NexPoint Real Estate Finance, Inc. (NYSE:NREF – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $15.40 and traded as high as $15.65. NexPoint Real Estate Finance shares last traded at $15.5610, with a volume of 56,204 shares.
Wall Street Analysts Forecast Growth
Several brokerages have commented on NREF. Piper Sandler raised their price target on shares of NexPoint Real Estate Finance from $16.00 to $17.50 and gave the company a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NexPoint Real Estate Finance in a research report on Monday, September 28th. Wall Street Zen lowered NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Keefe, Bruyette & Woods reduced their price objective on NexPoint Real Estate Finance from $16.00 to $15.00 and set a “market perform” rating on the stock in a research note on Friday, October 9th. Finally, Zacks Research upgraded NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 24th. Four analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, NexPoint Real Estate Finance has a consensus rating of “Hold” and a consensus target price of $16.25.
Get Our Latest Report on NexPoint Real Estate Finance
NexPoint Real Estate Finance Stock Up 1.7%
The company has a current ratio of 163.94, a quick ratio of 163.94 and a debt-to-equity ratio of 1.79. The company has a market cap of $293.32 million, a price-to-earnings ratio of 6.57 and a beta of 1.10. The firm’s fifty day simple moving average is $16.29 and its 200 day simple moving average is $15.40.
NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. NexPoint Real Estate Finance had a net margin of 107.93% and a return on equity of 12.72%. The company had revenue of $27.34 million for the quarter, compared to the consensus estimate of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. Sell-side analysts predict that NexPoint Real Estate Finance, Inc. will post 1.59 earnings per share for the current year.
NexPoint Real Estate Finance Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, December 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.9%. NexPoint Real Estate Finance’s payout ratio is presently 84.39%.
Hedge Funds Weigh In On NexPoint Real Estate Finance
Large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in NexPoint Real Estate Finance in the second quarter valued at $9,676,000. Independent Financial Group LLC acquired a new position in shares of NexPoint Real Estate Finance during the 1st quarter worth about $3,229,000. Cetera Investment Advisers boosted its position in shares of NexPoint Real Estate Finance by 83.2% during the 1st quarter. Cetera Investment Advisers now owns 36,556 shares of the company’s stock worth $492,000 after acquiring an additional 16,602 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of NexPoint Real Estate Finance by 17.0% during the 2nd quarter. HighTower Advisors LLC now owns 32,413 shares of the company’s stock worth $502,000 after acquiring an additional 4,703 shares in the last quarter. Finally, Concorde Asset Management LLC purchased a new position in shares of NexPoint Real Estate Finance in the 2nd quarter valued at about $402,000. Hedge funds and other institutional investors own 67.79% of the company’s stock.
NexPoint Real Estate Finance Company Profile
NexPoint Real Estate Finance, Inc (NYSE:NREF) is a real estate finance company organized as a mortgage real estate investment trust. The company focuses on generating income through investments in commercial real estate debt and related credit instruments rather than directly operating properties.
Its investment activities have included transitional mortgage loans, senior and subordinate loans, mezzanine loans, preferred equity investments, and commercial mortgage-backed securities. NexPoint Real Estate Finance has emphasized lending and investment opportunities tied primarily to multifamily and other commercial real estate assets in the United States.
The company was formed in 2015 and became a publicly traded company in 2020.
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