Finance

NexPoint Real Estate Finance, Inc. (NYSE:NREF) Sees Significant Growth in Short Interest

Published

2 years ago

December 29, 2022

NexPoint Actual Property Finance, Inc. (NYSE:NREF – Get Score) was the goal of a major development in brief curiosity in December. As of December fifteenth, there was brief curiosity totalling 283,700 shares, a development of 100.6% from the November thirtieth whole of 141,400 shares. Based mostly on a mean buying and selling quantity of 59,400 shares, the short-interest ratio is presently 4.8 days.

NexPoint Actual Property Finance Inventory Down 4.2 %

Shares of NYSE NREF opened at $15.68 on Thursday. The corporate has a debt-to-equity ratio of two.61, a fast ratio of 560.02 and a present ratio of 560.02. The agency has a market capitalization of $234.89 million, a price-to-earnings ratio of 10.25 and a beta of 1.61. The inventory has a 50 day transferring common worth of $17.69 and a 200 day transferring common worth of $19.10. NexPoint Actual Property Finance has a 52-week low of $14.16 and a 52-week excessive of $25.98.

NexPoint Actual Property Finance Dividend Announcement

The enterprise additionally lately introduced a quarterly dividend, which can be paid on Friday, December thirtieth. Shareholders of report on Thursday, December fifteenth can be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $2.00 dividend on an annualized foundation and a yield of 12.76%. NexPoint Actual Property Finance’s dividend payout ratio is presently 130.72%.

Wall Road Analysts Forecast Progress

A number of equities analysis analysts have weighed in on NREF shares. Piper Sandler began protection on NexPoint Actual Property Finance in a analysis word on Monday, October twenty fourth. They set a “impartial” ranking on the inventory. JMP Securities began protection on NexPoint Actual Property Finance in a analysis word on Thursday, September twenty ninth. They set a “market carry out” ranking on the inventory. Lastly, Raymond James decreased their worth goal on NexPoint Actual Property Finance from $24.00 to $21.00 and set a “strong-buy” ranking on the inventory in a analysis word on Tuesday, October 18th.

Insider Exercise

In different NexPoint Actual Property Finance information, Normal Counsel Dennis Charles Sauter, Jr. acquired 6,500 shares of the inventory in a transaction dated Friday, October seventh. The shares had been acquired at a mean price of $15.43 per share, for a complete transaction of $100,295.00. Following the completion of the transaction, the overall counsel now immediately owns 10,724 shares of the corporate’s inventory, valued at $165,471.32. The acquisition was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. In different NexPoint Actual Property Finance information, Normal Counsel Dennis Charles Sauter, Jr. acquired 6,500 shares of the inventory in a transaction dated Friday, October seventh. The shares had been acquired at a mean price of $15.43 per share, for a complete transaction of $100,295.00. Following the completion of the transaction, the overall counsel now immediately owns 10,724 shares of the corporate’s inventory, valued at $165,471.32. The acquisition was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. Additionally, insider Matt Mcgraner purchased 10,000 shares of NexPoint Actual Property Finance inventory in a transaction dated Wednesday, October fifth. The inventory was bought at a mean price of $15.44 per share, for a complete transaction of $154,400.00. Following the completion of the acquisition, the insider now immediately owns 84,763 shares of the corporate’s inventory, valued at roughly $1,308,740.72. The disclosure for this buy will be discovered right here. Insiders have acquired 32,800 shares of firm inventory value $507,478 over the past ninety days. Company insiders personal 48.00% of the corporate’s inventory.

Hedge Funds Weigh In On NexPoint Actual Property Finance

A lot of massive buyers have lately made adjustments to their positions in NREF. SeaCrest Wealth Administration LLC acquired a brand new place in shares of NexPoint Actual Property Finance in the course of the second quarter value $26,000. Tower Analysis Capital LLC TRC elevated its place in shares of NexPoint Actual Property Finance by 110.1% in the course of the third quarter. Tower Analysis Capital LLC TRC now owns 2,120 shares of the corporate’s inventory value $31,000 after buying an extra 1,111 shares within the final quarter. Dorsey Wright & Associates acquired a brand new place in shares of NexPoint Actual Property Finance in the course of the second quarter value $35,000. Strs Ohio acquired a brand new place in shares of NexPoint Actual Property Finance within the 2nd quarter valued at $36,000. Lastly, Allspring International Investments Holdings LLC acquired a brand new place in shares of NexPoint Actual Property Finance within the third quarter valued at $48,000. 65.41% of the inventory is owned by institutional buyers and hedge funds.

NexPoint Actual Property Finance Firm Profile

(Get Score)

NexPoint Actual Property Finance, Inc operates as an actual property finance firm in the US. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, most popular fairness, and most popular inventory, in addition to multifamily business mortgage backed securities securitizations.

