NexPoint Real Estate FinanceNREF
Market Cap: 257M
About: NexPoint Real Estate Finance Inc is a real estate investment trust. It provides structured financing solutions by investing in mid-sized multifamily, storage and select-service, and extended-stay hospitality properties. Its investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term. The Company is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments, as well as multi-family and single-family rental ("SFR") commercial mortgage-backed securities securitizations ("CMBS securitizations"), multifamily structured credit risk notes ("MSCR Notes") and mortgage-backed securities.
Employees: 1
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
270% more call options, than puts
Call options by funds: $211K | Put options by funds: $57K
0% more funds holding
Funds holding: 59 [Q4 2023] → 59 (+0) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1.36% less ownership
Funds ownership: 67.79% [Q4 2023] → 66.43% (-1.36%) [Q1 2024]
9% less capital invested
Capital invested by funds: $184M [Q4 2023] → $168M (-$16.2M) [Q1 2024]
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Keefe, Bruyette & Woods Jade Rahmani | 7%downside $13.5 | Market Perform Maintained | 7 May 2024 |
Piper Sandler Crispin Love | 3%downside $14 | Neutral Maintained | 6 May 2024 |
Keefe, Bruyette & Woods Jade Rahmani | 3%downside $14 | Market Perform Maintained | 10 Apr 2024 |
Keefe, Bruyette & Woods Jade Rahmani | 3%upside $15 | Market Perform Maintained | 11 Mar 2024 |