NexPoint Real Estate Finance, Inc. (NYSE:NREF) Shareholders to Get $0.50 Quarterly Dividend

NexPoint Real Estate Finance, Inc. (NYSE:NREF – Get Free Report) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.50 per share on Thursday, December 31st. This represents a $2.00 annualized dividend and a yield of 12.9%. The ex-dividend date of this dividend is Tuesday, December 15th.

NexPoint Real Estate Finance has raised its dividend by an average of 0.1% annually over the last three years. NexPoint Real Estate Finance has a payout ratio of 99.5% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect NexPoint Real Estate Finance to earn $1.67 per share next year, which means the company may not be able to cover its $2.00 annual dividend with an expected future payout ratio of 119.8%.

NexPoint Real Estate Finance Stock Performance

Shares of NREF stock opened at $15.48 on Wednesday. The firm has a fifty day moving average of $16.32 and a 200-day moving average of $15.39. NexPoint Real Estate Finance has a 52-week low of $12.36 and a 52-week high of $18.43.

NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The business had revenue of $27.34 million during 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 expect that NexPoint Real Estate Finance will post 1.59 earnings per share for the current year.

Institutional Trading of NexPoint Real Estate Finance

Several hedge funds have recently bought and sold shares of NREF. BlackRock Inc. bought a new position in shares of NexPoint Real Estate Finance during the second quarter worth about $9,676,000. Independent Financial Group LLC bought a new position in shares of NexPoint Real Estate Finance during the 1st quarter worth approximately $3,229,000. HighTower Advisors LLC boosted its holdings in NexPoint Real Estate Finance by 17.0% during the second quarter. HighTower Advisors LLC now owns 32,413 shares of the company’s stock worth $502,000 after purchasing an additional 4,703 shares during the last quarter. Cetera Investment Advisers grew its position in NexPoint Real Estate Finance by 83.2% in the first quarter. Cetera Investment Advisers now owns 36,556 shares of the company’s stock valued at $492,000 after purchasing an additional 16,602 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new position in NexPoint Real Estate Finance in the second quarter valued at $402,000. 67.79% of the stock is currently owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Company Profile

(Get Free Report)

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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Dividend History for NexPoint Real Estate Finance (NYSE:NREF)

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