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KKR Real Estate Finance Trust Inc. (KREF)

Real Estate | REIT - Mortgage | New York, United States | NYSE
5.99 USD +0.02 (0.251%) ⇧ (Oct. 16, 2026, 12:13 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 4:32 a.m. EDT

The long-term outlook is dire due to a brutal eight-year decline where the stock has lost over 60% of its value, driven by six consecutive years of negative annual returns. Despite a recent single-year dip, the cumulative destruction of shareholder value and negative earnings metrics paint a picture of a fundamentally broken mortgage REIT. The 6.28% dividend yield is a trap; it is being funded by a payout ratio of 625%, meaning the company is distributing nearly seven times its earnings, which is mathematically unsustainable and likely eroding book value. While the short-term chart shows some minor stabilization near the 5.97 price level, the heavy put option positioning suggests smart money is preparing for further capitulation rather than a bounce. Investors should avoid this security entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.042453
MSTL0.043731
AutoTheta0.044693
AutoARIMA0.086149

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 39%
H-stat 6.34
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.60
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-09-29
Debt to Equity Ratio 435.784
Revenue per Share -1.121
Market Cap 350,589,024
Forward P/E -81.62
Beta 0.93
Website https://www.kkrreit.com

As of Oct. 10, 2026, 4:32 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in deep out-of-the-money puts (strikes 2.5 and 10.0) expiring in early 2027. This creates a 'pin risk' zone around the current price, suggesting a high probability of a gap down to test the 2.5 strike level. Conversely, call activity is negligible and concentrated far out-of-the-money, indicating a lack of speculative capital willing to bet on a recovery.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.61% 10.20% 10.37% 10.91%
Dividend History
Date Dividend Yield %
2026-09-30 0.100 1.610306
2026-06-30 0.100 1.461988
2026-03-31 0.250 4.084967
2025-12-31 0.250 3.041362
2025-09-30 0.250 2.777778
2025-06-30 0.250 2.850627
2025-03-31 0.250 2.314815
2024-12-31 0.250 2.475247
2024-09-30 0.250 2.024291
2024-06-28 0.250 2.762431
2024-03-27 0.250 2.510040
2023-12-28 0.430 3.187546
2023-09-28 0.430 3.640982
2023-06-29 0.430 3.553719
2023-03-30 0.430 3.873874
2022-12-29 0.430 3.109183
2022-09-29 0.430 2.664188
2022-06-29 0.430 2.464183
2022-03-30 0.430 2.096538
2021-12-30 0.430 2.064330
2021-09-29 0.430 2.014995
2021-06-29 0.430 1.994434
2021-05-27 0.266 1.253534
2021-03-30 0.430 2.304394
2020-12-30 0.430 2.407615
2020-09-29 0.430 2.599758
2020-06-29 0.430 2.590361
2020-03-30 0.430 2.945205
2019-12-30 0.430 2.103718
2019-09-27 0.430 2.205128
2019-06-27 0.430 2.171717
2019-03-28 0.430 2.150000
2018-12-27 0.430 2.256034
2018-09-27 0.430 2.152152
2018-06-28 0.430 2.172814
2018-03-28 0.400 1.976285
2017-12-28 0.370 1.829871
2017-09-28 0.370 1.762744
2017-06-28 0.250 1.148369
Additional Data
dividendRate 0.4
dividendYield 6.7
exDividendDate 2026-09-30
trailingAnnualDividendRate 0.85
trailingAnnualDividendYield 0.14237857
lastDividendValue 0.1
lastDividendDate 2026-09-30
dividendDate 2026-10-15

