Real Estate Investing
US Real Estate Market Forecast
February 27 2019 - KKR Real Estate Investment Trust Joins Rank Of Stocks With 95-Plus Composite Rating By Investors Business Daily
On Tuesday, KKR Real Estate Investment Trust (KREF) got an upgrade for its IBD SmartSelect Composite Rating from 92 to 96.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
KKR Real Estate Investment Trust is trading about 3% above a 20.90 entry from a flat base. Understand that it is a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may show wider daily or weekly fluctuations than stocks with greater trading volume.
The stock sports a 95 EPS Rating, meaning its recent quarterly and annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 26% rise in earnings for Q4. That means it's now generated two straight quarters of rising EPS growth. Revenue growth fell to 22%, down from 43% in the prior quarter.
KKR Real Estate Investment Trust earns the No. 2 rank among its peers in the Finance-Mortgage & Related Services industry group. Pennymac Financial Services (PFSI) is the top-ranked stock within the group.
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