Keefe, Bruyette & Woods cuts KKR Real Estate Finance Trust stock target to USD 6.50

Published on 10/15/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are expected on October 21, 2026. KKR Real Estate Finance Trust stock costs EUR 5.38 on October 15, 2026 at 9:19 p.m. CEST.

Analyst target and reporting date

Keefe, Bruyette & Woods lowered its KREF target from USD 7.00 to USD 6.50 on October 9, 2026.
KKR Real Estate Finance Trust is expected to report third-quarter 2026 results on October 21, 2026.
KKR Real Estate Finance Trust stock costs EUR 5.38 at Lang & Schwarz on October 15, 2026 at 9:19 p.m. CEST.
The company had a market capitalization of USD 355.0 million and a P/E ratio of -1.83 on October 15, 2026.

KREF, US48251K1007, Illustration mit AI erstellt.

Keefe, Bruyette & Woods lowered its price target for KKR Real Estate Finance Trust from USD 7.00 to USD 6.50 on October 9, 2026, while keeping a market perform rating, as MarketBeat reported. The revised target stood 8.15 percent above the USD 6.01 NYSE price at the latest quoted time on October 15, 2026. At Lang & Schwarz, the stock was at EUR 5.38 on October 15, 2026 at 9:19 p.m. CEST.

Results date brings the next test

KKR Real Estate Finance Trust is expected to report third-quarter 2026 results after the market close on October 21, 2026, according to MarketBeat. The published forecast calls for a loss of USD 0.2817 per share and revenue of USD 18.42 million for that quarter.

Second-quarter loss shapes the backdrop

The latest reported quarter ended June 30, 2026. KKR Real Estate Finance Trust posted a net loss attributable to common shareholders of USD 121.8 million and operating cash flow of USD 14.6 million for the period. Total assets stood at USD 6.56 billion at the same date.

In the previous reported quarter, the net loss attributable to common shareholders was USD 61.9 million. The company originates, acquires and manages commercial real estate loans, with senior mortgage loans secured by institutional-quality properties forming the main business.

Price position and valuation

The NYSE quote was USD 6.01 at 1:31 p.m. EDT on October 15, 2026, up 2.65 percent from USD 5.86. MarketBeat reported a 12-month range of USD 5.25 to USD 9.10 on October 9, 2026. Its quoted market capitalization was USD 355.0 million, and the P/E ratio was -1.83 on October 15, 2026.

Comparison with peers

KREF (NYSE, USD): plus 2.65 percent, P/E -1.83, market capitalization USD 355.0 million.

Blackstone Mortgage Trust (NYSE, USD): plus 3.50 percent, P/E 137.00, market capitalization USD 1.8 billion.

Starwood Property Trust (NYSE, USD): plus 3.07 percent, P/E 18.75, market capitalization USD 4.7 billion.

Price and trading perspective

The analyst revision places attention on the October 21 results, while the latest balance-sheet figures show total assets of USD 6.56 billion and operating cash flow of USD 14.6 million for the second quarter of 2026.

KKR Real Estate Finance Trust was trading at EUR 5.38 at Lang & Schwarz on October 15, 2026 at 9:19 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of KKR Real Estate Finance Trust stock.