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 40.24% upside from KREF’s last price of $11.53) 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 40.24% upside from KREF's last price of $11.53.
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% | 12.75% |
| Apr 24, 2024 | Steven DeLaney | JMP Securities | $12.00 | $9.78 | 22.70% | 4.08% |
| Jul 18, 2022 | - | Raymond James | $23.50 | $17.97 | 30.77% | 103.82% |
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 12.75% increase from KREF last price ($11.53).
KKR Real Estate Finance Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $12.50 |
| Last Closing Price | $11.53 | $11.53 | $11.53 |
| Upside/Downside | -100.00% | -100.00% | 8.41% |
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 $11.53. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | BTIG | Buy | Buy | Hold |
| 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 |
KKR Real Estate Finance Trust's last stock rating was published by BTIG on Oct 22, 2024. The company gave KREF a "Buy" 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 | Jun 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 | $42.43M | $39.31M | $42.68M | $40.65M | $35.46M | $33.16M | $30.20M | $34.74M | $32.63M | $32.36M | $31.60M | $29.59M |
| Avg Forecast | $56.69M | $54.68M | $52.74M | $50.87M | $35.00M | $34.60M | $34.40M | $34.40M | $42.37M | $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 | $59.61M | $57.50M | $55.46M | $53.49M | $36.80M | $36.38M | $36.17M | $35.97M | $44.65M | $45.77M | $45.47M | $51.16M | $51.95M | $51.64M | $52.10M | $59.99M | $54.33M | $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 |
| Low Forecast | $54.35M | $52.42M | $50.56M | $48.77M | $33.55M | $33.17M | $32.98M | $32.83M | $40.09M | $45.77M | $45.47M | $51.16M | $46.52M | $44.86M | $47.50M | $54.69M | $49.53M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.89% | 0.79% | 0.95% | 0.96% | 0.94% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.56M | $-26.92M | $-29.70M | $111.98M | $24.56M | $69.79M | $67.93M | $86.77M | $65.61M | $58.14M | $57.52M | $57.85M | $60.11M | $59.56M | $4.59M | $66.06M | $69.53M |
| Avg Forecast | $33.49M | $32.30M | $31.15M | $30.05M | $20.67M | $20.44M | $20.32M | $20.32M | $25.03M | $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 | $35.21M | $33.96M | $32.76M | $31.60M | $21.74M | $21.49M | $21.37M | $21.25M | $26.38M | $27.04M | $26.86M | $30.22M | $30.69M | $30.51M | $30.78M | $35.44M | $32.09M | $26.88M | $26.78M | $24.97M | $26.06M | $24.46M | $24.27M | $19.69M | $20.48M | $18.35M | $16.58M | $5.38M | $17.38M | $18.35M |
| Low Forecast | $32.10M | $30.96M | $29.87M | $28.81M | $19.82M | $19.59M | $19.48M | $19.40M | $23.68M | $27.04M | $26.86M | $30.22M | $27.48M | $26.50M | $28.06M | $32.31M | $29.26M | $26.88M | $26.78M | $24.97M | $26.06M | $24.46M | $24.27M | $19.69M | $20.48M | $18.35M | $16.58M | $3.59M | $17.38M | $18.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | -0.92% | -0.88% | 3.67% | 0.91% | 2.61% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.40M | $-25.77M | $-25.25M | $20.33M | $-42.75M | $25.06M | $35.47M | $40.34M | $35.67M | $31.08M | $30.09M | $28.86M | $31.19M | $28.93M | $-34.57M | $24.51M | $23.86M |
| Avg Forecast | $21.35M | $21.28M | $20.50M | $19.69M | $21.11M | $21.25M | $20.14M | $15.28M | $5.67M | $23.59M | $-118.74M | $39.99M | $25.83M | $2.99M | $10.08M | $36.35M | $70.37M | $31.78M | $29.07M | $33.05M | $4.64M | $32.77M | $33.94M | $27.73M | $33.57M | $30.36M | $29.06M | $-33.77M | $29.30M | $30.15M |
