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Stock impact report

Keefe Bruyette Adjusts NexPoint Real Estate Finance (NREF) Target, Keeps Market Perform [Yahoo! Finance]

NexPoint Real Estate Finance, Inc. (NREF) 
Company Research Source: Yahoo! Finance
On January 8, Keefe Bruyette trimmed its price target on NexPoint Real Estate Finance, Inc. (NYSE:NREF) to $14 from $14.50. The firm maintained a Market Perform rating on the stock. In the company's Q3 2025 earnings update, CFO and EVP of Finance Paul Richards said profitability improved sharply from the prior year. Net income rose to $1.12 per diluted share, up from $0.74 in the third quarter of 2024. Richards attributed most of the upside to stronger unrealized gains tied to preferred stock and warrant investments. Earnings available for distribution were $0.51 per diluted share, while cash available for distribution totaled $0.53 per share. Richards also walked through several key balance sheet moves during the quarter. NexPoint put $42.5 million into a life sciences preferred investment and sold a multifamily property for $60 million, booking a $3.7 million gain on the sale. The company also raised $65.7 million through its Series B preferred stock offering. Those actions f Show less Read more
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