KREF

Over the past six months, KREF's stock has experienced several notable events. As of September 30, 2026, the stock's total return over the preceding 12 months was -23.68%, and it was down 18.91% year-to-date. In July 2026, KKR Real Estate Finance Trust reported a second-quarter loss and a lower book value, as management indicated a continued repositioning of its portfolio and an increase in reserves against troubled assets. Despite this, the company declared preferred stock dividends in July 2026 and a quarterly common stock dividend in September 2026. Analyst sentiment has seen fluctuations, with the average one-year price target decreasing by 13.33% to $6.63 per share in April 2026 from a prior estimate of $7.65. However, by September 2026, the average one-year price target was revised upwards by 16.49% to $9.31 per share from an August 2026 estimate of $7.99. August 2026 also saw surging earnings estimates, signaling potential upside for the company.