With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $12.95 whereas the lowest price it dropped to was $12.715. The 52-week range on KREF shows that it touched its highest point at $14.12 and its lowest point at $8.71 during that stretch. It currently has a 1-year price target of $12.83. With its current market cap of 892.87 million, KREF has annualized dividend of $1.36 while the current yield stands at 10.58%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KREF was up-trending over the past week, with a rise of 5.58%, but this was up by 13.30% over a month. Three-month performance surged to 37.25% while six-month performance rose 27.08%. The stock gained 1.26% in the past year, while it has lost -2.80% so far this year. A look at the trailing 12-month EPS for KREF yields 0.20 with Next year EPS estimates of 1.29. For the next quarter, that number is 0.34. This implies an EPS growth rate of -181.33% for this year and 291.41% for next year.
Float and Shares Shorts:
At present, 69.31 million KREF shares are outstanding with a float of 58.19 million shares on hand for trading. On 2024-08-30, short shares totaled 1.23 million, which was 178.0 higher than short shares on 1722384000. In addition to Mr. Matthew A. Salem as the firm’s CEO & Director, Mr. W. Patrick Mattson C.F.A. serves as its COO & President.
Institutional Ownership:
Through their ownership of 0.74036 of KREF’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KREF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
