$5.780
+0.632 (+10.94%)At close
KREF News
KREF Events
Company Reports Book Value of $582.5M as of September 30
Reports common book value of $582.5M, or $10.14 per share, as of September 30, 2026, inclusive of net unrealized and realized loan losses of $6.6M or (11c) per share, for the three months ended September 30. The company said, "We have made significant progress executing the action plan established at the beginning of the year, including the resolution of three additional watch list loans during the quarter.. Repayment activity remained strong, with $2.4 billion of repayments year-to-date, exceeding our original full-year expectations. These repayments have meaningfully strengthened our balance sheet, with liquidity increasing to over $850 million and total leverage declining to 3.1x, enhancing our financial flexibility."
KKR Real Estate Finance Q2 EPS of 58c Beats Consensus of 31c
KKR Real Estate Finance reports Q2 EPS (58c), consensus (31c)
KKR Real Estate Finance Establishes Strategic Review Committee
KKR Real Estate Finance announced that the Board of Directors has established a strategic review committee to initiate a review of possible strategic alternatives for the Company to enhance shareholder value, which may include the sale of the Company or its assets, a merger or other strategic transaction, as well as the continuation of its business plan, as currently conducted or with modifications. There is no assurance that this exploration of strategic alternatives will result in any transaction or change in business plan. The Company has not set a definitive timetable for the completion of its review and does not intend to discuss or disclose further developments during this process until its review is complete.
Tesla Agrees to Acquire AI Hardware Company for $2 Billion
The major averages closed broadly lower as investors continue to digest corporate earnings reports as well as developments in the Middle East. Post-print declines from major players such as Tesla and IBM were counteracted by sharp gains from companies like Texas Instruments and American Airlines.Meanwhile, relations between the U.S. and Iran continue to be tense. President Trump ordered the U.S. Navy on Thursday to "shoot and kill any boat" laying mines along the Strait of Hormuz after Iran's navy said it seized two container ships in the strait.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Teslareportedand said in a regulatory filing that it agreed to acquire an "AI hardware company" for up to $2B in Tesla common stock and equity awardsIBMreported better-than-expectedTexas Instrumentsreportedand provided upbeat Q2 guidanceServiceNowprovided areport for Q1American Airlinesreportedand cut its FY25 earnings outlook2. WALL STREET CALLS:BofATexas Instrumentsto Buy on improving earnings powerCSXto Underweight at Morgan StanleyMcDonald'sto Neutral at Rothschild & Co RedburnJPMorganAvisto Underweight on "unsustainable valuation"HSBCof Oklowith a Buy rating and $96 price target3. AROUND THE WEB:Microsoftis offering voluntary buyouts to a small percentage of its workforce, CNBC reportsMeta Platformsplans to cut 10% of its workforce in an effort to boost efficiency, Bloomberg saysVoya Financialis facing pressure from activist investor Toms Capital Investment Management, to consider putting itself up for sale or offloading its underperforming health insurer arm, FT saysSoftBankis seeking a $10B loan secured by its shares in OpenAI, Bloomberg reportsBPshareholders rejected two company resolutions at its annual general meeting, expressing frustration over climate disclosures, with just over a quarter of investors supporting resolution asking BP to explain its oil and gas spending strategy, WSJ says4. MOVERS:Penn Entertainmentgains after, with EPS and revenue beating consensusApplied Digitalincreases afterwith a U.S. based hyperscalerSTMicroelectronicsand Comcasthigher in New York afterSuper Microlower after BlueFin Research said the companywith OracleASGNand KKR Real Estatefall after5. EARNINGS/GUIDANCE:Keurig Dr Pepperand backed its guidance for FY26Thermo Fisherprovidedand raised its outlook for FY26NextEraand reaffirmed its guidance for FY26Mobileye, with its CEO commenting that the results "reflected a stronger than expected start to 2026"Pool Corp, with EPS and revenue beating consensusINDEXES:The Dow fell 179.71, or 0.36%, to 49,310.32, the Nasdaq lost 219.06, or 0.89%, to 24,438.50, and the S&P 500 declined 29.50, or 0.41%, to 7,108.40.
