Zacks Research Upgrades NexPoint Real Estate Finance (NYSE:NREF) to “Hold”

NexPoint Real Estate Finance (NYSE:NREF) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the stock. Wall Street Zen raised shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Keefe, Bruyette & Woods lifted their price objective on shares of NexPoint Real Estate Finance from $14.00 to $15.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Piper Sandler decreased their price objective on shares of NexPoint Real Estate Finance from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Finally, Weiss Ratings cut shares of NexPoint Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $14.50.

NexPoint Real Estate Finance Stock Performance

NYSE:NREF opened at $14.62 on Tuesday. The company has a fifty day simple moving average of $14.92 and a two-hundred day simple moving average of $14.54. The company has a market cap of $275.55 million, a price-to-earnings ratio of 5.58 and a beta of 1.12. The company has a quick ratio of 148.83, a current ratio of 148.83 and a debt-to-equity ratio of 1.29. NexPoint Real Estate Finance has a 52 week low of $12.36 and a 52 week high of $16.13.

NexPoint Real Estate Finance (NYSE:NREF) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. The business had revenue of $32.63 million during the quarter, compared to analysts’ expectations of $11.19 million. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. As a group, equities analysts anticipate 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

A number of institutional investors and hedge funds have recently bought and sold shares of NREF. Goldman Sachs Group Inc. lifted its position in NexPoint Real Estate Finance by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 42,920 shares of the company’s stock valued at $656,000 after acquiring an additional 6,049 shares during the last quarter. Strs Ohio purchased a new stake in NexPoint Real Estate Finance in the first quarter valued at $26,000. Geode Capital Management LLC lifted its position in NexPoint Real Estate Finance by 0.9% in the second quarter. Geode Capital Management LLC now owns 201,310 shares of the company’s stock valued at $2,777,000 after acquiring an additional 1,716 shares during the last quarter. Russell Investments Group Ltd. lifted its position in NexPoint Real Estate Finance by 127.3% in the second quarter. Russell Investments Group Ltd. now owns 13,043 shares of the company’s stock valued at $180,000 after acquiring an additional 7,306 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in NexPoint Real Estate Finance by 5.7% in the second quarter. Marshall Wace LLP now owns 56,732 shares of the company’s stock valued at $782,000 after acquiring an additional 3,071 shares during the last quarter. 67.79% of the stock is owned by hedge funds and other institutional investors.

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.