Farmland Partners (FPI) vs KKR Real Estate Finance (KREF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Farmland Partners (FPI) has outperformed KKR Real Estate Finance (KREF) over the past year, losing 1.1% versus a loss of 27.8%. Over five years, FPI leads with a -12.1% price change compared with -71.7% for KREF. Farmland Partners is the larger company by market cap ($455.0 million vs $364.9 million), about 1.2 times the size.
On valuation, Farmland Partners trades at a lower forward P/E (43.2x vs 178.0x for KKR Real Estate Finance). KKR Real Estate Finance offers the higher dividend yield (13.64% vs 2.90%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FPI | KREF |
|---|---|---|
| Share price | $10.36 | $6.23 |
| Market cap | $455.05M | $364.94M |
| 1-day change | -3.54% | -0.48% |
| YTD return | +6.91% | -24.21% |
| 1-year return | -1.05% | -27.81% |
| 5-year return | -12.05% | -71.68% |
| P/E ratio (TTM) | 20.31 | — |
| Forward P/E | 43.17 | 178.00 |
| EPS (TTM) | $0.51 | $-3.26 |
| Dividend yield | 2.90% | 13.64% |
| Annual dividend | $0.30 | $0.85 |
| 52-week high | $13.23 | $9.11 |
| 52-week low | $9.21 | $5.25 |
| Distance from 52-week high | -21.66% | -31.58% |
| Average volume | 572.04K | 937.30K |
| Shares outstanding | 43.63M | 58.58M |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FPI has outperformed KREF by 26.8 percentage points over the past year.
- KKR Real Estate Finance offers a meaningfully higher dividend yield (13.64% vs 2.90%).
FPI vs KREF FAQ
Which is bigger, Farmland Partners or KKR Real Estate Finance?
Farmland Partners (FPI) is larger, with a market capitalization of $455.05M compared with $364.94M for KKR Real Estate Finance (KREF).
Which stock has performed better over the past year, FPI or KREF?
FPI returned -1.05% over the past 12 months, compared with -27.81% for KREF (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Farmland Partners or KKR Real Estate Finance?
KKR Real Estate Finance has the higher yield at 13.64%, compared with 2.90% for Farmland Partners.
Are Farmland Partners and KKR Real Estate Finance in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.