NexPoint Diversified Real Estate Trust (NXDT) Stock

NexPoint Diversified Real Estate Trust (NXDT) is a Real Estate stock trading at $5.57 (as of 2026-08-21), with a market capitalization of $271.37M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised REIT whose common shares and 5.50% Series A cumulative preferred shares trade on the NYSE. It invests across commercial real estate types and the capital structure, including mortgage and mezzanine debt and common and preferred equity, to pursue current income and capital appreciation.

Understand NexPoint Diversified Real Estate Trust: how it makes money

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised REIT that invests in diversified commercial real estate, including property types across the capital structure such as mortgage debt and mezzanine debt, aiming to generate current income and capital appreciation.

NXDT’s profit model is driven by how its diversified commercial real estate investments, including mortgage and mezzanine debt, perform in generating current income and capital appreciation.

Business quality (Weak): Clear investment objective and diversification approach, but the externally advised structure and reliance on commercial real estate and real estate debt markets are key things to monitor.

Bull case

  • Diversified real estate approach: NXDT invests across various commercial real estate property types and across the capital structure, including mortgage debt and mezzanine debt.
  • Two-part return objective: Its stated goal is to provide both current income and capital appreciation.

Bear case

  • Market sensitivity: Because NXDT invests in commercial real estate and real estate debt instruments, adverse changes in those markets can pressure its ability to deliver current income and capital appreciation.
  • Externally advised execution risk: As an externally advised REIT, NXDT’s strategy and execution depend on its advisor, which can matter when market conditions change.
Valuation — source: SEC EDGAR (first-party)
Price$5.57
Market Cap$271.37M
EV / EBITDA16.4
Price / Book0.40
Price / Sales3.48
Dividend Yield2.5%
DCF Value (model)$13.94
DCF Upside vs Price150.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$85.97M
Net Margin-151.4%
Return on Equity-10.9%
Revenue Growth (YoY)-8.1%
EPS Growth (YoY)-100.0%
Valuation vs Sector & Industry
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderNEXPOINT ASSET MANAGEMENT, L.P. ($25.06M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryTrading
CEOJames David Dondero
CountryUS
IPO Date2006-06-26

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

  • Alpine Income Property Trust, Inc. (PINE)
  • Transcontinental Realty Investors, Inc. (TCI)
  • NexPoint Real Estate Finance, Inc. (NREF)
  • Ready Capital Corporation (RC)
  • Chicago Atlantic Real Estate Finance, Inc. (REFI)
  • BRT Apartments Corp. (BRT)
  • Ares Commercial Real Estate Corporation (ACRE)
  • TPG Mortgage Investment Trust Inc (MITT)
NXDT earnings history · NXDT institutional & insider holders · NXDT KPIs & operating metrics · NXDT financials · NXDT investor presentations & press releases · NXDT SEC filings · NXDT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.