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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›KREF

KREF

KKR Real Estate Finance Trust Inc.

Next earnings Jul 20, 2026 · consensus $-0.61 EPS, $21.2M rev

Last earnings +0.1% on 2026-04-22

Sell
$7.17
▲ +2.43%
$7.17▼ -11.85%
over 1Y
L $5.86EODHDH $8.95
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.4%
1W+2.7%
1M+7.7%
3M+22.4%
YTD-9.8%
1Y-11.8%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Sell
Quality
F
Valuation
Fair value
Filings
Watch
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 12 analysts
Buy

Mixed signals in the latest filings.

KKR Real Estate Finance Trust Inc. shows limited reported revenue, and -4.0% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—————
Gross profit—————
Operating income—————
Net income$137M$38.1M-$30.9M$35.6M-$47.1M
Diluted EPS$2.21$0.23-$0.78$0.19-$1.05
Net margin—————

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-10.2%
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt$6.22B
Net cash-$6.14B
Piotroski F-Score3/6

Capital returns

Buyback yield9.4%
Dividend yield (est.)14.5%
Shareholder yield23.9%
Shares Δ YoY-6.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Earnings results2026-04-22
  2. 10-Q Quarterly report2026-04-22
  3. 8-K Shareholder vote2026-04-16
  4. DEF 14A Proxy statement2026-03-03
  5. 8-K Earnings results2026-02-03
  6. 10-K Annual report2026-02-03
  7. 8-K Officer / director change2026-01-09
  8. 8-K Earnings results2025-10-21
  9. 10-Q Quarterly report2025-10-21

Recent filings

all on EDGAR ↗
SCHEDULE 13GFiling2026-05-14open ↗4Period ending 2026-04-242026-04-27open ↗4Period ending 2026-04-242026-04-27open ↗40-APP/AFiling2026-04-27open ↗10-QPeriod ending 2026-03-312026-04-22open ↗8-KPeriod ending 2026-04-222026-04-22open ↗4Period ending 2026-04-142026-04-16open ↗4Period ending 2026-04-142026-04-16open ↗4Period ending 2026-04-142026-04-16open ↗4Period ending 2026-04-142026-04-16open ↗4Period ending 2026-04-142026-04-16open ↗8-KPeriod ending 2026-04-142026-04-16open ↗

Quality score

F
ValueGrowthProfitHealthMom.
Value—
GrowthF
ProfitabilityF
Financial healthC
Momentum—
  • ✗Profitable (positive net income)
  • ✗Return on equity above 15%
Revenue
—
Net margin
—
ROE
-4.0%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income-$47.1M-232.2%
Diluted EPS-$1.05-652.6%
Cash & equivalents$84.6M-19.4%
Total assets$6.46B+1.8%
Total liabilities$5.24B+5.8%
Stockholders' equity$1.17B-12.8%
L/E: 4.47x

Frequently asked

Is KKR Real Estate Finance Trust Inc. (KREF) a buy?
KREF currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is KKR Real Estate Finance Trust Inc.'s quality score?
KREF scores 32.07692307692308/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001631596, latest 10-Q filed 2026-04-22) · EODHD · as of 6/26/2026, 6:01:44 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 2 open-market buys · 0 sales

2026-04-24
Salem Matthew A
Chief Executive Officer
Buy60.0K @ $6.04$362K
2026-04-24
Mattson W Patrick
President, COO and Secretary
Buy40.0K @ $6.03$241K
2026-04-14
ESTEVES IRENE M
Director
Award16.7K
2026-04-14
Langer Jonathan A
Director
Award16.7K
2026-04-14
MCANENY DEBORAH H
Director
Award16.7K
2026-04-14
Madoff Paula
Director
Award16.7K
2026-04-14
AHERN TERRANCE R
Director
Award16.7K
2025-11-03
Langer Jonathan A
Director
Disposed (J)14.1K

Dividends

Quarterly
Yield (TTM)
15.3%
Annual / share
$1.10
Last ex-date
2026-06-30
Last amount
$0.10
ex 2026-06-30paid 2026-07-15$0.10
ex 2026-03-31paid 2026-04-15$0.25
ex 2025-12-31paid 2026-01-15$0.25
ex 2025-09-30paid 2025-10-15$0.25
ex 2025-06-30paid 2025-07-15$0.25
ex 2025-03-31paid 2025-04-15$0.25

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-04-22Miss -152.5% est▲ +0.15%8-K ↗
2026-02-03Beat +43.8% est▼ -1.57%8-K ↗
2025-10-21Miss -129.4% est▲ +1.52%8-K ↗
2025-07-22Beat +49.7% est▲ +1.91%8-K ↗
2025-04-23—▲ 0.00%8-K ↗
2025-02-03—▲ +0.70%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Ready Capital, Gemini Space Station among financial stocks set to join Russell Microcap; Dave, SelectQuote to exitBullish
seekingalpha.com· 2026-05-25
How The Story Is Shifting For KKR Real Estate Finance Trust (KREF) After Target CutsBullish
finance.yahoo.com· 2026-05-16
Real estate stocks underperform as earnings season picks up steamBullish
seekingalpha.com· 2026-04-25
KREF Q1 2026 Earnings Call TranscriptBullish
nasdaq.com· 2026-04-24
KREF outlines plan to cut legacy office exposure to under 10% and authorizes $75M buyback amid dividend resetBullish
seekingalpha.com· 2026-04-24
KREF Q1 2025 Earnings Call TranscriptBullish
finance.yahoo.com· 2026-04-22

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score32 vs 67
Revenue growth— vs 7.1%
Net margin— vs 10.5%
Return on equity-4.0% vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 2d
Bullish
+0.15
vs typical · 2 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.