NexPoint Real Estate Finance (NREF) to Release Quarterly Earnings on Thursday

NexPoint Real Estate Finance (NYSE:NREF) is scheduled to announce its earnings results before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

NexPoint Real Estate Finance Price Performance

NexPoint Real Estate Finance stock opened at $14.19 on Wednesday. NexPoint Real Estate Finance has a 1 year low of $12.63 and a 1 year high of $17.84. The firm has a 50 day moving average price of $14.01 and a 200 day moving average price of $13.99. The company has a market cap of $251.45 million, a price-to-earnings ratio of -25.80 and a beta of 1.61. The company has a debt-to-equity ratio of 1.52, a quick ratio of 296.17 and a current ratio of 296.17.

NexPoint Real Estate Finance Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.50 dividend. The ex-dividend date was Friday, June 14th. This represents a $2.00 dividend on an annualized basis and a yield of 14.09%. NexPoint Real Estate Finance’s payout ratio is -363.64%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on NREF shares. Piper Sandler lowered their target price on shares of NexPoint Real Estate Finance from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Monday, May 6th. Keefe, Bruyette & Woods lowered their target price on shares of NexPoint Real Estate Finance from $14.00 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, May 7th.

NexPoint Real Estate Finance Company Profile

NexPoint Real Estate Finance, Inc operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities or target assets.