Overview

• NexPoint Q3 net income at $35 mln, EPS at $1.14 per diluted share

• Company sold multifamily property for $60 mln, realizing $3.7 mln gain

Outlook

• NexPoint expects Q4 net income attributable to common stockholders between $8.3 mln and $10.6 mln

• Company projects Q4 2025 Earnings Available for Distribution $(EAD)$ per share at $0.43 to $0.53

• NexPoint forecasts Q4 2025 Cash Available for Distribution (CAD) per share at $0.45 to $0.55

Result Drivers

• CAPITAL ALLOCATION - Co attributes stable earnings to strategic capital allocation in life sciences, self-storage, and workforce rental housing

• PROPERTY SALE - Co sold multifamily property for $60 mln, realizing $3.7 mln gain

• PREFERRED STOCK OFFERING - Co raised $65.7 mln from Series B preferred stock offering

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the commercial reits peer group is "buy."

• Wall Street's median 12-month price target for Nexpoint Real Estate Finance Inc is $14.63, about 9.1% above its October 29 closing price of $13.29

• The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nPn6j22Xta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)