In the past week, KREF stock has gone up by 13.70%, with a monthly gain of 20.22% and a quarterly surge of 14.97%. The volatility ratio for the week is 2.45%, and the volatility levels for the last 30 days are 2.16% for KKR Real Estate Finance Trust Inc The simple moving average for the last 20 days is 19.50% for KREF’s stock, with a simple moving average of 5.50% for the last 200 days.
Is It Worth Investing in KKR Real Estate Finance Trust Inc (NYSE: KREF) Right Now?
The price-to-earnings ratio for KKR Real Estate Finance Trust Inc (NYSE: KREF) is 55.27x, which is above its average ratio. Moreover, the 36-month beta value for KREF is 1.03. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for KREF is 58.17M and currently, short sellers hold a 2.63% of that float. On July 23, 2024, KREF’s average trading volume was 456.90K shares.
KREF) stock’s latest price update
KKR Real Estate Finance Trust Inc (NYSE: KREF) has experienced a rise in its stock price by 12.24 compared to its previous closing price of 10.09. However, the company has seen a gain of 13.70% in its stock price over the last five trading days. zacks.com reported 2024-07-22 that KKR Real Estate Finance (KREF) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.48 per share a year ago.
Analysts’ Opinion of KREF
Many brokerage firms have already submitted their reports for KREF stocks, with BTIG Research repeating the rating for KREF by listing it as a “Buy.” The predicted price for KREF in the upcoming period, according to BTIG Research is $11.50 based on the research report published on July 19, 2024 of the current year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see KREF reach a price target of $12. The rating they have provided for KREF stocks is “Buy” according to the report published on April 25th, 2023.
JMP Securities gave a rating of “Mkt Outperform” to KREF, setting the target price at $21.50 in the report published on April 28th of the previous year.
KREF Trading at 19.45% from the 50-Day Moving Average
After a stumble in the market that brought KREF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.79% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +19.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.08% upper at present.
During the last 5 trading sessions, KREF rose by +13.55%, which changed the moving average for the period of 200-days by +4.14% in comparison to the 20-day moving average, which settled at $9.57. In addition, KKR Real Estate Finance Trust Inc saw -14.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KREF starting from Salem Matthew A, who purchase 26,000 shares at the price of $9.72 back on Feb 08 ’24. After this action, Salem Matthew A now owns 460,309 shares of KKR Real Estate Finance Trust Inc, valued at $252,834 using the latest closing price.
Mattson W Patrick, the President and COO of KKR Real Estate Finance Trust Inc, purchase 10,000 shares at $9.72 during a trade that took place back on Feb 08 ’24, which means that Mattson W Patrick is holding 308,446 shares at $97,200 based on the most recent closing price.
Stock Fundamentals for KREF
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 0.89 for the gross margin
The net margin for KKR Real Estate Finance Trust Inc stands at 0.09. The total capital return value is set at 0.02. Equity return is now at value 2.49, with 0.48 for asset returns.
Currently, EBITDA for the company is -52.15 million with net debt to EBITDA at -0.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 7.83for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To wrap up, the performance of KKR Real Estate Finance Trust Inc (KREF) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
