BTIG analyst Timothy P. Hayes maintained a Buy rating on Kkr Real Estate Finance (NYSE:KREF) Trust Inc on Thursday, setting a price target of $19.5, which is approximately 7.84% below the present share price of $21.16.
P. Hayes expects Kkr Real Estate Finance Trust Inc to post earnings per share (EPS) of $0.52 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Kkr Real Estate Finance, with an average price target of $20.33.
The analysts price targets range from a high of $21.5 to a low of $19.5.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $30.2 million and a net profit of $0. The company's market cap is $1.18 billion.
According to TipRanks.com, BTIG analyst Timothy P. Hayes is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.2% and a 58.13% success rate.
KKR Real Estate Finance Trust, Inc. is a real estate finance company, which focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity and other debt-oriented instruments. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. KKR Real Estate Finance Trust was founded on October 2, 2014 and is headquartered in New York, NY.