NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc. engages in the provision of commercial real estate investment services. It focuses on investment in real estate sectors including multifamily, single-family rental, self-storage, hospitality, and office sectors. The company was founded on June 7, 2019 and is headquartered in Dallas, TX.

Earnings data Q1 2024

NREF reports mixed Q1 results, focuses on residential loans

NREF's Q1 performance showed mixed results with strong distribution metrics but a decrease in book value per share. The company's strengths include a focus on residential loan portfolio and consistent cash flow. However, challenges exist in maintaining credit quality and addressing unrealized losses. Opportunities lie in the investment pipeline and managing interest rate risks.

NREF reports mixed Q2 performance, eyes opportunities in life sciences

NREF's Q2 earnings call highlighted a mixed performance with a decrease in earnings available for distribution. The company's focus on finding attractive investment opportunities and the resilience of its collateral were notable. Challenges related to stock investments and potential defaults were acknowledged, while opportunities in the life sciences sector and affordable housing were emphasized.

NREF reports Q3 net loss, focuses on credit investments and new equity offering

NREF's Q3 '23 performance was impacted by mark-to-market adjustments and higher provision for credit losses, leading to a net loss. However, the company saw an increase in net interest income and continues to focus on credit investments and stabilized assets. Despite challenges in book value per share, NREF is pursuing opportunities through a new preferred equity offering and guiding earnings for Q4.

NREF reports mixed Q4 earnings, eyes multifamily opportunities for growth

NREF's Q4 performance showed mixed results with strong portfolio diversification but challenges in book value and future earnings. The company aims to capitalize on opportunities in multifamily investments and plans for enhanced cash distribution. Analyst inquiries focused on risk management and market conditions across various sectors.

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DALLAS , April 1, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today that the Company is scheduled to host a conference call on Thursday, May 2, 2024, at 11:00 a.m. ET (10:00 a.m.

NexPoint Real Estate Finance, Inc. Announces First Quarter 2024 Earnings Conference Call

DALLAS , March 19, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF") announced today that the record date for determining stockholders entitled to vote at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be Monday, April 1, 2024. The Annual Meeting will be held on Tuesday, May 7, 2024, beginning at 10:30 a.m.

NexPoint Real Estate Finance, Inc. Announces Record Date and Date of 2024 Annual Meeting of Stockholders

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NexPoint Real Estate Finance, Inc. (NREF) Q4 2023 Earnings Call Transcript

DALLAS , Feb. 29, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended December 31, 2023. NREF reported net income of $17.9 million, or $0.74 per diluted share1, for the three months ended December 31, 2023.

NREF Announces Fourth Quarter 2023 Results, Provides First Quarter 2024 Guidance

DALLAS , Feb. 29, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly regular dividend of $0.50 per share of NREF common stock. The dividend will be payable on March 28, 2024, to stockholders of record on March 15, 2024.

NexPoint Real Estate Finance, Inc. Announces Quarterly Dividend

DALLAS , Feb. 29, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on April 25, 2024, to stockholders of record at the close of business on April 15, 2024.

NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend

DALLAS , Feb. 5, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today that the Company is scheduled to host a conference call on Thursday, February 29, 2024, at 11:00 a.m. ET (10:00 a.m.

NexPoint Real Estate Finance, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

DALLAS , Jan. 30, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today the final income allocations of the Company's 2023 dividend distributions on its common stock, Series A Preferred Stock and Series B Preferred Stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table: Common Shares (CUSIP #65342V101) Ex Dividend Date Record Date Payable Date Distribution Per Share Taxable Ordinary Income Per Share (1)(4) Capital GainDistributions Per Share (2)(3)(4) Return of Capital Per Share 3/14/2023 3/15/2023 3/31/2023 $0.50000 $0.35401 $0.03991 $0.10608 3/14/2023 3/15/2023 3/31/2023 $0.18500 $0.13098 $0.01477 $0.03925 6/14/2023 6/15/2023 6/30/2023 $0.50000 $0.29142 $0.00000 $0.20858 6/14/2023 6/15/2023 6/30/2023 $0.18500 $0.10782 $0.00000 $0.07718 9/14/2023 9/15/2023 9/29/2023 $0.50000 $0.29142 $0.00000 $0.20858 9/14/2023 9/15/2023 9/29/2023 $0.18500 $0.10782 $0.00000 $0.07718 12/14/2023 12/15/2023 12/29/2023 $0.50000 $0.29142 $0.00000 $0.20858 12/14/2023 12/15/2023 12/29/2023 $0.18500 $0.10782 $0.00000 $0.07718 Totals $2.74000 $1.68271 $0.05468 $1.00261 100.00 % 61.41 % 2.00 % 36.59 %     Series A Preferred Shares (CUSIP #65342V408) Ex Dividend Date Record Date Payable Date Distribution Per Share Taxable Ordinary Income Per Share (1)(4) Capital GainDistributions Per Share (2)(3)(4) Return of Capital Per Share 1/12/2023 1/13/2023 1/25/2023 $0.53125 $0.44655 $0.08470 $0.00000 4/12/2023 4/13/2023 4/25/2023 $0.53125 $0.53125 $0.00000 $0.00000 7/12/2023 7/13/2023 7/25/2023 $0.53125 $0.53125 $0.00000 $0.00000 10/12/2023 10/13/2023 10/25/2023 $0.53125 $0.53125 $0.00000 $0.00000 Totals $2.12500 $2.04030 $0.08470 $0.00000 100.00 % 96.01 % 3.99 % 0.00 %   Series B Preferred Shares (CUSIP #65342V507) Ex Dividend Date Record Date Payable Date Distribution Per Share Taxable Ordinary Income Per Share (1) Capital Gain Distributions Per Share Return of Capital Per Share 12/21/2023 12/22/2023 1/5/2024 $0.18750 $0.18750 $0.00000 $0.00000 Totals $0.18750 $0.18750 $0.00000 $0.00000 100.00 % 100.00 % 0.00 % 0.00 % (1) 100% of the amount reported as Taxable Ordinary Income is treated as a qualified REIT dividend for purposes of Section 199A (2) The Section 897 Capital Gain amount is equal to 0% of the total Capital Gain Distribution (3) Pursuant to Treasury Regulation §1.1061-6(c), NexPoint Real Estate Finance is disclosing additional information related to the capital gain distributions reported on Form 1099-DIV, for purposes of Section 1061.

