NREF Announces Second Quarter 2025 Results, Provides Third Quarter 2025 Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2025
0mins
Should l Buy NREF?
Source: Newsfilter
Financial Performance: NexPoint Real Estate Finance, Inc. reported a net income of $12.3 million for Q2 2025, with cash available for distribution at $10.6 million, reflecting strong earnings across its investment sectors despite market challenges.
Future Guidance: The company provided guidance for Q3 2025, estimating earnings available for distribution per diluted share to be around $0.42, while maintaining a disciplined investment strategy to capture opportunities in the current credit landscape.
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Analyst Views on NREF
Wall Street analysts forecast NREF stock price to fall
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 14.810
Low
14.00
Averages
14.50
High
15.00
Current: 14.810
Low
14.00
Averages
14.50
High
15.00
About NREF
NexPoint Real Estate Finance, Inc. is a commercial mortgage real estate investment trust (REIT). The Company is primarily focused 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 commercial mortgage-backed securities securitizations, promissory notes, revolving credit facilities and stock warrants. The Company’s primary investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term. It intends to achieve this objective primarily by originating, structuring and investing in its target assets. It primarily focuses on investments in the real estate sectors, including in the multifamily, SFR, self-storage and life science sectors, predominantly in the metropolitan statistical areas (MSAs). Its business is conducted through NexPoint Real Estate Finance Operating Partnership, L.P.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NexPoint Announces Final 2025 Dividend Allocations
- Dividend Overview: NexPoint Real Estate Finance, Inc. announced final dividend allocations for 2025, totaling $2.00 per share across common stock, Series A Preferred Stock, and Series B Preferred Stock, reflecting the company's robust cash flow and shareholder return strategy.
- Common Stock Details: The common stock distribution is set at $0.50 per share, with payment dates on March 31, June 30, September 30, and December 31, indicating the company's commitment to providing consistent returns to shareholders.
- Preferred Stock Allocations: Series A Preferred Stock will receive $0.53125 per share, while Series B Preferred Stock will receive $0.18750 per share, showcasing the company's strong reputation and financial health among preferred stock investors.
- Tax Treatment Information: With 98.374% of the ordinary income treated as qualified REIT dividends, the company demonstrates transparency in tax compliance, potentially enhancing investor confidence and attractiveness to future investments.
See More
NexPoint to Host Q4 2025 Earnings Call on February 26
- Earnings Call Scheduled: NexPoint is set to host a conference call on February 26, 2026, at 11:00 AM ET to discuss its Q4 2025 financial results, which is expected to provide investors with critical financial data and future outlook.
- Dial-in Information: Investors can join the call by dialing 888-660-4430 or +1 646-960-0537 for international callers, using Conference ID 6891136, ensuring global participation from investors.
- Live Webcast and Replay: The call will be available via a live audio webcast on the company's website, with a replay accessible for 60 days post-call, enhancing information accessibility and transparency for stakeholders.
- Financial Results Release: The company plans to issue a press release detailing its Q4 2025 financial results before the market opens on February 26, 2026, which is expected to provide key performance indicators for informed investor decision-making.
See More
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- Rate Decline: As of December 31, 2025, the average 30-year fixed mortgage rate fell to 6.15% from 6.91% a year earlier, significantly reducing borrowing costs and likely stimulating homebuyer demand in 2026.
- Market Rebound: The continued decline in mortgage rates, coupled with slower home price growth, positions 2026 as a potential rebound year for the mortgage market, with improved financing conditions expected to boost transaction activity and stabilize demand.
- Investment Opportunities: Mortgage real estate investment trusts (mREITs) like Ellington Financial, Annaly Capital, and NexPoint Real Estate Finance are likely to benefit from the improving housing backdrop, attracting investor interest and enhancing fundamentals.
- Earnings Outlook: Ellington Financial anticipates year-over-year earnings growth of 25.3% and 1.6% for 2025 and 2026, respectively, indicating strong growth potential and reinforcing its market position.
