NexPoint Real Estate Finance (NYSE:NREF) Given New $14.00 Price Target at Piper Sandler

NexPoint Real Estate Finance (NYSE:NREF) had its target price cut by research analysts at Piper Sandler from $15.00 to $14.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s price target suggests a potential upside of 6.42% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research note on Friday, March 27th. Zacks Research downgraded shares of NexPoint Real Estate Finance from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of NexPoint Real Estate Finance from $14.50 to $14.00 and set a “market perform” rating on the stock in a research report on Thursday, January 8th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, NexPoint Real Estate Finance currently has an average rating of “Reduce” and a consensus price target of $14.00.

NexPoint Real Estate Finance Trading Down 2.3%

NYSE:NREF traded down $0.32 on Thursday, reaching $13.16. The company’s stock had a trading volume of 3,660 shares, compared to its average volume of 57,252. NexPoint Real Estate Finance has a 1-year low of $12.14 and a 1-year high of $16.06. The business’s 50-day moving average price is $14.32 and its two-hundred day moving average price is $14.16. The firm has a market cap of $233.13 million, a PE ratio of 4.54 and a beta of 1.18. The company has a debt-to-equity ratio of 1.23, a quick ratio of 175.70 and a current ratio of 175.70.

NexPoint Real Estate Finance (NYSE:NREF) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The firm had revenue of $31.83 million for the quarter, compared to the consensus estimate of $11.64 million. NexPoint Real Estate Finance had a return on equity of 15.63% and a net margin of 122.60%.NexPoint Real Estate Finance has set its Q1 2026 guidance at 0.310-0.360 EPS. Equities research analysts anticipate that NexPoint Real Estate Finance will post 1.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Large investors have recently made changes to their positions in the company. Copley Financial Group Inc. increased its position in NexPoint Real Estate Finance by 200.2% during the third quarter. Copley Financial Group Inc. now owns 113,834 shares of the company’s stock worth $1,614,000 after acquiring an additional 75,918 shares during the period. Russell Investments Group Ltd. boosted its holdings in NexPoint Real Estate Finance by 127.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 13,043 shares of the company’s stock valued at $180,000 after purchasing an additional 7,306 shares during the period. Invesco Ltd. acquired a new position in shares of NexPoint Real Estate Finance during the 4th quarter worth approximately $167,000. Wells Fargo & Company MN increased its holdings in shares of NexPoint Real Estate Finance by 46.4% during the fourth quarter. Wells Fargo & Company MN now owns 8,581 shares of the company’s stock worth $121,000 after purchasing an additional 2,718 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of NexPoint Real Estate Finance during the third quarter worth approximately $50,000. Institutional investors 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.