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NYSE:NREF

NexPoint Real Estate Finance (NREF) Stock Price, News & Analysis

$15.75
-0.89 (-5.35%)
(As of 12/29/2023 ET)
Today's Range
$15.59
$16.98
50-Day Range
$14.02
$17.09
52-Week Range
$12.53
$19.95
Volume
62,436 shs
Average Volume
46,967 shs
Market Capitalization
$271.37 million
P/E Ratio
N/A
Dividend Yield
12.70%
Price Target
$17.50

NexPoint Real Estate Finance MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.1% Upside
$17.50 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of NexPoint Real Estate Finance in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.20%
From $1.67 to $1.69 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Finance Sector

216th out of 867 stocks

Real Estate Investment Trusts Industry

34th out of 178 stocks


NREF stock logo

About NexPoint Real Estate Finance Stock (NYSE:NREF)

NexPoint Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common stock, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. NexPoint Real Estate Finance, Inc. was incorporated in 2019 and is based in Dallas, Texas.

NREF Stock Price History

NREF Stock News Headlines

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Q3 2023 Nexpoint Real Estate Finance Inc Earnings Call
Q2 2023 NexPoint Residential Trust Inc Earnings Call
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.50
High Stock Price Target
$19.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+11.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$6.75 million
Pretax Margin
-1.70%

Debt

Sales & Book Value

Annual Sales
$82.72 million
Cash Flow
$4.19 per share
Book Value
$29.94 per share

Miscellaneous

Free Float
7,978,000
Market Cap
$271.37 million
Optionable
Not Optionable
Beta
1.65
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NREF Stock Analysis - Frequently Asked Questions

Should I buy or sell NexPoint Real Estate Finance stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Real Estate Finance in the last twelve months. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NREF shares.
View NREF analyst ratings
or view top-rated stocks.

What is NexPoint Real Estate Finance's stock price target for 2024?

2 analysts have issued 12-month price targets for NexPoint Real Estate Finance's stock. Their NREF share price targets range from $16.00 to $19.00. On average, they expect the company's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for NREF
or view top-rated stocks among Wall Street analysts.

How have NREF shares performed in 2023?

NexPoint Real Estate Finance's stock was trading at $15.89 at the beginning of 2023. Since then, NREF shares have decreased by 0.9% and is now trading at $15.75.
View the best growth stocks for 2023 here
.

When is NexPoint Real Estate Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our NREF earnings forecast
.

How were NexPoint Real Estate Finance's earnings last quarter?

NexPoint Real Estate Finance, Inc. (NYSE:NREF) posted its earnings results on Thursday, April, 28th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.10. NexPoint Real Estate Finance had a positive trailing twelve-month return on equity of 9.79% and a negative net margin of 1.38%. During the same quarter in the prior year, the company earned $0.53 earnings per share.

How often does NexPoint Real Estate Finance pay dividends? What is the dividend yield for NexPoint Real Estate Finance?

NexPoint Real Estate Finance declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Friday, December 15th will be given a dividend of $0.685 per share on Friday, December 29th. This represents a $2.74 annualized dividend and a dividend yield of 17.40%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for NREF
.

Is NexPoint Real Estate Finance a good dividend stock?

NexPoint Real Estate Finance (NYSE:NREF) pays an annual dividend of $2.00 per share and currently has a dividend yield of 12.70%. NREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NREF.

What ETF holds NexPoint Real Estate Finance's stock ?

iShares Mortgage Real Estate ETF holds 114,105 shares of NREF stock, representing 0.30% of its portfolio.

What other stocks do shareholders of NexPoint Real Estate Finance own?
When did NexPoint Real Estate Finance IPO?

(NREF) raised $110 million in an initial public offering (IPO) on Friday, February 7th 2020. The company issued 5,500,000 shares at a price of $19.00-$21.00 per share. Raymond James, Keefe Bruyette & Woods (a Stifel Company) and Baird acted as the underwriters for the IPO.

How do I buy shares of NexPoint Real Estate Finance?

Shares of NREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NREF) was last updated on 12/31/2023 by MarketBeat.com Staff

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