KKR Real Estate Finance Trust (KREF) Stock Forecast, Price Target & Predictions
KREF Stock Forecast
KKR Real Estate Finance Trust stock forecast is as follows: an average price target of $16.17 (represents a 36.69% upside from KREF’s last price of $11.83) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
KREF Price Target
The average price target for KKR Real Estate Finance Trust (KREF) is $16.17 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $23.50 to $12.00. This represents a potential 36.69% upside from KREF's last price of $11.83.
KREF Analyst Ratings
According to 6 Wall Street analysts, KKR Real Estate Finance Trust's rating consensus is 'Buy'. The analyst rating breakdown for KREF stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
KKR Real Estate Finance Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Thomas Catherwood | BTIG | $13.00 | $11.52 | 12.85% | 9.89% |
| Apr 24, 2024 | Steven DeLaney | JMP Securities | $12.00 | $9.78 | 22.70% | 1.44% |
| Jul 18, 2022 | - | Raymond James | $23.50 | $17.97 | 30.77% | 98.65% |
The latest KKR Real Estate Finance Trust stock forecast, released on Jul 30, 2024 by Thomas Catherwood from BTIG, set a price target of $13.00, which represents a 12.85% increase from the stock price at the time of the forecast ($11.52), and a 9.89% increase from KREF last price ($11.83).
KKR Real Estate Finance Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $13.00 | $12.50 |
| Last Closing Price | $11.83 | $11.83 | $11.83 |
| Upside/Downside | -100.00% | 9.89% | 5.66% |
In the current month, the average price target of KKR Real Estate Finance Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to KKR Real Estate Finance Trust's last price of $11.83. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 20, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 19, 2024 | Raymond James | Outperform | Outperform | Hold |
| Sep 04, 2024 | Keefe, Bruyette & Woods | Market Outperform | Outperform | Upgrade |
| Jul 30, 2024 | BTIG | Buy | Buy | Hold |
| Jul 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 19, 2024 | Keefe, Bruyette & Woods | Market Outperform | Market Outperform | Hold |
| Apr 24, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Dec 05, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Oct 25, 2023 | Citigroup | Neutral | Neutral | Hold |
| Aug 30, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
KKR Real Estate Finance Trust's last stock rating was published by Wells Fargo on Sep 20, 2024. The company gave KREF a "Overweight" rating, the same as its previous rate.
KKR Real Estate Finance Trust Financial Forecast
KKR Real Estate Finance Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $44.61M | $43.95M | $44.99M | $49.33M | $43.66M | - | $39.31M | $42.68M | $40.65M | $35.46M | $33.16M | $30.20M | $34.74M | $32.63M | $32.36M | $31.60M | $29.59M |
| Avg Forecast | $223.61M | $215.69M | $208.04M | $200.66M | $34.60M | $34.90M | $35.20M | $35.80M | $46.12M | $45.77M | $45.47M | $51.16M | $49.23M | $46.94M | $49.55M | $57.05M | $51.66M | $45.50M | $45.34M | $42.27M | $44.12M | $41.41M | $41.09M | $33.33M | $34.67M | $31.06M | $28.07M | $33.36M | $29.42M | $31.06M |
| High Forecast | $223.61M | $215.69M | $208.04M | $200.66M | $34.60M | $34.90M | $35.20M | $35.80M | $46.12M | $46.72M | $45.47M | $51.16M | $51.95M | $51.64M | $49.55M | $57.05M | $51.66M | $48.06M | $45.34M | $47.06M | $49.11M | $46.10M | $45.74M | $37.10M | $38.60M | $34.58M | $31.25M | $37.14M | $32.75M | $34.58M |
| Low Forecast | $223.61M | $215.69M | $208.04M | $200.66M | $34.60M | $34.90M | $35.20M | $35.80M | $46.12M | $44.82M | $45.47M | $51.16M | $46.52M | $44.86M | $49.55M | $57.05M | $51.66M | $43.25M | $45.34M | $38.26M | $39.93M | $37.48M | $37.18M | $30.16M | $31.38M | $28.11M | $25.40M | $30.19M | $26.62M | $28.11M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.89% | 0.79% | 0.95% | 0.96% | - | 0.93% | 0.97% | 0.98% | 0.86% | 0.99% | 0.87% | 1.12% | 1.16% | 0.97% | 1.07% | 0.95% |
KKR Real Estate Finance Trust's average Quarter revenue forecast for Dec 23 based on 2 analysts is $49.23M, with a low forecast of $46.52M, and a high forecast of $51.95M. KREF's average Quarter revenue forecast represents a 10.36% increase compared to the company's last Quarter revenue of $44.61M (Sep 23).
