NexPoint Real Estate Finance (NYSE:NREF) Stock Price Target Lowered at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods lowered NexPoint Real Estate Finance’s price target from $16 to $15 while maintaining a “market perform” rating, implying 1.83% downside from the prior close.
• Analyst sentiment remains cautious: MarketBeat reports a consensus “Hold” rating and average price target of $16.25, with recent recommendations ranging from “Sell” to “Neutral.”
• NREF shares closed at $15.28 after falling $0.30, while institutional investors own 67.79% of the company. The company’s latest quarterly results beat expectations, reporting $0.46 in EPS versus a $0.40 consensus estimate.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) had its price target cut by Keefe, Bruyette & Woods from $16.00 to $15.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' price objective points to a potential downside of 1.83% from the stock's previous close.

Several other research analysts also recently weighed in on the stock. Zacks Research raised shares of NexPoint Real Estate Finance from a "strong sell" rating to a "hold" rating in a research note on Thursday, September 24th. Wall Street Zen lowered shares of NexPoint Real Estate Finance from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Weiss Ratings reissued a "hold (c)" rating on shares of NexPoint Real Estate Finance in a research note on Monday, September 28th. Finally, Piper Sandler raised their target price on shares of NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, NexPoint Real Estate Finance currently has a consensus rating of "Hold" and an average target price of $16.25.

NexPoint Real Estate Finance Price Performance

NYSE:NREF traded down $0.30 during trading hours on Friday, reaching $15.28. 20,481 shares of the company traded hands, compared to its average volume of 57,994. The company has a debt-to-equity ratio of 1.79, a current ratio of 163.94 and a quick ratio of 163.94. The firm's 50-day moving average is $16.79 and its 200-day moving average is $15.70. The stock has a market cap of $288.00 million, a P/E ratio of 6.45 and a beta of 1.10. NexPoint Real Estate Finance has a 1-year low of $12.36 and a 1-year high of $18.43.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.06. NexPoint Real Estate Finance had a return on equity of 12.72% and a net margin of 107.93%.The company had revenue of $27.34 million during the quarter, compared to analysts' expectations of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. Equities research analysts expect that NexPoint Real Estate Finance will post 1.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Large investors have recently bought and sold shares of the stock. Concorde Asset Management LLC increased its position in shares of NexPoint Real Estate Finance by 10.7% in the second quarter. Concorde Asset Management LLC now owns 25,950 shares of the company's stock worth $402,000 after acquiring an additional 2,500 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of NexPoint Real Estate Finance by 195.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 5,820 shares of the company's stock valued at $78,000 after acquiring an additional 3,850 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of NexPoint Real Estate Finance by 17.0% during the 2nd quarter. HighTower Advisors LLC now owns 32,413 shares of the company's stock valued at $502,000 after acquiring an additional 4,703 shares in the last quarter. Deutsche Bank AG purchased a new stake in NexPoint Real Estate Finance during the 2nd quarter worth $109,000. Finally, SG Americas Securities LLC purchased a new stake in NexPoint Real Estate Finance during the 1st quarter worth $107,000. Hedge funds and other institutional investors own 67.79% of the company's stock.

About NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc NYSE: NREF is a real estate investment trust focused primarily on originating, acquiring and managing commercial real estate loans and related investments. The company generally targets transitional and other commercial properties where financing can support acquisition, renovation, redevelopment or stabilization.

NexPoint's investment activities have included floating-rate mortgage loans secured by properties such as multifamily, student housing, senior housing, office, industrial, retail and hospitality assets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.