Stocks Real estate KREF
NYSE · Real estateKKR Real Estate Finance Trust Inc. (KREF)
It posted a net loss of $199.7M. At September 30, 2026 it held $165.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about KKR Real Estate Finance Trust Inc.
- Net worth
- KKR Real Estate Finance Trust Inc. has a market value (market cap) of $315.4M at the latest share price, and shareholders' equity of $910.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $72.3M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- KKR Real Estate Finance Trust Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- KKR Real Estate Finance Trust Inc. declared dividends of $1.00 per share in fiscal 2025, a yield of 18.57% at the current price.
What KKR Real Estate Finance Trust Inc. does
KKR Real Estate Finance Trust Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker KREF.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | -$47.1M | -$1.05 | n/a |
| 2024 | n/a | $35.6M | $0.19 | n/a |
| 2023 | n/a | -$30.9M | -$0.78 | n/a |
| 2022 | n/a | $38.1M | $0.23 | n/a |
| 2021 | n/a | $137.2M | $2.21 | n/a |
| 2020 | n/a | $54.4M | $0.96 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
KKR Real Estate Finance Trust Inc. declared $1.00 per share in fiscal 2025. At the current price that is a yield of 18.57%. It paid out $66.9M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.00 | $66.9M | n/a |
| 2024 | $1.00 | $81.8M | 230% |
| 2023 | $1.72 | $118.9M | n/a |
| 2022 | $1.72 | $115.4M | 303% |
| 2021 | $1.72 | $95.7M | 70% |
| 2020 | $1.72 | $96.5M | 177% |
Latest SEC filings
What KKR Real Estate Finance Trust Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 28, 2026
- October 28, 2026
- October 19, 2026Passive stake changed SCHEDULE 13G/A
- August 17, 2026Passive stake (5% or more) SCHEDULE 13G
- July 21, 2026
- July 21, 2026
- May 14, 2026Passive stake (5% or more) SCHEDULE 13G
- April 27, 2026Form 40-APP/A filing 40-APP/A
- April 22, 2026
- April 22, 2026
Insider trades
What the people running KKR Real Estate Finance Trust Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Lee Christen E.J.Director | Shares withheld for tax | 3,358 | $20.9K |
| October 1, 2026 | Decious KendraCFO and Treasurer | Shares withheld for tax | 9,672 | $60.1K |
| April 24, 2026 | Mattson W PatrickPresident, COO and Secretary | Bought | 40,000 | $241.1K |
| April 24, 2026 | Salem Matthew AChief Executive Officer, Director | Bought | 60,000 | $362.5K |
| April 14, 2026 | Ahern Terrance RDirector | Received as pay | 16,691 | - |
| April 14, 2026 | Madoff PaulaDirector | Received as pay | 16,691 | - |
| April 14, 2026 | Mcaneny Deborah HDirector | Received as pay | 16,691 | - |
| April 14, 2026 | Langer Jonathan ADirector | Received as pay | 16,691 | - |
Who owns KREF
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Long Pond Capital, LP13G, passive with 2 related filers | 8.92% | May 14, 2026 |
| Terra Capital Partners, LLC13G, passive with 7 related filers | 8% | October 19, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 154 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Kohlberg Kravis Roberts & Co. L.P. | 10,000,001 | 0 |
| BlackRock, Inc. | 5,898,946 | +365,925 |
| Long Pond Capital, LP | 5,813,201 | +79,688 |
| UBS Group AG | 3,641,056 | +3,397,148 |
| Nomura Holdings Inc | 2,704,317 | -170,980 |
| Vanguard Capital Management LLC | 2,284,174 | -42,834 |
| Dimension Capital Management LLC | 1,588,196 | new |
| Geode Capital Management, LLC | 1,409,981 | +84,600 |
| Morgan Stanley | 1,290,211 | +538,158 |
| State Street Corp | 1,180,293 | -98,059 |
| Millennium Management LLC | 969,954 | -508,197 |
| Charles Schwab Investment Management Inc | 958,932 | -74,367 |
| Aqr Capital Management LLC | 859,781 | +792,407 |
| Goldman Sachs Group Inc | 729,036 | +88,273 |
| Two Sigma Investments, LP | 643,206 | -298,995 |
| Norges Bank | 635,000 | new |
| Qube Research & Technologies Ltd | 601,842 | +161,578 |
| Northern Trust Corp | 598,251 | +83,210 |
| Jane Street Group, LLC | 585,212 | +286,178 |
| Wells Fargo & Company | 557,842 | +432,319 |
Insiders
10 insiders reported holding 1,872,295 shares in total, about $10.1M at the last price.
| Holder | Shares |
|---|---|
| Salem Matthew AChief Executive Officer, Director | 703,075 |
| Mattson W PatrickPresident, COO and Secretary | 500,287 |
| Lee Christen E.J.Director | 215,775 |
| Mcaneny Deborah HDirector | 80,099 |
| Ahern Terrance RDirector | 79,247 |
| Langer Jonathan ADirector | 73,513 |
| Decious KendraCFO and Treasurer | 70,569 |
| Madoff PaulaDirector | 70,182 |
| Esteves Irene MDirector | 69,968 |
| Galligan KellyGeneral Counsel and Secretary | 9,580 |
Questions about KREF
What does KKR Real Estate Finance Trust Inc. do?
KKR Real Estate Finance Trust Inc. is a company in the Real estate sector, listed on NYSE as KREF. Its shares trade on NYSE under the ticker KREF.
What is KKR Real Estate Finance Trust Inc.'s net worth?
KKR Real Estate Finance Trust Inc. has a market value (market cap) of $315.4M at the latest share price, and shareholders' equity of $910.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is KKR Real Estate Finance Trust Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $199.7M.
When did KKR Real Estate Finance Trust Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026.
When is KKR Real Estate Finance Trust Inc.'s next earnings report?
KKR Real Estate Finance Trust Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does KKR Real Estate Finance Trust Inc. pay a dividend?
Yes. KKR Real Estate Finance Trust Inc. declared dividends of $1.00 per share in fiscal 2025, a yield of 18.57% at the current price.
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Where the numbers come from
Financial figures are the values KKR Real Estate Finance Trust Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.