Independent Financial Group LLC Invests $3.23 Million in NexPoint Real Estate Finance, Inc. $NREF

Independent Financial Group LLC acquired a new stake in NexPoint Real Estate Finance, Inc. (NYSE:NREF) in the first quarter, Holdings Channel.com reports. The fund acquired 239,739 shares of the company’s stock, valued at approximately $3,229,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NREF. Goldman Sachs Group Inc. boosted its holdings in NexPoint Real Estate Finance by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 42,920 shares of the company’s stock valued at $656,000 after purchasing an additional 6,049 shares during the last quarter. Strs Ohio acquired a new stake in shares of NexPoint Real Estate Finance during the 1st quarter worth approximately $26,000. Geode Capital Management LLC increased its holdings in shares of NexPoint Real Estate Finance by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 201,310 shares of the company’s stock worth $2,777,000 after buying an additional 1,716 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of NexPoint Real Estate Finance by 127.3% during 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 during the period. Finally, Marshall Wace LLP raised its position in shares of NexPoint Real Estate Finance by 5.7% during 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 during the period. 67.79% of the stock is currently owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Stock Performance

Shares of NREF stock opened at $16.90 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 148.83 and a current ratio of 148.83. The firm has a market cap of $318.60 million, a P/E ratio of 6.45 and a beta of 1.11. The firm’s 50 day moving average price is $15.57 and its 200-day moving average price is $14.73. NexPoint Real Estate Finance, Inc. has a one year low of $12.36 and a one year high of $17.22.

NexPoint Real Estate Finance (NYSE:NREF) last posted its earnings results on Thursday, April 30th. The company reported $0.43 earnings per share 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, equities research analysts predict that NexPoint Real Estate Finance, Inc. will post 1.61 EPS for the current year.

NexPoint Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.8%. NexPoint Real Estate Finance’s payout ratio is presently 76.34%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Zacks Research raised NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Piper Sandler upped their price target on NexPoint Real Estate Finance from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Wall Street Zen raised NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of NexPoint Real Estate Finance from $14.00 to $15.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $15.50.

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.