December 25, 2024

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
NexPoint Real Estate Finance, Inc. (NYSE:NREFGet Rating) President James D. Dondero bought 2,550 shares of NexPoint Real Estate Finance stock in a transaction dated Tuesday, September 6th. The shares were acquired at an average cost of $23.80 per share, for a total transaction of $60,690.00. Following the completion of the purchase, the president now directly owns 17,011 shares of the company’s stock, valued at approximately $404,861.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NexPoint Real Estate Finance Stock Up 1.6 %

Shares of NYSE NREF traded up $0.33 during mid-day trading on Friday, hitting $20.92. 319 shares of the stock traded hands, compared to its average volume of 32,928. The company has a debt-to-equity ratio of 2.52, a quick ratio of 596.11 and a current ratio of 596.11. The stock has a fifty day moving average price of $21.09 and a 200-day moving average price of $22.06. NexPoint Real Estate Finance, Inc. has a 52 week low of $17.96 and a 52 week high of $25.98. The company has a market cap of $312.75 million, a price-to-earnings ratio of 6.35 and a beta of 1.49.

NexPoint Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date is Wednesday, September 14th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently 61.73%.

Institutional Trading of NexPoint Real Estate Finance

A number of hedge funds and other institutional investors have recently bought and sold shares of NREF. Advisor Group Holdings Inc. lifted its stake in shares of NexPoint Real Estate Finance by 36.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 36,783 shares of the company’s stock valued at $707,000 after purchasing an additional 9,890 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of NexPoint Real Estate Finance by 11.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 121,635 shares of the company’s stock valued at $2,341,000 after purchasing an additional 12,966 shares during the last quarter. Sciencast Management LP bought a new stake in shares of NexPoint Real Estate Finance in the 1st quarter valued at approximately $212,000. Monarch Partners Asset Management LLC lifted its stake in shares of NexPoint Real Estate Finance by 70.7% in the 1st quarter. Monarch Partners Asset Management LLC now owns 146,496 shares of the company’s stock valued at $3,311,000 after purchasing an additional 60,696 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of NexPoint Real Estate Finance by 509.3% in the 1st quarter. JPMorgan Chase & Co. now owns 9,798 shares of the company’s stock valued at $221,000 after purchasing an additional 8,190 shares during the last quarter. Hedge funds and other institutional investors own 66.76% of the company’s stock.

NexPoint Real Estate Finance Company Profile

(Get Rating)
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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to co*****@ma********.com.
Before you consider NexPoint Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and NexPoint Real Estate Finance wasn’t on the list.
While NexPoint Real Estate Finance currently has a “Strong Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Michael Wang of Prometheus Alternative Investments discusses how individuals should approach their portfolios as the summer rally seems to have fizzled.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | co*****@ma********.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

source

About Author