KKR Real Estate Finance Trust Inc (KREF, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $37.87 million, and the earnings are expected to come in at $0.21 per share. The full year 2024's revenue is expected to be $155.12 million and the earnings are expected to be $0.51 per share. More detailed estimate data can be found on the Forecast page.
KKR Real Estate Finance Trust Inc (KREF, Financial) Estimates Trends
Over the past 90 days, full-year revenue estimates for KKR Real Estate Finance Trust Inc (KREF) have been revised upward from $149.9 million to $155.12 million for 2024, and from $148.58 million to $153.34 million for 2025. Similarly, earnings estimates have increased from $0 per share to $0.51 per share for 2024, and from $0.96 per share to $1.09 per share for 2025.
KKR Real Estate Finance Trust Inc (KREF, Financial) Reported History
In the previous quarter of 2024-06-30, KKR Real Estate Finance Trust Inc's (KREF) actual revenue was $40.43 million, which beat analysts' revenue expectations of $36.82 million by 9.81%. KKR Real Estate Finance Trust Inc's (KREF) actual earnings were $0.29 per share, which beat analysts' earnings expectations of -$0.212 per share by 236.79%. After releasing the results, KKR Real Estate Finance Trust Inc (KREF) was up by 14.57% in one day.
KKR Real Estate Finance Trust Inc (KREF, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for KKR Real Estate Finance Trust Inc (KREF) is $13.08 with a high estimate of $14 and a low estimate of $12. The average target implies an upside of 8.67% from the current price of $12.04.
Based on GuruFocus estimates, the estimated GF Value for KKR Real Estate Finance Trust Inc (KREF, Financial) in one year is $12.63, suggesting an upside of 4.9% from the current price of $12.04.
Based on the consensus recommendation from 6 brokerage firms, KKR Real Estate Finance Trust Inc's (KREF, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
