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NREF · NexPoint Real Estate Finance, Inc.

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$12.27 -0.40 (-3.16%) At close · Nov 13
Russell 2000 member Rebalance outlook locked
Market Cap
$231.27M
Shares
18.85M
Volume · Nov 13 162.38K Avg daily vol (3M) 64.75K

Price & Indicators

Drag to pan · scroll to zoom
Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$12.27 Open$12.76 Day$12.16–12.79 52W close$12.27–18.17 Avg vol 30d65K Short int498K · 2.6% of shares · 9.3d Short vol43% Last earningsNov 5, 2026 DataFeb 2020–Nov 2026 Filing10-Q · Nov 10

Up next

Next earnings call
Feb 25, 2027 Est · unconfirmed · in 15 wks
Q3 2026 earnings call transcript
call held Nov 5, 2026
Play latest call

Latest documents

2026
Nov 10
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Third-quarter net loss reaches $12.2 million despite stronger interest income

NexPoint Real Estate Finance, Inc. reported a third-quarter net loss attributable to common stockholders of approximately $12.2 million, while net interest income rose to $17.3 million and investments acquired or originated totaled $110,541,452.

Net loss $922K Diluted EPS -$0.65
Read from the MD&A section
4 source passages
Our net loss attributable to common stockholders for the three months ended September 30, 2026 was approximately $12.2 million. Net interest income was $17.3 million for the three months ended September 30, 2026 compared to $12.5 million for the three months ended September 30, 2025 which was an increase of approximately $4.8 million. The Company acquired or originated the following investments through the Subsidiary OPs in the three months ended September 30, 2026. 110,541,452 Open the document at this passage
Nov 5
Earnings call
NREF posts $0.65 loss and declares $0.50 dividend

NREF reported a Q3 net loss of $0.65 per diluted share, declared a $0.50 fourth-quarter dividend and guided Q4 earnings available for distribution to $0.42 per diluted share at midpoint. It expanded the Mizuho Capital Markets facility to $450 million.

5 source passages
For the third quarter, we reported a net loss of $0.65 per diluted share, compared to $1.14 for Q3 2025. On October 26, 2026, the board declared a dividend of $0.50 per share payable for the fourth quarter of 2026. Earnings available for distribution, $0.42 per diluted share at the midpoint, with a range of $0.37 on the low end and $0.47 on the high end. During the quarter, we upsized our $375 million term loan facility and total return swap with Mizuho Capital Markets to $450 million, which we used to fund existing commitments, primarily an $80.5 million bridge loan, yielding 40 percent, that paid off at the end of the quarter. One critical need for the market will be to provide solution and special situation capital for the residential sector, and this is a great opportunity for NREF over the next couple of years, with the caveat that it might not fully materialize if the capital markets rapidly improve, which we wouldn't hate either. Open the document at this passage
Nov 5
Current report 8-K
NREF posts $12.2 million third-quarter net loss

NexPoint Real Estate Finance (NREF) posted a $12.2 million net loss attributable to common stockholders, or $0.65 per diluted share, for the quarter ended September 30, 2026; cash available for distribution was $14.0 million, or $0.60 per diluted share.

Financial results
3 source passages
Dallas, TX, November 5, 2026 – NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended September 30, 2026. NREF reported net loss attributable to common stockholders of $12.2 million, or $0.65 per diluted share1, for the three months ended September 30, 2026. NREF reported cash available for distribution2 of $14.0 million, or $0.60 per diluted common share2, for the three months ended September 30, 2026. Open the document at this passage
Aug 13
Quarterly report 10-Q FY2026 Q2, ended Jun 30
Quarterly report for FY2026 Q2 AI summary on its way
Net income $17.3M ▼ 22.3% Diluted EPS $0.29 ▼ 46.3%
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
$63.06M
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
23.2
Trailing earnings · reciprocal yield 4.3%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$740.09M
Latest balance sheet
Dividend yield
16.3%
Trailing 12 months
Shares change YoY
-57.0%
Year over year · fewer shares
Price change (1Y)
-11.2%
Trailing year
Short interest
2.6%
Latest settlement · 9.3 days to cover
View all 129 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26

TL;DR. NREF closed a $375MM Mizuho term loan/TRS to refinance its 5.75% senior notes and funded new investments at 14% coupons, while book value declined 1.9% QoQ, GAAP net income and EPS fell sharply YoY, and Q3 EAD guidance of $0.43/share remains below the $0.50 dividend.

