KREF is a real estate finance company that focuses primarily on originating and acquirin g transitional senior loans secured by institutional-quality commercial real estate ("CRE") properties that are owned and operated by experienced and well-capitalized sponsors and located in top markets with strong underlying fundamentals. Our target assets also include mezzanine loans, preferre…
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue
N/A
Net Income (TTM)
-$200M
▼ -232.2% YoY
Op. Margin
–
ROIC
–
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$47M
▼ -45.5% YoY
Net Debt
$2.86B
Cash & Equiv.
$166M
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Peers
Real Estate Investment Trusts · Pick stocks to compare with KREF
Held by ETFs
KREF is in 15 US ETFs. The largest of them, with KREF's weight in each:
iShares Russell 2000 Value ETFIWN0.02%of the fund
Vanguard Financials Index Fund ETF SharesVFH0.00%of the fund
iShares Preferred and Income Securities ETFPFF0.12%of the fund
Schwab Fundamental U.S. Small Company ETFFNDA0.03%of the fund
Fidelity Enhanced Small Cap ETFFESM0.02%of the fund
Invesco RAFI US 1500 Small-Mid ETFPRFZ0.03%of the fund
KKR Real Estate Finance Trust (KREF) in four numbers
Questions about KKR Real Estate Finance Trust
Is KKR Real Estate Finance Trust (KREF) overvalued?
At $5.29, KKR Real Estate Finance Trust's price is 38% below the $8.57 a share fair value that Intrinsiqq's calculator gets from its dividends. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.
What is KKR Real Estate Finance Trust's fair value?
Intrinsiqq's calculator puts KKR Real Estate Finance Trust's fair value at $8.57 a share. It grows dividend per share 0% a year for 5 years, ends at a 10% dividend yield, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $6.43. Every input can be changed on the Intrinsic Value tab.
Is KKR Real Estate Finance Trust a high-quality business?
KKR Real Estate Finance Trust scores 10 out of 100 on Intrinsiqq's quality score, which makes it a lower-quality business on these measures. The score blends 3 checks computed from SEC filings. Its best check is share count change at -14.7%, and its weakest is interest coverage at 0.3x. The Quality tab shows every check against its target.
Does KKR Real Estate Finance Trust (KREF) pay a dividend, and how much?
Yes. KKR Real Estate Finance Trust (KREF) pays a dividend: $0.86 per share over the last twelve months, a dividend yield of 17.92% at the latest close. Its dividend per share has shrunk at 10.3% a year over the last 5 years. The Dividends tab has the full payment history and the safety score.
Source: 10-Q filed 26 Oct 2026 (period ending 30 Sept 2026), SEC. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.
Spot a number that looks wrong? Check it in KREF's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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