NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) had its price objective upped by equities research analysts at Piper Sandler from $15.00 to $16.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Piper Sandler’s price target indicates a potential upside of 2.90% from the company’s current price.
Several other equities research analysts have also issued reports on NREF. Keefe, Bruyette & Woods lifted their price objective on NexPoint Real Estate Finance from $14.00 to $15.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Wall Street Zen upgraded shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings downgraded shares of NexPoint Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, June 16th. Finally, Zacks Research raised shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, NexPoint Real Estate Finance presently has a consensus rating of “Hold” and an average price target of $15.50.
Check Out Our Latest Research Report on NREF
NexPoint Real Estate Finance Stock Performance
NexPoint Real Estate Finance (NYSE:NREF – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $32.63 million during the quarter, compared to the consensus estimate of $11.19 million. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. As a group, analysts expect that NexPoint Real Estate Finance will post 1.61 earnings per share for the current fiscal year.
Institutional Trading of NexPoint Real Estate Finance
A number of hedge funds have recently bought and sold shares of NREF. Nexpoint Asset Management L.P. boosted its stake in NexPoint Real Estate Finance by 9.9% in the fourth quarter. Nexpoint Asset Management L.P. now owns 9,439,635 shares of the company’s stock worth $132,910,000 after buying an additional 852,271 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of NexPoint Real Estate Finance during the first quarter worth approximately $3,229,000. Copley Financial Group Inc. raised its stake in shares of NexPoint Real Estate Finance by 200.2% during the third quarter. Copley Financial Group Inc. now owns 113,834 shares of the company’s stock worth $1,614,000 after acquiring an additional 75,918 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of NexPoint Real Estate Finance by 42.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 157,700 shares of the company’s stock worth $2,220,000 after acquiring an additional 46,679 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in shares of NexPoint Real Estate Finance by 43.5% in the 4th quarter. Ritholtz Wealth Management now owns 96,697 shares of the company’s stock worth $1,361,000 after acquiring an additional 29,291 shares during the last quarter. 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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