NexPoint Real Estate Finance (NYSE:NREF) Cut to “Strong Sell” at Zacks Research

NexPoint Real Estate Finance (NYSE:NREF) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

NREF has been the topic of a number of other research reports. Weiss Ratings raised NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Keefe, Bruyette & Woods increased their target price on NexPoint Real Estate Finance from $15.00 to $16.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 11th. Wall Street Zen cut NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Piper Sandler raised their target price on shares of NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a “neutral” rating in a report on Friday, August 7th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $16.75.

NexPoint Real Estate Finance Stock Performance

Shares of NexPoint Real Estate Finance stock opened at $17.49 on Tuesday. The company has a market capitalization of $329.69 million, a PE ratio of 7.38 and a beta of 1.11. NexPoint Real Estate Finance has a 12 month low of $12.36 and a 12 month high of $18.43. 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 stock’s fifty day simple moving average is $16.29 and its 200 day simple moving average is $15.16.

NexPoint Real Estate Finance (NYSE:NREF) last posted its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.06. NexPoint Real Estate Finance had a return on equity of 12.72% and a net margin of 107.93%.The firm had revenue of $27.34 million for the quarter, compared to analyst estimates of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. On average, research analysts predict that NexPoint Real Estate Finance will post 1.58 EPS for the current year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Hedge funds have recently made changes to their positions in the business. Nexpoint Asset Management L.P. raised its holdings in shares of NexPoint Real Estate Finance by 9.9% in the fourth quarter. Nexpoint Asset Management L.P. now owns 9,439,635 shares of the company’s stock valued at $132,910,000 after purchasing an additional 852,271 shares during the last quarter. BlackRock Inc. bought a new position in NexPoint Real Estate Finance in the second quarter valued at $9,676,000. Independent Financial Group LLC acquired a new stake in NexPoint Real Estate Finance in the 1st quarter valued at $3,229,000. O Shaughnessy Asset Management LLC lifted its position in NexPoint Real Estate Finance by 42.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 157,700 shares of the company’s stock worth $2,220,000 after buying an additional 46,679 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new stake in NexPoint Real Estate Finance during the 2nd quarter worth about $402,000. 67.79% of the stock is owned by institutional investors.

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.