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Dallas-based NexPoint Real Estate Finance, Inc. (NYSE:NREF), a $342 million market cap REIT currently trading at attractive valuations according to InvestingPro analysis, reported on Tuesday the outcomes of its Annual Meeting of Stockholders, which took place on May 20, 2025. In accordance with the details provided in the company’s proxy statement filed on April 2, 2025, all proposed resolutions were passed by the shareholders.
The company, trading under (NYSE:NREF) and maintaining a robust 98.8% gross profit margin, confirmed the election of its board of directors, with each director set to serve until the 2026 annual meeting. The elected directors are James Dondero, Brian Mitts, Edward Constantino, Scott Kavanaugh, Arthur Laffer, Carol Swain, and Catherine Wood. The voting results for each director varied, with James Dondero receiving 10,009,827 votes for and 2,083,622 votes withheld, while Brian Mitts had a notable 12,025,603 votes for and only 67,846 withheld.
Additionally, the appointment of KPMG LLP as the company’s independent registered public accounting firm for the year 2025 was ratified with an overwhelming majority of 15,418,924 votes for, 77,338 against, and 9,905 abstentions.
The 2025 Annual Meeting of Stockholders was attended by shareholders representing 17,643,526 shares of common stock, which is the total number of shares outstanding as of the record date, March 24, 2025. The company stands out with its impressive 13.25% dividend yield and trades at an attractive P/E ratio of 5.4x. For detailed financial analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US equities with expert analysis and actionable intelligence.
The company, which falls under the real estate investment trusts industry, has its headquarters located at 300 Crescent Court, Suite 700, Dallas, Texas, 75201. The SEC filing confirmed that the information is based on the official results from the annual meeting.
In other recent news, Nexpoint Real Estate Finance Inc reported its first-quarter 2025 earnings, exceeding analyst expectations with earnings per share (EPS) of $0.70, compared to the projected $0.4776. Despite this earnings beat, the company experienced a decline in its stock price, reflecting mixed investor sentiment. Nexpoint highlighted a strong performance in its multifamily and life sciences sectors, with interest income rising to $22 million from a negative $1.6 million in the same quarter last year. The company also maintained its regular dividend of $0.50 per share and saw an increase in book value per share by 1.47% to $17.22. Looking ahead, Nexpoint projects earnings available for distribution in Q2 2025 to range between $0.38 and $0.48 per diluted share. The company continues to focus on expanding its residential and self-storage investments, with potential for $75 million in new equity from asset monetization. While challenges persist in the life sciences sector, Nexpoint remains optimistic about the rental residential market, as noted by Chief Investment Officer Matt McGriner. CFO Paul Richards emphasized the stability of Nexpoint’s portfolio, citing its robust overall performance.
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