NexPoint real estate finance CFO Paul Richards buys $12,280 in stock

Published 10/04/2025, 22:02
NexPoint real estate finance CFO Paul Richards buys $12,280 in stock

Paul Richards, the Chief Financial Officer of NexPoint Real Estate Finance, Inc. (NYSE:NREF), has recently acquired 1,000 shares of the company's common stock. The purchase, made on April 9, 2025, was executed at a price of $12.28 per share, totaling $12,280. The timing appears strategic, as InvestingPro data shows the stock trading near its 52-week low of $12.14, with an attractive dividend yield of 15.08%.

Following this transaction, Richards holds 48,831 shares directly. Additionally, he has indirect holdings of 7,498 shares through a 401(k) plan and 879 shares via an IRA.

These transactions are part of Richards' ongoing involvement with NexPoint Real Estate Finance, where he serves as the Executive Vice President of Finance, Assistant Secretary, and Treasurer.

In other recent news, NexPoint Real Estate Finance Inc. reported its fourth-quarter 2024 earnings, surpassing analysts' expectations with earnings per share (EPS) of $0.83, compared to the forecasted $0.69. The company noted significant growth in interest income, contributing to its strong quarterly performance, although challenges in the multifamily sector persist. NexPoint continues to offer Series B Preferred Stock and common stock, raising capital through equity sales under its current registration statement. The company has sold 8,118,666 shares of its 9.0% Series B Cumulative Redeemable Preferred Stock and has the potential to offer an additional 7,881,334 shares. Additionally, NexPoint has sold shares of common stock totaling $12.6 million and has capacity remaining to sell shares worth $87.4 million of its Series A Preferred Stock. Meanwhile, InPoint Commercial Real Estate Income, Inc. announced cash distributions for its common stock and a dividend for its preferred stock, with payments scheduled for March 2025. The Board of Directors approved these distributions, reflecting the company's ongoing strategy to return value to its investors. These developments highlight the companies' efforts to manage capital and provide liquidity to investors.

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