NexPoint Real Estate Finance (NREF) Set to Announce Quarterly Earnings on Thursday

NexPoint Real Estate Finance (NYSE:NREF) will post its quarterly earnings results before the market opens on Thursday, July 29th. Analysts expect NexPoint Real Estate Finance to post earnings of $0.52 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 (NYSE:NREF) last released its quarterly earnings data on Thursday, April 29th. The company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.07. NexPoint Real Estate Finance had a net margin of 112.18% and a return on equity of 15.38%. On average, analysts expect NexPoint Real Estate Finance to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NYSE NREF opened at $19.67 on Thursday. The business’s 50 day moving average price is $20.36. The firm has a market cap of $103.90 million, a P/E ratio of 4.80 and a beta of 2.29. The company has a debt-to-equity ratio of 6.51, a current ratio of 889.18 and a quick ratio of 889.18. NexPoint Real Estate Finance has a 1 year low of $13.13 and a 1 year high of $21.72.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th were issued a dividend of $0.475 per share. The ex-dividend date was Monday, June 14th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 9.66%. NexPoint Real Estate Finance’s dividend payout ratio is currently 123.38%.

A number of analysts have recently issued reports on NREF shares. Robert W. Baird restated a “buy” rating and set a $22.00 price target on shares of NexPoint Real Estate Finance in a report on Thursday, May 27th. Zacks Investment Research downgraded shares of NexPoint Real Estate Finance from a “buy” rating to a “hold” rating in a report on Thursday, July 8th. Finally, Raymond James raised their price target on shares of NexPoint Real Estate Finance from $21.50 to $22.50 and gave the stock a “strong-buy” rating in a report on Thursday, April 15th.

About NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations.

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Earnings History for NexPoint Real Estate Finance (NYSE:NREF)

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