NexPoint Real Estate Finance (NYSE:NREF) Given New $16.00 Price Target at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods raised NexPoint Real Estate Finance’s price target from $15.00 to $16.00 while maintaining a “market perform” rating. The new target implies 6.52% downside from the stock’s reported $17.12 price.
• NexPoint reported quarterly EPS of $0.46, beating the $0.40 consensus estimate, while revenue of $16.54 million exceeded expectations of $14.57 million. Analysts collectively maintain a “Hold” rating with an average price target of $16.75.
• Institutional investors own 67.79% of the company, with Goldman Sachs, Geode Capital Management, Russell Investments and Marshall Wace among those increasing their positions.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) had its price objective lifted by research analysts at Keefe, Bruyette & Woods from $15.00 to $16.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' price target suggests a potential downside of 6.52% from the stock's current price.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings raised shares of NexPoint Real Estate Finance from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, July 1st. Wall Street Zen upgraded NexPoint Real Estate Finance from a "sell" rating to a "hold" rating in a research report on Saturday, May 23rd. Zacks Research raised NexPoint Real Estate Finance from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 16th. Finally, Piper Sandler upped their price target on NexPoint Real Estate Finance from $16.00 to $17.50 and gave the stock a "neutral" rating in a research report on Friday. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $16.75.

NexPoint Real Estate Finance Stock Performance

Shares of NexPoint Real Estate Finance stock opened at $17.12 on Tuesday. The company has a current ratio of 148.83, a quick ratio of 148.83 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $322.64 million, a P/E ratio of 7.22 and a beta of 1.11. The business has a fifty day simple moving average of $16.12 and a two-hundred day simple moving average of $15.04. NexPoint Real Estate Finance has a 12 month low of $12.36 and a 12 month high of $18.43.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. The business had revenue of $16.54 million during the quarter, compared to the consensus estimate of $14.57 million. NexPoint Real Estate Finance had a net margin of 107.93% and a return on equity of 12.68%. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. On average, equities analysts forecast that NexPoint Real Estate Finance will post 1.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in shares of NexPoint Real Estate Finance by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 42,920 shares of the company's stock worth $656,000 after purchasing an additional 6,049 shares during the last quarter. Strs Ohio purchased a new stake in shares of NexPoint Real Estate Finance during the first quarter valued at about $26,000. Geode Capital Management LLC lifted its position in shares of NexPoint Real Estate Finance by 0.9% during the second quarter. Geode Capital Management LLC now owns 201,310 shares of the company's stock valued at $2,777,000 after buying an additional 1,716 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of NexPoint Real Estate Finance by 127.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 13,043 shares of the company's stock valued at $180,000 after buying an additional 7,306 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of NexPoint Real Estate Finance by 5.7% in the 2nd quarter. Marshall Wace LLP now owns 56,732 shares of the company's stock valued at $782,000 after buying an additional 3,071 shares in the last quarter. Hedge funds and other institutional investors own 67.79% of the company's stock.

NexPoint Real Estate Finance Company Profile

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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