DALLAS, Sept. 10, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on October 25, 2024, to stockholders of record at the close of business on October 15, 2024. About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock list ...

After reaching an important support level, NexPoint Real Estate Finance, Inc. (NREF) could be a good stock pick from a technical perspective. NREF recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the ...

NexPoint (NREF) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

Investors might want to bet on NexPoint (NREF) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The po ...

NexPoint (NREF) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 51.11%. A quarter ago, it was expected that this company would post a loss of $0.44 per share when it actually produced a loss of $0.46, delivering a surprise of -4.55%. Over the last four quarters, the company has surpas ...

DALLAS, Aug. 1, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2024. NREF reported net income attributable to common stockholders of $7.5 million, or $0.40 per diluted share1, for the three months ended June 30, 2024. NREF reported cash available for distribution2 of $15.0 million, or $0.64 per diluted share2, for the three months ended June 30, 2024. "NREF is pleased to deliver another strong ...

DALLAS, July 31, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly regular dividend of $0.50 per share of NREF common stock. The dividend will be payable on September 30, 2024, to stockholders of record on September 13, 2024. About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New ...

SOURCE NexPoint Real Estate Finance, Inc. The Company plans to issue a press release with second quarter 2024 financial results before market open on Thursday, August 1, 2024. The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 6891136. A live audio webcast of the call will be available online at the Company's website, nref.nexpoint.com (under "Resources"). An online replay will be available shortly ...

DALLAS, June 7, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on July 25, 2024, to stockholders of record at the close of business on July 15, 2024. About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on th ...

Real Estate Investments - The company has completed approximately $18.4 billion of gross real estate transactions since 2012, with its Sponsor managing about $19.8 billion in loans and credit-related investments as of March 31, 2024[183]. - The company acquired or originated investments totaling $122.54 million during the three months ended March 31, 2024, with a significant mezzanine investment in life sciences amounting to $43.28 million[187]. - The company focuses on investments in real estate sectors where its management has expertise, including multifamily, SFR, self-storage, life science, and hospitality sectors[181]. - The company targets lending or investing in stabilized properties or those with light-transitional business plans[181]. - The company has diversified its investments across various property types, primarily focusing on multifamily properties[224]. - The company has expanded its real estate portfolio with new investments in multifamily properties in various locations[226]. Financial Performance - The company reported a net loss of $16.32 million from redemptions and sales during the three months ended March 31, 2024, with total dispositions amounting to $550.06 million[188]. - Net interest loss for the three months ended March 31, 2024, was $12.8 million, a decrease of approximately $16.8 million compared to net interest income of $3.9 million for the same period in 2023, primarily due to accelerated amortization of a senior loan premium[205]. - Other income decreased to $9.2 million for the three months ended March 31, 2024, down from $10.9 million in 2023, reflecting an increase in unrealized losses related to consolidated CMBS VIEs[207]. - Operating expenses increased significantly to $11.0 million for the three months ended March 31, 2024, compared to $5.5 million in 2023, marking a 99.7% increase[205]. - Net income attributable to common stockholders for the three months ended March 31, 2024, was a loss of $14.3 million, compared to a profit of $6.6 million in 2023, representing a decrease of 317.5%[205]. - G&A expenses rose to $4.2 million for the three months ended March 31, 2024, from $2.2 million in 2023, an increase of approximately $2.0 million[208]. - Dividends declared per share decreased to $0.5000 in 2024 from $0.6850 in 2023, a reduction of 27.0%[212]. Investment Returns - The company has a preferred equity investment in multifamily properties with a coupon rate of 11.00% and a maturity date of May 1, 2030[187]. - The company has a current yield of 14.32% on a mezzanine loan in the life sciences sector, maturing on February 9, 2027[187]. - Preferred equity investments totaled $214.31 million, yielding an average return of 12.11%[226]. - The total investment in SFR Loans amounts to $135.232 million with a current yield of 5.31% and a remaining term of 3.55 years[224]. - The total investment in CMBS B-Pieces is $506.538 million, yielding an average current yield of 4.36% and a remaining term of 5.31 years[224]. - Total mezzanine loans amounted to $177.78 million with an average interest rate of 10.79%[225]. Shareholder Information - The weighted-average number of shares of common stock outstanding increased slightly to 17,264 in 2024 from 17,118 in 2023, a 0.9% increase[212]. - Weighted-average common shares outstanding - diluted increased by 2.5% to 18,082 thousand in Q1 2024 from 17,640 thousand in Q1 2023[218]. - The company has a total of 60,658 in common stock issued as of April 14, 2022[226]. - As of March 31, 2024, the company sold 1,657,700 shares of Series B Preferred Stock for total gross proceeds of $40.9 million[240]. Cash Flow and Liquidity - For the three months ended March 31, 2024, net cash provided by operating activities was $17.7 million, an increase from $15.0 million for the same period in 2023[243]. - Net cash provided by investing activities for the three months ended March 31, 2024, was $545.4 million, significantly up from $66.7 million in 2023[244]. - Net cash used in financing activities for the three months ended March 31, 2024, was $560.5 million, compared to $61.7 million in 2023[245]. - The company expects to meet its long-term liquidity requirements through various sources, including future debt or equity issuances and net cash from operations[231]. Market Conditions - The macroeconomic environment remains challenging due to high interest rates and limited credit availability, impacting commercial real estate investments[268]. Legal and Regulatory - The company has been involved in lawsuits that are not expected to materially affect its business or financial condition[185]. - The company intends to maintain its REIT status for U.S. federal income tax purposes, which commenced with the taxable year ended December 31, 2020[184].