NexPoint Real Estate Finance (NREF) to Release Earnings on Thursday

NexPoint Real Estate Finance (NYSE:NREF) will post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect NexPoint Real Estate Finance to post earnings of ($0.49) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

NexPoint Real Estate Finance Stock Performance

Shares of NexPoint Real Estate Finance stock opened at $12.96 on Wednesday. NexPoint Real Estate Finance has a one year low of $12.63 and a one year high of $17.84. The company has a debt-to-equity ratio of 2.78, a quick ratio of 460.31 and a current ratio of 460.31. The company has a market cap of $227.97 million, a price-to-earnings ratio of 19.94 and a beta of 1.60. The business’s 50 day moving average price is $13.63 and its 200 day moving average price is $14.76.

NexPoint Real Estate Finance Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.50 dividend. The ex-dividend date was Thursday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 15.43%. NexPoint Real Estate Finance’s dividend payout ratio is currently 307.69%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reduced their target price on NexPoint Real Estate Finance from $15.00 to $14.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 10th.

NexPoint Real Estate Finance Company Profile

NexPoint Real Estate Finance, Inc operates as a commercial mortgage real estate investment trust in the United States. It focuses 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 multifamily and single-family rental commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities or target assets.