Skip to main content
    N

    Nexpoint Real Estate Finance Inc (NREF)

    Official site

    REAL ESTATE • REIT - MORTGAGE • NYSE

    $15.31
    +0.19 (+1.26%)

    Market Cap: $348.28M

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    62%(16/26)
    Avg Surprise
    +1.24%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.40
    Range$0.31 - $0.44
    3 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.45-11.8%
    60d ago$0.44-9.8%
    30d ago$0.40-1.6%
    7d ago$0.40-1.6%
    Current$0.40
    Revenue Consensus
    $15M
    Range$14M - $16M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.54
    Range$0.38 - $0.63
    3 analysts
    Revenue Consensus
    $22M
    Range$20M - $24M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.54---
    Sep 26EST
    		-$0.40---
    Jun 26
    Reported Aug 6
    		$0.04N/A-89.47%Miss-90.7%
    Mar 26
    Reported Apr 30
    		$0.43$0.37+16.22%Beat+4.9%
    Dec 25
    Reported Feb 26
    		$0.23$0.43-46.51%Miss-72.3%
    Sep 25
    Reported Oct 30
    		$0.51$0.47+8.51%Beat-32.0%
    Jun 25
    Reported Jul 31
    		$0.43$0.46-6.52%Miss-36.8%
    Mar 25
    Reported May 1
    		$0.41$0.49-16.33%Miss+189.1%
    Dec 24
    Reported Feb 27
    		$0.83$0.76+9.57%Beat+88.6%
    Sep 24
    Reported Oct 31
    		$0.75$0.48+56.25%Beat+74.4%
    Jun 24
    Reported Aug 1
    		$0.68$0.45+51.11%Beat+47.8%
    Mar 24
    Reported May 2
    		$-0.46$-0.44-4.55%Miss-188.5%
    Dec 23
    Reported Feb 29
    		$0.44$0.47-6.38%Miss-10.2%
    Sep 23
    Reported Nov 2
    		$0.43$0.47-8.51%Miss-10.4%
    Jun 23
    Reported Jul 27
    		$0.46$0.46+0.00%Beat-17.9%
    Mar 23
    Reported Apr 27
    		$0.52$0.48+8.33%Beat-57.7%
    Dec 22
    Reported Feb 23
    		$0.49$0.48+2.08%Beat-9.3%
    Sep 22
    Reported Oct 27
    		$0.48$0.40+20.00%Beat-32.4%
    Jun 22
    Reported Jul 28
    		$0.56$0.52+7.69%Beat-5.1%
    Mar 22
    Reported Apr 28
    		$1.23$1.17+5.13%Beat+132.1%
    Dec 21
    Reported Feb 17
    		$0.54$0.54+0.00%Beat-1.8%
    Sep 21
    Reported Nov 4
    		$0.71$0.57+24.56%Beat+69.0%
    Jun 21
    Reported Jul 29
    		$0.59$0.60-1.67%Miss+59.5%
    Mar 21
    Reported Apr 29
    		$0.53$0.51+3.92%Beat+130.4%
    Dec 20
    Reported Feb 18
    		$0.55$0.46+19.57%Beat-
    Sep 20
    Reported Oct 29
    		$0.42$0.40+5.00%Beat-
    Jun 20
    Reported Aug 6
    		$0.37$0.39-5.13%Miss-
    Mar 20
    Reported May 6
    		$0.23$0.29-20.69%Miss-

    Dividends

    Dividend Metrics

    Forward Yield13.06%
    Forward Annual Dividend$2.00
    Payout Ratio1560.28%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+0.00%
    5Y CAGR+7.09%
    NREF dividend history and ex-dividend datesRun NREF in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio12.65EV/EBITDA32.52x
    Price/FCF119.44xFCF Yield0.84%
    Profitability
    Profit Margin66.60%Operating Margin63.30%
    ROE14.90%ROIC2.51%
    Financial Health
    Debt/Equity11.79xInterest Coverage3.90x
    Current Ratio1.28xQuick Ratio1.28x
    Trading Statistics
    Beta1.14Avg Volume66.75K
    52-Week High$17.8952-Week Low$10.84

