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NexPoint Real Estate Finance, Inc. logo

NexPoint Real Estate Finance, Inc.

NREF

NYSEReal EstateREIT - Mortgage

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Latest quote

$17.03

Market data unavailable

Aug 21, 3:55 PM ET

NREF company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

48

Neutral

Sentiment

58

Mixed

Risk resilience

69

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US

Market position

Volume
35.98K
Market cap
321.92M USD

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.68B USD
P/E (TTM)
4.77×
P/B (TTM)
0.85×
P/S (TTM)
2.4×
EV / EBITDA
27.72×
Earnings yield
42.10%
Free cash flow yield
9.18%
Dividend yield
11.71%

Profitability & efficiency

Gross margin
86.36%
Operating margin
112.91%
Net margin
75.05%
Return on equity
14.02%
Return on assets
1.98%
Return on invested capital
3.09%

Financial health

Debt / equity
11.79×
Current ratio
0.31×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends263%173%84%-6%Gross margin, FY2021: 100.00%Gross margin, FY2022: 89.13%Gross margin, FY2023: 90.05%Gross margin, FY2024: 89.97%Gross margin, FY2025: 88.88%Operating margin, FY2021: 240.21%Operating margin, FY2022: 63.39%Operating margin, FY2023: 60.39%Operating margin, FY2024: 76.84%Operating margin, FY2025: 129.73%Net margin, FY2021: 123.99%Net margin, FY2022: 16.71%Net margin, FY2023: 33.20%Net margin, FY2024: 26.46%Net margin, FY2025: 83.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 89.13%. Gross margin FY2023 90.05%. Gross margin FY2024 89.97%. Gross margin FY2025 88.88%. Operating margin FY2021 240.21%. Operating margin FY2022 63.39%. Operating margin FY2023 60.39%. Operating margin FY2024 76.84%. Operating margin FY2025 129.73%. Net margin FY2021 123.99%. Net margin FY2022 16.71%. Net margin FY2023 33.20%. Net margin FY2024 26.46%. Net margin FY2025 83.33%.

Income trends

Revenue

126.13M USD+14.33%

Operating income

163.63M USD+93.02%

Net income

105.1M USD+260.02%
Income trends across reported periods179.31M USD116.56M USD53.81M USD−8.94M USDRevenue, FY2021: 34.75M USDRevenue, FY2022: 40.38M USDRevenue, FY2023: 42.09M USDRevenue, FY2024: 110.32M USDRevenue, FY2025: 126.13M USDOperating income, FY2021: 83.47M USDOperating income, FY2022: 25.6M USDOperating income, FY2023: 25.42M USDOperating income, FY2024: 84.77M USDOperating income, FY2025: 163.63M USDNet income, FY2021: 43.09M USDNet income, FY2022: 6.75M USDNet income, FY2023: 13.98M USDNet income, FY2024: 29.19M USDNet income, FY2025: 105.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 34.75M USD. Revenue FY2022 40.38M USD. Revenue FY2023 42.09M USD. Revenue FY2024 110.32M USD. Revenue FY2025 126.13M USD. Operating income FY2021 83.47M USD. Operating income FY2022 25.6M USD. Operating income FY2023 25.42M USD. Operating income FY2024 84.77M USD. Operating income FY2025 163.63M USD. Net income FY2021 43.09M USD. Net income FY2022 6.75M USD. Net income FY2023 13.98M USD. Net income FY2024 29.19M USD. Net income FY2025 105.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue126.13M USD110.32M USD42.09M USD40.38M USD34.75M USD
Cost of goods sold14.03M USD11.07M USD4.19M USD4.39M USD29.96M USD
Gross profit112.1M USD99.25M USD37.9M USD35.99M USD34.75M USD
Selling, general, and administrative12.65M USD12.81M USD12.49M USD7.24M USD6.37M USD
Operating expenses−51.53M USD16.68M USD12.49M USD10.39M USD34.75M USD
Interest income89.95M USD72.51M USD68.36M USD77.99M USD55.83M USD
Interest expense42.77M USD44.37M USD51.56M USD40.26M USD29.77M USD
Depreciation and amortization2.94M USD5.61M USD2.47M USD2.9M USD—
Operating income163.63M USD84.77M USD25.42M USD25.6M USD83.47M USD
Net income105.1M USD29.19M USD13.98M USD6.75M USD43.09M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$16.00

6.32% downside
Past 12 months12-month forecast

Price history unavailable

High $16.00Average $16.00Low $16.00

Rating distribution

6 ratings
Strong buy00%
Buy233%
Hold467%
Sell00%
Strong sell00%

NREF news

marketbeat.com

NexPoint Real Estate Finance Q2 Earnings Call Highlights

NexPoint Real Estate Finance NYSE: NREF reported second-quarter earnings available for distribution of $0.46 per diluted share and cash available for distribution of $0.58 per diluted share, as the commercial mortgage…

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seekingalpha.com

NexPoint Real Estate Finance, Inc. (NREF) Q2 2026 Earnings Call Transcript

NexPoint Real Estate Finance, Inc. (NREF) Q2 2026 Earnings Call Transcript

Read source
zacks.com

NexPoint (NREF) Tops Q2 Earnings and Revenue Estimates

NexPoint (NREF) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.43 per share a year ago.

Read source
prnewswire.com

NREF Announces Second Quarter 2026 Results, Provides Third Quarter 2026 Guidance

DALLAS, Aug. 6, 2026 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2026. NREF reported net income…

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prnewswire.com

NexPoint Real Estate Finance, Inc. Announces Quarterly Dividend

DALLAS, July 28, 2026 /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…

Read source
prnewswire.com

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

DALLAS, July 9, 2026 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today that the Company is scheduled to host a conference call on Thursday, August 6, 2026, at 11:00 a.m. ET…

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