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This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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Finance

This personal finance educator says budgeting is ‘toxic’ — try ‘intuitive’ spending instead

Published

7 hours ago

November 27, 2024

Press Room

This personal finance educator says budgeting is ‘toxic’ — try ‘intuitive’ spending instead

Girl holding shopping bags and walking down the street

Pixelseffect | E+ | Getty Images

If you’re trying to stay on top of your spending, you might have logged your finances in a spreadsheet, tracked every dollar, and created a strict spending plan, but one expert says budgeting like this can be “toxic.”

Dana Miranda, a certified personal finance educator, is the author of “You Don’t Need a Budget,” a book that looks to liberate readers from the prevailing approach of managing their money.

“Budget culture is our dominant approach to money that relies on restriction, shame, and greed,” Miranda told CNBC Make It in an interview, likening it to diet culture.

“Research shows in budgeting, and we see the same thing with a much broader body of research in dieting, that that kind of restriction doesn’t work,” she said.

“People tend to fail at sticking to those rules, and so you are inevitably going to feel like a failure. You’re going to feel that shame because you’re not reaching those sorts of arbitrary goals that are being set.”

Not everyone agrees, and many financial planners say creating a budget is the single best thing you can do to improve your finances.

However, Miranda cited a 2018 study by researchers at the University of Minnesota who found little evidence that budgeting helps achieve long-term financial goals, adding that it can also increase anxiety.

Sheida Isabel Elmi, meanwhile, a research program manager at the Aspen Institute Financial Security Program, told CNBC Select that budgeting can be especially challenging for low and middle-income families. This is because they’re more likely to have volatile incomes and lower wages which can’t be easily managed by a strict, prescriptive budget.

Try ‘intuitive’ spending instead

According to Miranda, the toxicity of budgeting stems from a capitalistic culture geared toward making more money and accumulating assets, rather than focusing on the quality of life of individuals.

Instead of scrimping and saving your money, Miranda recommended “conscious spending,” as an alternative. “It’s like an intuitive or mindful approach to spending and using their money.”

“So instead of making a plan for your money on where every dollar is going to go and trying to stick to that and punishing yourself when you don’t, rewarding yourself when you do, take it more mindfully, moment by moment,” she said.

“So how does money serve you in this moment? How can money serve you in a broader way outside of the numbers and spreadsheets that we tend to put it in?”

Miranda acknowledged that it’s not easy to adopt this mindset, but said people need to start trusting themselves more.

When asked about the risk of overspending, Miranda said it’s okay to take on credit card debt. Although controversial, she said carrying debt isn’t always “ethically wrong” or as “destructive” as society would have you believe.

“I consider those as part of the resources available to you to spend,” she says. “As long as we understand how our debt products work and the consequences of different decisions that we make around debt.”

Not paying off your credit card every month can be costly, however, leading to additional debt, an increase in repayments, and damage to your credit score, CNBC Select reports.

Go on a ‘money date’

Another way to avoid reckless spending is to take yourself out on a “money date” every fortnight, Miranda said.

“It’s a way of automating your money management so that you don’t just constantly have this ticker of money stress running through your head,” she explained.

On the money date, you can check how your spending is affecting different areas of your life, and prioritize what’s important.

“So if I take this vacation that my friends are planning, how does that impact the money that I’m putting toward retirement savings next month? Or how does that impact what I’m spending in other areas? How does that impact how much I’m going to use on my credit card?” Miranda said.

You can also create a “money map” which helps organize your goals, the resources you have access to, and your financial commitments, she added — and this should be flexible.

For example, if you initially planned for 10% of your money to go into retirement savings every month, but then you realize you’d rather spend that money now, you can do that with a money map.

“You can sort of move it as it makes sense for you, but it helps you to see your financial situation so that you can understand the consequences of decisions you make,” she said.

“You can make sure that you always have this understanding of the lay of the land in your financial situation, so that it’s easier to make those conscious spending decisions as you go about your day-to-day.”

It’s important to note that budgeting is a standard financial planning method recommended by experts, however. Tania Brown, a CFP and former coach at SaverLife, a nonprofit focused on helping low-income Americans save, previously told CNBC Make It that budgeting is important regardless of income.

“A budget tells your money where to go and what to do so that you can have the life you want,” Brown said. “The less money you have then the more critical it is you prioritize where that money goes.”

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Finance

Gartner Unveils CFO Conference 2025: Autonomous Finance & AI Transformation in Sydney | IT Stock News

Published

15 hours ago

November 26, 2024

Press Room

Gartner (NYSE: IT) has announced its CFO & Finance Executive Conference 2025 scheduled for March 24-25, 2025, at the Hilton Sydney, Australia. The conference will focus on ‘Autonomous Finance: Driving Transformation, Productivity and Change‘ and address challenges like high interest rates, growth issues, labor scarcity, and AI implementation. The event features four specialized tracks covering CFO roles, FP&A, Controller functions, and Finance Transformation. Keynote speakers include Gartner analysts Mallory Bulman and Clement Christensen, alongside futurologist Magnus Lindkvist. Early-bird registration ends January 24, 2025.