See More
Apollo Commercial Real Estate Finance Sees 144.2% Growth in 2025 EPS Estimates
- Industry Trend Improvement: The mREIT sector is expected to see asset value improvement driven by declining mortgage rates following three Fed rate cuts this year, enhancing profitability for companies in the space.
- Apollo Financing Strategy: Apollo Commercial Real Estate Finance originated $1 billion in new loans in Q3, leveraging its strong real estate credit platform, with earnings growth anticipated to materialize in Q4 2025.
- Ellington Diversified Investments: Ellington Financial maintains low leverage and a diversified portfolio with dynamic hedging strategies, projecting a 25.3% growth in 2025 EPS, demonstrating resilience amid market volatility.
- NexPoint Market Outlook: NexPoint focuses on multi-family and single-family rental markets, with a 1.7% growth in 2025 EPS estimates, reflecting optimism about long-term housing demand trends.
See More
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Investment Opportunities: Investors are encouraged to consider mREIT stocks like Two Harbors Investments Corp, NexPoint Real Estate Finance, and Ellington Financial, which are expected to deliver strong returns in 2026 due to improving economic conditions and declining mortgage rates.
Company Performance: Two Harbors reported a significant reduction in net interest losses, while NexPoint saw a substantial increase in net interest income, reflecting improved portfolio performance. Ellington Financial maintained stability through diversified investments and risk management strategies.
Future Outlook: Economic growth is anticipated to accelerate in 2026, with lower inflation and unemployment, which will likely lead to favorable conditions for mortgage origination and refinancing, benefiting the mREIT sector.
See More
NREF Raises $404.5M in Series B Preferred Stock, Launches $200M Series C Offering
- Successful Financing: NREF has successfully closed its 9.00% Series B Preferred Stock offering, raising approximately $404.5 million, fully subscribing its initial $400 million offering, which reflects strong investor confidence in the company's financial performance and further strengthens its balance sheet.
- New Series Launch: Following the success of Series B, NREF is launching a $200 million 8.00% Series C Preferred Stock offering priced at $25.00 per share, with the first scheduled close on December 19, 2025, aimed at providing investors with stable income and limited share price volatility.
- Commitment to Strategic Growth: NREF's Chief Investment Officer, Matt McGraner, noted that the strong demand for Series B reflects the company's ongoing commitment to real estate finance, and the launch of Series C supports its mission to finance high-quality real estate assets.
- Capital Management Discipline: The Series C Preferred Stock offering is being conducted under the Company's effective shelf registration statement, further demonstrating NREF's disciplined approach to capital management and strategic growth, aimed at creating long-term value for shareholders.
See More
NexPoint Announces Final 2025 Dividend Allocations
- Dividend Overview: NexPoint Real Estate Finance, Inc. announced final dividend allocations for 2025, totaling $2.00 per share across common stock, Series A Preferred Stock, and Series B Preferred Stock, reflecting the company's robust cash flow and shareholder return strategy.
- Common Stock Details: The common stock distribution is set at $0.50 per share, with payment dates on March 31, June 30, September 30, and December 31, indicating the company's commitment to providing consistent returns to shareholders.
- Preferred Stock Allocations: Series A Preferred Stock will receive $0.53125 per share, while Series B Preferred Stock will receive $0.18750 per share, showcasing the company's strong reputation and financial health among preferred stock investors.
- Tax Treatment Information: With 98.374% of the ordinary income treated as qualified REIT dividends, the company demonstrates transparency in tax compliance, potentially enhancing investor confidence and attractiveness to future investments.
See More
NexPoint to Host Q4 2025 Earnings Call on February 26
- Earnings Call Scheduled: NexPoint is set to host a conference call on February 26, 2026, at 11:00 AM ET to discuss its Q4 2025 financial results, which is expected to provide investors with critical financial data and future outlook.
- Dial-in Information: Investors can join the call by dialing 888-660-4430 or +1 646-960-0537 for international callers, using Conference ID 6891136, ensuring global participation from investors.
- Live Webcast and Replay: The call will be available via a live audio webcast on the company's website, with a replay accessible for 60 days post-call, enhancing information accessibility and transparency for stakeholders.
