JMP Securities analyst Steven Delaney maintained a Buy rating on Kkr Real Estate Finance (NYSE:KREF) Trust Inc on Tuesday, setting a price target of $22.5, which is approximately 5.14% above the present share price of $21.4.
Delaney expects Kkr Real Estate Finance Trust Inc to post earnings per share (EPS) of $0.52 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Kkr Real Estate Finance, with an average price target of $22.
The analysts price targets range from a high of $22.5 to a low of $21.5.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $33.16 million and a net profit of $0. The company's market cap is $1.19 billion.
According to TipRanks.com, JMP Securities analyst Steven Delaney is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.8% and a 84.44% 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.