34 /100
MEDIUM RISK
Score updated Jul 14, 2026

NREF — NexPoint Real Estate Finance, Inc. Dilution Risk Tracker

Track NREF dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 14, 2026, NexPoint Real Estate Finance, Inc. (NREF) has a DilutionWatch DilutionScore of 34/100, rated MEDIUM dilution risk. NexPoint Real Estate Finance, Inc. has a market capitalization of $359.56M, 18.85M shares outstanding, 86 institutional holders tracked. Key dilution vectors include approximately 999 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
0
📊 Float Risk
25
⚠️ Warrant Exposure
40
🔄Convertible Debt

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
0%
No significant dilution signals detected for NREF.
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💹 Market Data

Market Cap$359.56M
Shares Outstanding18.85M
Float11.40M
Cash$22.64M
Debt$771.20M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 13.9% shares (2026Q1 vs prior)
86 institutional holders · 14.47M shares
#1 NEXPOINT ASSET MANAGEMENT, L.P. 9.44M shares
#2 INDEPENDENT FINANCIAL GROUP, LLC 927.7K shares
#3 VANGUARD CAPITAL MANAGEMENT LLC 619.0K shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest449.0K
Days to Cover5.1
% of Float3.9%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

xbrl XBRL CONVERTIBLE Dec 31, 2024
8-K 8K EVENT Apr 30, 2026
4 INSIDER TRANSACTION Apr 06, 2026
4 INSIDER TRANSACTION Apr 06, 2026
4 INSIDER TRANSACTION Apr 06, 2026
Full SEC filing analysis available with free account

📰 Recent News

No recent news

📋 What This Means for NREF Shareholders

NexPoint Real Estate Finance, Inc. (NREF) has a DilutionScore of 34/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 14, 2026.

DilutionWatch's EDGAR monitoring for NREF shows no major active dilution programs at this time. The primary risk categories — shelf registration capacity, ATM programs, warrant overhang, and cash runway — are each within normal ranges for a company of this profile. This can change quickly if a new S-3 or Form S-1 is filed.

DilutionWatch tracks over 25 SEC filing types for NREF in real-time, scanning EDGAR every 60 seconds. Recent 8-K filings are present; material events disclosures can sometimes precede or accompany capital raises. The DilutionWatch screener shows real-time score changes for NREF alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.

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Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.