JPMorgan cuts KKR Real Estate Finance Trust stock target to USD 6.00

Published on 10/17/2026 at 19:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KREF reports results October 28, 2026. KKR Real Estate Finance Trust stock was last at USD 5.80 on October 16, 2026, down 2.85 percent on the NYSE.

Analyst target and earnings date

On October 16, JPMorgan lowered its KREF target to USD 6.00 and kept an Underweight rating.
KKR Real Estate Finance Trust plans third-quarter results for October 28, 2026.
KKR Real Estate Finance Trust stock was last at USD 5.80 on the NYSE on October 16, 2026, down 2.85 percent on the day.
The company had a USD 342.3 million market capitalization and a negative P/E ratio of 1.77 as of October 16, 2026.

KREF, US48251K1007, Illustration mit AI erstellt.

JPMorgan lowered its price target for KKR Real Estate Finance Trust from USD 7.50 to USD 6.00 on October 16, 2026, while keeping an Underweight rating, according to Markets Insider. The new target stands 3.45 percent above KREF's last quoted NYSE price of USD 5.80 on October 16, 2026 at 4:00 p.m. EDT. KKR Real Estate Finance Trust stock fell 2.85 percent on the session.

Results arrive October 28

KKR Real Estate Finance Trust plans to release its third-quarter 2026 results after the close on October 28, 2026, with a conference call scheduled for October 29 at 11:00 a.m. ET, the company said in a release carried by Business Wire. The date gives investors the next fixed checkpoint after JPMorgan's Q3 preview adjustment.

Price sits above the yearly low

The October 16 session's last quoted price of USD 5.80 was 10.48 percent above the 52-week low of USD 5.25 and 36.33 percent below the 52-week high of USD 9.11. Trading volume reached 956,615 shares against an average of 949,050, so turnover was 0.70 percent above its average. The stock's latest session decline was steeper than Starwood Property Trust's minus 1.19 percent move but less severe than Blackstone Mortgage Trust's minus 2.32 percent decline.

Valuation and mortgage REIT peers

KKR Real Estate Finance Trust had a market capitalization of USD 342.3 million and a P/E ratio of minus 1.77 as of October 16, 2026. Its negative ratio reflects the earnings denominator rather than a conventional positive valuation multiple. The company operates in the mortgage REIT segment, where credit performance, financing costs and property values remain central to the next report.

Comparison with peers

KREF: minus 2.85 percent, P/E minus 1.77, market capitalization USD 342.3 million

Blackstone Mortgage Trust (NYSE, USD): minus 2.32 percent, P/E 131.63, market capitalization USD 1.8 billion

Starwood Property Trust (NYSE, USD): minus 1.19 percent, P/E 18.29, market capitalization USD 4.6 billion

What the next report will test

The October 28 results will show whether KREF's earnings profile is improving ahead of the next analyst revisions. JPMorgan's USD 6.00 target remains a useful near-term marker, while the 52-week range shows that the stock is closer to its yearly low than its yearly high.

KREF was last at USD 5.80 on the NYSE on October 16, 2026 at 4:00 p.m. EDT, down 2.85 percent on the day.