earnings
confidence medium
sentiment positive
materiality 0.65
NREF Q3 net income $16.1M ($0.75/sh), CAD $0.67/sh; Q4 guidance issued
NexPoint Real Estate Finance, Inc.
2024-Q3 EPS reported
$0.54
- Net income attributable to common $16.1M, diluted EPS $0.75; cash available for distribution $15.8M ($0.67/sh).
- Total investment portfolio $1.1B across 83 assets; weighted avg LTV 60.2%, DSCR 1.36x.
- No loans in forbearance; sold CMBS B-Piece $82MM at 9.20% bond equivalent yield.
- Funded $28.8MM loan at SOFR+900 bps; portfolio mix: multifamily 52%, life sciences 27%, SFR 17%.
- Provided Q4 2024 guidance (specific figures not detailed in excerpt).