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$15.41
    SMA 20$15.65
    SMA 50$16.28
    SMA 200$14.70
    EMA 10$15.41
    EMA 20$15.65
    EMA 50$15.92
    EMA 200$14.92

    MACD

    Line: -0.29Signal: -0.28Hist: -0.02

    ADX

    ADX: 26.8+DI: 12.6-DI: 19.4

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down96.0
    PSAR$15.63

    Bollinger Bands

    Upper Band$16.37
    Lower Band$14.94
    %B Position912%(Upper)
    Band Width0.26

    RSI (14-Day)

    Neutral
    41.0

    Momentum Oscillators

    Stoch %K19.4
    Stoch %D16.6
    Williams %R-66.9
    ROC (10d)-2.8%
    Momentum-0.44
    CCI (20d)-96.5
    MFI (14d)59.4

    Volatility Measures

    ATR (14d)$0.51(3.3%)
    StdDev (20d)0.36
    Hist Vol24.9%(Moderate)

    Volume Flow

    VWAP$15.29
    OBV816.9K
    AD Line-131.7M
    CMF (20d)-0.207

    Volume Metrics

    Avg Vol (20d)65.6K
    Vol Ratio0.6x
    VWMA (20d)$15.73

    Pivot Points

    R3$15.66
    R2$15.47
    R1$15.29
    Pivot Point$15.10
    S1$14.92
    S2$14.73
    S3$14.55

    Advanced Oscillators

    TSI-19.99
    Ultimate Osc43.2
    KST-64.55

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$34.32M$33.79M$33.70M$32.48M$47.58M$40.99M$37.92M$34.28M$19.74M$18.38M$27.09M$-10,853,000
    Cost of Revenue$5.98M$5.37M$3.59M$3.39M$16.05M$14.16M$2.53M$2.48M$350,000$567,000$2.88M$2.82M
    Gross Profit$28.34M$28.43M$30.11M$29.09M$31.52M$26.83M$35.39M$31.79M$20.74M$-4,182,000$24.21M$-10,853,000
    Operating Expenses$1.41M$-3,310,000$-3,229,000$-30,526,000$9.25M$870,000$4.38M$3.20M$4.08M$5.02M$2.96M$-10,853,000
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$2.83M$3.27M$3.00M$3.65M$3.76M$2.51M$2.97M$1.79M$2.62M$3.22M$1.95M$2.52M
    Operating Income$26.93M$31.73M$33.34M$59.61M$22.27M$25.96M$25.84M$35.65M$11.31M$11.97M$30.99M$-2,178,000
    Interest Income$25.46M$24.45M$22.21M$22.85M$22.84M$22.04M$32.29M$23.56M$18.23M$1.57M$16.88M$18.01M
    Interest Expense$8.93M$9.15M$11.11M$10.36M$10.77M$10.53M$10.60M$11.04M$11.49M$11.24M$13.06M$13.20M
    Income Before Tax$17.30M$22.63M$24.05M$50.86M$22.27M$25.96M$15.16M$23.33M$12.11M$-14,641,000$17.93M$-17,050,000
    Income Tax Expense$0$0$0$0$0$4.16M$5.29M$3.94M$-3,398,000$-1,894,000$3.35M$-2,103,000
    Net Income$16.05M$20.27M$21.39M$43.08M$18.83M$21.80M$12.71M$19.39M$9.84M$-12,747,000$14.59M$-14,676,000
    EBITDA$27.95M$33.21M$35.79M$61.84M$22.89M$27.04M$26.95M$36.75M$25.77M$14.29M$32.03M$-3,377,000
    EBIT$26.23M$31.79M$35.16M$61.22M$22.27M$25.96M$25.84M$35.65M$24.68M$11.97M$30.99M$-3,853,000
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about NREF

    News

    Third-quarter results are planned before markets open Nov. 5; NexPoint's call is at 11 a.m. Eastern.

