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Company Analysis

KKR Real Estate Finance Trust I KREF

A comprehensive view of key metrics, scores, and financial health for KKR Real Estate Finance Trust I

Overview of KKR Real Estate Finance Trust Inc.

KREF NYQ
Real Estate REIT - Mortgage Small Cap
KKR Real Estate Finance Trust Inc. (KREF), is a Small Cap company, in the REIT - Mortgage industry, last closed at $6.25, about 0.0% overvalued vs fair value, -32.4% 1Y return, ranked 301/330 in sector.
Metrics Rev Growth -27.2% ROE -3.7% Div Yield 16.38%
$6.25
6.29%
As of April 28, 2026
Previous close • Vol 90d: 37.2%
52-Week Range
Market Cap
$401.90M
Enterprise Value
$4.45B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Fair
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 88%
Updated: Mar 8
Top Beats
No strong beats yet

Quick Facts

Website https://www.kkrreit.com
HQ New York, NY
Fiscal year Dec 31

Next Events

Dividend Apr 15 Ex-div: Mar 31
Earnings Apr 22 Estimated

Fair Value Snapshot

Bear Base Bull
$0
$0
$0
Current: $6.25

Engine Room Money Flow™

Small Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$113.0M
-27.2%%
Net Operating Income
$271.6M
-39.1%%
Net Income
$-69.9M
-232.2%%
FFO (Funds From Operations)
$-66.1M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

NOI Margin
240.4%
Excellent

Operating Income / Revenue - property efficiency

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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
4
Active Leaks
1/4
Improving
0
High Impact
3
Critical
Locked Leak
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Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating KKR Real Estate Finance Trust I's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
61
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Strong
75
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 88% Coverage
Trade-Off Triangle Visualization A ternary plot showing KREF's balance between Growth (22.3%), Profitability (34.7%), and Safety (43.0%). Growth 22% Safety 43% Profitability 35%

Click axes to expand details. Marker shows current allocation.

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Growth

17th percentile vs peers
17
Key Signals
Rev Growth YoY -27.2% 21p TSR -5.3% 50p Revenue CAGR 3Y -13.5% 23p FFO/Share -93.1% 15p AFFO/Share -1.02 12p
Strengths

No notable strengths identified for this axis.

Risks
  • Growth in bottom 20% of peers (percentile: 17)
  • FFO Growth YoY in bottom 20% of peers (-5.66)

Profitability

26th percentile vs peers
27
Key Signals
Strengths
Risks
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Safety

33th percentile vs peers
33
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for KKR Real Estate Finance Trust I.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Snapshot base estimate
Bull
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Fair Value Range Current: $-
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