NexPoint Real Estate Finance (NYSE:NREF) Price Target Raised to $16.00 at Keefe, Bruyette & Woods

NexPoint Real Estate Finance (NYSE:NREF) had its price objective lifted by Keefe, Bruyette & Woods from $15.00 to $16.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential downside of 6.52% from the stock’s previous close.

A number of other equities analysts have also issued reports on the company. Piper Sandler raised their target price on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a “neutral” rating in a research note on Friday. Zacks Research raised NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Weiss Ratings raised NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen upgraded NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $16.75.

NexPoint Real Estate Finance Stock Performance

Shares of NexPoint Real Estate Finance stock opened at $17.12 on Tuesday. The company has a 50 day moving average price of $16.12 and a 200 day moving average price of $15.04. The firm has a market capitalization of $322.64 million, a P/E ratio of 7.22 and a beta of 1.11. The company has a quick ratio of 148.83, a current ratio of 148.83 and a debt-to-equity ratio of 1.29. 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) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The business had revenue of $16.54 million for the quarter, compared to analyst estimates of $14.57 million. NexPoint Real Estate Finance had a net margin of 107.93% and a return on equity of 12.68%. 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 1.61 EPS for the current year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in NexPoint Real Estate Finance during the second quarter worth approximately $9,676,000. Deutsche Bank AG purchased a new stake in shares of NexPoint Real Estate Finance in the second quarter valued at approximately $109,000. Bank of New York Mellon Corp acquired a new position in shares of NexPoint Real Estate Finance during the 2nd quarter worth approximately $271,000. Public Employees Retirement System of Ohio raised its stake in shares of NexPoint Real Estate Finance by 195.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 5,820 shares of the company’s stock worth $78,000 after buying an additional 3,850 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of NexPoint Real Estate Finance by 83.2% during the 1st quarter. Cetera Investment Advisers now owns 36,556 shares of the company’s stock valued at $492,000 after buying an additional 16,602 shares in the last quarter. Hedge funds and other institutional investors own 67.79% of the company’s stock.

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.