    NexPoint Real Estate Finance (NREF) announced its third-quarter 2026 earnings conference call will be held on November 5, 2026...

    Stock Titan•10/6/26•Neutral

    NexPoint Real Estate Finance, Inc. Announces Third Quarter 2026 Earnings Conference Call

    NexPoint Real Estate Finance, Inc. (NREF) has announced its Third Quarter 2026 Earnings Conference Call. This brief news item, disseminated via PR Newswire...

    TradingView•10/6/26•Neutral

    NexPoint Real Estate Finance stock draws a Hold upgrade

    Zacks Research upgraded NexPoint Real Estate Finance (NREF) stock from Strong Sell to Hold in September 2026, leading to an analyst consensus of Hold with an average target price of USD 16.75. For Q2 2026...

    AD HOC NEWS•9/30/26•Somewhat-Bullish

    NexPoint Real Estate Finance stock holds steady as investors weigh recent earnings and dividend

    NexPoint Real Estate Finance (NREF) stock is holding steady as investors assess its latest earnings and dividend. The company, a specialized mortgage REIT, focuses on real estate-related debt and preferred equity...

    AD HOC NEWS•9/19/26•Neutral

    NexPoint Real Estate Finance, Inc. (NYSE:NREF) Sets $0.53125 Series A Preferred Dividend

    NexPoint Real Estate Finance, Inc. (NYSE:NREF) has declared a dividend of $0.53125 per share for its 8.50% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on October 26, 2026...

    TradingView•9/17/26•Neutral

    NREF Valuation and Fair Value

    P/E
    12.7x
    EV/EBITDA
    32.5x
    P/FCF
    119.4x
    P/B
    2.2x
    See GNG's fair value

    NREF Profitability: Margins, ROIC and FCF

    Gross margin
    86.4%
    Operating margin
    63.3%
    Net margin
    66.6%
    ROIC
    2.5%
    ROE
    14.9%
    FCF margin
    5.2%
    FCF yield
    0.8%

    NREF Competitors

    CompanyTicker
    Redwood Trust IncRWT
    KKR Real Estate Finance Trust IncKREF
    Frp Holdings OrdFRPH
    Alpine Income Property Trust, Inc.PINE
    Community Healthcare Trust IncCHCT
    RMR Group IncRMR
    Gladstone Land CorpLANDM
    Maui Land & Pineapple Company IncMLP

    Sector: Real Estate

    NREF Analyst Ratings

    Consensus
    Hold
    Analysts
    3
    Strong Buy
    0
    Buy
    0
    Hold
    3
    Sell
    0
    Strong Sell
    0

    NREF Bull Case vs Bear Case

    Bull case

    • NREF has a 66.6% net profit margin.

    Bear case

    • NREF's quarterly revenue changed -13.7% year over year.
    • NREF has a debt-to-equity ratio of 11.8x.

    NREF Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    -8.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.40
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    NREF Dividend

    Forward yield
    13.1%
    Payout ratio
    1560.3%
    3Y DPS growth
    0.0%
    5Y DPS growth
    7.1%
    Pay months
    Mar, Jun, Sep, Dec
    NREF dividend history

    Frequently Asked Questions About NREF

    What is NREF's current dividend yield?

    Nexpoint Real Estate Finance Inc (NREF) has a forward dividend yield of 13.06%.

    Does NREF pay dividends?

    Yes, Nexpoint Real Estate Finance Inc pays dividends with a forward dividend yield of 13.06%.

    What is NREF's P/E ratio?

    Nexpoint Real Estate Finance Inc has a price-to-earnings (P/E) ratio of 12.65.

    What is NREF's market cap?

    Nexpoint Real Estate Finance Inc (NREF) has a market capitalization of $348.28M with a current stock price of $15.31.

    Related stocks

    Sector: Real Estate

    All stocks starting with N

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In