What Is KKR Real Estate Finance Trust I (KREF) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, KKR Real Estate Finance Trust I is potentially undervalued at its current price of $7.36. Based on our 13-model framework, KKR Real Estate Finance Trust I's intrinsic value is estimated at a composite fair value of $16.80 — representing +128.2% implied upside — with 9 out of 11 active models confirming this thesis. Model dispersion is worth noting: Bayesian DCF targets $41.39 (+462.4%), versus EPV at $2.57 (-65.0%). This +527.4% range highlights the importance of multi-model analysis rather than relying on any single methodology.
What Do the Models Say About KREF?
11 of 13 models are currently active for KREF. Of these, 9 models suggest upside while 2 models suggest overvaluation. The Bayesian DCF estimates KREF's intrinsic value at $41.39, implying +462.4% upside from the current price. See which stocks rank higher →
How Does KREF Rank in Real Estate Investment Trusts?
Among 183 Real Estate Investment Trusts stocks, KREF ranks #171 by Quality of Company score. CirclFi's QOC score of 4.8/10 evaluates 32 fundamental signals. A score of 4.8 reflects mixed fundamentals.
See all Most Undervalued Real Estate Investment Trusts Stocks →
KKR Real Estate Finance Trust I's positioning within the Real Estate Investment Trusts segment means that funds from operations (FFO) plays an outsized role in fundamental analysis. The sector's unique characteristics — including tenant credit quality — shape both the opportunity set and risk profile.
Is KREF a Value Trap?
CirclFi's Value Trap algorithm assigns KREF a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
11 of 13 models are active for KKR Real Estate Finance Trust I. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi Quality of Company (QOC) framework, KKR Real Estate Finance Trust I earns a quality score of 4.8/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.
The gap between the most bullish and bearish model spans +527.4% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every KREF valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across KREF's 11 active models, average confidence is 35%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →
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