NexPoint Real Estate Finance (NYSE:NREF) Stock Gets Price Target Cut from Keefe, Bruyette & Woods

NexPoint Real Estate Finance (NYSE:NREF) had its target price cut by Keefe, Bruyette & Woods from $16.00 to $15.00 in a research report released on Friday morning,Benzinga reports. They currently have a market perform rating on the stock.

Other research analysts have also recently issued reports about the company. Piper Sandler raised their price objective on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Wall Street Zen downgraded NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of NexPoint Real Estate Finance in a research report on Monday, September 28th. Finally, Zacks Research upgraded shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Thursday, September 24th. Four investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $16.25.

NexPoint Real Estate Finance Price Performance

NYSE NREF opened at $15.36 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 163.94 and a quick ratio of 163.94. The stock’s fifty day moving average price is $16.76 and its 200 day moving average price is $15.72. NexPoint Real Estate Finance has a 1 year low of $12.36 and a 1 year high of $18.43. The company has a market cap of $289.54 million, a price-to-earnings ratio of 6.48 and a beta of 1.10.

NexPoint Real Estate Finance (NYSE:NREF) last issued its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $27.34 million during 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. As a group, equities research analysts forecast that NexPoint Real Estate Finance will post 1.59 earnings per share for the current year.

NexPoint Real Estate Finance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend was Tuesday, September 15th. NexPoint Real Estate Finance’s payout ratio is 84.39%.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Several large investors have recently made changes to their positions in the company. Concorde Asset Management LLC grew its position in NexPoint Real Estate Finance by 10.7% during the second quarter. Concorde Asset Management LLC now owns 25,950 shares of the company’s stock valued at $402,000 after buying an additional 2,500 shares during the period. HighTower Advisors LLC increased its stake in shares of NexPoint Real Estate Finance by 17.0% in the 2nd quarter. HighTower Advisors LLC now owns 32,413 shares of the company’s stock valued at $502,000 after purchasing an additional 4,703 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in NexPoint Real Estate Finance in the 2nd quarter worth about $90,000. Bank of America Corp DE acquired a new position in NexPoint Real Estate Finance in the 2nd quarter worth about $363,000. Finally, Callan Family Office LLC purchased a new position in NexPoint Real Estate Finance during the second quarter worth approximately $189,000. 67.79% of the stock is currently owned by institutional investors and hedge funds.

About NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc (NYSE:NREF) is a real estate investment trust focused primarily on originating, acquiring and managing commercial real estate loans and related investments. The company generally targets transitional and other commercial properties where financing can support acquisition, renovation, redevelopment or stabilization.

NexPoint’s investment activities have included floating-rate mortgage loans secured by properties such as multifamily, student housing, senior housing, office, industrial, retail and hospitality assets.