NexPoint Real Estate Finance (NREF) Stock Price, News & Analysis

Company Overview

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. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. NexPoint Real Estate Finance, Inc. was incorporated in 2019 and is based in Dallas, Texas.

Key Stats

• Today's Range: $15.77 to $16.60
• 50-Day Range: $14.20 to $17.78
• 52-Week Range: $12.63 to $18.09
• Volume: 47,514 shs
• Average Volume: 40,268 shs
• Market Capitalization: $277.80 million
• P/E Ratio: 15.15
• Dividend Yield: 12.57%
• Price Target: $13.75
• Consensus Rating: Hold

NexPoint Real Estate Finance Stock Analysis - MarketRank™

NexPoint Real Estate Finance scored higher than 61% of companies evaluated by MarketBeat, and ranked 533rd out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

NexPoint Real Estate Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NexPoint Real Estate Finance has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 50.00%

Earnings Growth

Earnings for NexPoint Real Estate Finance are expected to grow by 50.00% in the coming year, from $1.48 to $2.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NexPoint Real Estate Finance is 15.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexPoint Real Estate Finance is 15.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.60.

Price to Book Value per Share Ratio

NexPoint Real Estate Finance has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.69% of the outstanding shares of NexPoint Real Estate Finance have been sold short.

Short Interest Ratio / Days to Cover

NexPoint Real Estate Finance has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NexPoint Real Estate Finance has recently increased by 5.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

NexPoint Real Estate Finance is a leading dividend payer. It pays a dividend yield of 11.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NexPoint Real Estate Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of NexPoint Real Estate Finance is 190.48%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, NexPoint Real Estate Finance will have a dividend payout ratio of 90.09% in the coming year. This indicates that NexPoint Real Estate Finance may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.69% of the outstanding shares of NexPoint Real Estate Finance have been sold short.

Short Interest Ratio / Days to Cover

NexPoint Real Estate Finance has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NexPoint Real Estate Finance has recently increased by 5.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

NexPoint Real Estate Finance has a news sentiment score of -0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.

Search Interest

4 people have searched for NREF on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added NexPoint Real Estate Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NexPoint Real Estate Finance insiders have not sold or bought any company stock.

Percentage Held by Insiders

54.00% of the stock of NexPoint Real Estate Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

67.79% of the stock of NexPoint Real Estate Finance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NREF Stock Analysis - Frequently Asked Questions

How have NREF shares performed this year?

NexPoint Real Estate Finance's stock was trading at $15.75 on January 1st, 2024. Since then, NREF shares have increased by 4.4% and is now trading at $16.44.
View the best growth stocks for 2024 here.

How were NexPoint Real Estate Finance's earnings last quarter?

NexPoint Real Estate Finance, Inc. (NYSE:NREF) released its quarterly earnings results on Monday, August, 5th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.25. The company had revenue of $18.23 million for the quarter, compared to analysts' expectations of $3.39 million.

When did NexPoint Real Estate Finance IPO?

NexPoint Real Estate Finance (NREF) raised $110 million in an initial public offering (IPO) on Friday, February 7th 2020. The company issued 5,500,000 shares at a price of $19.00-$21.00 per share. Raymond James, Keefe Bruyette & Woods (a Stifel Company) and Baird acted as the underwriters for the IPO.

Who are NexPoint Real Estate Finance's major shareholders?

NexPoint Real Estate Finance's top institutional investors include Raymond James & Associates (1.69%), Geode Capital Management LLC (1.10%), State Street Corp (0.87%) and Penserra Capital Management LLC (0.40%). Insiders that own company stock include Matt Mcgraner, Matthew Goetz, Catherine D Wood and Dennis Charles Sauter Jr.
View institutional ownership trends.

How do I buy shares of NexPoint Real Estate Finance?

Shares of NREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NexPoint Real Estate Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NexPoint Real Estate Finance investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Verizon Communications (VZ), Advanced Micro Devices (AMD), Walmart (WMT) and Chevron (CVX).

Company Calendar

• Last Earnings: 8/05/2024
• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Today: 12/18/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:NREF
• CUSIP: N/A
• CIK: 1786248
• Web: www.nexpointfinance.com
• Phone: 214-276-6300
• Fax: N/A
• Employees: 1
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.75
• High Stock Price Target: $14.00
• Low Stock Price Target: $13.50
• Potential Upside/Downside: -15.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.05
• Trailing P/E Ratio: 15.51
• Forward P/E Ratio: 11.01
• P/E Growth: N/A
• Net Income: $13.98 million
• Net Margins: N/A
• Pretax Margin: 67.85%
• Return on Equity: 11.39%
• Return on Assets: 0.58%

Debt

• Debt-to-Equity Ratio: 1.71
• Current Ratio: 280.30
• Quick Ratio: 280.30

Sales & Book Value

• Annual Sales: $22.25 million
• Price / Sales: 12.78
• Cash Flow: $2.05 per share
• Price / Cash Flow: 7.93
• Book Value: $20.16 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 17,461,000
• Free Float: 8,032,000
• Market Cap: $284.44 million
• Optionable: Optionable
• Beta: 1.64