KKR Real Estate Finance Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.56M | $-26.92M | $-29.70M | $111.98M | $24.56M | - | $67.93M | $86.77M | $65.61M | $58.14M | $57.52M | $57.85M | $60.11M | $59.56M | $4.59M | $66.06M | $69.53M |
| Avg Forecast | $132.09M | $127.41M | $122.89M | $118.53M | $20.44M | $20.62M | $20.79M | $21.15M | $27.24M | $27.04M | $26.86M | $30.22M | $29.08M | $27.73M | $29.27M | $33.70M | $30.52M | $26.88M | $26.78M | $24.97M | $26.06M | $24.46M | $24.27M | $19.69M | $20.48M | $18.35M | $16.58M | $4.49M | $17.38M | $18.35M |
| High Forecast | $132.09M | $127.41M | $122.89M | $118.53M | $20.44M | $20.62M | $20.79M | $21.15M | $27.24M | $27.60M | $26.86M | $30.22M | $30.69M | $30.51M | $29.27M | $33.70M | $30.52M | $28.39M | $26.78M | $27.80M | $29.01M | $27.23M | $27.02M | $21.92M | $22.80M | $20.43M | $18.46M | $5.38M | $19.35M | $20.43M |
| Low Forecast | $132.09M | $127.41M | $122.89M | $118.53M | $20.44M | $20.62M | $20.79M | $21.15M | $27.24M | $26.48M | $26.86M | $30.22M | $27.48M | $26.50M | $29.27M | $33.70M | $30.52M | $25.55M | $26.78M | $22.60M | $23.59M | $22.14M | $21.97M | $17.82M | $18.53M | $16.60M | $15.01M | $3.59M | $15.73M | $16.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | -0.92% | -0.88% | 3.67% | 0.91% | - | 2.72% | 3.33% | 2.68% | 2.40% | 2.92% | 2.82% | 3.28% | 3.59% | 1.02% | 3.80% | 3.79% |
2 analysts predict KREF's average Quarter EBITDA for Dec 23 to be $29.08M, with a high of $30.69M and a low of $27.48M. This is 34.92% upper than KKR Real Estate Finance Trust's previous annual EBITDA (Sep 23) of $21.56M.
KKR Real Estate Finance Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.40M | $-25.77M | $-25.25M | $20.33M | $-42.75M | - | $35.47M | $40.34M | $35.67M | $31.08M | $30.09M | $28.86M | $31.19M | $28.93M | $-34.57M | $24.51M | $23.86M |
| Avg Forecast | $22.69M | $22.97M | $22.63M | $21.94M | $22.20M | $22.84M | $16.32M | $23.00M | $16.74M | $23.63M | $-118.72M | $39.99M | $25.83M | $2.99M | $10.08M | $36.35M | $70.37M | $27.79M | $29.05M | $33.05M | $63.97M | $25.27M | $27.91M | $27.73M | $29.45M | $21.26M | $26.86M | $-33.77M | $23.35M | $24.40M |
| High Forecast | $22.69M | $22.97M | $22.63M | $21.94M | $22.20M | $22.84M | $16.32M | $23.00M | $16.74M | $26.67M | $-118.72M | $47.99M | $25.83M | $6.39M | $10.08M | $43.63M | $84.44M | $33.35M | $29.05M | $39.66M | $76.77M | $30.32M | $33.49M | $33.28M | $35.34M | $25.52M | $32.23M | $-27.01M | $28.01M | $29.28M |
| Low Forecast | $22.69M | $22.97M | $22.63M | $21.94M | $22.20M | $22.84M | $16.32M | $23.00M | $16.74M | $19.82M | $-118.72M | $31.99M | $25.83M | $-4.62M | $10.08M | $29.08M | $56.30M | $22.23M | $29.05M | $26.44M | $51.18M | $20.21M | $22.32M | $22.19M | $23.56M | $17.01M | $21.49M | $-40.52M | $18.68M | $19.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.16% | -2.56% | -0.69% | 0.29% | -1.54% | - | 1.07% | 0.63% | 1.41% | 1.11% | 1.09% | 0.98% | 1.47% | 1.08% | 1.02% | 1.05% | 0.98% |
KKR Real Estate Finance Trust's average Quarter net income forecast for Dec 23 is $25.83M, with a range of $25.83M to $25.83M. KREF's average Quarter net income forecast represents a 20.67% increase compared to the company's last Quarter net income of $21.40M (Sep 23).
