earnings
confidence high
sentiment positive
materiality 0.65
NREF reports Q4 2024 net income $8.4M, CAD $0.47 per share; portfolio $1.2B
NexPoint Real Estate Finance, Inc.
2024-FY EPS reported
$1.02
- Net income $8.4M ($0.43 diluted EPS); cash available for distribution $10.9M ($0.47 diluted per share).
- Investment portfolio of $1.2B across 83 assets: multifamily 49.7%, life sciences 31.0%, SFR 15.5%.
- Weighted-average LTV 59.2% and DSCR 1.32x on senior loans, CMBS, preferred equity, and mezzanine.
- Funded $16.7M on a loan at SOFR+900 bps; redeemed a MBS with $9.5M outstanding principal in 4Q.
- First-quarter 2025 guidance provided; management cites proactive capital deployment in challenging credit market.