KREF (KKR Real Estate Finance Trust) 5-Year Yield-on-Cost %: 7.49 (As of Jun. 28, 2026) — 48% Above Median


KREF KKR Real Estate Finance Trust Inc KREF
46 GF Score
Price $7.17
GF Value $7.16
Valuation Fairly Valued
! 3 Warning Signs
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What is KKR Real Estate Finance Trust 5-Year Yield-on-Cost %?

KKR Real Estate Finance Trust KREF +2.43% 46 5-Year Yield-on-Cost % is 7.49 as of Jun. 28, 2026, which is 48% above its 10-year median of 5.07. GuruFocus rates KREF with a GF Scoreâ„¢ of 46/100 and a GF Valueâ„¢ of $7.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 881 REITs companies, KKR Real Estate Finance Trust ranks better than 52.1% on this metric.

KKR Real Estate Finance Trust's yield on cost for the quarter that ended in Mar. 2026 was 7.49.


The historical rank and industry rank for KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

KREF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.62   Med: 5.07   Max: 9.76
Current: 7.49


During the past 11 years, KKR Real Estate Finance Trust's highest Yield on Cost was 9.76. The lowest was 0.62. And the median was 5.07.


KREF's 5-Year Yield-on-Cost % is ranked better than
52.1% of 881 companies
in the REITs industry
Industry Median: 7.3 vs KREF: 7.49

KKR Real Estate Finance Trust  (NYSE:KREF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


KKR Real Estate Finance Trust 5-Year Yield-on-Cost % Related Terms


KREF vs CMTG, NREF, RC: 5-Year Yield-on-Cost % Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KKR Real Estate Finance Trust 5-Year Yield-on-Cost % vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % falls into.


KREF
46GF Score
KKR Real Estate Finance Trust Inc KREF
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
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KKR Real Estate Finance Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of KKR Real Estate Finance Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 7.49 mean?
KKR Real Estate Finance Trust (KREF) has a 5-Year Yield-on-Cost % of 7.49 as of Jun. 28, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on KKR Real Estate Finance Trust and its competitors. This is 48% above median its historical median of 5.07. Over the past decade, KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % has ranged from 0.62 to 9.76. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #422 out of 881 companies in the REITs industry, placing it in the top 47.9%.
Is KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % too high?
KKR Real Estate Finance Trust's current 5-Year Yield-on-Cost % of 7.49 is 48% above median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 9.76. The REITs industry median 5-Year Yield-on-Cost % is 7.30. KKR Real Estate Finance Trust's value of 7.49 is 2.6% above this industry median. Based on the distribution chart, KKR Real Estate Finance Trust ranks #422 out of 881 companies in the REITs industry, which is above the industry midpoint. Overall, KKR Real Estate Finance Trust has a GF Scoreâ„¢ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's 5-Year Yield-on-Cost % compare to CMTG and NREF?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #422 out of 881 companies for 5-Year Yield-on-Cost %. This puts KKR Real Estate Finance Trust in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 7.30. KKR Real Estate Finance Trust's value of 7.49 is 2.6% above this benchmark. Historically, KKR Real Estate Finance Trust's own 5-Year Yield-on-Cost % has ranged from 0.62 to 9.76 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 7.30, KKR Real Estate Finance Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.30, based on 881 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KKR Real Estate Finance Trust's current 5-Year Yield-on-Cost % of 7.49 is 2.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on KKR Real Estate Finance Trust and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current 5-Year Yield-on-Cost % is 7.49, which is 48% above median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR Real Estate Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust (KREF) is currently considered Fairly Valued. The stock's GF Value™ is $7.16, compared to a current price of $7.17 — trading 0.1% above its estimated fair value. The current 5-Year Yield-on-Cost % is 7.49, which is 48% above median its 10-year median of 5.07 and 2.6% above the REITs industry median of 7.30. KKR Real Estate Finance Trust's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current 5-Year Yield-on-Cost % is 7.49 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KKR Real Estate Finance Trust (KREF) Overvalued in 2026?

Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued. The current stock price of $7.17 is trading 0.1% above its estimated GF Value™ of $7.16. GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.

Key valuation signals for KREF:

  • 5-Year Yield-on-Cost %: 7.49 (48% above median its 10-year median of 5.07)
  • GF Value™: $7.16 vs. price of $7.17 (0.1% above fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 2.6% above the REITs median (#422 of 881)

No single metric tells the full story. See the KREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KKR Real Estate Finance Trust Business Description

Industry Real EstateREITs
Other Exchanges KREFpA.PFD:USA8KR:Germany
Address 30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
46GF Score

Get the complete analysis for KREF

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.17
Price
$7.16
GF Value