Keefe, Bruyette & Woods Cuts NexPoint Real Estate Finance (NYSE:NREF) Price Target to $14.00

NexPoint Real Estate Finance (NYSE:NREF) had its target price dropped by research analysts at Keefe, Bruyette & Woods from $14.50 to $14.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price points to a potential downside of 0.88% from the company’s previous close.

A number of other analysts have also recently weighed in on the company. Wall Street Zen raised NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a report on Monday, December 29th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $14.50.

NexPoint Real Estate Finance Trading Down 0.0%

NYSE NREF traded down $0.01 on Thursday, reaching $14.13. The stock had a trading volume of 19,611 shares, compared to its average volume of 55,846. The company has a quick ratio of 175.70, a current ratio of 175.70 and a debt-to-equity ratio of 1.23. The stock has a fifty day moving average price of $14.12 and a two-hundred day moving average price of $14.18. NexPoint Real Estate Finance has a 12-month low of $12.14 and a 12-month high of $16.80. The firm has a market capitalization of $250.30 million, a price-to-earnings ratio of 5.03 and a beta of 1.19.

NexPoint Real Estate Finance (NYSE:NREF) last posted its earnings results on Thursday, October 30th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. NexPoint Real Estate Finance had a return on equity of 17.52% and a net margin of 102.28%.The firm had revenue of $71.18 million for the quarter, compared to analyst estimates of $11.89 million. NexPoint Real Estate Finance has set its Q4 2025 guidance at 0.430-0.530 EPS. As a group, sell-side analysts forecast that NexPoint Real Estate Finance will post 1.48 EPS for the current fiscal year.

Insider Transactions at NexPoint Real Estate Finance

In other NexPoint Real Estate Finance news, Director Brian Mitts sold 11,904 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $14.51, for a total value of $172,727.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 55.70% of the company’s stock.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Large investors have recently made changes to their positions in the stock. Copley Financial Group Inc. grew its stake 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 valued at $1,614,000 after buying an additional 75,918 shares during the period. Summit Asset Management LLC bought a new stake in shares of NexPoint Real Estate Finance during the 2nd quarter valued at about $553,000. PFG Investments LLC acquired a new stake in NexPoint Real Estate Finance in the 2nd quarter valued at approximately $248,000. Kapitalo Investimentos Ltda acquired a new stake in shares of NexPoint Real Estate Finance during the 2nd quarter valued at $172,000. Finally, Ritholtz Wealth Management increased its holdings in shares of NexPoint Real Estate Finance by 19.0% in the 3rd quarter. Ritholtz Wealth Management now owns 67,406 shares of the company’s stock valued at $956,000 after purchasing an additional 10,774 shares during the period. Hedge funds and other 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.