NREF - NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations.

As of May 15, 2026: spot at $15.04, ATM IV 18.2%, net GEX $17.0K.

Sector
Real Estate
Industry
REIT - Mortgage
Market Cap
$291.7M
P/E Ratio
2.80
Beta
1.15
52-Week Range
12.36-16.06
Dividend Yield
$2.00
CEO
James David Dondero
Employees
1
IPO Date
Feb 7, 2020
Exchange
NYSE

What NREF Looks Like to Options Traders Today

IV rank of 2.0% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($17.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.083) prices puts richer than calls, the typical equity downside-protection skew.

What This Page Covers

The NREF overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked NREF overview questions

What is NREF?
NREF is the ticker symbol for NexPoint Real Estate Finance, Inc., a listed security. NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. Listed on NYSE. NREF is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the NREF options snapshot look like today?
As of May 15, 2026, the NREF options snapshot shows spot at $15.04, ATM IV 18.2%, IV rank 2.0%, net GEX $17.0K, expected move 5.22%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are NREF's key statistics?
NexPoint Real Estate Finance, Inc. (NREF) carries a market capitalization of $291.7M, trailing P/E ratio of 2.80, beta of 1.15 relative to the broader market, 52-week range of 12.36-16.06. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does NREF belong to?
NexPoint Real Estate Finance, Inc. operates in the Real Estate sector, in the REIT - Mortgage industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare NREF's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the NREF data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).