NexPoint Real Estate Finance (NYSE:NREF) Downgraded to Strong Sell Rating by Zacks Research

Key Points

• Zacks Research downgraded NexPoint Real Estate Finance from “hold” to “strong sell,” while the broader analyst consensus stands at “Reduce” with a $16.75 target price.
• NREF opened at $17.49, above its 50-day and 200-day moving averages, and has traded between $12.36 and $18.43 over the past year.
• The company exceeded quarterly expectations with $0.46 EPS versus the $0.40 consensus and reported $27.34 million in revenue; institutional investors own 67.79% of its shares.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) was downgraded by investment analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a note issued to investors on Tuesday,Zacks.com reports.

Other analysts have also issued reports about the company. Piper Sandler lifted their price objective on 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. Wall Street Zen downgraded shares of NexPoint Real Estate Finance from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Weiss Ratings raised shares of NexPoint Real Estate Finance from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, July 1st. Finally, Keefe, Bruyette & Woods lifted their price target on shares of NexPoint Real Estate Finance from $15.00 to $16.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 11th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus target price of $16.75.

NexPoint Real Estate Finance Stock Performance

NREF stock opened at $17.49 on Tuesday. 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 company has a 50 day moving average price of $16.29 and a 200 day moving average price of $15.16. NexPoint Real Estate Finance has a fifty-two week low of $12.36 and a fifty-two week high of $18.43. The stock has a market capitalization of $329.69 million, a PE ratio of 7.38 and a beta of 1.11.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. The firm had revenue of $27.34 million for the quarter, compared to analyst estimates of $14.57 million. NexPoint Real Estate Finance had a return on equity of 12.72% and a net margin of 107.93%.NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. Analysts forecast that NexPoint Real Estate Finance will post 1.58 EPS for the current year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Concorde Asset Management LLC acquired a new position in shares of NexPoint Real Estate Finance during the 2nd quarter worth about $402,000. Public Employees Retirement System of Ohio acquired a new stake in shares of NexPoint Real Estate Finance in the 2nd quarter valued at approximately $90,000. Bank of America Corp DE acquired a new stake in shares of NexPoint Real Estate Finance in the 2nd quarter valued at approximately $363,000. Callan Family Office LLC bought a new position in NexPoint Real Estate Finance during the 2nd quarter worth approximately $189,000. Finally, BlackRock Inc. bought a new position in NexPoint Real Estate Finance during the 2nd quarter worth approximately $9,676,000. 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.

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