KKR Real Estate Finance Trust (NYSE:KREF) Price Target Lowered to $8.00 at JPMorgan Chase & Co.

KKR Real Estate Finance Trust (NYSE:KREF) had its target price lowered by equities researchers at JPMorgan Chase & Co. from $8.50 to $8.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 9.66% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. BTIG Research lowered shares of KKR Real Estate Finance Trust from a “buy” rating to a “neutral” rating in a research report on Thursday. Zacks Research lowered shares of KKR Real Estate Finance Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday. Wells Fargo & Company cut their target price on KKR Real Estate Finance Trust from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday. Keefe, Bruyette & Woods lowered their price objective on shares of KKR Real Estate Finance Trust from $8.25 to $8.00 and set a “market perform” rating on the stock in a research report on Thursday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of KKR Real Estate Finance Trust in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $10.00.

KKR Real Estate Finance Trust Stock Down 7.4%

NYSE:KREF traded down $0.59 during mid-day trading on Thursday, reaching $7.30. The stock had a trading volume of 3,310,514 shares, compared to its average volume of 970,513. The business’s 50 day moving average is $8.33 and its 200 day moving average is $8.74. The company has a debt-to-equity ratio of 3.63, a current ratio of 423.43 and a quick ratio of 423.43. KKR Real Estate Finance Trust has a fifty-two week low of $7.22 and a fifty-two week high of $11.53. The stock has a market cap of $477.74 million, a P/E ratio of -6.95 and a beta of 0.88.

KKR Real Estate Finance Trust (NYSE:KREF) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. KKR Real Estate Finance Trust had a negative net margin of 10.80% and a negative return on equity of 1.11%. The company had revenue of $32.72 million during the quarter, compared to the consensus estimate of $26.06 million. As a group, sell-side analysts predict that KKR Real Estate Finance Trust will post 1.05 earnings per share for the current year.

Insider Buying and Selling at KKR Real Estate Finance Trust

In other news, Director Christen E.J. Lee purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was purchased at an average cost of $7.80 per share, for a total transaction of $78,000.00. Following the completion of the transaction, the director owned 229,133 shares of the company’s stock, valued at $1,787,237.40. This trade represents a 4.56% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ralph F. Rosenberg sold 125,289 shares of KKR Real Estate Finance Trust stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $8.25, for a total transaction of $1,033,634.25. The disclosure for this sale is available in the SEC filing. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On KKR Real Estate Finance Trust

Large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its position in shares of KKR Real Estate Finance Trust by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,450 shares of the company’s stock worth $30,000 after purchasing an additional 1,725 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in KKR Real Estate Finance Trust by 742.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,151 shares of the company’s stock valued at $36,000 after buying an additional 3,658 shares during the period. Allworth Financial LP lifted its position in shares of KKR Real Estate Finance Trust by 3,904.6% in the second quarter. Allworth Financial LP now owns 4,365 shares of the company’s stock worth $38,000 after buying an additional 4,256 shares during the last quarter. Cloud Capital Management LLC bought a new stake in KKR Real Estate Finance Trust in the 3rd quarter valued at $48,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of KKR Real Estate Finance Trust by 64.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,732 shares of the company’s stock valued at $50,000 after purchasing an additional 2,238 shares during the period. Institutional investors and hedge funds own 70.23% of the company’s stock.

More KKR Real Estate Finance Trust News

Here are the key news stories impacting KKR Real Estate Finance Trust this week:

• Positive Sentiment: Quarterly results beat consensus (EPS $0.22 vs. ~$0.14) and revenue topped estimates, which provides some fundamental support and shows operating resilience. Business Wire: Q4 Results
• Positive Sentiment: Management outlined a $1.5B repayment target and aggressive asset resolutions and is evaluating its dividend strategy — actions that could reduce leverage and improve credit profile if executed, supporting long-term valuation. MSN/Yahoo: Repayment and dividend story
• Neutral Sentiment: Full earnings call transcript and slide deck are available for investors to assess details on portfolio performance, asset resolutions and capital plans — useful for due diligence but not immediately market-moving by itself. Seeking Alpha: Call Transcript
• Neutral Sentiment: Wells Fargo cut its price target from $10 to $9 but kept an “overweight” rating — still signaling upside relative to current levels, though the lower PT reduces near-term enthusiasm. Benzinga: Wells Fargo PT
• Negative Sentiment: Keefe, Bruyette & Woods trimmed its price target to $8.00 and assigned a “market perform” rating, removing some upside expectations. Benzinga: Keefe PT
• Negative Sentiment: BTIG downgraded KREF from buy to neutral (more recent coverage reversed an earlier reaffirmation), which likely contributed to selling pressure from funds that track analyst sentiment. The Fly: BTIG downgrade
• Negative Sentiment: Zacks moved its rating from “hold” to “strong sell” — a sharp negative signal that likely triggered additional outflows and weighed on the share price. Zacks: Rating change

KKR Real Estate Finance Trust Company Profile

KKR Real Estate Finance Trust, Inc (NYSE: KREF) is a mortgage real estate investment trust sponsored by KKR & Co Inc The company focuses on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and real estate-related assets across the United States and select European markets.

The trust’s investment strategy is centered on lending to high-quality office, industrial, retail, multifamily and hotel properties. Its portfolio primarily consists of senior mortgage loans, mezzanine loans, floating-rate debt securities and preferred equity positions.