KKR Real Estate Finance Trust (NYSE:KREF) Receives $9.00 Consensus Target Price from Analysts

Shares of KKR Real Estate Finance Trust (NYSE:KREF) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $9.00.

KREF has been the topic of several analyst reports. Wells Fargo & Company reduced their price target on shares of KKR Real Estate Finance Trust from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. BTIG Research lowered KKR Real Estate Finance Trust from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut their target price on KKR Real Estate Finance Trust from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, April 16th. Wall Street Zen lowered KKR Real Estate Finance Trust from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Finally, Keefe, Bruyette & Woods cut their target price on KKR Real Estate Finance Trust from $8.00 to $7.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 8th.

KKR Real Estate Finance Trust Stock Down 9.2%

KREF stock opened at $6.09 on Friday. The firm has a market cap of $391.14 million, a PE ratio of -3.27 and a beta of 0.91. The company has a debt-to-equity ratio of 3.83, a quick ratio of 407.64 and a current ratio of 407.64. The firm’s 50 day moving average price is $6.64 and its 200-day moving average price is $7.71. KKR Real Estate Finance Trust has a one year low of $5.25 and a one year high of $9.98.

KKR Real Estate Finance Trust (NYSE:KREF) last released its quarterly earnings results on Wednesday, April 22nd. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.17). The firm had revenue of $20.89 million for the quarter, compared to analysts’ expectations of $28.76 million. KKR Real Estate Finance Trust had a negative net margin of 23.55% and a negative return on equity of 0.76%. On average, equities research analysts anticipate that KKR Real Estate Finance Trust will post 0.11 EPS for the current year.

KKR Real Estate Finance Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a yield of 6.6%. KKR Real Estate Finance Trust’s payout ratio is presently -95.24%.

Key KKR Real Estate Finance Trust News

Here are the key news stories impacting KKR Real Estate Finance Trust this week:

• Positive Sentiment: Board approved a $75 million share buyback and announced plans to reduce exposure to office assets, signaling active capital allocation to support the share price and lower concentration risk. KREF to cut office exposure, launches $75M buyback
• Positive Sentiment: Declared a quarterly dividend of $0.10 per share (ex?dividend June 30) — an annualized yield of about 6.6% — which supports income investors and helps anchor demand in the common stock.
• Neutral Sentiment: Full Q1 earnings call transcript provides management detail on portfolio positioning, credit performance and rationale behind the office exposure reduction and buyback; useful for assessing tempo of asset sales/redeployment. KKR Real Estate Finance Trust Inc. (KREF) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Some coverage (Zacks) framed Q1 as a smaller loss year?over?year and highlighted certain revenue beats or metric nuances — indicating the quarter had mixed signals depending on which line items analysts emphasize. KKR Real Estate Finance (KREF) Reports Q1 Loss, Tops Revenue Estimates
• Neutral Sentiment: Q1 snapshot coverage summarizes results and credit commentary; useful background but no fresh catalyst beyond earnings and management actions. KKR Real Estate: Q1 Earnings Snapshot
• Negative Sentiment: Reported Q1 EPS of ($0.06) missed consensus (~$0.11) and revenue was below some analyst estimates; those misses, plus negative net margin/ROE metrics in the release, likely pressured sentiment. Q1 Press Release / Slide Deck
• Negative Sentiment: Analyst target cuts and commentary that “the story is shifting” after management’s repositioning suggest lowered earnings/valuation expectations, which can amplify near?term downside. How The Story Around KKR Real Estate Finance Trust (KREF) Is Shifting After Target Cuts

Institutional Trading of KKR Real Estate Finance Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its position in KKR Real Estate Finance Trust by 210.5% in the fourth quarter. Hantz Financial Services Inc. now owns 3,099 shares of the company’s stock valued at $25,000 after purchasing an additional 2,101 shares during the period. PNC Financial Services Group Inc. raised its position in KKR Real Estate Finance Trust by 178.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,537 shares of the company’s stock valued at $29,000 after purchasing an additional 2,266 shares during the period. Geneos Wealth Management Inc. raised its position in KKR Real Estate Finance Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,450 shares of the company’s stock valued at $30,000 after purchasing an additional 1,725 shares during the period. EverSource Wealth Advisors LLC raised its position in KKR Real Estate Finance Trust by 742.0% in the second quarter. EverSource Wealth Advisors LLC now owns 4,151 shares of the company’s stock valued at $36,000 after purchasing an additional 3,658 shares during the period. Finally, Cloud Capital Management LLC purchased a new stake in KKR Real Estate Finance Trust in the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 70.23% of the company’s stock.

About KKR Real Estate Finance Trust

KKR Real Estate Finance Trust, Inc (NYSE: KREF) is a mortgage real estate investment trust sponsored by KKR & Co Inc The company focuses on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and real estate-related assets across the United States and select European markets.

The trust’s investment strategy is centered on lending to high-quality office, industrial, retail, multifamily and hotel properties. Its portfolio primarily consists of senior mortgage loans, mezzanine loans, floating-rate debt securities and preferred equity positions.