NexPoint Real Estate Finance (NYSE:NREF) Price Target Cut to $14.00 by Analysts at Piper Sandler

NexPoint Real Estate Finance (NYSE:NREF) had its price objective lowered by Piper Sandler from $15.00 to $14.00 in a research report report published on Thursday,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also recently commented on NREF. Wall Street Zen cut shares of NexPoint Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Weiss Ratings restated a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research note on Friday, March 27th. Zacks Research downgraded shares of NexPoint Real Estate Finance from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of NexPoint Real Estate Finance from $14.50 to $14.00 and set a “market perform” rating on the stock in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $14.00.

NexPoint Real Estate Finance Stock Up 0.1%

Shares of NREF stock opened at $13.32 on Thursday. The company has a current ratio of 175.70, a quick ratio of 175.70 and a debt-to-equity ratio of 1.23. NexPoint Real Estate Finance has a 1 year low of $12.14 and a 1 year high of $16.06. The firm’s fifty day moving average price is $14.29 and its two-hundred day moving average price is $14.15. The firm has a market capitalization of $248.86 million, a P/E ratio of 4.59 and a beta of 1.17.

NexPoint Real Estate Finance (NYSE:NREF) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. The firm had revenue of $31.83 million for the quarter, compared to analysts’ expectations of $11.64 million. NexPoint Real Estate Finance had a net margin of 122.60% and a return on equity of 15.63%. NexPoint Real Estate Finance has set its Q1 2026 guidance at 0.310-0.360 EPS. On average, equities analysts predict that NexPoint Real Estate Finance will post 1.48 EPS for the current fiscal year.

NexPoint Real Estate Finance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 15.0%. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is currently 68.97%.

Hedge Funds Weigh In On NexPoint Real Estate Finance

A number of hedge funds have recently bought and sold shares of the business. Nexpoint Asset Management L.P. raised its stake in NexPoint Real Estate Finance by 9.9% in the 4th quarter. Nexpoint Asset Management L.P. now owns 9,439,635 shares of the company’s stock worth $132,910,000 after purchasing an additional 852,271 shares in the last quarter. Copley Financial Group Inc. grew its position in shares of NexPoint Real Estate Finance by 200.2% during the 3rd quarter. Copley Financial Group Inc. now owns 113,834 shares of the company’s stock worth $1,614,000 after purchasing an additional 75,918 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of NexPoint Real Estate Finance by 42.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 157,700 shares of the company’s stock worth $2,220,000 after purchasing an additional 46,679 shares during the period. Ritholtz Wealth Management raised its position in shares of NexPoint Real Estate Finance by 43.5% in the fourth quarter. Ritholtz Wealth Management now owns 96,697 shares of the company’s stock valued at $1,361,000 after buying an additional 29,291 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of NexPoint Real Estate Finance in the fourth quarter valued at approximately $316,000. 67.79% of the stock is owned by institutional investors.

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.