| High Forecast | $22.78M | $22.71M | $21.87M | $21.01M | $22.52M | $22.67M | $21.49M | $16.30M | $6.05M | $23.60M | $-112.36M | $47.99M | $27.56M | $6.39M | $10.76M | $43.63M | $84.44M | $31.78M | $29.07M | $39.66M | $4.64M | $32.77M | $33.94M | $33.28M | $33.57M | $30.36M | $29.06M | $-27.01M | $29.30M | $30.15M |
| Low Forecast | $20.20M | $20.14M | $19.40M | $18.63M | $19.97M | $20.10M | $19.05M | $14.45M | $5.37M | $23.59M | $-126.70M | $31.99M | $24.44M | $-4.62M | $9.54M | $29.08M | $56.30M | $31.78M | $29.07M | $26.44M | $4.64M | $32.77M | $33.94M | $22.19M | $33.57M | $30.36M | $29.06M | $-40.52M | $29.30M | $30.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.16% | -2.56% | -0.69% | 0.29% | -1.35% | 0.86% | 1.07% | 8.69% | 1.09% | 0.92% | 1.09% | 0.86% | 1.03% | 1.00% | 1.02% | 0.84% | 0.79% |
KKR Real Estate Finance Trust's average Quarter net income forecast for Dec 23 is $25.83M, with a range of $24.44M to $27.56M. KREF's average Quarter net income forecast represents a 20.69% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.79M | $4.71M | $4.69M | $4.58M | $4.29M | $4.31M | $4.45M | $3.38M | $3.05M | $3.16M | $2.94M | $2.86M | $3.20M | $3.48M | $3.00M | $2.68M | $1.99M |
| Avg Forecast | $5.90M | $5.69M | $5.49M | $5.30M | $3.64M | $3.60M | $3.58M | $3.58M | $4.41M | $4.76M | $4.73M | $5.01M | $5.13M | $4.89M | $5.16M | $4.56M | $5.90M | $4.74M | $4.72M | $4.14M | $4.59M | $4.31M | $4.28M | $2.71M | $3.61M | $3.23M | $2.92M | $2.93M | $3.06M | $3.23M |
| High Forecast | $6.21M | $5.99M | $5.77M | $5.57M | $3.83M | $3.79M | $3.77M | $3.74M | $4.65M | $4.76M | $4.73M | $6.02M | $5.41M | $5.38M | $5.42M | $5.47M | $7.08M | $4.74M | $4.72M | $4.97M | $4.59M | $4.31M | $4.28M | $3.25M | $3.61M | $3.23M | $2.92M | $3.52M | $3.06M | $3.23M |
| Low Forecast | $5.66M | $5.46M | $5.26M | $5.08M | $3.49M | $3.45M | $3.43M | $3.42M | $4.17M | $4.76M | $4.73M | $4.01M | $4.84M | $4.67M | $4.94M | $3.65M | $4.72M | $4.74M | $4.72M | $3.31M | $4.59M | $4.31M | $4.28M | $2.17M | $3.61M | $3.23M | $2.92M | $2.35M | $3.06M | $3.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.91% | 1.03% | 0.78% | 0.90% | 0.91% | 1.07% | 0.74% | 0.71% | 0.74% | 1.09% | 0.79% | 0.99% | 1.19% | 1.02% | 0.87% | 0.62% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $-0.37 | $-0.37 | $0.21 | $-0.62 | $0.28 | $0.47 | $0.68 | $0.57 | $0.53 | $0.52 | $0.52 | $0.56 | $0.52 | $-0.61 | $0.43 | $0.41 |
| Avg Forecast | $0.31 | $0.31 | $0.30 | $0.28 | $0.30 | $0.31 | $0.29 | $0.22 | $0.08 | $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 | $0.31 | $0.30 | $0.32 | $0.33 | $0.31 | $0.23 | $0.09 | $0.34 | $-1.62 | $0.34 | $0.40 | $0.09 | $0.15 | $0.49 | $0.54 | $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 |
| Low Forecast | $0.29 | $0.29 | $0.28 | $0.27 | $0.29 | $0.29 | $0.27 | $0.21 | $0.08 | $0.34 | $-1.82 | $0.34 | $0.35 | $-0.07 | $0.14 | $0.43 | $0.48 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.20% | -2.55% | -0.81% | 0.42% | -1.35% | 0.67% | 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 $0.35 and a high estimate of $0.40. 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 | $7.12 | $11.50 | 61.52% | Hold |
| ARI | Apollo Commercial Real Estate Finance | $9.13 | $13.50 | 47.86% | - |
| KREF | KKR Real Estate Finance Trust | $11.53 | $16.17 | 40.24% | Buy |
| REFI | Chicago Atlantic Real Estate Finance | $15.79 | $20.00 | 26.66% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.37 | $8.00 | 25.59% | Buy |
| RC | Ready Capital | $7.11 | $8.50 | 19.55% | Hold |
| LADR | Ladder Capital | $11.66 | $13.25 | 13.64% | Buy |
| EFC | Ellington Financial | $12.21 | $13.50 | 10.57% | Buy |
| ARR | ARMOUR Residential REIT | $19.02 | $11.50 | -39.54% | Hold |