11/26/2024 – 05:00 PM

Gartner, Inc. (NYSE: IT):

Details:

Gartner experts will explore the theme “Autonomous Finance: Driving Transformation, Productivity and Change” during the Gartner CFO & Finance Executive Conference 2025. Sessions will cover how organizations can navigate various issues – such as higher interest rates, challenged growth, scarce labor, cost pressure, security threats, and the scramble for AI use cases – by rapidly evolving, transforming, and redefining data, processes, technologies, staff capabilities and organizational models.

Audience and Topics:

The conference agenda covers the latest hot topics in finance including AI in finance and finance transformation. View the full agenda to learn more about the conference experience.

The conference agenda is split into four tracks:

Track A: CFO: Improve the ROI of Finance and Enterprise Transformation
Track B: FP&A: Modernize Data, Analytics and Planning
Track C: Controller: Streamline, Simplify and Automate Workflows
Track D: Finance Transformation: Revitalize and Accelerate Your Transformation Programs

Keynotes & Guest Speakers:

Gartner Opening Keynote: “Finance’s New Identity as a Technology Function” with Mallory Bulman, Senior Director Analyst at Gartner, and Clement Christensen, Senior Director Analyst at Gartner
Guest Keynote: “Crafting the Future: Transformative Moments in the Digital Age” with Magnus Lindkvist, Futurologist

Exhibitor Showcase

Attendees will get exclusive access to live demos and peers case studies from solution providers at the forefront of finance technology. They will have the opportunity to evaluate the solution providers and learn implementation best practices.

Registration

Early-bird registration expires on January 24, 2025. Additional details can be found on the registration page.

Members of the media can register for the conference by contacting Rob van der Meulen at rob.vandermeulen@gartner.com.

Social Media: Join the discussion on social media using #GartnerFinance.

About the Gartner Finance Practice

The Gartner Finance practice helps senior finance executives meet their top priorities. Gartner offers a unique breadth and depth of content to support clients’ individual success and deliver on key initiatives that cut across finance functions to drive business impact. Learn more at https://www.gartner.com/en/finance/finance-leaders. Follow Gartner for Finance on LinkedIn and X using #GartnerFinance to stay ahead of the latest expert insights and key trends shaping the Finance function. Visit the Gartner Finance Newsroom for more information and insights.

About Gartner

Gartner, Inc. (NYSE: IT) delivers actionable, objective insight that drives smarter decisions and stronger performance on an organization’s mission-critical priorities. To learn more, visit gartner.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241126702293/en/

Rob van der Meulen

Gartner

Tel +44 1784 267 892

rob.vandermeulen@gartner.com

Source: Gartner, Inc.

FAQ

When and where is the Gartner CFO & Finance Executive Conference 2025 taking place?

The conference will be held on March 24-25, 2025, at the Hilton Sydney, 488 George Street, Sydney, New South Wales, Australia.

What are the main tracks at Gartner’s 2025 CFO Conference?

The conference features four tracks: CFO (ROI of Finance and Enterprise Transformation), FP&A (Data, Analytics and Planning), Controller (Workflow Streamlining), and Finance Transformation Programs.

Who are the keynote speakers at Gartner’s 2025 Finance Conference?

The keynote speakers include Gartner analysts Mallory Bulman and Clement Christensen presenting ‘Finance’s New Identity as a Technology Function,’ and futurologist Magnus Lindkvist discussing ‘Crafting the Future: Transformative Moments in the Digital Age.’

When does the early-bird registration end for Gartner’s 2025 CFO Conference?

The early-bird registration expires on January 24, 2025.

Finance

Cash today, finance tomorrow: the trend fueling Miami's luxury market

Published

23 hours ago

November 26, 2024

Press Room

Cash today, finance tomorrow: the trend fueling Miami's luxury market

A significant factor contributing to Miami’s allure, according to Krebs, is its expanding infrastructure, notably developments like 830 Brickell and new corporate residents like Microsoft and Citadel.

“Santander Bank…has basically become a huge financial hub,” he added, suggesting that these shifts draw not only affluent clients but also foreign nationals and investors who see Miami as a gateway to the US economy. Many of these clients, however, don’t fit traditional financing molds, necessitating tailored approaches.

“Some of those individuals fit the banking quadrant…others fit within non-QM,” Krebs said, explaining how his firm often meets the needs of clients with unconventional financial profiles.

Demand for non-conventional mortgage products

The demand for non-traditional mortgage products has surged following recent banking sector disruptions, such as the collapses of First Republic and Signature Bank in 2023.

“Just last month, we did a purchase on a non-warrantable condo for a borrower… at 75% financing,” Krebs said, illustrating the substantial value of loans still being issued under alternative programs. In this volatile environment, non-QM products and bridge loans have emerged as vital tools. Bridge loans, Krebs noted, now make up around “30-40% of our book,” appealing to buyers aiming for fast, low-paperwork transactions. Non-QM loans, which comprise about 50% of DAK’s portfolio, provide options for clients whose tax structures or income sources don’t align with conventional financing standards.