earnings
confidence high
sentiment positive
materiality 0.70
NREF Q4 net income $17.9M ($0.74/sh), CAD $11.8M ($0.51/sh); portfolio $1.6B, no forbearance
NexPoint Real Estate Finance, Inc.
2023-FY EPS reported
$0.60
- Q4 2023 net income $17.9M ($0.74 diluted EPS); cash available for distribution $11.8M ($0.51/sh).
- Total portfolio $1.6B across 87 investments; sectors: SFR 46%, multifamily 47%, life sciences 5%, self-storage 2%.
- Weighted-average LTV 68.8%, DSCR 1.72x; no loans in forbearance as of Feb 28, 2024.
- Q4 origination: $16.5M follow-on preferred equity, $15.3M new preferred equity at 11.5% yield; $33M in redemptions received.