Bullish
  • + Closed $375MM Mizuho term loan/TRS to repay $180MM of 5.75% senior notes, replacing fixed-rate unsecured debt with flexible asset-based financing
  • + Q2 CAD of $0.58/share covered the $0.50 dividend 1.16x
  • + Q2 EAD of $0.46/share rose 7.0% sequentially and beat April guidance
Bearish
  • − Book value per diluted share fell 1.9% QoQ to $18.60, driven by unrealized losses on stock warrants
  • − GAAP net income attributable to common stockholders fell to $0.29/share in Q2 2026 from $0.54/share in Q2 2025
  • − Q3 2026 EAD guidance midpoint of $0.43/share remains below the $0.50 dividend

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Strong Sell Momentum Very Weak Sentiment Bullish Fundamentals Strong Quant / Vol High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Strong Sell
50 / 200-day cross No cross
Price vs 200-day avg −20%
below
Price vs 50-day avg −20%
below
RSI (14) 25
oversold
MACD trend Negative
52-week position 0%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −20%
trailing
6-month return −20%
trailing
YTD return −13%
this year
Relative strength −20%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $15 › 200d $15 — 50d above 200d
Institutional flow Accumulating
66 of 79 funds reported for Sep 30 · net +80.8K sh shares · +8 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
2.64% of shares out · ▼ -0.9% MoM · 9.3 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
79 holders — mid 3-yr range
Squeeze score 63
elevated · 0–100
Fundamentals
Strong
EPS growth +179%
Y/Y
Valuation P/E 15.3
in line
Buyback $20.0M
authorized
Balance sheet $740.1M
net debt
Quant / Vol
risk profile
High
Volatility 29%
annualized · 1-yr
Max drawdown −32%
past year
ATR 4.9%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Nov 5, 2026
Earnings available for distribution · fourth quarter $0.37 – $0.47
Cash available for distribution · fourth quarter $0.50 – $0.60
Previous outlook earlier release · from the 8-K filed Aug 6, 2026

Still-open targets the latest release did not restate under the same label.

EPS per Weighted Average Share - diluted · For the Three Months Ended September 30, 2026 $0.32 – $0.36
Prior guidance period ended · from the Earnings Call filed Aug 6, 2026
Earnings available for distribution · Q3 $0.38 – $0.48
Cash available for distribution · Q3 $0.50 – $0.60

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Sell
4 · 3 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−20% Bearish
Price vs 50-day avg
−20% Bearish
RSI (14)
25 Neutral
MACD trend
Negative Bearish
52-week position
0% Bearish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $15 › 200d $15 — 50d above 200d
Institutional flow Accumulating
66 of 79 funds reported for Sep 30 · net +80.8K sh shares · +8 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
2.64% of shares out · ▼ -0.9% MoM · 9.3 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
79 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $12 Now $12 · 0% Range high $18
vs 200-day avg -20% vs 50-day avg -20%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted weighted-average common shares outstanding - diluted non-GAAP 24.06M Q2 2026 —
Average remaining term 4 2Q 2026 —
Book value $428.5M 2Q 2026 —
CAD non-GAAP 13.88M Q2 2026 —
CAD per Diluted Common Share non-GAAP $0.58 Q2 2026 —
Cash available for distribution per diluted common share non-GAAP $0.58 2Q 2026 —
Current principal $1.1B 2Q 2026 —
EAD non-GAAP 11.18M Q2 2026 —
EAD per Diluted Common Share non-GAAP $0.46 Q2 2026 —
Number of investments 85 Q2 2026 —
Outstanding total portfolio 1.1B Q2 2026 —
Percentage of portfolio stabilized 80.3% 2Q 2026 —
Senior Secured Term Loan $375M 2Q 2026 —
Series C Preferred $22.6M 2Q 2026 —
Weighted average loan to value 63.4% 2Q 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Mortgage — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
NREF
NexPoint Real Estate Finance, Inc.
this stock
$231.27M -12.9% — 15.3 2.6%
NLY
Annaly Capital Management Inc
 $13.91B -21.1% — 12.4 3.4%
AGNC
AGNC Investment Corp.
 $10.48B -23.2% — — 11.8%
RITM
Rithm Capital Corp.
 $5.01B -17.7% -6.7% 14.2 5.8%
STWD
Starwood Property Trust, Inc.
 $4.13B -37.0% -5.3% — 5.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
85
% held
68.9%
Reported
66 of 79
Top holder
NEXPOINT ASSET MANAGEMENT…
Held Float
View
Held by Funds
Fund positions
85
View
Short & Settlement
Short Interest Falling
Shares short
497.9K
Days to cover
9.3d
Change
-4.6K sh
View
Short Volume
Short vol %
43%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
62
Value
$946
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
44.0%
Week of
Oct 5, 2026
Off-exch Lit
View
Financials
Financials
EPS diluted
$2.85
View
Buybacks
Authorized
$20.0M
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 10, 2026
This year
18

NexPoint Real Estate Finance, Inc. reported a third-quarter net loss attributable to common stockholders of approximately $12.2 million, while net interest income rose to $17.3 million and investments acquired or originated totaled $110,541,452.

View
Proposed Sales
Value
$180.6K
Shares
11.9K
Filed
Dec 11, 2025
View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
NREF Announces Third Quarter 2026…
Published
Nov 5, 2026
View

Performance

5D 20D 120D MTD YTD
NREF -8.4% -20.4% -19.8% -18.8% -12.9%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -11.0% -19.3% -20.3% -18.6% -23.5%

Capital returns

Latest dividend
$0.50 / share · ex Sep 15, 2026
Declared · upcoming
$0.50 / share · ex Dec 15, 2026
Cut 27%
Paid (TTM)
$2.00 / share · 4 payouts
Dividend yield (TTM, derived)
16.30%
Full dividend history
Buyback program · as of Feb 22, 2023
Authorized
$20.00M
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1786248 CUSIP 65342V101 13F (30d) 71 filings 57 filers Visit website Investor relations