Keefe, Bruyette & Woods Cuts NexPoint Real Estate Finance (NYSE:NREF) Price Target to $14.00

NexPoint Real Estate Finance (NYSE:NREF) had its price objective decreased by Keefe, Bruyette & Woods from $14.50 to $14.00 in a research note published on Thursday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Other equities analysts have also issued reports about the stock. Wall Street Zen upgraded shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research note on Monday, December 29th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.50.

NexPoint Real Estate Finance Stock Performance

NREF opened at $14.20 on Thursday. The business has a 50 day moving average price of $14.16 and a two-hundred day moving average price of $14.19. The company has a debt-to-equity ratio of 1.23, a current ratio of 175.70 and a quick ratio of 175.70. The company has a market capitalization of $251.54 million, a price-to-earnings ratio of 5.05 and a beta of 1.19. NexPoint Real Estate Finance has a 1-year low of $12.14 and a 1-year high of $16.80.

NexPoint Real Estate Finance (NYSE:NREF) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. NexPoint Real Estate Finance had a return on equity of 17.52% and a net margin of 102.28%.The business had revenue of $71.18 million during the quarter, compared to analysts’ expectations of $11.89 million. NexPoint Real Estate Finance has set its Q4 2025 guidance at 0.430-0.530 EPS. Research analysts predict that NexPoint Real Estate Finance will post 1.48 EPS for the current fiscal year.

NexPoint Real Estate Finance Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.00 dividend on an annualized basis and a yield of 14.1%. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently 71.17%.

Insider Activity at NexPoint Real Estate Finance

In other news, Director Brian Mitts sold 11,904 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $14.51, for a total value of $172,727.04. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 55.70% of the company’s stock.

Institutional Investors Weigh In On NexPoint Real Estate Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NREF. Summit Asset Management LLC bought a new position in NexPoint Real Estate Finance during the 2nd quarter worth approximately $553,000. PFG Investments LLC bought a new position in shares of NexPoint Real Estate Finance during the second quarter worth $248,000. Ritholtz Wealth Management grew its holdings in shares of NexPoint Real Estate Finance by 3.9% in the 2nd quarter. Ritholtz Wealth Management now owns 56,632 shares of the company’s stock valued at $781,000 after buying an additional 2,111 shares during the period. MetLife Investment Management LLC bought a new stake in shares of NexPoint Real Estate Finance in the 1st quarter valued at $74,000. Finally, Copley Financial Group Inc. raised its stake in NexPoint Real Estate Finance by 243.1% during the 2nd quarter. Copley Financial Group Inc. now owns 37,916 shares of the company’s stock worth $523,000 after buying an additional 26,865 shares during the period. Institutional investors own 67.79% of the company’s stock.

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.