Info Dump

Attribute Value
52 Week Change -0.30822712
Address1 30 Hudson Yards
Address2 Suite 7500
All Time High 23.99
All Time Low 5.25
Ask 5.98
Ask Size 1,600
Audit Risk 5
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 913,250
Average Daily Volume3 Month 952,393
Average Volume 952,393
Average Volume10Days 913,250
Beta 0.928
Bid 5.97
Bid Size 1,200
Board Risk 8
Book Value 10.474
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.985
Current Ratio 4.385
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 6.035
Day Low 5.88
Debt To Equity 435.784
Display Name KKR Real Estate Finance Trust
Dividend Date 1,792,022,400
Dividend Rate 0.4
Dividend Yield 6.7
Earnings Call Timestamp End 1,793,286,000
Earnings Call Timestamp Start 1,793,286,000
Earnings Timestamp 1,793,217,600
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda Margins 0.0
Enterprise To Revenue -68.459
Enterprise Value 4,957,978,112
Eps Current Year -0.7025
Eps Forward -0.07333
Eps Trailing Twelve Months -3.26
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.9622
Fifty Day Average Change -0.97720003
Fifty Day Average Change Percent -0.14035794
Fifty Two Week Change Percent -30.822712
Fifty Two Week High 9.105
Fifty Two Week High Change -3.1199994
Fifty Two Week High Change Percent -0.3426688
Fifty Two Week Low 5.25
Fifty Two Week Low Change 0.73500013
Fifty Two Week Low Change Percent 0.14000003
Fifty Two Week Range 5.25 - 9.105
Financial Currency USD
First Trade Date Milliseconds 1,493,991,000,000
Five Year Avg Dividend Yield 11.4
Float Shares 41,357,789
Forward Eps -0.07333
Forward P E -81.61735
Full Exchange Name NYSE
Fullday Change 0.015000343
Fullday Change Percent 0.25126204
Fullday Price 5.985
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.0
Gross Profits -102,974,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0806
Held Percent Institutions 0.90793
Implied Shares Outstanding 58,577,948
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,726,400
Last Dividend Value 0.1
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name KKR Real Estate Finance Trust Inc.
Market us_market
Market Cap 350,589,024
Market State REGULAR
Max Age 86,400
Message Board Id finmb_283154866
Most Recent Quarter 1,782,777,600
Net Income To Common -207,584,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 354,982,364
Number Of Analyst Opinions 4
Open 5.91
Operating Cashflow 63,004,000
Operating Margins 1.3582699
Overall Risk 7
Payout Ratio 6.25
Phone 212 750 8300
Previous Close 5.97
Price Eps Current Year -8.519573
Price Hint 2
Price To Book 0.57141495
Price To Sales Trailing12 Months -4.840852
Profit Margins 0.0
Quick Ratio 3.952
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.5
Region US
Regular Market Change 0.015000343
Regular Market Change Percent 0.25126204
Regular Market Day High 6.035
Regular Market Day Low 5.88
Regular Market Day Range 5.88 - 6.035
Regular Market Open 5.91
Regular Market Previous Close 5.97
Regular Market Price 5.985
Regular Market Time 1,792,167,215
Regular Market Volume 263,512
Return On Assets -0.02834
Return On Equity -0.16524
Revenue Per Share -1.121
Sand P52 Week Change 0.16207206
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 9
Shares Outstanding 58,577,948
Shares Percent Shares Out 0.1026
Shares Short 6,008,738
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 5,992,039
Short Name KKR Real Estate Finance Trust I
Short Percent Of Float 0.1587
Short Ratio 6.95
Source Interval 15
State NY
Symbol KREF
Target High Price 9.5
Target Low Price 6.5
Target Mean Price 7.625
Target Median Price 7.25
Total Cash 84,061,000
Total Cash Per Share 1.435
Total Debt 4,315,566,080
Total Revenue -72,423,000
Tradeable 0
Trailing Annual Dividend Rate 0.85
Trailing Annual Dividend Yield 0.14237857
Trailing Eps -3.26
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.01065
Two Hundred Day Average Change -1.02565
Two Hundred Day Average Change Percent -0.14629884
Type Disp Equity
Volume 263,512
Website https://www.kkrreit.com
Zip 10,001