
KREF Stock Forecast & Price Target
KREF Analyst Ratings
Bulls say
KKR Real Estate Finance Trust Inc. reported a leverage ratio of 3.9x as of March 31, which reflects a slight increase from 3.6x at the end of the previous year, indicating prudent use of debt in financing its operations. The company's loan portfolio increased to $6.1 billion, marking a 3.8% growth from $5.9 billion at the end of December, demonstrating strong demand for its mortgage loans secured by high-quality commercial real estate assets. Additionally, the outlook for commercial real estate remains positive, supported by a favorable regulatory environment and anticipated strong borrower demand for transitional capital, suggesting a solid foundation for future earnings growth.
Bears say
KKR Real Estate Finance Trust Inc. has exhibited a 7.4% decline in share price on an x-dividend basis in 2025, slightly underperforming the median price decline of 7.2% in the CMREIT peer group and contrasting sharply with a 1.4% gain in the S&P 500. The company's book value per share has decreased from $14.76 to $14.44, primarily due to increased reserves related to Current Expected Credit Loss (CECL) standards, reflecting challenges in credit performance amid difficult macroeconomic conditions. Additionally, the projected distributable earnings for 2025 have been revised downwards from $0.70 per share to $0.50, while the first quarter reported a GAAP loss of $0.15 per share, indicating ongoing financial struggles.
This aggregate rating is based on analysts' research of KKR Real Estate Finance Trust and is not a guaranteed prediction by Public.com or investment advice.
KREF Analyst Forecast & Price Prediction
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