NexPoint Real Estate Finance (NYSE:NREF) Raised to Hold at Zacks Research

NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday, Zacks reports.

NREF has been the topic of a number of other research reports. Wall Street Zen cut NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings upgraded NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Keefe, Bruyette & Woods increased their price objective on NexPoint Real Estate Finance from $15.00 to $16.00 and gave the company a “market perform” rating in a research report on Tuesday, August 11th. Finally, Piper Sandler increased their price objective on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the company a “neutral” rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $16.75.

View Our Latest Stock Report on NREF

NexPoint Real Estate Finance Trading Up 0.3%

Shares of NexPoint Real Estate Finance stock opened at $15.80 on Thursday. NexPoint Real Estate Finance has a 1 year low of $12.36 and a 1 year high of $18.43. The firm has a market cap of $297.85 million, a PE ratio of 6.67 and a beta of 1.10. 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 50 day simple moving average of $17.00 and a two-hundred day simple moving average of $15.57.

NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate 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 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. Analysts expect that NexPoint Real Estate Finance will post 1.59 earnings per share for the current fiscal year.

Institutional Trading of NexPoint Real Estate Finance

Several hedge funds have recently added to or reduced their stakes in NREF. BlackRock Inc. purchased a new stake in NexPoint Real Estate Finance during the second quarter valued at about $9,676,000. Independent Financial Group LLC bought a new stake in shares of NexPoint Real Estate Finance in the 1st quarter valued at about $3,229,000. Copley Financial Group Inc. lifted its stake in shares of NexPoint Real Estate Finance by 8.3% in the 4th quarter. Copley Financial Group Inc. now owns 123,307 shares of the company’s stock valued at $1,736,000 after acquiring an additional 9,473 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in NexPoint Real Estate Finance by 16.4% during the 1st quarter. Ritholtz Wealth Management now owns 112,588 shares of the company’s stock valued at $1,517,000 after acquiring an additional 15,891 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in NexPoint Real Estate Finance by 17.0% during the 2nd quarter. HighTower Advisors LLC now owns 32,413 shares of the company’s stock valued at $502,000 after acquiring an additional 4,703 shares during the period. 67.79% of the stock is owned by institutional investors.

NexPoint Real Estate Finance Company Profile

(Get Free Report)

NexPoint Real Estate Finance, Inc is a mortgage real estate investment trust (REIT) that originates, acquires and manages debt investments secured by commercial real estate. The company primarily focuses on transitional properties, including multifamily, student housing, seniors housing and other commercial assets that may require repositioning, renovation or stabilization.

Its investment activities may include first-lien mortgage loans, subordinate and mezzanine loans, preferred equity investments and commercial mortgage-backed securities.

Further Reading

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