- Financial Results Release: The company plans to issue a press release detailing its Q4 2025 financial results before the market opens on February 26, 2026, which is expected to provide key performance indicators for informed investor decision-making.
See More
Mortgage Rates Drop to 6.15% by Year-End 2025, Signaling Relief for Homebuyers
- Rate Decline: As of December 31, 2025, the average 30-year fixed mortgage rate fell to 6.15% from 6.91% a year earlier, significantly reducing borrowing costs and likely stimulating homebuyer demand in 2026.
- Market Rebound: The continued decline in mortgage rates, coupled with slower home price growth, positions 2026 as a potential rebound year for the mortgage market, with improved financing conditions expected to boost transaction activity and stabilize demand.
- Investment Opportunities: Mortgage real estate investment trusts (mREITs) like Ellington Financial, Annaly Capital, and NexPoint Real Estate Finance are likely to benefit from the improving housing backdrop, attracting investor interest and enhancing fundamentals.
- Earnings Outlook: Ellington Financial anticipates year-over-year earnings growth of 25.3% and 1.6% for 2025 and 2026, respectively, indicating strong growth potential and reinforcing its market position.
See More
Apollo Commercial Real Estate Finance Sees 144.2% Growth in 2025 EPS Estimates
- Industry Trend Improvement: The mREIT sector is expected to see asset value improvement driven by declining mortgage rates following three Fed rate cuts this year, enhancing profitability for companies in the space.
- Apollo Financing Strategy: Apollo Commercial Real Estate Finance originated $1 billion in new loans in Q3, leveraging its strong real estate credit platform, with earnings growth anticipated to materialize in Q4 2025.
- Ellington Diversified Investments: Ellington Financial maintains low leverage and a diversified portfolio with dynamic hedging strategies, projecting a 25.3% growth in 2025 EPS, demonstrating resilience amid market volatility.
- NexPoint Market Outlook: NexPoint focuses on multi-family and single-family rental markets, with a 1.7% growth in 2025 EPS estimates, reflecting optimism about long-term housing demand trends.
See More
Mortgage Rates Keep Declining: 3 mREIT Stocks to Consider for 2026
mREIT Industry Trends: The mortgage REIT industry faced volatility in 2025 due to macroeconomic uncertainty, with mortgage rates fluctuating and a notable decline to 6.21% by December, following a series of interest rate cuts by the Fed.
Investment Opportunities: Investors are encouraged to consider mREIT stocks like Two Harbors Investments Corp, NexPoint Real Estate Finance, and Ellington Financial, which are expected to deliver strong returns in 2026 due to improving economic conditions and declining mortgage rates.
Company Performance: Two Harbors reported a significant reduction in net interest losses, while NexPoint saw a substantial increase in net interest income, reflecting improved portfolio performance. Ellington Financial maintained stability through diversified investments and risk management strategies.
Future Outlook: Economic growth is anticipated to accelerate in 2026, with lower inflation and unemployment, which will likely lead to favorable conditions for mortgage origination and refinancing, benefiting the mREIT sector.
See More
NREF Raises $404.5M in Series B Preferred Stock, Launches $200M Series C Offering
- Successful Financing: NREF has successfully closed its 9.00% Series B Preferred Stock offering, raising approximately $404.5 million, fully subscribing its initial $400 million offering, which reflects strong investor confidence in the company's financial performance and further strengthens its balance sheet.
- New Series Launch: Following the success of Series B, NREF is launching a $200 million 8.00% Series C Preferred Stock offering priced at $25.00 per share, with the first scheduled close on December 19, 2025, aimed at providing investors with stable income and limited share price volatility.
- Commitment to Strategic Growth: NREF's Chief Investment Officer, Matt McGraner, noted that the strong demand for Series B reflects the company's ongoing commitment to real estate finance, and the launch of Series C supports its mission to finance high-quality real estate assets.
- Capital Management Discipline: The Series C Preferred Stock offering is being conducted under the Company's effective shelf registration statement, further demonstrating NREF's disciplined approach to capital management and strategic growth, aimed at creating long-term value for shareholders.
See More
