Raymond James analyst Stephen Laws maintained a Buy rating on Kkr Real Estate Finance (NYSE:KREF) Trust Inc on Monday, setting a price target of $19.5, which is approximately 5.75% above the present share price of $18.44.
Laws expects Kkr Real Estate Finance Trust Inc to post earnings per share (EPS) of $0.56 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Kkr Real Estate Finance, with an average price target of $18.17.
The analysts price targets range from a high of $19.5 to a low of $17.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $38.96 million and a net profit of $0. The company's market cap is $1.02 billion.
According to TipRanks.com, Raymond James analyst Stephen Laws is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.7% and a 68.06% 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.