NexPoint Real Estate Finance (NYSE:NREF – Free Report) had its price objective lifted by Keefe, Bruyette & Woods from $14.00 to $15.00 in a report published on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.
A number of other research analysts have also commented on NREF. Zacks Research lowered shares of NexPoint Real Estate Finance from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th. Wall Street Zen lowered shares of NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Piper Sandler lowered their price objective on shares of NexPoint Real Estate Finance from $15.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research note on Friday, March 27th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, NexPoint Real Estate Finance currently has a consensus rating of “Reduce” and an average target price of $14.50.
Read Our Latest Analysis on NexPoint Real Estate Finance
NexPoint Real Estate Finance Price Performance
NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.30%. The firm had revenue of $32.63 million for the quarter, compared to analyst estimates of $11.19 million. NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. As a group, sell-side analysts expect that NexPoint Real Estate Finance will post 1.57 earnings per share for the current year.
NexPoint Real Estate Finance Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 12.5%. The ex-dividend date is Monday, June 15th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently 76.34%.
Hedge Funds Weigh In On NexPoint Real Estate Finance
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strs Ohio acquired a new position in NexPoint Real Estate Finance in the 1st quarter worth approximately $26,000. Public Employees Retirement System of Ohio acquired a new position in NexPoint Real Estate Finance in the 3rd quarter worth approximately $28,000. BNP Paribas Financial Markets boosted its stake in NexPoint Real Estate Finance by 152.6% in 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in NexPoint Real Estate Finance in the 3rd quarter worth approximately $50,000. Finally, Daytona Street Capital LLC acquired a new position in NexPoint Real Estate Finance in the 4th quarter worth approximately $99,000. Institutional investors and hedge funds own 67.79% of the company’s stock.
About NexPoint Real Estate Finance
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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