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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexPoint Real Estate Finance in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NREF shares.
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4 brokerages have issued 12 month price targets for NexPoint Real Estate Finance's shares. Their NREF share price forecasts range from $16.00 to $17.50. On average, they predict the company's stock price to reach $16.75 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price.
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NexPoint Real Estate Finance's stock was trading at $15.89 on January 1st, 2023. Since then, NREF shares have decreased by 14.6% and is now trading at $13.57.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our NREF earnings forecast.

NexPoint Real Estate Finance, Inc. (NYSE:NREF) announced its quarterly earnings data on Thursday, April, 28th. The company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.10. NexPoint Real Estate Finance had a net margin of 3.03% and a trailing twelve-month return on equity of 11.28%. During the same period in the prior year, the company earned $0.53 earnings per share.

NexPoint Real Estate Finance declared a None dividend on Wednesday, April 26th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.685 per share on Friday, June 30th. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Wednesday, June 14th.
Read our dividend analysis for NREF.

ETFs with the largest weight of NexPoint Real Estate Finance (NYSE:NREF) stock in their portfolio include Invesco Raymond James SB-1 Equity ETF (RYJ).iShares Mortgage Real Estate ETF (REM).

NexPoint Real Estate Finance (NYSE:NREF) pays an annual dividend of $2.00 per share and currently has a dividend yield of 14.74%. NREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 20,020.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NREF will have a dividend payout ratio of 108.70% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NREF.

NexPoint Real Estate Finance updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.41-$0.51 for the period, compared to the consensus earnings per share estimate of $0.50. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Real Estate Finance investors own include BlackRock Multi-Sector Income Trust (BIT), Brookfield Infrastructure Partners (BIP), B&G Foods (BGS), Brookfield Renewable (BEPC), Brookfield Renewable Partners (BEP), Ares Dynamic Credit Allocation Fund (ARDC), Ares Capital (ARCC), Algonquin Power & Utilities (AQN) and Antero Midstream (AM).

(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 served as the underwriters for the IPO.

NexPoint Real Estate Finance trades on the New York Stock Exchange (NYSE) under the ticker symbol "NREF."

NexPoint Real Estate Finance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.97%), Raymond James & Associates (1.43%), Raymond James Financial Services Advisors Inc. (1.12%), Acadian Asset Management LLC (1.07%), Geode Capital Management LLC (0.92%) and State Street Corp (0.74%). Insiders that own company stock include Brian Mitts, Catherine D Wood, Dennis Charles Sauter Jr, James D Dondero, Matt Mcgraner and Matthew Goetz.
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Shares of NREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NREF stock can currently be purchased for approximately $13.57.

NexPoint Real Estate Finance (NYSE:NREF) has a market capitalization of $233.13 million and generates $82.72 million in revenue each year. The company earns $6.75 million in net income (profit) each year or $0.01 on an earnings per share basis.

NexPoint Real Estate Finance's mailing address is 300 CRESCENT COURT SUITE 700, DALLAS TX, 75201. The official website for the company is www.nexpointfinance.com. The company can be reached via phone at 214-276-6300 or via email at jgraham@nexpointadvisors.com.