NexPoint Real Estate Finance Q1 net income totals $10 mln

Overview

• U.S. real estate finance REIT reported Q1 net income of $10 mln, or $0.42 per share

• Q1 cash available for distribution was $13.5 mln, or $0.58 per diluted share

• Company guides Q2 EAD per diluted share at $0.43 midpoint, CAD at $0.54 midpoint

Outlook

• NexPoint sees Q2 2026 net income attributable to common stockholders between $7.5 mln and $9.8 mln

• Company expects Q2 2026 EAD per diluted common share at $0.43 midpoint

• Company expects Q2 2026 CAD per diluted common share at $0.54 midpoint

Result Drivers

• PORTFOLIO DIVERSIFICATION - Co attributed results to its diversified portfolio across single-family rental, multifamily, life sciences, self-storage, marinas, and industrial sectors

• DISCIPLINED CAPITAL DEPLOYMENT - Co said consistent earnings were supported by a disciplined, credit-first approach to capital deployment

• NEW LOAN FUNDINGS - Co funded $7.7 mln and $23 mln loans during the qtr, contributing to portfolio activity

Company press release: ID:nPn9w1yZDa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "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 $14.00, about 2.4% below its April 29 closing price of $14.34

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.