NexPoint Real Estate Finance, Inc. (NYSE:NREF) Stock to Pay Quarterly Dividend of $0.50

NexPoint Real Estate Finance, Inc. (NYSE:NREF – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.50 per share on Thursday, December 31st. This represents a $2.00 annualized dividend and a yield of 12.9%. The ex-dividend date is Tuesday, December 15th.

NexPoint Real Estate Finance has increased its dividend by an average of 0.1% annually over the last three years. NexPoint Real Estate Finance has a payout ratio of 99.5% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect NexPoint Real Estate Finance to earn $1.67 per share next year, which means the company may not be able to cover its $2.00 annual dividend with an expected future payout ratio of 119.8%.

NexPoint Real Estate Finance Price Performance

Shares of NexPoint Real Estate Finance stock opened at $15.47 on Wednesday. The stock has a 50 day moving average of $16.32 and a 200 day moving average of $15.39. NexPoint Real Estate Finance has a 12 month low of $12.36 and a 12 month high of $18.43.

NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $27.34 million for the quarter, compared to analysts’ expectations of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. As a group, analysts forecast that NexPoint Real Estate Finance will post 1.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Several institutional investors and hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio grew its holdings in NexPoint Real Estate Finance by 195.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 5,820 shares of the company’s stock valued at $78,000 after buying an additional 3,850 shares during the period. SG Americas Securities LLC purchased a new stake in shares of NexPoint Real Estate Finance in the first quarter worth about $107,000. Deutsche Bank AG acquired a new stake in shares of NexPoint Real Estate Finance in the second quarter valued at about $109,000. PFG Investments LLC acquired a new stake in shares of NexPoint Real Estate Finance in the first quarter valued at about $152,000. Finally, Callan Family Office LLC acquired a new stake in shares of NexPoint Real Estate Finance in the second quarter valued at about $189,000. Hedge funds and other institutional investors own 67.79% of the company’s stock.

NexPoint Real Estate Finance Company Profile

(Get Free Report)

NexPoint Real Estate Finance, Inc (NYSE:NREF) is a real estate finance company organized as a mortgage real estate investment trust. The company focuses on generating income through investments in commercial real estate debt and related credit instruments rather than directly operating properties.

Its investment activities have included transitional mortgage loans, senior and subordinate loans, mezzanine loans, preferred equity investments, and commercial mortgage-backed securities. NexPoint Real Estate Finance has emphasized lending and investment opportunities tied primarily to multifamily and other commercial real estate assets in the United States.

The company was formed in 2015 and became a publicly traded company in 2020.

See Also

Dividend History for NexPoint Real Estate Finance (NYSE:NREF)

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