Piper Sandler Issues Positive Forecast for NexPoint Real Estate Finance (NYSE:NREF) Stock Price

NexPoint Real Estate Finance (NYSE:NREFGet Free Report) had its target price upped by analysts at Piper Sandler from $16.00 to $17.50 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s price objective would indicate a potential downside of 2.75% from the stock’s previous close.

A number of other equities analysts have also issued reports on NREF. Keefe, Bruyette & Woods upped their target price on NexPoint Real Estate Finance from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Zacks Research raised shares of NexPoint Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. 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, Weiss Ratings raised shares of NexPoint Real Estate Finance from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Four analysts have rated the stock with a Hold rating, According to MarketBeat, NexPoint Real Estate Finance presently has a consensus rating of “Hold” and an average price target of $16.25.

Read Our Latest Stock Report on NREF

NexPoint Real Estate Finance Stock Up 2.3%

Shares of NREF stock traded up $0.41 on Friday, hitting $18.00. The stock had a trading volume of 27,858 shares, compared to its average volume of 56,925. The firm has a market capitalization of $339.21 million, a price-to-earnings ratio of 6.87 and a beta of 1.11. The stock’s 50 day moving average is $16.03 and its 200-day moving average is $15.00. The company has a debt-to-equity ratio of 1.29, a quick ratio of 148.83 and a current ratio of 148.83. NexPoint Real Estate Finance has a 52-week low of $12.36 and a 52-week high of $18.13.

NexPoint Real Estate Finance (NYSE:NREFGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. NexPoint Real Estate Finance had a net margin of 117.74% and a return on equity of 13.14%. The firm had revenue of $16.54 million for the quarter, compared to the consensus estimate of $14.57 million. NexPoint Real Estate Finance has set its Q3 2026 guidance at 0.380-0.480 EPS. As a group, research analysts expect that NexPoint Real Estate Finance will post 1.61 earnings per share for the current year.

Hedge Funds Weigh In On NexPoint Real Estate Finance

Hedge funds have recently modified their holdings of the stock. Two Sigma Investments LP raised its position in shares of NexPoint Real Estate Finance by 3.9% in the third quarter. Two Sigma Investments LP now owns 20,511 shares of the company’s stock valued at $291,000 after purchasing an additional 776 shares during the period. Barclays PLC raised its holdings in NexPoint Real Estate Finance by 4.3% in the 4th quarter. Barclays PLC now owns 22,858 shares of the company’s stock worth $322,000 after acquiring an additional 951 shares during the period. Berkeley Capital Partners LLC lifted its position in NexPoint Real Estate Finance by 2.6% during the 4th quarter. Berkeley Capital Partners LLC now owns 40,909 shares of the company’s stock worth $576,000 after acquiring an additional 1,049 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in NexPoint Real Estate Finance by 11.3% during the third quarter. Alliancebernstein L.P. now owns 13,840 shares of the company’s stock valued at $196,000 after acquiring an additional 1,400 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of NexPoint Real Estate Finance by 152.6% in the third quarter. BNP Paribas Financial Markets now owns 2,796 shares of the company’s stock worth $40,000 after purchasing an additional 1,689 shares during the period. 67.79% of the stock is owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for NexPoint Real Estate Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Real Estate Finance and related companies with MarketBeat.com's FREE daily email newsletter.