KKR REAL ESTATE FINANCE TRUS (KREF) Forecast, Price Target & Analyst Ratings

NYSE:KREF • US48251K1007

Current stock price

6.35 USD
+0.22 (+3.59%)
At close:
6.35 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for KKR REAL ESTATE FINANCE TRUS (KREF).

Forecast Snapshot

Consensus Price Target

Price Target
$7.65
+ 20.47% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 20, 2026
Period
Q2 / 2026
EPS Estimate
$0.06
Revenue Estimate
25.271M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$7.65
Upside
+ 20.47%
From current price of $6.35 to mean target of $7.65, Based on 12 analyst forecasts
Low
$6.06
Median
$7.65
High
$9.45

Price Target Revisions

1 Month
-5.56%
3 Months
-16.26%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for KREF. The average price target is 7.65 USD. This implies a price increase of 20.47% is expected in the next year compared to the current price of 6.35.
The average price target has been revised downward by 16.26% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

KREF Current Analyst RatingKREF Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

KREF Historical Analyst RatingsKREF Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
75.00%
KREF was analyzed by 12 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about KREF.
In the previous month the buy percentage consensus was at a similar level.
KREF was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-28Wells FargoMaintains Overweight -> Overweight
2026-04-27CitizensDowngrade Market Outperform -> Market Perform
2026-04-24Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-04-16JP MorganMaintains Neutral -> Neutral
2026-04-08Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-03-23CitizensMaintains Market Outperform -> Market Outperform
2026-02-05Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-02-05BTIGDowngrade Buy -> Neutral
2026-02-05Wells FargoMaintains Overweight -> Overweight
2026-02-05JP MorganMaintains Neutral -> Neutral
2026-02-02BTIGReiterate Buy -> Buy
2026-01-08Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-10-24Wells FargoMaintains Overweight -> Overweight
2025-10-23Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-10-23JP MorganMaintains Neutral -> Neutral
2025-10-20JP MorganDowngrade Overweight -> Neutral
2025-05-20JMP SecuritiesReiterate Market Outperform -> Market Outperform
2025-04-24JMP SecuritiesMaintains Market Outperform -> Market Outperform
2025-04-16JP MorganMaintains Overweight -> Overweight
2025-02-26Citizens Capital MarketsReiterate Market Outperform -> Market Outperform
2025-01-21JP MorganMaintains Overweight -> Overweight
2025-01-14Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-12-09JP MorganMaintains Overweight -> Overweight
2024-10-30JMP SecuritiesMaintains Market Outperform -> Market Outperform
2024-10-23Raymond JamesMaintains Outperform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 20, 2026
Period
Q2 / 2026
EPS Estimate
$0.06
Revenue Estimate
25.271M
Revenue Q2Q
-16.24%
EPS Q2Q
237.70%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-3.71%
Revenue (3 Months)
-9.57%
EPS (1 Month)
0.00%
EPS (3 Months)
-40.00%

Next Earnings Summary

KREF is expected to report earnings on 7/20/2026. The consensus EPS estimate for the next earnings is 0.06 USD and the consensus revenue estimate is 25.27M USD.
The next earnings revenue estimate has been revised downward by 9.57% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
KREF revenue by date.KREF revenue by date.
661.611M
49.96%		594.136M
-10.20%		458.102M
-22.90%		102.34M
-77.66%		99.28M
-2.99%		123.93M
24.83%
EBITDA
YoY % growth
KREF ebitda by date.KREF ebitda by date.
N/A35.558M
-92.44%		-48.041M
-235.11%		301.1M
726.76%		331.81M
10.20%		350.27M
5.56%
EBIT
YoY % growth
KREF ebit by date.KREF ebit by date.
-30.947M
-182.09%		34.575M
211.72%		-50.645M
-246.48%		301.1M
694.53%		331.81M
10.20%		350.27M
5.56%
Operating Margin
KREF operating margin by date.KREF operating margin by date.
-4.68%5.82%-11.06%294.22%334.22%282.64%
EPS
YoY % growth
KREF eps by date.KREF eps by date.
0.84
-48.47%		-1.02
-221.43%		0.40
139.22%		0.61
51.47%		0.68
12.79%		0.97
41.79%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.06
237.70%		0.16
644.00%		0.16
-25.82%		0.15
349.34%		0.15
177.78%		0.14
-12.50%		0.15
-10.42%		0.22
50.00%		0.24
60.00%		0.24
71.43%		0.26
74.42%
Revenue
Q2Q % growth		25.271M
-16.24%		24.837M
-1.96%		24.582M
-4.69%		22.44M
-14.32%		22.746M
-9.99%		21.726M
-12.53%		21.012M
-14.52%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

KREF Yearly Revenue VS EstimatesKREF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
KREF Yearly EPS VS EstimatesKREF Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
34.30%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.56%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
4.39%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

KKR REAL ESTATE FINANCE TRUS / KREF Forecast FAQ

Can you provide the average price target for KKR REAL ESTATE FINANCE TRUS stock?

12 analysts have analysed KREF and the average price target is 7.65 USD. This implies a price increase of 20.47% is expected in the next year compared to the current price of 6.35.

What is the next earnings date for KREF stock?

KKR REAL ESTATE FINANCE TRUS (KREF) will report earnings on 2026-07-20.

Can you provide the consensus estimates for KKR REAL ESTATE FINANCE TRUS next earnings?

The consensus EPS estimate for the next earnings of KKR REAL ESTATE FINANCE TRUS (KREF) is 0.06 USD and the consensus revenue estimate is 25.27M USD.

What is the expected long term growth rate for KKR REAL ESTATE FINANCE TRUS (KREF)?

The expected long term growth rate for KKR REAL ESTATE FINANCE TRUS (KREF) is 2.56%.