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

Company Overview

NexPoint Real Estate Finance is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial real estate debt investments. Headquartered in Dallas, Texas, the company focuses on providing financing solutions to owners and operators of single-tenant and multi-tenant properties across various property types, including industrial, retail, office and healthcare facilities. Through both whole loans and structured credit strategies, NexPoint Real Estate Finance seeks to generate stable dividend income for its shareholders while preserving capital.

The company’s principal activities include the origination of first mortgage loans, mezzanine debt and preferred equity positions. By leveraging an in-house underwriting platform, NexPoint Real Estate Finance evaluates each opportunity’s underlying asset quality, tenant-credit profiles and market fundamentals. This disciplined approach allows the firm to structure tailored financing packages that support property borrowers’ business plans while mitigating downside risk through conservative loan-to-value ratios and rigorous covenants.

Since its initial public offering in mid-2020, NexPoint Real Estate Finance has expanded its portfolio across major U.S. markets, with a particular emphasis on properties in suburban and secondary markets where tenant creditworthiness and lease stability are strong. The company maintains geographic diversification by deploying capital in key regions coast to coast, including the Sun Belt, Northeast and Midwest corridors.

Externally managed by NexPoint Advisors, L.P., the firm benefits from a management team with deep experience in commercial real estate finance and credit investing. This leadership group combines decades of industry expertise in loan origination, asset management and risk oversight, supporting NexPoint Real Estate Finance’s objective of delivering consistent risk-adjusted returns to its investors.

Key Stats

• Today's Range: $14.02 to $14.42
• 50-Day Range: $13.39 to $15.81
• 52-Week Range: $12.14 to $18.09
• Volume: 57,122 shs
• Average Volume: 44,155 shs
• Market Capitalization: $254.85 million
• P/E Ratio: 6.34
• Dividend Yield: 13.90%
• Price Target: $14.50
• Consensus Rating: Hold

NexPoint Real Estate Finance Stock Analysis - MarketRank™

NexPoint Real Estate Finance scored higher than 59% of companies evaluated by MarketBeat, and ranked 547th out of 913 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 6.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexPoint Real Estate Finance is 6.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.84.

Price to Book Value per Share Ratio

NexPoint Real Estate Finance has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.80% of the float of NexPoint Real Estate Finance has been sold short.

Short Interest Ratio / Days to Cover

NexPoint Real Estate Finance has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in NexPoint Real Estate Finance has recently increased by 32.49%, 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 14.23%, 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 88.11%. 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

2.80% of the float of NexPoint Real Estate Finance has been sold short.

Short Interest Ratio / Days to Cover

NexPoint Real Estate Finance has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in NexPoint Real Estate Finance has recently increased by 32.49%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

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 $15.69 on January 1st, 2025. Since then, NREF shares have decreased by 8.3% and is now trading at $14.39.

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

NexPoint Real Estate Finance, Inc. (NYSE:NREF) announced its quarterly earnings results on Thursday, February, 27th. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.02. The firm earned $21.69 million during the quarter, compared to analysts' expectations of $11.38 million. NexPoint Real Estate Finance had a trailing twelve-month return on equity of 24.54% and a net margin of 75.32%.
Read the conference call transcript.

When did NexPoint Real Estate Finance IPO?

NexPoint Real Estate Finance (NREF) raised $110 million in an initial public offering on Friday, February 7th 2020. The company issued 5,500,000 shares at $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?

Top institutional investors of NexPoint Real Estate Finance include PFG Investments LLC (0.10%) and Kapitalo Investimentos Ltda (0.07%). Insiders that own company stock include Matt Mcgraner, Matthew Goetz, Paul Richards, 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.

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: 2/27/2025
• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Today: 7/22/2025
• Next Earnings (Estimated): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

• Average Price Target for NexPoint Real Estate Finance: $14.50
• High Price Target: $14.50
• Low Price Target: $14.50
• Potential Upside/Downside: +0.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.27
• Trailing P/E Ratio: 6.34
• Forward P/E Ratio: 9.72
• P/E Growth: N/A
• Net Income: $29.19 million
• Net Margins: 75.32%
• Pretax Margin: 79.65%
• Return on Equity: 24.54%
• Return on Assets: 1.43%

Debt

• Debt-to-Equity Ratio: 1.66
• Current Ratio: 230.81
• Quick Ratio: 230.81

Sales & Book Value

• Annual Sales: $72.51 million
• Price / Sales: 3.51
• Cash Flow: $4.18 per share
• Price / Cash Flow: 3.44
• Book Value: $19.27 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 17,710,000
• Free Float: 8,148,000
• Market Cap: $254.85 million
• Optionable: Optionable
• Beta: 1.18