KKR Real Estate Finance Trust (KREF) Divestments (2017 - 2019)
KKR Real Estate Finance Trust's (KREF) quarterly Divestments came in at $9.8 million in Q4 2019, down 91.23% on a YoY basis from $111.6 million in Q4 2018, and down 91.23% quarter-over-quarter from $111.6 million in Q4 2018.
Analysis
KKR Real Estate Finance Trust (KREF) Divestments (2017 - 2019) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Divestments for 3 consecutive years, with $9.8 million the latest figure, recorded in Q4 2019.
- For the quarter ending Q4 2019, Divestments fell 91.23% year-over-year to $9.8 million; the trailing twelve-month figure through Dec 2019 stood at $9.8 million (down 91.32% YoY), and the FY2019 full-year result was $9.8 million, down 91.32% from the prior year.
- Divestments fell to $9.8 million in Q4 2019 per KREF's latest filing, from $111.6 million in the prior quarter.
- Across five years, Divestments topped out at $111.6 million in Q4 2018 and bottomed at $191000.0 in Q4 2017.
- Historically, Divestments has averaged $20.3 million across 3 years, with a median of $482000.0 in 2018.
- The widest YoY moves for Divestments: up 58324.08% in 2018, down 98.58% in 2018.
- Over 3 years, Divestments stood at $191000.0 in 2017, then jumped by 58324.08% to $111.6 million in 2018, then plunged by 91.23% to $9.8 million in 2019.
- According to Business Quant data, Divestments over the past three periods registered $9.8 million, $111.6 million, and $396000.0 for Q4 2019, Q4 2018, and Q3 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 11.20 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 9.35 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 100,000.00 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 133.49 Mn |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 9.78 Mn |
| Dec 31, 2018 | 111.59 Mn |
| Sep 30, 2018 | 396,000.00 |
| Jun 30, 2018 | 279,000.00 |
| Mar 31, 2018 | 482,000.00 |
| Dec 31, 2017 | 191,000.00 |
| Jun 30, 2017 | 19.59 Mn |