Canada Markets closed

NexPoint Diversified Real Estate Trust (NXDT)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
13.60-0.90 (-6.21%)
At close: 04:00PM EDT
13.97 +0.36 (+2.65%)
After hours: 04:01PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Sept. 30.

Sign in to post a message.
  • m
    mike
    Added another 1k shares today. Up to 7k looking to get to 10k
  • J
    Joe
    NXDT line of credit / borrowing $500MM from JPM. Must have some property acquisitions lined up.

    https://last10k.com/sec-filings/nxdt/0001437749-22-022788.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=nxdt
  • J
    Joe
    Off 30% in the last month. That conversion to a REIT really helped a lot.
  • J
    Joe
    Fifth straight day of 200,000+ shares traded at the close...
  • A
    Anonymous
    Do you read the previous release as meaning dividend will be announced in October? Who thinks it will be large raise? Is double to .30 quarterly reasonable?
  • J
    Joe
    A director purchased $100k worth of shares today.
  • A
    Anonymous
    6-30-22 NAV updated in today filing was $27.72 most publicly traded REITS are up 5-10-15% on stock price over that period. Hard to predict what NAV change the holdings of NXDT have had. Regardless we are sitting on a REIT that should be in the right sectors right now at a 40% plus discount. I do not know when a dividend raise is coming, I do know this absolutely should soar on the announcement.
  • J
    Joe
    Wed/Thu/Fri of this week there were block trades of over 200,000 shares at the close. Guess a big holder selling out? We won't know until 11/15.
  • A
    Anonymous
    Conference call upbeat, sounds like good plan going forward.
  • J
    Joe
    This is just my speculation but I've been thinking about what the dividend could be. So here goes: Let's say on the $26+ in NAV that they can earn $1 per share. So the 90% payout ratio would mean a 90 cent per share dividend or 7.5 cents per share per month. However, there are other accounting factors like depreciate which go into what are "taxable earning" which the 90% rule is based upon. So like I said, this is just really a guess and maybe I'm just hoping for a nice bump up in the dividend.

    The bottom line will be revealed when we get the 3rd quarter earnings report, which will be their first report since officially becoming a REIT.
  • J
    Joe
    DALLAS, Aug. 4, 2022 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, today announced that its Cityplace Tower property, a 42-story office building located at 2711 North Haskell Avenue in the Uptown area of Dallas, will serve as the new home of Neiman Marcus Group’s local hub. The integrated luxury retailer, which owns Neiman Marcus, Bergdorf Goodman, and Horchow, recently disclosed that it plans to open several corporate hubs throughout the country in areas where it has significant pools of employees. Neiman Marcus Group’s Dallas hub at Cityplace Tower is expected to open in early 2023.
  • J
    Joe
    Oct. 1st they'll announce the new dividend policy. Will now be quarterly distributions.
  • J
    Joe
    Cathy Wood on the BOD. Is that good? Will definitely draw some attention to NXDT.
  • J
    Joe
    Note there is an NXDT update call scheduled for 8/10.
  • A
    Anonymous
    Anyone figure out how to listen to replay of the call?
  • G
    George
    I talked to someone with the company. I feel confident that the dividend will be raised soon! They officially became a REIT on July 1st so they have to pay out 85% of earnings to shareholders . I think it will be $20/share by yearend....my opinion. With a BV of over $26/share I think the gap will narrow. They are in a good market.
  • G
    Gregory
    Very disappointed in the whole process.
  • J
    Joe
    No mention of a dividend in the press release.
  • D
    D. Man
    #$%$ Down over 6%. Got to be approaching 50% discount. Glad I waited for the REIT conversion.