KREF

KKR Real Estate Finance Trust Inc

Add to Watchlist

Advanced Chart

9.180

+0.11(1.213%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

9.355

Open

9.040

VWAP

9.18

Vol

1.02M

Mkt Cap

636.99M

Low

8.990

Amount

9.39M

EV/EBITDA(TTM)

179.73

Total Shares

69.31M

5.70B

EV/OCF(TTM)

50.05

P/S(TTM)

1.14

KKR Real Estate Finance Trust Inc. is a real estate investment trust. The Company primarily originates or acquires transitional senior loans collateralized by institutional-quality commercial real estate (CRE) assets that are owned and operated by sponsors and located in liquid markets with underlying fundamentals. The Company's target assets also include mezzanine loans, preferred equity and other debt-oriented instruments with these characteristics. The Company's investment objective is capital preservation and the generation of attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. Its portfolio of diversified investments consists of performing senior and mezzanine loans. It focuses on originating and acquiring senior loans that are secured by CRE properties and evidenced by a first-priority mortgage. The Company is externally managed by KKR Real Estate Finance Manager LLC, an indirect wholly owned subsidiary of KKR & Co. Inc.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

31.30M

-10.91%

0.186

-188.37%

31.50M

-14.88%

0.230

-37.81%

32.55M

-19.5%

-0.008

-99.46%

Estimates Revision

The market is revising Downward the revenue expectations for KKR Real Estate Finance Trust Inc. (KREF) for FY2025, with the revenue forecasts being adjusted by -1.36% over the past three months. During the same period, the stock price has changed by 3.38%.

Revenue Estimates for FY2025

Revise Downward

-1.36%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-5.77%

In Past 3 Month

Stock Price

Go Up

+3.38%

In Past 3 Month

4 Analyst Rating

13.07% Upside

Wall Street analysts forecast KREF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KREF is 10.38 USD with a low forecast of 9.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

0 Sell

Strong Buy

13.07% Upside

Current: 9.180

Low

9.00

Averages

10.38

High

12.00

13.07% Upside

Current: 9.180

Low

9.00

Averages

10.38

High

12.00

Keefe Bruyette

Market Perform

downgrade

2025-04-25

Reason

Keefe Bruyette

Price Target

2025-04-25

downgrade

Market Perform

Reason

Keefe Bruyette lowered the firm's price target on KKR Real Estate Finance to $9.50 from $10.75 and keeps a Market Perform rating on the shares.

Citizens JMP

Outperform

downgrade

$13 -> $12

2025-04-24

Reason

Citizens JMP

Price Target

$13 -> $12

2025-04-24

downgrade

Outperform

Reason

Citizens JMP lowered the firm's price target on KKR Real Estate Finance to $12 from $13 and keeps an Outperform rating on the shares. While Q1 GAAP earnings were negatively impacted by a $25M additional current expected credit loss loan loss provision, distributable EPS was well above consensus, the analyst tells investors in a research note. The firm notes that its price target offers a potential total return of 40%, with price appreciation of 29.3% and a cash dividend yield of 10.8%.

Wells Fargo

Overweight

maintain

$14 -> $11

2025-04-24

Reason

Wells Fargo

Price Target

$14 -> $11

2025-04-24

maintain

Overweight

Reason

Wells Fargo lowered the firm's price target on KKR Real Estate Finance to $11 from $14 and keeps an Overweight rating on the shares following Q1 results. The firm noted that two loans migrated lower on credit rating, including a life science asset in Boston. Higher reserve pushed book value down 2% quarter-over-quarter, Wells Fargo added. The credit migration was a negative this quarter and further life science weakness is a watch list item for the firm, Wells Fargo told investors.

JP Morgan

Richard Shane

Buy

Maintains

$12 → $9.5

2025-04-16

Reason

JP Morgan

Richard Shane

Price Target

$12 → $9.5

2025-04-16

Maintains

Buy

Reason

Citizens Capital Markets

Chris Muller

Buy

Reiterates

$13

2025-02-26

Reason

Citizens Capital Markets

Chris Muller

Price Target

$13

2025-02-26

Reiterates

Buy

Reason

JP Morgan

Richard Shane

Buy

Maintains

$12 → $11

2025-01-21

Reason

JP Morgan

Richard Shane

Price Target

$12 → $11

2025-01-21

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for KKR Real Estate Finance Trust Inc (KREF.N) is 14.78, compared to its 5-year average forward P/E of 8.70. For a more detailed relative valuation and DCF analysis to assess KKR Real Estate Finance Trust Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

8.70

Current PE

14.78

Overvalued PE

17.02

Undervalued PE

0.38

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

6.07

Current PS

4.88

Overvalued PS

7.44

Undervalued PS

4.70