NexPoint Real Estate Finance (NYSE:NREF) Director Brian Mitts Sells 11,904 Shares of Stock

NexPoint Real Estate Finance, Inc. (NYSE:NREFGet Free Report) 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 legal filing with the Securities & Exchange Commission, which is accessible through this link.

NexPoint Real Estate Finance Stock Down 0.8%

NexPoint Real Estate Finance stock opened at $14.10 on Tuesday. NexPoint Real Estate Finance, Inc. has a one year low of $12.14 and a one year high of $16.80. The stock has a fifty day moving average of $14.00 and a 200 day moving average of $14.22. The company has a debt-to-equity ratio of 1.23, a quick ratio of 175.70 and a current ratio of 175.70. The stock has a market cap of $249.82 million, a PE ratio of 5.02 and a beta of 1.19.

NexPoint Real Estate Finance (NYSE:NREFGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $71.18 million during the quarter, compared to the consensus estimate 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 predict that NexPoint Real Estate Finance, Inc. will post 1.48 EPS for the current year.

NexPoint Real Estate Finance Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 14.2%. The ex-dividend date of this dividend is Monday, December 15th. NexPoint Real Estate Finance’s dividend payout ratio is currently 71.17%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of NexPoint Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of NexPoint Real Estate Finance in a research report on Monday, December 15th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, NexPoint Real Estate Finance has an average rating of “Hold” and a consensus price target of $14.75.

Check Out Our Latest Stock Analysis on NREF

Institutional Trading of NexPoint Real Estate Finance

Hedge funds and other institutional investors have recently modified their holdings of the company. Summit Asset Management LLC purchased a new stake in NexPoint Real Estate Finance in the 2nd quarter worth $553,000. PFG Investments LLC bought a new position in shares of NexPoint Real Estate Finance in the second quarter worth about $248,000. HighTower Advisors LLC boosted its stake in shares of NexPoint Real Estate Finance by 20.7% in the first quarter. HighTower Advisors LLC now owns 22,615 shares of the company’s stock worth $346,000 after acquiring an additional 3,871 shares during the period. Ritholtz Wealth Management grew its position in shares of NexPoint Real Estate Finance by 3.9% during the second quarter. Ritholtz Wealth Management now owns 56,632 shares of the company’s stock worth $781,000 after purchasing an additional 2,111 shares in the last quarter. Finally, Copley Financial Group Inc. raised its stake in NexPoint Real Estate Finance by 243.1% during the 2nd quarter. Copley Financial Group Inc. now owns 37,916 shares of the company’s stock valued at $523,000 after purchasing an additional 26,865 shares during the period. 67.79% of the stock is owned by hedge funds and other institutional investors.

About NexPoint Real Estate Finance

(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

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