NexPoint Real Estate Finance (NYSE:NREF) Stock Rating Lowered by Wall Street Zen

NexPoint Real Estate Finance (NYSE:NREF) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Other research analysts also recently issued reports about the company. Piper Sandler boosted their target price on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Keefe, Bruyette & Woods increased their price target on NexPoint Real Estate Finance from $15.00 to $16.00 and gave the company a “market perform” rating in a research note on Tuesday, August 11th. Weiss Ratings raised NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Finally, Zacks Research upgraded NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $16.75.

NexPoint Real Estate Finance Stock Up 0.1%

Shares of NYSE NREF opened at $16.96 on Friday. NexPoint Real Estate Finance has a 12-month low of $12.36 and a 12-month high of $18.43. The stock’s fifty day simple moving average is $16.20 and its two-hundred day simple moving average is $15.11. The stock has a market capitalization of $319.77 million, a PE ratio of 7.16 and a beta of 1.11. The company has a current ratio of 163.94, a quick ratio of 163.94 and a debt-to-equity ratio of 1.79.

NexPoint Real Estate Finance (NYSE:NREF) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. As a group, analysts expect that NexPoint Real Estate Finance will post 1.61 EPS for the current fiscal year.

Institutional Investors Weigh In On NexPoint Real Estate Finance

A number of large investors have recently made changes to their positions in NREF. Goldman Sachs Group Inc. raised its stake in NexPoint Real Estate Finance by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 42,920 shares of the company’s stock worth $656,000 after acquiring an additional 6,049 shares during the last quarter. Strs Ohio acquired a new stake in NexPoint Real Estate Finance during the 1st quarter worth about $26,000. Geode Capital Management LLC grew its stake in NexPoint Real Estate Finance by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 201,310 shares of the company’s stock valued at $2,777,000 after purchasing an additional 1,716 shares during the last quarter. Russell Investments Group Ltd. grew its stake in NexPoint Real Estate Finance by 127.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 13,043 shares of the company’s stock valued at $180,000 after purchasing an additional 7,306 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in NexPoint Real Estate Finance by 5.7% during the 2nd quarter. Marshall Wace LLP now owns 56,732 shares of the company’s stock valued at $782,000 after purchasing 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.