NREF - NYSE

NexPoint Real Estate Finance, Inc.

NREF·NYSE

$15.77

-1.6%

Real EstateREIT - Mortgage

NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations. The company intends to qualify as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2019 and is based in Dallas, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$297.23M

EPS4.3800

P/E Ratio3.27

Earnings Date07/30/2026

5.32B

Assets

-2%

3Y-35.0%

5Y-14.0%

10Y+12864.0%

4.49B

Total Liabilities

-7%

3Y-41.0%

5Y-22.0%

10Y+11726.0%

833.88M

Total Equity

46%

3Y+53.0%

5Y+106.0%

10Y+26808.0%

NexPoint Real Estate Finance, Inc. Funding & Solvency Profile

NREF · NYSE

Current Assets

Cash & Cash Equivalents34.35M

Net Receivables62.14M

Inventory0.00

Other Current Assets0.00

Total Current Assets96 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets0.00

Long-Term Investments4.49B

Other Non-Current Assets735.22M

Total Non-Current Assets5 B

Total Assets

5.32B

Financial Health Analysis

Current Ratio

0.37x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

5.38x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-161545000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

2% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

NexPoint Real Estate Finance, Inc. Balance Sheet

NREF • NYSE

NexPoint Real Estate Finance, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2016	Dec 2015
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	34.4M	3.9M	13.8M	20M	26.5M	30.2M	301.8K	10.8M	456K	601K
Cash & Short-Term Investments	34.4M	3.9M	13.8M	20M	26.5M	30.2M	301.8K	10.8M	456K	601K
Net Receivables	62.1M	5.1B	6.7B	7.7B	8.3B	6.1B	4.3M	2B	164K	25K
Accounts Receivables	62.1M	5.1B	6.7B	7.7B	8.3B	6.1B	4.3M	2B	164K	25K
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	-4.3M	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	87K	32K
Other Current Assets	0.0	45.8M	29.2M	18.2M	15.5M	9.1M	4.3M	3.4M	227K	368K
Total Current Assets	96.5M	5.2B	6.7B	7.8B	8.3B	6.1B	4.6M	2B	934K	1M
NON-CURRENT ASSETS
Long-Term Investments	4.5B	105.2M	114.6M	110.6M	58.5M	44.6M	40.5M	42M	5.3M	0.0
Other Non-Current Assets	735.2M	156.8M	167.8M	292.1M	132.1M	39M	0.0	0.0	39.6M	40M
Total Non-Current Assets	5.2B	262.1M	282.3M	402.7M	190.5M	83.6M	40.5M	42M	44.9M	40M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	2.7B	0.0	0.0	0.0
Total Assets	5.3B	5.4B	7B	8.2B	8.5B	6.2B	2.8B	2B	45.8M	41.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	9.5M	6.4M	6.2M	3.9M	1.8M	0.0	170.7K	1.3M	1.1M
Accounts Payable	0.0	9.5M	6.4M	6.2M	3.9M	1.8M	0.0	170.7K	851K	267K
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	472K	846K
Accrued Expenses	0.0	10M	8.2M	8M	4M	2.3M	0.0	732.4K	58K	50K
Short Term Debt	258M	373.4M	303.5M	331M	286.3M	161.5M	0.0	56.8M	0.0	0.0
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	193K	179K
Other Current Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	1.7B	0.0	112K	102K
Total Current Liabilities	258M	392.9M	318.2M	345.2M	294.2M	165.6M	1.7B	57.7M	1.5M	1.3M
NON-CURRENT LIABILITIES
Long Term Debt	4.2B	4.5B	6.3B	7.3B	7.7B	5.6B	2.4B	1.7B	37.7M	36.7M
Other Non-Current Liabilities	27.5M	0.0	0.0	0.0	-1.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	4.2B	4.5B	6.3B	7.3B	7.7B	5.6B	2.4B	1.7B	37.7M	36.7M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	-1.7B	0.0	0.0	0.0
Total Liabilities	4.5B	4.8B	6.6B	7.6B	8B	5.8B	2.4B	1.8B	39.2M	38M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	-4.2M	-4.2M	-4.2M	-4.8M	0.0	0.0	0.0	0.0
Preferred Stock	361.7M	149.1M	48K	-8.6M	-8.6M	-8.6M	0.0	0.0	0.0	0.0
Common Stock	0.0	174K	172K	171K	92K	50K	0.0	0.0	10K	5K
Additional Paid-In Capital	0.0	387.9M	395.7M	392.1M	222.3M	138M	0.0	0.0	9.5M	4.2M
Retained Earnings	0.0	-54.9M	-35.8M	4.4M	28.4M	3.5M	0.0	0.0	-3.5M	-1.8M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-25K	-18K
Other Total Stockholders' Equity	389.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	751.4M	482.2M	355.9M	384M	238M	128.2M	0.0	0.0	6M	2.4M
Total Equity	833.9M	571.7M	445.5M	545M	506.7M	403.9M	347.7M	239.9M	6.6M	3.1M
Minority Interest	82.5M	89.5M	89.6M	161M	268.7M	275.7M	347.7M	239.9M	647K	681K
SUMMARY
Total Liabilities & Equity	5.3B	5.4B	7B	8.2B	8.5B	6.2B	2.8B	2B	45.8M	41.1M
Total Investments	4.5B	105.2M	114.6M	110.6M	58.5M	44.6M	40.5M	42M	5.3M	0.0
Total Debt	4.5B	4.8B	6.6B	7.6B	8B	5.8B	2.4B	1.8B	37.7M	36.7M
Net Debt	4.4B	4.8B	6.5B	7.6B	8B	5.7B	2.4B	1.8B	37.2M	36.1M
Shares Outstanding	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828	17,721,828

SEC Filings

NREF - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 15, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 13, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 20, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 03, 2026	March 30, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 31, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 23, 2026	January 16, 2026	2026	View Filing

Showing 1 to 10 of 111 filings

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