Earnings Estimates Moving Higher for KKR Real Estate (KREF): Time to Buy?

The upward trend in estimate revisions for this real estate finance company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. Consensus earnings estimates for the next quarter and full year have moved considerably higher for KKR Real Est ...