NREF

NexPoint Real Estate Finance
NREF

$13.50
3.23%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

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

Low target
$13.50
0%
upside
Avg. target
$14.13
5%
upside
High target
$15
11%
upside

4 analyst ratings

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Jade Rahmani
0%upside
$13.5
Market Perform
Maintained
7 May 2024
Piper Sandler
Crispin Love
4%upside
$14
Neutral
Maintained
6 May 2024
Keefe, Bruyette & Woods
Jade Rahmani
4%upside
$14
Market Perform
Maintained
10 Apr 2024
Keefe, Bruyette & Woods
Jade Rahmani
11%upside
$15
Market Perform
Maintained
11 Mar 2024

Financial journalist opinion