1. NREF reported net income of $16.5 million for Q1 2025. 2. Cash available for distribution was $10.5 million in the same period. 3. Company maintains resilience in a challenging credit market environment. 4. Projected net income for Q2 2025 estimated between $7.6M and $9.8M. 5. Earnings available for distribution anticipated to reflect solid growth.
NREF's consistent earnings and strong cash distribution reflect solid operational health. Similar historical performances have led to price appreciation in the REIT sector.
The article provides critical insights into NREF's strong financial performance and future prospects, impacting investor decisions.
Positive quarterly results and forward guidance can boost investor sentiment quickly. Past quarterly earnings reports have shown immediate effects on stock prices.
NREF reported net income attributable to common stockholders of $16.5 million, or $0.70 per diluted share, for the three months ended March 31, 2025.
NREF reported cash available for distribution of $10.5 million, or $0.45 per diluted common share, for the three months ended March 31, 2025.
"NREF is pleased to announce another strong quarter, showcasing consistent and resilient earnings across our primary property types. In an environment where banks and traditional lenders are often preoccupied with credit challenges, we remain proactive and committed. Our ability to allocate capital in this challenging credit market allows us to capitalize on market opportunities and deliver long-term value to our shareholders," commented Chief Investment Officer Matthew McGraner.
1 Weighted-average shares outstanding - diluted assumes vesting of all outstanding unvested restricted stock units and the conversion of all redeemable non-controlling interests. 2 Earnings available for distribution ("EAD") and cash available for distribution ("CAD") are non-GAAP measures. Beginning in the second quarter of 2024, EAD per diluted common share and CAD per diluted common share are based on adjusted weighted average common shares outstanding - diluted.
| Earnings Available for Distribution | Low | Mid | High |
|---|---|---|---|
| Net income | $13,961 | $15,175 | $16,237 |
| Net income attributable to common stockholders | $7,557 | $8,771 | $9,833 |
The Company is scheduled to host a conference call on Thursday, May 01, 2025, at 11:00 a.m. ET (10:00 a.m. CT), to discuss first quarter 2025 financial results.
The conference call can be accessed live over the phone by dialing 888-660-4430 or +1 646-960-0537 and entering Conference ID 6891136. A live audio webcast of the call will be available online at the Company's website, https://nref.nexpoint.com (under "Resources").
For additional commentary and portfolio information, please view NREF's earning supplement, which was posted on the Company's website, http://nref.nexpoint.com.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, and various types of securities. More information about the Company is available at http://nref.nexpoint.com.
This press release contains "forward-looking statements" that are subject to risks and uncertainties. Readers are encouraged to review the Company's filings with the Securities and Exchange Commission for a complete discussion of risks.