Wednesday, November 18, 2020 at 9:30 AM ET.
KKR Real Estate (KREF) delivered earnings and revenue surprises of 26.09% and 7.09%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of KKR Real Estate Finance (NYSE:KREF) were unchanged in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share were up 34.88% year over year to $0.58, which beat the estimate of $0.44.Revenue of $38,857,000 higher by 35.74% year over year, which beat the estimate of $34,860,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.View more earnings on KREFKKR Real Estate Finance hasn't issued any revenue guidance for the time being.Price Action Company's 52-week high was at $22.03Company's 52-week low was at $6.84Price action over last quarter: down 1.19%Company Overview KKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by CRE assets. Its investment strategy 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 strong underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit, and hedge funds. The company investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For October 26, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.