NexPoint Real Estate Finance (NYSE:NREF) Price Target Raised to $16.00

NexPoint Real Estate Finance (NYSE:NREF) had its price objective increased by Keefe, Bruyette & Woods from $15.00 to $16.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Several other brokerages also recently weighed in on NREF. Zacks Research upgraded NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Wall Street Zen upgraded NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. 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, Piper Sandler increased their target price on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the company a “neutral” rating in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $16.75.

NexPoint Real Estate Finance Stock Performance

NexPoint Real Estate Finance stock opened at $16.90 on Tuesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 148.83 and a current ratio of 148.83. NexPoint Real Estate Finance has a one year low of $12.36 and a one year high of $18.43. The stock’s 50 day moving average price is $16.18 and its 200 day moving average price is $15.09. The firm has a market capitalization of $318.56 million, a PE ratio of 7.13 and a beta of 1.11.

NexPoint Real Estate Finance (NYSE:NREF) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $27.34 million for the quarter, compared to analyst estimates of $14.57 million. NexPoint Real Estate Finance had a net margin of 107.93% and a return on equity of 12.68%. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. As a group, sell-side analysts expect that NexPoint Real Estate Finance will post 1.61 EPS for the current fiscal year.

NexPoint Real Estate Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 11.8%. The ex-dividend date is Tuesday, September 15th. NexPoint Real Estate Finance’s dividend payout ratio is presently 84.39%.

Institutional Investors Weigh In On NexPoint Real Estate Finance

A number of hedge funds have recently added to or reduced their stakes in NREF. Independent Financial Group LLC acquired a new position in NexPoint Real Estate Finance during the 1st quarter valued at about $3,229,000. BlackRock Inc. acquired a new stake in shares of NexPoint Real Estate Finance in the second quarter valued at approximately $9,676,000. Deutsche Bank AG bought a new stake in shares of NexPoint Real Estate Finance during the second quarter valued at approximately $109,000. Bank of New York Mellon Corp bought a new stake in shares of NexPoint Real Estate Finance during the second quarter valued at approximately $271,000. Finally, Public Employees Retirement System of Ohio grew its holdings in NexPoint Real Estate Finance by 195.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 5,820 shares of the company’s stock worth $78,000 after buying an additional 3,850 shares in the last quarter. 67.79% of the stock is currently owned by 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.