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KKR Real Estate Finance Trust KREF Preferred Stock, Shares Authorized

Preferred Stock, Shares Authorized at other companies

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$100M0.0%
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Apollo Commercial Real Estate FinanceARI
$50M0.0%
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$25M0.0%
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Blackstone Mortgage TrustBXMT

Other financials

Income statement

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Revenue$3.8M+9.9%
Net income-$116.4M-291%
EPS (diluted)-$1.95-268%

Balance sheet

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Cash & equivalents$84.4M-23.3%
Total debt$4.0B+35.4%
Total equity$931.8M-24.9%
Total assets$6.6B-2.9%

Cash flow

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Operating cash flow$14.6M-30.8%

Valuation

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Market cap$491.9M-17.1%
Enterprise value$4.45B+28.3%
P/S31.1×

Profitability

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Net margin-1,170.9%

Returns & leverage

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Return on equity-17%-19.1pp
Debt / equity4.3×+1.9×

Where this comes from

Reported directly by KKR Real Estate Finance Trust in its filing.

Tagged under the XBRL concept us-gaap:PreferredStockSharesAuthorized.

The source filing: KKR Real Estate Finance Trust’s 10-Q, filed October 21, 2024.

Filed
Oct 21, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001631596-24-000039
Line itemSeptember 30, 2024December 31, 2023
Total Liabilities5,362,6616,143,436
Commitments and Contingencies (Note 13)
Equity
Preferred Stock, $0.01 par value, 50,000,000 shares authorized
Series A cumulative redeemable preferred stock, (13,110,000 shares issued and outstanding as of September 30, 2024 and December 31, 2023); liquidation preference of $327,750, or $25.00 per share131131
Common stock, $0.01 par value, 300,000,000 authorized (69,333,208 shares issued and outstanding as of September 30, 2024; 75,299,556 shares issued and 69,313,860 shares outstanding as of December 31, 2023)693693
Additional paid-in capital1,725,0141,815,077
Accumulated deficit(367,871)(314,370)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is KKR Real Estate Finance Trust's preferred stock, shares authorized?
KKR Real Estate Finance Trust (KREF) reported preferred stock, shares authorized of $50M in Q3 2024.
How has KKR Real Estate Finance Trust's preferred stock, shares authorized changed year-over-year?
KKR Real Estate Finance Trust's preferred stock, shares authorized decreased by 0.0% year-over-year, from $50M to $50M.
What is the long-term trend for KKR Real Estate Finance Trust's preferred stock, shares authorized?
Over 3 years (2020 to 2023), KKR Real Estate Finance Trust's preferred stock, shares authorized has grown at a 0.0% compound annual growth rate (CAGR), from $50M to $50M.

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