KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend

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BTIG Reiterates Buy Rating on KKR Real Estate Financial Trust (KREF)

October 22, 2024 5:32 AM EDT

BTIG analyst Thomas Catherwood reiterated a Buy rating and $13.00 price target on KKR Real Estate Financial Trust (NYSE: KREF).

The analyst comments "KREF reported Distributable EPS of $0.37/sh vs. our estimate of $0.33/sh; this figure includes net realized losses of $1.8M. We estimate KREF's 3Q DE ex. realized losses to be ~$0.40/sh,... More