Nexpoint Real Estate Finance posts Q3 net loss of $12.2 mln

By Reuters News


Overview

  • U.S. REIT reported Q3 net loss of $12.2 mln, or $0.65 per diluted share

  • Company says Q3 earnings covered dividend and portfolio remains focused on durable demand sectors

  • Company expects positive net income attributable to common stockholders in Q4 2026


Outlook

  • NexPoint Real Estate Finance sees Q4 2026 EAD per diluted share at $0.42 midpoint

  • Company expects Q4 2026 CAD per diluted share of $0.55 at the midpoint

  • NexPoint Real Estate Finance forecasts Q4 2026 net income attributable to common stockholders of $6.8 mln to $9.2 mln


Result Drivers

  • DISCIPLINED UNDERWRITING - Co said its selective approach to deploying capital and disciplined underwriting supported stable income and portfolio growth, per Chief Investment Officer Matthew McGraner

  • SECTOR FOCUS - Co said portfolio remains concentrated in life sciences, multifamily, and single-family rental sectors

  • CAPITAL DEPLOYMENT - Co funded new loans and preferred equity investments with high returns during the qtr


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Loss Per Share

$0.65

Q3 Net Loss

$12.20 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the commercial reits peer group is "buy."

  • Wall Street's median 12-month price target for NexPoint Real Estate Finance, Inc. is $16.25, about 11% above its November 4 closing price of $14.64

  • The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago


Reuters Recommended Reads

  • Nov 3 - NexPoint Residential Q3 revenue slightly beats estimates, net loss widens

  • Nov 3 - Redwood Trust Q3 loss widens

  • Nov 3 - Angel Oak Mortgage Q3 net loss widens, book value falls


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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