NexPoint Real Estate Finance (NYSE:NREF) Price Target Raised to $17.50

NexPoint Real Estate Finance (NYSE:NREF) had its price objective hoisted by analysts at Piper Sandler from $16.00 to $17.50 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s target price suggests a potential downside of 2.75% from the stock’s previous close.

A number of other research firms have also recently issued reports on NREF. Weiss Ratings upgraded NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Keefe, Bruyette & Woods lifted their price target on shares of NexPoint Real Estate Finance from $14.00 to $15.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. Wall Street Zen raised shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, Zacks Research upgraded shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $16.25.

NexPoint Real Estate Finance Stock Performance

NYSE NREF traded up $0.41 during midday trading on Friday, hitting $18.00. The company had a trading volume of 27,858 shares, compared to its average volume of 56,925. The firm has a fifty day simple moving average of $16.03 and a two-hundred day simple moving average of $15.00. NexPoint Real Estate Finance has a fifty-two week low of $12.36 and a fifty-two week high of $18.13. The company has a quick ratio of 148.83, a current ratio of 148.83 and a debt-to-equity ratio of 1.29. The stock has a market cap of $339.21 million, a price-to-earnings ratio of 6.87 and a beta of 1.11.

NexPoint Real Estate Finance (NYSE:NREF) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. The business had revenue of $16.54 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. Equities analysts forecast that NexPoint Real Estate Finance will post 1.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NexPoint Real Estate Finance

Several large investors have recently made changes to their positions in NREF. Strs Ohio acquired a new position in NexPoint Real Estate Finance in the first quarter valued at about $26,000. Public Employees Retirement System of Ohio bought a new stake in NexPoint Real Estate Finance during the 3rd quarter worth approximately $28,000. BNP Paribas Financial Markets grew its position in 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 acquiring an additional 1,689 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in NexPoint Real Estate Finance during the 3rd quarter valued at $50,000. Finally, SG Americas Securities LLC bought a new position in NexPoint Real Estate Finance in the 1st quarter valued at $107,000. Institutional investors own 67.79% of the company’s stock.

About NexPoint Real Estate Finance

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.