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NexPoint Real Estate Finance, Inc.

corporate_fare Company Profile

NexPoint Real Estate Finance, Inc.

NREF·NYSE·Real Estate & Construction·CIK 0001786248

NexPoint Real Estate Finance, Inc. is a commercial mortgage REIT incorporated in Maryland on June 7, 2019. The company focuses on originating, structuring, and investing in various real estate-related assets. These include first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments. The company also invests in multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes, revolving credit facilities, and stock warrants. NexPoint Real Estate Finance primarily targets investments in real estate sectors where its senior management team has operating expertise. These sectors include multifamily, single-family rental, self-storage, industrial, and life science, predominantly within the top 50 metropolitan statistical areas. The company also provides loans for redevelopment and development projects in special situations that have strong sponsorship and clear cost basis detachment points and exit options. Substantially all of the company's business is conducted through NexPoint Real Estate Finance Operating Partnership, L.P. As of December 31, 2025, NexPoint Real Estate Finance, Inc. held approximately 86.56% of the common limited partnership units in the operating partnership, representing 100% of the Class A OP Units. The operating partnership owned all of the common limited partnership units of its three subsidiary partnerships. The operating partnership also directly owns all membership interests of a limited liability company through which it holds a portfolio of mezzanine loans. NexPoint Real Estate Finance OP GP, LLC is the sole general partner of the operating partnership.

NexPoint Real Estate Finance, Inc. (NYSE:NREF) is a publicly traded company in the Real Estate & Construction sector. Wiseek has independently scored 16 items for NREF at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-20, rated 7/10. Across its 16 most recent items scored 7 or higher, the top rating is 9/10, with 10 rated 8 or above. Recent SEC coverage for NREF spans 8-K, 10-Q, DEF 14A, PRE 14A.

Recent high-impact activity:

  • NexPoint Upsizes Mizuho Facility to $450M, Adds $144M Cash Collateral
  • NREF 10-Q Reveals Going Concern Risk and $118.5M Debt Wall Within 12 Months
  • NexPoint Q2 Net Income Falls, But Cash Distribution Rises; Guides Q3
  • NexPoint Real Estate Finance Reports Q2 Earnings Decline, Provides Q3 Guidance
  • Shareholders Approve Common Stock Issuance for Preferred Redemption

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
$123.14M
Diluted EPS
$2.85
Op. Cash Flow
$22.92M
Free Cash Flow
$21.47M
Cash & Equivalents
$31.11M
Total Debt
$771.2M
Debt / Equity
1.99×
Shares Outstanding
18.57M sh
Source: 10-K · filed 2026-03-31 · accession 0001193125-26-134672

Short Interest & Short Volume

7.20 days to cover

FINRA reported short interest of 502,946 shares in NREF as of the September 15, 2026 settlement, a 36.4% increase from the prior period — about 7.2 days to cover at its recent average daily volume. On October 2, 2026, 69.8% of NREF volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)502,946 shares as of September 15, 2026
Change vs prior period▲ 36.4%
Days to cover7.20 at avg daily volume of 69,817
Daily short volume (FINRA facilities)69.8% of 29,508 shares on October 2, 2026
5-day average short volume74.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for NREF, detected from its recent SEC filings · based on capital-structure filings through 2026-04-20.

Annual Shareholder Meeting Scheduled · Vote on Common Stock Issuance for Preferred Redemptions

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$15.81
52-week range · as of 2026-08-20 $12.36 – $18.43
Market cap
$297.99M
Volume
62.7K (0.9× avg)
3-mo avg 67.4K
Live data · 2026-10-04 14:39 UTC · Market closed

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feed NREF - Latest Insights

NREF
Aug 20, 2026, 4:16 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $17.26
Real-time Price: $15.81 info
Change: -$1.45 (-8%) info
Market Cap: $297.987M info
NREF
Aug 12, 2026, 9:15 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $16.80
Real-time Price: $15.81 info
Change: -$0.990 (-6%) info
Market Cap: $297.987M info
NREF
Aug 06, 2026, 8:25 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $16.92
Real-time Price: $15.81 info
Change: -$1.11 (-7%) info
Market Cap: $297.987M info
NREF
Aug 06, 2026, 6:38 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $16.92
Real-time Price: $15.81 info
Change: -$1.11 (-7%) info
Market Cap: $297.987M info
NREF
Jun 02, 2026, 4:18 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $15.77
Real-time Price: $15.81 info
Change: +$0.040 (+0.25%) info
Market Cap: $297.987M info
NREF
May 15, 2026, 4:01 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $15.06
Real-time Price: $15.81 info
Change: +$0.750 (+5%) info
Market Cap: $297.987M info
NREF
May 13, 2026, 4:36 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $15.61
Real-time Price: $15.81 info
Change: +$0.200 (+1%) info
Market Cap: $297.987M info
NREF
Apr 30, 2026, 7:30 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $14.34
Real-time Price: $15.81 info
Change: +$1.47 (+10%) info
Market Cap: $297.987M info
NREF
Apr 20, 2026, 8:00 AM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $14.06
Real-time Price: $15.81 info
Change: +$1.75 (+12%) info
Market Cap: $297.987M info
NREF
Apr 08, 2026, 4:17 PM EDT
Filing Type: PRE 14A
Importance Score:
8
Price at Filing: $13.50
Real-time Price: $15.81 info
Change: +$2.31 (+17%) info
Market Cap: $297.987M info
NREF
Apr 03, 2026, 4:27 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $13.36
Real-time Price: $15.81 info
Change: +$2.45 (+18%) info
Market Cap: $297.987M info
NREF
Mar 31, 2026, 4:25 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $13.47
Real-time Price: $15.81 info
Change: +$2.34 (+17%) info
Market Cap: $297.987M info
NREF
Feb 26, 2026, 6:01 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $14.62
Real-time Price: $15.81 info
Change: +$1.19 (+8%) info
Market Cap: $297.987M info
NREF
Jan 23, 2026, 4:16 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $14.62
Real-time Price: $15.81 info
Change: +$1.19 (+8%) info
Market Cap: $297.987M info
NREF
Jan 02, 2026, 8:34 PM EST
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $14.09
Real-time Price: $15.81 info
Change: +$1.72 (+12%) info
Market Cap: $297.987M info
NREF
Jan 02, 2026, 7:11 PM EST
Filing Type: 4
Importance Score:
8
Price at Filing: $14.09
Real-time Price: $15.81 info
Change: +$1.72 (+12%) info
Market Cap: $297.987M info
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