NexPoint Real Estate Finance Announces 2023 Dividend Income Tax Treatment

NexPoint Real Estate Finance is paying out a base and special dividend that is not being covered by its third-quarter cash available for distribution. The mortgage REIT has a defensive focus on residential properties with these forming 93.9% of outstanding principal. NREF has experienced a sustained decline in book value per share and is currently trading at a 13.4% discount to its third-quarter book value.

NexPoint Real Estate Finance: Why I Didn't Buy The Tempting 13% Dividend Yield

NexPoint Real Estate Finance, Inc. (NYSE:NREF ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President & Chief Financial Officer Paul Richards - Vice President of Originations & Investments Matt McGraner - Executive Vice President & Chief Investment Officer Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond James Jade Rahmani - KBW Operator Ladies and gentlemen, thank you for standing by. My name is Shreva [ph] and I will be your conference operator today.

NexPoint Real Estate Finance, Inc. (NREF) Q3 2023 Earnings Call Transcript

DALLAS , Nov. 2, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended September 30, 2023. NREF reported a net loss of $(15.4) million, or $(0.82) per diluted share1, for the three months ended September 30, 2023.

NREF Announces Third Quarter 2023 Results, Provides Fourth Quarter 2023 Guidance

DALLAS , Nov. 2, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF" or the "Company") announced today the launch of a continuous public offering of up to 16,000,000 shares of its new designated 9.0% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") at a price to the public of $25.00 per share, for gross proceeds of $400 million.1 NREF is a commercial mortgage real estate investment trust (REIT) that is primarily focused on investments in real estate sectors where its senior management team has operating expertise, including in the multifamily, single-family rental, self-storage, and life sciences sectors, predominantly in the top 50 metropolitan statistical areas. The Company intends to use the net proceeds for general corporate purposes, which may include funding investments and repaying amounts outstanding under our debt obligations.

NexPoint Real Estate Finance, Inc. Launches $400 Million Continuous Offering of 9.0% Series B Cumulative Redeemable Preferred Stock

DALLAS , Oct. 31, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly regular dividend of $0.50 per share of NREF common stock. The Company also announced that its board of directors has declared a special dividend of $0.185 per share of NREF common stock.

NexPoint Real Estate Finance, Inc. Announces Quarterly and Special Dividends

DALLAS , Sept. 26, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today that the Company is scheduled to host a conference call on Thursday, November 2, 2023, at 11:00 a.m.

NexPoint Real Estate Finance, Inc. Announces Third Quarter 2023 Earnings Conference Call

NexPoint (NREF) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.56 per share a year ago.

NexPoint (NREF) Tops Q2 Earnings and Revenue Estimates

DALLAS , July 27, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2023. NREF reported net income of $9.3 million, or $0.36 per diluted share1, for the three months ended June 30, 2023.

NREF Announces Second Quarter 2023 Results, Provides Third Quarter 2023 Guidance

DALLAS , June 28, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today that the Company is scheduled to host a conference call on Thursday, July 27, 2023, at 11:00 a.m. ET (10:00 a.m.

NexPoint Real Estate Finance, Inc. Announces Second Quarter 2023 Earnings Conference Call

Instead of acquiring assets itself, NexPoint Real Estate Finance, Inc. buys investment securities (loans) tied to stabilized single family and multi-family properties. During the last three years, NexPoint generated strong interest income and cash flow in order to offer strong & steady payouts, resulting in double-digit yields. Investors can be assured of steady interest income, due to NexPoint's high average coupon of 5.84 percent and a weighted average maturity of 5.4 years.

NexPoint Real Estate Finance: Continuing With Its High Yield, Low Risk Policy

NexPoint Real Estate Finance, Inc. (NYSE:NREF ) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President and Chief Financial Officer Matt McGraner - Executive Vice President and Chief Investment Officer Matt Goetz - Senior Vice President, Investment and Asset Management Paul Richards - Vice President, Originations and investments Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond James Jade Rahmani - KBW Operator Good morning. My name is Abby and I will be your conference operator today.

NexPoint Real Estate Finance, Inc. (NREF) Q1 2023 Earnings Call Transcript

NexPoint (NREF) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $1.23 per share a year ago.

NexPoint (NREF) Surpasses Q1 Earnings Estimates

DALLAS , April 27, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended March 31, 2023. NREF reported net income of $9.4 million, or $0.37 per diluted share1, for the three months ended March 31, 2023.

NREF Announces First Quarter 2023 Results, Provides Second Quarter 2023 Guidance, Declares Special Dividend

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