KKR Real Estate Finance Trust (KREF) Getting Positive News Coverage, Study Shows

News stories about KKR Real Estate Finance Trust (NYSE:KREF) have been trending positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KKR Real Estate Finance Trust earned a news impact score of 0.29 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.5503262180453 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

KREF has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of KKR Real Estate Finance Trust from a “sell” rating to a “hold” rating in a research report on Saturday, September 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $22.00 price objective on shares of KKR Real Estate Finance Trust in a research report on Friday, November 10th.

KKR Real Estate Finance Trust (NYSE:KREF) traded down $0.13 during midday trading on Friday, reaching $20.60. 22,186 shares of the company’s stock traded hands, compared to its average volume of 71,699. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1,736.11 and a current ratio of 1,736.11. KKR Real Estate Finance Trust has a 12-month low of $19.57 and a 12-month high of $23.99.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend is Thursday, December 28th.

In related news, CEO Christen E.J. Lee purchased 12,000 shares of the stock in a transaction dated Tuesday, November 14th. The shares were acquired at an average cost of $19.99 per share, for a total transaction of $239,880.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

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KKR Real Estate Finance Trust Company Profile

KKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets (CRE). KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit and hedge funds.

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