Zacks Research Upgrades NexPoint Real Estate Finance (NYSE:NREF) to “Hold”

NexPoint Real Estate Finance (NYSE:NREF) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

NREF has been the subject of a number of other reports. Weiss Ratings cut shares of NexPoint Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Keefe, Bruyette & Woods upped their target price 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. Wall Street Zen raised shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, Piper Sandler reduced their target price on shares of NexPoint Real Estate Finance from $15.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, NexPoint Real Estate Finance has a consensus rating of “Hold” and a consensus target price of $14.50.

NexPoint Real Estate Finance Price Performance

Shares of NREF opened at $14.62 on Tuesday. NexPoint Real Estate Finance has a 1-year low of $12.36 and a 1-year high of $16.13. The stock has a market cap of $275.55 million, a PE ratio of 5.58 and a beta of 1.12. The company has a debt-to-equity ratio of 1.29, a current ratio of 148.83 and a quick ratio of 148.83. The firm has a fifty day moving average price of $14.92 and a 200 day moving average price of $14.54.

NexPoint Real Estate Finance (NYSE:NREF) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. The firm had revenue of $32.63 million during the quarter, compared to analysts’ expectations of $11.19 million. NexPoint Real Estate Finance has set its Q2 2026 guidance at 0.380-0.480 EPS. As a group, sell-side analysts anticipate that NexPoint Real Estate Finance will post 1.61 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NREF. Strs Ohio acquired a new position in shares of NexPoint Real Estate Finance during the first quarter worth about $26,000. Public Employees Retirement System of Ohio acquired a new position in shares of NexPoint Real Estate Finance during the third quarter worth about $28,000. BNP Paribas Financial Markets increased its stake in shares of NexPoint Real Estate Finance by 152.6% during the third quarter. BNP Paribas Financial Markets now owns 2,796 shares of the company’s stock worth $40,000 after acquiring an additional 1,689 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of NexPoint Real Estate Finance during the third quarter worth about $50,000. Finally, Daytona Street Capital LLC acquired a new position in shares of NexPoint Real Estate Finance during the fourth quarter worth about $99,000. 67.79% of the stock is currently owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Company Profile

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.