Major U.S. Indices Slightly Lower as Tesla Acquires AI Company
The major averages were a bit lower near noon as investors continue to digest the latest round of corporate earnings reports as well as developments in the Middle East. Post-print declines from major players such as Tesla and IBM were counteracted by sharp gains from companies like Texas Instruments and American Airlines.Meanwhile, relations between the U.S. and Iran continue to be tense, as a lack of commitment from Iran reportedly led to U.S. Vice President JD Vance halting his trip to Pakistan for peace negotiations. Iran state media also reported that Tehran negotiators wouldn't be present, referring to such discussions with the U.S. as a "waste of time." Additionally, President Trump ordered the U.S. Navy on Thursday to "shoot and kill any boat" laying mines along the Strait of Hormuz after Iran's navy said it seized two container ships in the strait.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Teslareportedand said in a regulatory filing that it agreed to acquire an "AI hardware company" for up to $2B in Tesla common stock and equity awardsIBMreported better-than-expectedTexas Instrumentsreportedand provided upbeat Q2 guidanceServiceNowprovided areport for Q1American Airlinesreportedand cut its FY25 earnings outlook2. WALL STREET CALLS:BofATexas Instrumentsto Buy on improving earnings powerCSXto Underweight at Morgan StanleyMcDonald'sto Neutral at Rothschild & Co RedburnJPMorganAvisto Underweight on "unsustainable valuation"HSBCof Oklowith a Buy rating and $96 price target3. AROUND THE WEB:Voya Financialis facing pressure from activist investor Toms Capital Investment Management, to consider putting itself up for sale or offloading its underperforming health insurer arm, FT saysMicrosoftwill have to face a mass lawsuit alleging it overcharged thousands of British businesses to use its Window Server software on services provided by Amazon, Google, and Alibaba, Reuters reportsAustralia's eSafety Commissioner, the company's internet regulator, asked online gaming platforms, including Robloxand Microsoft'sMinecraft, to specify how they intend to protect children from being groomed and shield younger users from radicalization, Reuters saysSoftBankis seeking a $10B loan secured by its shares in OpenAI, Bloomberg reportsBPshareholders rejected two company resolutions at its annual general meeting, expressing frustration over climate disclosures, with just over a quarter of investors supporting resolution asking BP to explain its oil and gas spending strategy, WSJ says4. MOVERS:Penn Entertainmentgains after, with EPS and revenue beating consensusApplied Digitalincreases afterwith a U.S. based hyperscalerSTMicroelectronicsand Comcasthigher in New York afterSuper Microlower after BlueFin Research said the companywith OracleASGNand KKR Real Estatefall after5. EARNINGS/GUIDANCE:Keurig Dr Pepperand backed its guidance for FY26Thermo Fisher (TMO)for Q2 and raised its outlook for FY26NextEra (NEE)and reaffirmed its guidance for FY26Mobileyewith its CEO commenting that the results "reflected a stronger than expected start to 2026"Pool Corp, with EPS and revenue beating consensusINDEXES:Near midday, the Dow was down 0.18%, or 88.62, to 49,401.41, the Nasdaq was down 0.28%, or 68.12, to 24,589.44, and the S&P 500 was down 0.05%, or 3.42, to 7,134.48.
Related articles
- Small Cap Stocks Investing Guide 2026: Russell 2000, Fed Hikes, and the Financing TradeSmall-cap stocks investing guide 2026: Russell 2000 vs S&P, IWM rate sensitivity, floating-rate debt, Fed hikes, valuation discounts, and a practical checklist.
- Santa Claus Rally and the Year-End Stock Market: Investor Guide for Late 2026Santa Claus rally explained: 7-day window stats since 1950, Nov–Dec seasonality, post-midterm 2026 setup, and a risk-managed year-end investing playbook.
- AppLovin Q3 2026 Deep Dive: Beaten-Down S&P Dog Meets Axon Next-Gen Beat-and-Raise—and a $3.2B BuybaAppLovin Q3 2026: $2.185B rev (+55%), EPS $4.30 vs ~$4.03–4.04 Street, Adj EBITDA $1.842B (84%). Beat own guide $100M; Q4 $2.365–2.395B; auth +$3.2B; AH +22–24%.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.