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NexPoint Real Estate ate Finance (NREF)
NYSE:NREF
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.48Last Year’s EPS
-0.46Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -18.46%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed picture with notable increases in full-year net income and cash available for distribution, indicating strong portfolio performance and growth prospects in life sciences and multifamily sectors. However, there are concerns regarding the decrease in Q4 net income and book value coverage as well as some delinquency in the Freddie Mac K-series portfolio.Company Guidance
During the NexPoint Real Estate Finance, Inc. Q4 2024 earnings call, guidance for the first quarter of 2025 was provided, indicating anticipated earnings available for distribution at $0.45 per diluted common share, with a range between $0.40 and $0.50. Cash available for distribution is expected to be $0.50 per diluted common share, ranging from $0.45 to $0.55. The company also highlighted a regular dividend of $0.50 per share declared for Q1 2025. The call detailed Q4 2024 financial results, noting a net income of $0.43 per diluted share and a substantial increase in interest income to $32.3 million, up from $16.9 million in Q4 2023. NexPoint's diversified investments across sectors and geographic regions were discussed, with key allocations in multifamily and life sciences. The company anticipates growth in its multifamily and storage portfolios and is actively exploring opportunities in life sciences and manufacturing, supported by strong capital options.Increase in Net Income for Full Year
Net income for the full year of 2024 increased to $1.02 per diluted share from $0.60 per diluted share in 2023, driven by an increase in net interest income.
Earnings Available for Distribution Growth
Earnings available for distribution increased to $0.83 per diluted common share in Q4 2024 compared to $0.44 in Q4 2023.
Cash Available for Distribution Increase
Cash available for distribution for the full year increased to $2.42 per diluted share in 2024 from $2.05 in 2023, representing an increase of 18%.
Strong Portfolio Performance
The portfolio remains strong with diversified investments and a collateralization rate of 76.5% stabilized assets, a loan-to-value of 59.2%, and a weighted average DSCR of 1.32 times.
Life Sciences and Multifamily Growth Prospects
Life sciences and multifamily sectors are expected to see significant growth with investments in construction financing and advanced manufacturing opportunities.
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NREF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NREF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $15.71 | $15.89 | +1.15% |
| Oct 31, 2024 | $13.38 | $14.24 | +6.43% |
| Aug 01, 2024 | $13.17 | $13.04 | -0.99% |
| May 02, 2024 | $11.40 | $11.65 | +2.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NexPoint Real Estate ate Finance (NREF) report earnings?
NexPoint Real Estate ate Finance (NREF) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is NexPoint Real Estate ate Finance (NREF) earnings time?
NexPoint Real Estate ate Finance (NREF) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NREF EPS forecast?
NREF EPS forecast for the fiscal quarter 2025 (Q1) is 0.48.
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