KKR Real Estate Finance Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.79M | $4.71M | $4.69M | $4.58M | $4.29M | - | $4.45M | $3.38M | $3.05M | $3.16M | $2.94M | $2.86M | $3.20M | $3.48M | $3.00M | $2.68M | $1.99M |
| Avg Forecast | $23.28M | $22.45M | $21.66M | $20.89M | $3.60M | $3.63M | $3.66M | $3.73M | $4.80M | $4.76M | $4.73M | $5.01M | $5.13M | $4.89M | $5.16M | $4.56M | $5.90M | $2.38M | $4.72M | $4.14M | $5.36M | $2.16M | $2.84M | $2.71M | $2.92M | $2.18M | $3.23M | $2.93M | $2.55M | $2.04M |
| High Forecast | $23.28M | $22.45M | $21.66M | $20.89M | $3.60M | $3.63M | $3.66M | $3.73M | $4.80M | $4.86M | $4.73M | $6.02M | $5.41M | $5.38M | $5.16M | $5.47M | $7.08M | $2.85M | $4.72M | $4.97M | $6.44M | $2.59M | $3.41M | $3.25M | $3.50M | $2.62M | $3.88M | $3.52M | $3.06M | $2.45M |
| Low Forecast | $23.28M | $22.45M | $21.66M | $20.89M | $3.60M | $3.63M | $3.66M | $3.73M | $4.80M | $4.67M | $4.73M | $4.01M | $4.84M | $4.67M | $5.16M | $3.65M | $4.72M | $1.90M | $4.72M | $3.31M | $4.29M | $1.73M | $2.27M | $2.17M | $2.34M | $1.75M | $2.59M | $2.35M | $2.04M | $1.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.91% | 1.03% | 0.78% | 1.80% | - | 1.07% | 0.63% | 1.41% | 1.11% | 1.09% | 0.98% | 1.47% | 1.08% | 1.02% | 1.05% | 0.98% |
KKR Real Estate Finance Trust's average Quarter SG&A projection for Dec 23 is $5.13M, based on 2 Wall Street analysts, with a range of $4.84M to $5.41M. The forecast indicates a 7.05% rise compared to KREF last annual SG&A of $4.79M (Sep 23).
KKR Real Estate Finance Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $-0.37 | $-0.37 | $0.21 | $-0.62 | - | $0.47 | $0.68 | $0.57 | $0.53 | $0.52 | $0.52 | $0.56 | $0.52 | $-0.61 | $0.43 | $0.41 |
| Avg Forecast | $0.33 | $0.33 | $0.33 | $0.32 | $0.32 | $0.33 | $0.24 | $0.33 | $0.24 | $0.34 | $-1.71 | $0.34 | $0.37 | $0.04 | $0.15 | $0.46 | $0.50 | $0.46 | $0.42 | $0.44 | $0.07 | $0.47 | $0.49 | $0.51 | $0.48 | $0.44 | $0.42 | $0.43 | $0.42 | $0.43 |
| High Forecast | $0.33 | $0.33 | $0.33 | $0.32 | $0.32 | $0.33 | $0.24 | $0.33 | $0.24 | $0.38 | $-1.71 | $0.34 | $0.37 | $0.09 | $0.15 | $0.46 | $0.50 | $0.49 | $0.42 | $0.51 | $0.08 | $0.54 | $0.56 | $0.59 | $0.55 | $0.50 | $0.48 | $0.49 | $0.48 | $0.50 |
| Low Forecast | $0.33 | $0.33 | $0.33 | $0.32 | $0.32 | $0.33 | $0.24 | $0.33 | $0.24 | $0.29 | $-1.71 | $0.34 | $0.37 | $-0.07 | $0.15 | $0.46 | $0.50 | $0.43 | $0.42 | $0.39 | $0.06 | $0.41 | $0.43 | $0.45 | $0.42 | $0.38 | $0.37 | $0.38 | $0.37 | $0.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.20% | -2.55% | -0.81% | 0.42% | -1.35% | - | 1.06% | 10.17% | 1.21% | 1.08% | 1.02% | 1.08% | 1.28% | 1.24% | -1.43% | 1.02% | 0.94% |
According to 2 Wall Street analysts, KKR Real Estate Finance Trust's projected average Quarter EPS for Dec 23 is $0.37, with a low estimate of $0.37 and a high estimate of $0.37. This represents a 20.00% increase compared to KREF previous annual EPS of $0.31 (Sep 23).
