NexPoint Real Estate Finance (NREF) Expected to Announce Earnings on Thursday

NexPoint Real Estate Finance (NYSE:NREF) is expected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect NexPoint Real Estate Finance to post earnings of $0.77 per share and revenue of $11.38 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

NexPoint Real Estate Finance Price Performance

Shares of NexPoint Real Estate Finance stock opened at $15.66 on Thursday. The company has a debt-to-equity ratio of 1.71, a current ratio of 280.30 and a quick ratio of 280.30. NexPoint Real Estate Finance has a fifty-two week low of $12.63 and a fifty-two week high of $18.09. The firm has a fifty day moving average price of $15.61 and a two-hundred day moving average price of $15.73. The company has a market cap of $273.34 million, a PE ratio of 14.91 and a beta of 1.64.

Analysts Set New Price Targets

A number of analysts have weighed in on NREF shares. JMP Securities reissued a “market perform” rating on shares of NexPoint Real Estate Finance in a report on Friday, January 10th. Keefe, Bruyette & Woods dropped their price objective on shares of NexPoint Real Estate Finance from $16.50 to $15.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th.

About NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities or target assets.