NexPoint Real Estate Finance, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $321.9M
- Price
- $17.08
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.04%
- Volume
- 45.1K
About
NexPoint Real Estate Finance, Inc. (NREF) is a U.S.-based real estate finance firm. Its core activities involve the origination, structuring, and investment in a diverse range of real estate-backed financial products. These encompass senior mortgage debt, mezzanine debt, preferred equity, preferred stock, and securitized multifamily commercial mortgage-backed securities. The company aims to qualify as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes. This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2019, NREF is headquartered in Dallas, Texas.
Quick stats
Shares outstanding18.8M
Computed float7.5M
Float / shares39.8%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001786248
Websitehttps://nref.nexpoint.com
AI Summary
AI-generated1/10
minorneutralearnings
NREF Announces Second Quarter 2026 Results, Provides Third Quarter 2026 Guidance
NexPoint Real Estate Finance reported Q2 net income of $5.4 million, or $0.29 per diluted share, alongside cash available for distribution of $13.9 million, or $0.58 per share.
The company maintained a $1.1 billion portfolio and funded $70.1 million in new loans during the quarter, while also raising $22.6 million in gross proceeds from a Series C preferred stock offering.
NREF declared a Q3 dividend of $0.50 per share and provided guidance for Q3 EAD of $0.43 and CAD of $0.55 per share at the midpoint.
Red flags
- Net income decreased compared to the prior year period
- GAAP earnings of $0.29 per share are insufficient to cover the $0.50 dividend
- Company issued preferred stock, adding to capital stack complexity and potential dilution