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NREFNYSEMarket closedOpens 9:30am ET

NexPoint Real Estate Finance, Inc.

$15.77Last updated
+$0.01 (0.06%)Past day
Timezone

NexPoint Real Estate Finance, Inc. (NYSE: NREF) is trading at $15.77, about ₹1,513 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.06% today. Indian residents can buy NexPoint Real Estate Finance from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$15.76
Previous close:$15.76
Volume:52.63K

Today's low

$15.66

Today's high

$15.92

52 week low

$12.36

52 week high

$18.43

NREF opened at $15.76, closed previously at $15.76, and has traded between $12.36 and $18.43 over the past 52 weeks.

About

NexPoint Real Estate Finance, Inc. (NREF) is a U.S.-based real estate finance firm. Its core activities involve the origination, structuring, and investment in a diverse range of real estate-backed financial products. These encompass senior mortgage debt, mezzanine debt, preferred equity, preferred stock, and securitized multifamily commercial mortgage-backed securities. The company aims to qualify as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes. This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2019, NREF is headquartered in Dallas, Texas.

Country
US
CEO
James David Dondero
Exchange listed on
NYSE
Industry
REIT - Mortgage
Base currency
USD
Full Time Employees
1
Sector
Real Estate
IPO date
07/02/2020

Key statistics

Avg. volume

62.45K

Market cap

$297.23M

P/E Ratio

4.41

Price-to-sales ratio

2.21

Enterprise value

$4.64B

Free cash flow yield

2.33%

Debt-to-equity ratio

11.79

Return on equity

18.36%

ROIC

2.82%

Beta

1.15

Dividend yield

12.68%

Last dividend

$2.00

Financial overview

Revenue

$126.13M

Earnings per share

$4.28

Free cash flow

$22.92M

Net profit margin

75.05%

Gross margin

86.36%

EBITDA

$168.86M

Revenue growth

14.33%

Similar securities

This is not an investment recommendation

How to buy NexPoint Real Estate Finance from India

Indian residents can buy NexPoint Real Estate Finance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for NexPoint Real Estate Finance and place an order

    Find NexPoint Real Estate Finance by name or by its ticker, NREF, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. NexPoint Real Estate Finance trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your NexPoint Real Estate Finance position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in NexPoint Real Estate Finance from India

Trading and taxes when buying NexPoint Real Estate Finance from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. NexPoint Real Estate Finance’s current yield is 12.68%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy NexPoint Real Estate Finance stock?

Yes. NexPoint Real Estate Finance (NREF) has been listed on the New York Stock Exchange since 2020, in the REIT - Mortgage industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one NexPoint Real Estate Finance share cost in rupees?

One NexPoint Real Estate Finance share is $15.77 — about ₹1,513 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the NexPoint Real Estate Finance price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying NexPoint Real Estate Finance from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of NexPoint Real Estate Finance?

Yes. One NexPoint Real Estate Finance share is $15.77, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in NexPoint Real Estate Finance.

How are gains on NexPoint Real Estate Finance shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the NexPoint Real Estate Finance price. Paasa issues a capital-gains statement for your return.

Does NexPoint Real Estate Finance pay a dividend, and how is it taxed in India?

Yes. NexPoint Real Estate Finance pays a dividend and the current yield is 12.68%; the last declared dividend was $2.00 per share, about ₹191.84. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade NexPoint Real Estate Finance from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on NexPoint Real Estate Finance shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare NexPoint Real Estate Finance shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your NexPoint Real Estate Finance holding, its cost and its closing value.

How do I sell NexPoint Real Estate Finance and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.