NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) had its price target boosted by equities researchers at Piper Sandler from $15.00 to $16.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Piper Sandler’s price target points to a potential upside of 2.90% from the stock’s current price.
Other research analysts also recently issued reports about 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. Zacks Research raised shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Keefe, Bruyette & Woods upped their price objective on NexPoint Real Estate Finance from $14.00 to $15.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings lowered NexPoint Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 16th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, NexPoint Real Estate Finance currently has a consensus rating of “Hold” and a consensus target price of $15.50.
Check Out Our Latest Report on NexPoint Real Estate Finance
NexPoint Real Estate Finance Trading Up 0.3%
NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. The company had revenue of $32.63 million for the quarter, compared to the consensus estimate of $11.19 million. NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. Equities research analysts anticipate that NexPoint Real Estate Finance will post 1.61 EPS for the current year.
Institutional Trading of NexPoint Real Estate Finance
A number of institutional investors have recently modified their holdings of NREF. Strs Ohio bought a new position in NexPoint Real Estate Finance in the 1st quarter worth approximately $26,000. Public Employees Retirement System of Ohio bought a new position in shares of NexPoint Real Estate Finance in the third quarter worth $28,000. BNP Paribas Financial Markets boosted its holdings in shares of NexPoint Real Estate Finance by 152.6% in the third 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of NexPoint Real Estate Finance in the third quarter valued at $50,000. Finally, Daytona Street Capital LLC bought a new stake in shares of NexPoint Real Estate Finance during the 4th quarter valued at $99,000. 67.79% of the stock is currently owned by hedge funds and other institutional investors.
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.
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