KKR Real Estate Finance Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AJX | Great Ajax | $3.46 | $11.00 | 217.92% | Buy |
| CMTG | Claros Mortgage Trust | $9.27 | $18.25 | 96.87% | Hold |
| ACRE | Ares Commercial Real Estate | $6.79 | $11.50 | 69.37% | Hold |
| ARI | Apollo Commercial Real Estate Finance | $8.89 | $13.50 | 51.86% | - |
| KREF | KKR Real Estate Finance Trust | $11.83 | $16.17 | 36.69% | Buy |
| REFI | Chicago Atlantic Real Estate Finance | $15.79 | $20.00 | 26.66% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.77 | $8.00 | 18.17% | Buy |
| LADR | Ladder Capital | $11.35 | $13.25 | 16.74% | Buy |
| RC | Ready Capital | $7.31 | $8.50 | 16.28% | Hold |
| EFC | Ellington Financial | $12.46 | $13.50 | 8.35% | Buy |
| ARR | ARMOUR Residential REIT | $19.76 | $11.50 | -41.80% | Hold |
KREF Forecast FAQ
Is KKR Real Estate Finance Trust a good buy?
Yes, according to 6 Wall Street analysts, KKR Real Estate Finance Trust (KREF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of KREF's total ratings.
What is KREF's price target?
KKR Real Estate Finance Trust (KREF) average price target is $16.17 with a range of $12 to $23.5, implying a 36.69% from its last price of $11.83. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will KKR Real Estate Finance Trust stock go up soon?
According to Wall Street analysts' prediction for KREF stock, the company can go up by 36.69% (from the last price of $11.83 to the average price target of $16.17), up by 98.65% based on the highest stock price target, and up by 1.44% based on the lowest stock price target.
Can KKR Real Estate Finance Trust stock reach $20?
KREF's highest twelve months analyst stock price target of $23.5 supports the claim that KKR Real Estate Finance Trust can reach $20 in the near future.
What are KKR Real Estate Finance Trust's analysts' financial forecasts?
KKR Real Estate Finance Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $140.5M (high $140.5M, low $140.5M), average EBITDA is $82.99M (high $82.99M, low $82.99M), average net income is $84.36M (high $84.36M, low $84.36M), average SG&A $14.63M (high $14.63M, low $14.63M), and average EPS is $1.22 (high $1.22, low $1.22). KREF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $848M (high $848M, low $848M), average EBITDA is $500.92M (high $500.92M, low $500.92M), average net income is $90.24M (high $90.24M, low $90.24M), average SG&A $88.28M (high $88.28M, low $88.28M), and average EPS is $1.3 (high $1.3, low $1.3).
Did the KREF's actual financial results beat the analysts' financial forecasts?
Based on KKR Real Estate Finance Trust's last annual report (Dec 2023), the company's revenue was $181.61M, which missed the average analysts forecast of $202.77M by -10.43%. Apple's EBITDA was $-52.146M, missing the average prediction of $119.78M by -143.54%. The company's net income was $-53.919M, missing the average estimation of $75.25M by -171.65%. Apple's SG&A was $18.79M, missing the average forecast of $19.73M by -4.76%. Lastly, the company's EPS was $-0.0008, missing the average prediction of $1.02 by -100.08%. In terms of the last quarterly report (Sep 2023), KKR Real Estate Finance Trust's revenue was $44.61M, missing the average analysts' forecast of $46.94M by -4.95%. The company's EBITDA was $21.56M, missing the average prediction of $27.73M by -22.25%. KKR Real Estate Finance Trust's net income was $21.4M, beating the average estimation of $2.99M by 615.95%. The company's SG&A was $4.79M, missing the average forecast of $4.89M by -2.01%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.0431 by 619.98%