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NREF

NexPoint Real Estate Finance, Inc.

NREF

NYSE·Real Estate·REIT - Mortgage·Mkt cap $335.3M

$17.79

+0.74%

P/E

7.99

Mkt Cap

$335.3M

52-Wk Range

$12.36–$18.43

52-Week Range

$12.36 - $18.43

P/E

7.99

Fwd P/E

10.32

Beta

1.15

Div Yield

11.24%

Avg Vol

57.8K

Shares Out

17.7M

Mkt Cap

$335.3M

Price action

Price chart

Up 16.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • REIT tax structure enabling 90% income distribution to shareholders
  • Diversified capital stack positioning across senior, mezzanine, and equity tranches
  • Specialized expertise in multifamily real estate finance and securitizations
  • Dallas-based platform with institutional underwriting capabilities

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Mortgage REITs peers

Growth

Revenue decline expected

Expansion of first mortgage loan originations in multifamily sector

Value

Premium valuation to Mortgage REITs peers

Momentum

Strong

+13.7% over 3m

Quality

Excellent

Excellent business quality

Dividend

High yield

11.24% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.46 vs $0.40 consensus (+16.0% surprise).

EPS beat +16.0%

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+16.0%

Revenue trend · last 8Q

+40%

+55%

+59%

+103%

-11%

+47%

-100%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$34.3M

$37.9M

$28.5M

$31.4M

$32.5M

$33.7M

$41.8M

$0

Margins · last 8Q

Gross

Operating

Profit

Wall Street consensus

2 analysts · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

2

100%

Sell

0%

Median Price Target

Latest: Piper Sandler · Jul 2, 2026

vs Industry

How NREF stacks vs REIT - Mortgage

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.