NexPoint Real Estate Finance (NYSE:NREF – Free Report) had its target price decreased by Piper Sandler from $15.00 to $14.00 in a research note released on Thursday,Benzinga reports. Piper Sandler currently has a neutral rating on the stock.
Several other research analysts have also recently weighed in on NREF. Weiss Ratings reissued a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research report on Friday, March 27th. Keefe, Bruyette & Woods reduced their target price on shares of NexPoint Real Estate Finance from $14.50 to $14.00 and set a “market perform” rating on the stock in a research note on Thursday, January 8th. Zacks Research lowered shares of NexPoint Real Estate Finance from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Finally, Wall Street Zen cut shares of NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NexPoint Real Estate Finance presently has a consensus rating of “Reduce” and an average target price of $14.00.
Check Out Our Latest Analysis on NREF
NexPoint Real Estate Finance Price Performance
NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.48. The business had revenue of $31.83 million during the quarter, compared to analyst estimates of $11.64 million. NexPoint Real Estate Finance had a net margin of 122.60% and a return on equity of 15.63%. NexPoint Real Estate Finance has set its Q1 2026 guidance at 0.310-0.360 EPS. As a group, sell-side analysts anticipate that NexPoint Real Estate Finance will post 1.48 EPS for the current year.
NexPoint Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 15.0%. The ex-dividend date of this dividend was Friday, March 13th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently 68.97%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Strs Ohio purchased a new position in NexPoint Real Estate Finance during the first quarter worth about $26,000. Public Employees Retirement System of Ohio acquired a new position in shares of NexPoint Real Estate Finance in the 3rd quarter worth approximately $28,000. BNP Paribas Financial Markets boosted its position 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 purchasing an additional 1,689 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in NexPoint Real Estate Finance in the 3rd quarter valued at approximately $50,000. Finally, Daytona Street Capital LLC acquired a new stake in NexPoint Real Estate Finance in the 4th quarter valued at approximately $99,000. Institutional investors and hedge funds 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.
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