NEXPOINT REAL ESTATE FINANCE INC (NREF)
Financials · Real estate debt / mortgage finance REIT · NYSE
A REIT that sources and manages real estate debt financing backed by commercial property across diversified markets.
What NEXPOINT REAL ESTATE FINANCE INC does
NexPoint Real Estate Finance Inc (NREF) is a real estate investment trust that originates, structures, and manages debt-oriented real estate investments, including real estate loans, preferred equity, and other credit instruments secured by commercial real property. The company focuses on providing financing for real estate acquisitions, refinancings, and other capital needs across various property types and geographic markets. NREF is externally managed by affiliates of NexPoint Advisors, L.P. and operates as a REIT to pass through investment income to shareholders.
Themes: ["Real estate debt investment","Commercial real estate financing","REIT structure / distributions","Real estate credit / leverage"]
Fundamentals
- Price$15.94 as of 2026-07-09 close
- Market cap$301M as of 2026-07-10
- 1-year return+14.3% as of 2026-07-09 close
- P/E2.90 as of 2026-07-10
- Net margin+46.2% as of 2026-07-10
- Gross margin+83.3% as of 2026-07-10
- ROE+14.9% as of 2026-07-10
- Debt / equity5.68 as of 2026-07-10
- Revenue growth (YoY)+45.1% as of 2026-07-10
- Beta1.19 as of 2026-07-10
Dividend: yield +12.5%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commercial real estate loan delinquency, foreclosure, and credit loss exposure as debt investments are secured by real property","Interest rate and credit spread volatility could reduce loan yield generation and complicate allowance for credit loss estimation","Substantial indebtedness and leverage limit financial flexibility and ability to incur additional debt for future needs"]
Competitors & peers
- Blackstone Mortgage Trust (GMTX)
- Starwood Property Trust (STWD)
- Apollo Commercial Real Estate Finance (ARI)
- Ares Real Estate Corporation (AREC)
- Arbor Realty Trust (ABR)
- Ellington Residential Mortgage REIT (EARN)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.