NexPoint Real Estate Finance (NYSE:NREF) Downgraded by Wall Street Zen to Sell

by · The Cerbat Gem

Wall Street Zen downgraded shares of NexPoint Real Estate Finance (NYSE:NREF – Free Report) from a hold rating to a sell rating in a report released on Saturday morning.

NREF has been the subject of several other reports. Keefe, Bruyette & Woods boosted their price objective on shares of NexPoint Real Estate Finance from $15.00 to $16.00 and gave the company a “market perform” rating in a research report on Tuesday, August 11th. Zacks Research raised shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. Piper Sandler lifted 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 note on Friday, August 7th. Finally, Weiss Ratings upgraded NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $16.75.

Get Our Latest Stock Analysis on NexPoint Real Estate Finance

NexPoint Real Estate Finance Trading Up 0.6%

Shares of NYSE NREF opened at $16.96 on Friday. NexPoint Real Estate Finance has a fifty-two week low of $12.36 and a fifty-two week high of $18.43. The company has a debt-to-equity ratio of 1.29, a quick ratio of 148.83 and a current ratio of 148.83. The company has a market cap of $319.77 million, a price-to-earnings ratio of 7.16 and a beta of 1.11. The business’s 50 day moving average price is $16.20 and its 200-day moving average price is $15.10.

NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $27.34 million during the quarter, compared to analysts’ expectations of $14.57 million. NexPoint Real Estate Finance had a return on equity of 12.68% and a net margin of 107.93%.NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. On average, sell-side analysts expect that NexPoint Real Estate Finance will post 1.61 earnings per share for the current year.

NexPoint Real Estate Finance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 11.8%. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is 84.39%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Nexpoint Asset Management L.P. raised its stake in NexPoint Real Estate Finance by 9.9% in the 4th quarter. Nexpoint Asset Management L.P. now owns 9,439,635 shares of the company’s stock worth $132,910,000 after acquiring an additional 852,271 shares during the last quarter. BlackRock Inc. acquired a new position in shares of NexPoint Real Estate Finance in the second quarter valued at about $9,676,000. Independent Financial Group LLC acquired a new position in shares of NexPoint Real Estate Finance in the first quarter valued at about $3,229,000. O Shaughnessy Asset Management LLC raised its stake in shares of NexPoint Real Estate Finance by 42.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 157,700 shares of the company’s stock worth $2,220,000 after purchasing an additional 46,679 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of NexPoint Real Estate Finance in the fourth quarter worth about $316,000. Hedge funds and other institutional investors own 67.79% of the company’s stock.

NexPoint Real Estate Finance Company Profile

(Get Free Report)

NexPoint Real Estate Finance, Inc is a publicly traded real estate investment trust (REIT) focused on originating, acquiring and managing a diversified portfolio of commercial real estate debt investments. The company seeks to generate current income and capital appreciation by providing financing solutions across the capital structure for stabilized and transitional properties. Its investments include whole loans, mezzanine loans, preferred equity and other structured credit products secured by multifamily, office, industrial, retail and hospitality assets.

Since its initial public offering in March 2021, NexPoint Real Estate Finance has closed numerous transactions with borrowers nationwide, including both institutional sponsors and privately held owners.

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