A new trading day began on Friday, with KKR Real Estate Finance Trust Inc (NYSE: KREF) stock price up 1.24% from the previous day of trading, before settling in for the closing price of $10.48. KREF’s price has ranged from $8.71 to $13.19 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 26.94% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -192.84%. With a float of $57.85 million, this company’s outstanding shares have now reached $69.33 million.
In terms of profitability, gross margin is 89.98%, operating margin of 64.27%, and the pretax margin is 0.52%.
KKR Real Estate Finance Trust Inc (KREF) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Mortgage Industry. The insider ownership of KKR Real Estate Finance Trust Inc is 16.97%, while institutional ownership is 60.58%. The most recent insider transaction that took place on Feb 08 ’24, was worth 97,200. In this transaction President and COO of this company bought 10,000 shares at a rate of $9.72, taking the stock ownership to the 308,446 shares. Before that another transaction happened on Feb 08 ’24, when Company’s Chief Executive Officer bought 26,000 for $9.72, making the entire transaction worth $252,834. This insider now owns 460,309 shares in total.
KKR Real Estate Finance Trust Inc (KREF) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -192.84% per share during the next fiscal year.
KKR Real Estate Finance Trust Inc (NYSE: KREF) Trading Performance Indicators
Here are KKR Real Estate Finance Trust Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.17. Likewise, its price to free cash flow for the trailing twelve months is 4.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 1.10 in one year’s time.
Technical Analysis of KKR Real Estate Finance Trust Inc (KREF)
Let’s dig in a bit further. During the last 5-days, its volume was 0.38 million. That was inferior than the volume of 0.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.36%. Additionally, its Average True Range was 0.26.
During the past 100 days, KKR Real Estate Finance Trust Inc’s (KREF) raw stochastic average was set at 27.78%, which indicates a significant decrease from 96.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.13% in the past 14 days, which was lower than the 23.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.04, while its 200-day Moving Average is $10.72. However, in the short run, KKR Real Estate Finance Trust Inc’s stock first resistance to watch stands at $10.68. Second resistance stands at $10.74. The third major resistance level sits at $10.85. If the price goes on to break the first support level at $10.51, it is likely to go to the next support level at $10.40. The third support level lies at $10.34 if the price breaches the second support level.
KKR Real Estate Finance Trust Inc (NYSE: KREF) Key Stats
With a market capitalization of 739.25 million, the company has a total of 69,573K Shares Outstanding. Currently, annual sales are 202,810 K while annual income is -30,850 K. The company’s previous quarter sales were 47,020 K while its latest quarter income was -7,390 K.
