Zacks Research Downgrades NexPoint Real Estate Finance (NYSE:NREF) to Strong Sell

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

NREF has been the subject of several other research reports. Weiss Ratings upgraded shares of NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Piper Sandler boosted their price objective on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the company a “neutral” rating in a report on Friday, August 7th. Keefe, Bruyette & Woods upped their target price on shares of 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. Finally, Wall Street Zen downgraded NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $16.75.

NexPoint Real Estate Finance Trading Up 1.8%

NREF stock opened at $17.49 on Tuesday. NexPoint Real Estate Finance has a 1-year low of $12.36 and a 1-year high of $18.43. The business has a 50 day simple moving average of $16.29 and a two-hundred day simple moving average of $15.16. 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 company has a market capitalization of $329.69 million, a price-to-earnings ratio of 7.38 and a beta of 1.11.

NexPoint Real Estate Finance (NYSE:NREF) last issued its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. NexPoint Real Estate Finance had a net margin of 107.93% and a return on equity of 12.72%. The firm 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. Research analysts anticipate that NexPoint Real Estate Finance will post 1.58 EPS for the current fiscal year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Hedge funds have recently made changes to their positions in the company. Strs Ohio acquired a new position in shares of NexPoint Real Estate Finance in the first quarter valued at about $26,000. Public Employees Retirement System of Ohio purchased a new position in shares of NexPoint Real Estate Finance in the 3rd quarter valued at about $28,000. BNP Paribas Financial Markets raised its stake in shares of NexPoint Real Estate Finance by 152.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,796 shares of the company’s stock worth $40,000 after buying an additional 1,689 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in NexPoint Real Estate Finance during the third quarter worth $50,000. Finally, SG Americas Securities LLC acquired a new position in shares of NexPoint Real Estate Finance during the 1st quarter worth about $107,000. 67.79% of the stock is owned by institutional investors and hedge funds.

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.