KREF Stock Intrinsic Value – Raymond James Financial Services Advisors Increases Stake in KKR Real Estate Finance Trust

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Raymond James Financial Services Advisors Inc. has increased its stock holdings in KKR ($NYSE:KREF) Real Estate Finance Trust Inc. (NYSE:KREF). KREF is a real estate finance firm that provides debt financing solutions to the commercial real estate industry. The company focuses on debt investments across the capital structure, including first mortgage loans, mezzanine loans, and preferred equity investments. It is externally managed by KKR & Co. Inc., a leading global investment firm with investments in a variety of industries, including energy, healthcare, financial services, and real estate. The increase in Raymond James’ holdings of KREF reinforces the firm’s commitment to providing long-term investors with a unique source of diversified exposure to the commercial real estate market. KREF has a proven track record of delivering attractive risk-adjusted returns through its diversified portfolio of investments in the commercial real estate market. The company’s experienced team of professionals utilizes its extensive market knowledge and deep industry relationships to identify attractive investments.

KREF’s portfolio is composed of senior secured first mortgage loans, mezzanine loans, preferred equity investments, and other debt investments across the capital structure. The firm focuses on making investments in the United States, though it may also invest in Canada, Europe and other markets. KREF has a strong balance sheet with a focus on liquidity, which enables it to pursue a range of transaction types and provides flexibility for potential future investments. Raymond James’ increased stake in KREF is a testament to the company’s strong performance and potential to generate attractive risk-adjusted returns. Given its long-term focus and track record of delivering solid performance, KREF is well-positioned for continued success in the commercial real estate market.

Share Price

The stock opened at $10.4 and closed at $10.4, down 0.2% from the previous closing price of 10.4. KREF invests in a diversified portfolio of commercial real estate debt and other real estate-related assets in the United States, Europe, and Asia Pacific. The company primarily targets middle-market loans, non-performing loans, mezzanine loans and preferred equity investments.

It also offers senior mortgage loans, first mortgage loans, subordinate debt investments, and mezzanine loans. The firm offers a wide array of investment products and services to individual investors and institutions alike. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for KREF. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for KREF. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for KREF. More…

Key Ratios Snapshot

Some of the financial key ratios for KREF are shown below. More…

Analysis – KREF Stock Intrinsic Value

At GoodWhale, we have conducted an analysis of KKR REAL ESTATE FINANCE TRUST’s financials and are confident that the fair value of its shares is around $16.8. This value has been calculated using our proprietary Valuation Line. At the current market price of $10.4, the stock is trading at a significant 37.9% discount. This presents a great opportunity to invest in this asset and benefit from the potential upside as the price moves closer to its fair value. More…

Peers

The Company’s competitors include TPG RE Finance Trust Inc, Angel Oak Mortgage Inc, and Granite Point Mortgage Trust Inc.

– TPG RE Finance Trust Inc ($NYSE:TRTX)

TPG RE Finance Trust Inc. is a commercial real estate finance company that focuses on originating and acquiring loans secured by first mortgage liens on commercial properties. The Company operates as a real estate investment trust for federal income tax purposes. TPG RE Finance Trust Inc. is headquartered in New York, New York.

– Angel Oak Mortgage Inc ($NYSE:AOMR)

As of 2022, Angel Oak Mortgage Inc has a market cap of 230.17M. The company is a mortgage lender that provides financing for residential and commercial properties.

– Granite Point Mortgage Trust Inc ($NYSE:GPMT)

Granite Point Mortgage Trust Inc. is a real estate investment trust, which focuses on originating, financing and managing senior floating rate commercial mortgage loans and other debt and equity investments. The company has a market cap of $350.75 million as of 2022. It operates through the following segments: Commercial Real Estate, Residential Real Estate and Corporate. The Commercial Real Estate segment includes loans secured by office, retail, hotel, industrial and other properties. The Residential Real Estate segment comprises loans secured by multifamily properties. The Corporate segment includes all other activities. Granite Point Mortgage Trust was founded on April 28, 2009 and is headquartered in New York, NY.

Summary

Raymond James Financial Services Advisors Inc. recently increased its holdings in KKR Real Estate Finance Trust Inc. (NYSE: KREF). This investment firm is a real estate finance company that focuses on originating and acquiring senior loans secured by commercial real estate assets. The analysts at Raymond James have noted that the stock is attractively valued and provides an attractive yield within a sector that has had strong performance. They believe that the company has potential growth opportunities in the future and could be a profitable investment.

The analysts have also noted that KREF has a strong management team and an excellent underwriting track record. They recommend that investors consider KREF as a potential long-term investment opportunity.