KREF

KKR Real Estate Finance Trust Inc

KREF.US kkrreit.com
7.12
-0.25 (-3.39%)
USD · NYSE
52-week range
5.18
8.71
Trading at 55% of the 52-week range
Market Cap
479.68M
P/E Ratio
0.00
Forward P/E
11.67
Book Value
10.47
Div. Yield
11.11%
% Institutions
90.63%
% Insiders
8.08%

1 Year

-18.7%

3 Year

-21.5%

10 Year

-19.3%
Description

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.

Company Information

Company Name
KKR Real Estate Finance Trust Inc
Sector
Real Estate
Industry
REIT - Mortgage
Exchange
NYSE
ISIN: US48251K1007
CIK: 0001631596
CUSIP: 48251K100
Currency: USD
Full Time Employees: 0
Phone: 212 750 8300
Website: kkrreit.com
Fiscal Year End: December
IPO Date: May 05, 2017
Description:

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.

Address:

30 Hudson Yards, New York, NY, United States, 10001

People

Directors & Officers

Name Title Year Born
Mr. Matthew A. Salem CEO & Director 1974
Mr. W. Patrick Mattson COO, President & Secretary 1974
Ms. Kendra L. Decious CFO & Treasurer 1965
Mr. Jack Switala Director of Investor Relations NA
Mr. Joel Traut Partner & Global Head of Direct Lending for Real Estate Credit NA
Mr. Paul Fine MD & Head of U.S. Originations for Real Estate Credit NA
Mr. Andrew Palmieri Principal of Real Estate NA
Mr. Ali Imraan MD & Head of European Originations NA
Mr. Adam Simon Managing Director of Real Estate NA
Ms. Rachel Hunter-Goldman Managing Director of Real Estate NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 03, 2025 Ralph F Rosenberg N/A Sale 125.29K $8.25 $1.03M
Nov 07, 2025 Christen E.J. Lee N/A Purchase 10.00K $7.80 $78.00K
Nov 06, 2025 Matthew A Salem N/A Purchase 32.00K $7.84 $250.88K
Nov 06, 2025 W Patrick Mattson N/A Purchase 13.00K $7.91 $102.83K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Kohlberg Kravis Roberts & Co LP 10.00M Mar 31, 2026 17.07% $1.14 0.00%
Long Pond Capital, LP 5.81M Jun 30, 2026 9.92% $3.82 1.39%
BlackRock Inc 5.53M Mar 31, 2026 9.45% $0.00 -39.95%
Nomura Holdings Inc 2.70M Jun 30, 2026 4.62% $0.02 -5.95%
Vanguard Capital Management, LLC 2.33M Mar 31, 2026 3.97% $0.00 0.00%
Conversant Capital LLC 1.47M Mar 31, 2026 2.51% $1.21 0.00%
Geode Capital Management, LLC 1.33M Mar 31, 2026 2.26% $0.00 -0.60%
State Street Corp 1.28M Mar 31, 2026 2.18% $0.00 -41.14%
Nokomis Capital LLC 1.12M Mar 31, 2026 1.91% $1.97 2.56%
Charles Schwab Investment Management Inc 1.03M Mar 31, 2026 1.76% $0.00 3.03%
Millennium Management LLC 969.95K Jun 30, 2026 1.66% $0.00 -34.38%
Two Sigma Investments LLC 942.20K Mar 31, 2026 1.61% $0.00 -6.27%
Citadel Advisors Llc 915.24K Mar 31, 2026 1.56% $0.00 94.17%
Morgan Stanley - Brokerage Accounts 752.05K Mar 31, 2026 1.28% $0.00 18.47%
Point72 Asset Management, L.P. 699.22K Mar 31, 2026 1.19% $0.01 0.00%
The Goldman Sachs Group Inc 640.76K Mar 31, 2026 1.09% $0.00 50.11%
NORGES BANK 635.00K Jun 30, 2026 1.08% $0.00 0.00%
Northern Trust Corp 515.04K Mar 31, 2026 0.88% $0.00 -2.25%
Van Eck Associates Corporation 467.81K Mar 31, 2026 0.80% $0.00 8.20%
Qube Research & Technologies 440.26K Mar 31, 2026 0.75% $0.00 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 1.62M 2.77% ▲ 0.00% Jul 31, 2026
2 iShares Russell 2000 ETF 1.35M 2.31% ▼ 0.57% Aug 31, 2026
3 iShares Mortgage Real Estate Capped ETF 672.77K 1.15% ▲ 0.00% Aug 31, 2026
4 Vanguard Institutional Extnd Mkt Idx Tr 609.26K 1.04% ▲ 0.37% Jul 31, 2026
5 Fidelity Small Cap Index 600.94K 1.03% ▲ 5.09% Jun 30, 2026
6 VanEck Mortgage REIT Income ETF 517.90K 0.88% ▲ 0.00% Aug 29, 2026
7 iShares Russell 2000 Value ETF 505.21K 0.86% ▲ 6.70% Aug 31, 2026
8 Schwab Fundamental U.S. Small CompanyETF 438.17K 0.75% ▲ 0.00% Aug 29, 2026
9 Fidelity Extended Market Index 371.57K 0.63% ▲ 34.08% Jul 31, 2026
10 State St Russell Sm/Mid Cp® Indx SL Cl I 352.95K 0.60% ▲ 0.00% Jul 31, 2026

Financial Highlights

Market Cap: $479.68M
PEG Ratio: $5.13
Book Value: $10.47
Dividend/Share: $0.85
Dividend Yield: 11.11%
Earnings/Share: $-3.26
Profit Margin: 0.00%
Operating Margin: 135.83%
ROA (TTM): -2.83%
ROE (TTM): -16.52%
Revenue (TTM): $-72.42M
Revenue/Share (TTM): $-1.12
Earnings Growth (YOY): -64.10%
Revenue Growth (YOY): 245.10%

Valuation Metrics

Enterprise Value: $5.05B
Trailing P/E: 0.00
Forward P/E: 11.67

Shares Statistics

Shares Outstanding: 64.30M
Shares Float: 41.38M
% Insiders: 8.08%
% Institutions: 90.63%
Short % Float: 12.34%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$457.96M
Cost of Goods Sold
adjust
$-53.56M
Gross Profit
subtotal
$404.40M
SG&A
adjust
$-32.81M
Other Operating Expense
adjust
$-99.95M
Operating Income
subtotal
$271.64M
Other / Non-Operating Items
adjust
$-318.69M
Net Income
subtotal
$-47.05M

Earnings Per Share (EPS) History

Financial Ratios

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