NexPoint Real Estate Finance (NYSE:NREF) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of NexPoint Real Estate Finance (NYSE:NREF) from a strong sell rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Several other brokerages also recently commented on NREF. Weiss Ratings downgraded NexPoint Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Piper Sandler reduced their target price on NexPoint Real Estate Finance from $15.00 to $14.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Wall Street Zen upgraded NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Keefe, Bruyette & Woods lifted their target price on NexPoint Real Estate Finance from $14.00 to $15.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, NexPoint Real Estate Finance presently has a consensus rating of “Hold” and a consensus price target of $14.50.

NexPoint Real Estate Finance Stock Down 1.8%

NREF stock opened at $14.62 on Tuesday. The company has a quick ratio of 148.83, a current ratio of 148.83 and a debt-to-equity ratio of 1.29. The business has a 50 day moving average price of $14.92 and a two-hundred day moving average price of $14.54. The company has a market cap of $275.55 million, a price-to-earnings ratio of 5.58 and a beta of 1.12. NexPoint Real Estate Finance has a twelve month low of $12.36 and a twelve month high of $16.13.

NexPoint Real Estate Finance (NYSE:NREF) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The firm had revenue of $32.63 million during the quarter, compared to the consensus estimate of $11.19 million. NexPoint Real Estate Finance had a return on equity of 13.14% and a net margin of 117.74%.NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. Analysts anticipate that NexPoint Real Estate Finance will post 1.61 EPS for the current fiscal year.

NexPoint Real Estate Finance Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 13.7%. The ex-dividend date is Monday, June 15th. NexPoint Real Estate Finance’s payout ratio is currently 76.34%.

Institutional Trading of NexPoint Real Estate Finance

Several hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP lifted its holdings in NexPoint Real Estate Finance by 3.9% during the 3rd quarter. Two Sigma Investments LP now owns 20,511 shares of the company’s stock worth $291,000 after purchasing an additional 776 shares during the last quarter. Barclays PLC lifted its holdings in NexPoint Real Estate Finance by 4.3% during the 4th quarter. Barclays PLC now owns 22,858 shares of the company’s stock worth $322,000 after purchasing an additional 951 shares during the last quarter. Berkeley Capital Partners LLC lifted its holdings in NexPoint Real Estate Finance by 2.6% during the 4th quarter. Berkeley Capital Partners LLC now owns 40,909 shares of the company’s stock worth $576,000 after purchasing an additional 1,049 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in NexPoint Real Estate Finance by 11.3% during the 3rd quarter. Alliancebernstein L.P. now owns 13,840 shares of the company’s stock worth $196,000 after purchasing an additional 1,400 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in NexPoint Real Estate Finance by 152.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,796 shares of the company’s stock worth $40,000 after purchasing an additional 1,689 shares during the last quarter. 67.79% of the stock is owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Company Profile

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.