NexPoint Real Estate Finance increases Series B preferred stock offering

NexPoint Real Estate Finance, Inc. (NYSE:NREF), a real estate investment trust with a market capitalization of $322.74 million and currently trading at $14.12, announced Monday that it has expanded its 9.00% Series B Cumulative Redeemable Preferred Stock offering. According to InvestingPro analysis, NREF maintains a strong financial health rating of "GREAT" with notably high liquidity, as evidenced by a current ratio of 12.06. According to a statement based on a filing with the Securities and Exchange Commission, the company authorized an additional 1,200,000 shares, bringing the total number of Series B Preferred Stock authorized and classified to 17,200,000 shares.

The company’s operating partnership, NexPoint Real Estate Finance Operating Partnership, L.P., amended its partnership agreement to authorize an additional 1,200,000 Series B preferred units, each with a liquidation preference of $25.00 per unit and terms substantially similar to the Series B Preferred Stock. NexPoint expects to contribute net proceeds from the sale of Series B Preferred Stock to the operating partnership in exchange for the same number of preferred units.

NexPoint also amended its agreement with NexPoint Securities, Inc., the exclusive dealer manager for the offering, to include the additional shares.

As of Monday, NexPoint reported that it had sold 13,717,142 shares of Series B Preferred Stock. The company may issue up to 3,482,858 additional shares at a public offering price of $25.00 per share, inclusive of the newly authorized shares. The company currently trades at an attractive P/E ratio of 5.46x and offers a substantial dividend yield of 14.1%. For deeper insights into NREF’s valuation metrics and additional financial analysis, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with detailed expert analysis and actionable intelligence.

The additional shares were registered under the company’s shelf registration statement, and the offering will proceed according to the amended prospectus supplement filed with the SEC. The company also filed related legal and tax opinions as part of the disclosure.

NexPoint Real Estate Finance, Inc. is a real estate investment trust with its common stock and Series A preferred stock listed on the New York Stock Exchange under the symbols NYSE:NREF and NYSE:NREF-PRA, respectively. The information in this article is based on a press release statement and SEC filings.

In other recent news, NexPoint Real Estate Finance Inc. reported its second-quarter earnings for 2025, with an earnings per share (EPS) of $0.46, exceeding analysts’ estimates of $0.43. This represents a positive earnings surprise of 6.98%. NexPoint Real Estate Finance also announced a dual listing of its common stock on NYSE Texas, effective August 19, 2025, while maintaining its primary listing on the New York Stock Exchange. In addition, the company amended and restated an existing promissory note agreement, increasing the maximum amount available under the note from $5 million to $15 million. An additional $5 million was funded under the note to NexPoint SFR Operating Partnership, bringing the total outstanding to $10 million. These developments indicate active financial and strategic moves by NexPoint Real Estate Finance.

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