KKR Real Estate Finance Trust (KREF) – Analysts’ Recent Ratings Changes

KKR Real Estate Finance Trust (NYSE: KREF) has recently received a number of price target changes and ratings updates:

• 4/27/2026 – KKR Real Estate Finance Trust was downgraded by Citigroup Inc. from “neutral” to “market perform”.
• 4/27/2026 – KKR Real Estate Finance Trust was downgraded by Citizens Jmp from “outperform” to “market perform”.
• 4/24/2026 – KKR Real Estate Finance Trust had its price target lowered by Keefe, Bruyette & Woods from $7.00 to $6.00. They now have a “market perform” rating on the stock.
• 4/21/2026 – KKR Real Estate Finance Trust had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 4/18/2026 – KKR Real Estate Finance Trust was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/16/2026 – KKR Real Estate Finance Trust had its price target lowered by JPMorgan Chase & Co. from $8.00 to $6.50. They now have a “neutral” rating on the stock.
• 4/10/2026 – KKR Real Estate Finance Trust was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/8/2026 – KKR Real Estate Finance Trust had its price target lowered by Keefe, Bruyette & Woods from $8.00 to $7.00. They now have a “market perform” rating on the stock.
• 3/23/2026 – KKR Real Estate Finance Trust had its price target lowered by Citizens Jmp from $10.00 to $9.50. They now have a “market outperform” rating on the stock.

KKR Real Estate Finance Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.40 annualized dividend and a dividend yield of 6.8%. KKR Real Estate Finance Trust’s dividend payout ratio (DPR) is presently -53.76%.

Insider Activity

In other KKR Real Estate Finance Trust news, COO W Patrick Mattson purchased 40,000 shares of the stock in a transaction on Friday, April 24th. The shares were purchased at an average price of $6.03 per share, with a total value of $241,200.00. Following the acquisition, the chief operating officer directly owned 500,287 shares in the company, valued at approximately $3,016,730.61. The trade was a 8.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew A. Salem purchased 60,000 shares of the stock in a transaction on Friday, April 24th. The stock was acquired at an average cost of $6.04 per share, for a total transaction of $362,400.00. Following the acquisition, the chief executive officer owned 703,075 shares in the company, valued at approximately $4,246,573. This represents a 9.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.12% of the company’s stock.

KKR Real Estate Finance Trust, Inc (NYSE: KREF) is a mortgage real estate investment trust sponsored by KKR & Co Inc The company focuses on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and real estate-related assets across the United States and select European markets.

The trust’s investment strategy is centered on lending to high-quality office, industrial, retail, multifamily and hotel properties. Its portfolio primarily consists of senior mortgage loans, mezzanine loans, floating-rate debt securities and preferred equity positions.