NexPoint Real Estate Finance (NREF) Scheduled to Post Earnings on Thursday

NexPoint Real Estate Finance (NYSE:NREFGet Rating) is scheduled to release its earnings data before the market opens on Thursday, April 28th. Analysts expect NexPoint Real Estate Finance to post earnings of $1.13 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

NexPoint Real Estate Finance (NYSE:NREFGet Rating) last released its quarterly earnings data on Thursday, February 17th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.47 by $0.07. NexPoint Real Estate Finance had a return on equity of 7.56% and a net margin of 70.90%. During the same quarter in the previous year, the firm earned $0.54 EPS. On average, analysts expect NexPoint Real Estate Finance to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NexPoint Real Estate Finance stock opened at $23.76 on Thursday. The company has a debt-to-equity ratio of 4.02, a current ratio of 1,054.09 and a quick ratio of 1,054.09. NexPoint Real Estate Finance has a one year low of $17.96 and a one year high of $23.97. The stock has a market capitalization of $342.00 million, a PE ratio of 6.05 and a beta of 1.83. The business’s fifty day moving average is $21.92 and its 200 day moving average is $20.96.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 14th. This is a boost from NexPoint Real Estate Finance’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 8.42%. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is 50.89%.

A number of large investors have recently made changes to their positions in NREF. Morgan Stanley boosted its position in NexPoint Real Estate Finance by 2,675.0% in the second quarter. Morgan Stanley now owns 3,441 shares of the company’s stock worth $72,000 after purchasing an additional 3,317 shares during the last quarter. Geode Capital Management LLC boosted its position in NexPoint Real Estate Finance by 8.0% in the third quarter. Geode Capital Management LLC now owns 41,656 shares of the company’s stock worth $811,000 after purchasing an additional 3,083 shares during the last quarter. Invesco Ltd. boosted its position in NexPoint Real Estate Finance by 14.0% in the third quarter. Invesco Ltd. now owns 37,160 shares of the company’s stock worth $724,000 after purchasing an additional 4,555 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of NexPoint Real Estate Finance in the third quarter worth about $226,000. Finally, Millennium Management LLC bought a new position in shares of NexPoint Real Estate Finance in the third quarter worth about $2,270,000.

Several equities research analysts recently commented on the company. Raymond James increased their price objective on NexPoint Real Estate Finance from $23.00 to $24.00 and gave the company a “strong-buy” rating in a research report on Thursday, March 17th. Zacks Investment Research raised NexPoint Real Estate Finance from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research report on Tuesday, March 22nd.

About NexPoint Real Estate Finance (Get Rating)

NexPoint Real Estate Finance, Inc operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations.

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Earnings History for NexPoint Real Estate Finance (NYSE:NREF)

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