NEXPOINT DIVERSIFIED REAL ESTATE TRUST

NXDT

NEXPOINT DIVERSIFIED REAL ESTATE TRUST

NXDT

Insider Sentiment (TTM):

Last Purchase:2026-05-20Last Sale:2025-12-18Shares Purchased (TTM):68,649.1Shares Sold (TTM):14,449.06

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:24,781,046Shares Outstanding:50,084,000Institutional Ownership Pct.:49.48%

Earnings Market Reaction:

Filing Date:2026-08-14Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Assets
Operating Real Estate Inv…
Land	61	61	62	62	62	62	62	67	70	48	48	48
Investment Building And Building Improvements	292	292	317	314	313	313	312	327	336	207	206	198
Rental Properties	11	11	11	11	11	11	11	11	11	11	11	11
Development In Process	24	22	21	25	25	25	25	25	26	20	19	25
Fixtures And Equipment Gross	7	7	10	10	10	10	10	12	13	0	0	0
Operating Lease Right Of Use Asset	0	0	2	2	-2	2	2	1	1	-	0	-
Real Estate Investment Property At Cost	396	394	424	424	423	423	422	444	458	286	284	282
Real Estate Investment Property Accumulated Deprec…	-55	-51	-50	-46	-43	-39	-35	-31	-27	-23	-21	-18
Real Estate Investment Property Net	341	343	374	378	381	384	387	413	431	262	264	264
Bank Owned Life Insurance	-	-	-	-	-	-	-	-	-	-	0	0
Real Estate Investments	-	-	374	378	381	404	417	421	-	-	264	-
Marketable Securities	568	556	569	593	591	625	643	643	656	670	691	714
Equity Method Investments	31	33	34	35	35	37	54	63	64	64	66	68
Other Investments	34	34	34	34	34	34	31	31	-	-	0	-
Cash And Cash Equivalents At Carrying Value	12	9	8	5	5	9	9	9	28	20	21	4
Restricted Cash And Cash Equivalents	40	40	43	45	44	41	40	45	46	34	33	34
Receivables From Customers	2	2	3	3	5	4	4	4	4	2	4	2
Prepaid Expense And Other Assets	9	7	9	10	10	17	18	17	13	13	10	10
Accrued Investment Income Receivable	2	2	1	1	3	5	5	5	5	8	6	5
Derivative Assets	0	0	0	0	0	1	0	0	1	-	0	-
Deferred Income Tax Assets Net	0	0	0	3	3	2	3	3	3	3	3	1
Assets	1,039	1,027	1,075	1,107	1,111	1,180	1,225	1,241	1,250	1,075	1,098	1,101
Liabilities And Stockhold…
Liabilities
Loans Payable	197	196	225	228	228	253	262	262	253	141	142	143
Notes Payable	76	77	77	80	84	88	91	95	101	52	53	35
Payables To Broker Dealers And Clearing Organizati…	6	5	5	6	4	1	1	1	1	1	2	2
Accounts Payable And Accrued Liabilities Current A…	28	30	29	24	22	23	23	22	20	7	9	9
Deferred Income Tax Liabilities Net	0	0	0	0	0	1	0	0	0	2	0	0
Accrual For Taxes Other Than Income Taxes Current …	3	1	4	4	3	1	0	4	2	1	0	3
Interest Payable Current And Noncurrent	12	11	11	11	10	9	9	8	8	1	1	1
Other Liabilities Noncurrent	-	-	-	-	-	-	-	-	-	-	0	-
Security Deposit Liability	0	0	0	0	0	0	0	0	0	0	0	0
Advance Rent	0	0	0	0	1	1	1	1	1	1	1	1
Due To Affiliate Current And Noncurrent	-	-	-	-	-	-	-	-	-	-	-	0
Operating Lease Liability	0	1	1	1	1	1	1	-	-	-	0	-
Liabilities	324	324	354	357	355	382	391	398	391	212	213	199
Redeemable Noncontrolling Interest Equity Preferre…	42	28	20	11	3	0	0	-	-	-	-	-
Redeemable Noncontrolling Interest Equity Common C…	0	0	0	0	0	0	0	-	-	-	-	-
Equity
Preferred Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Affiliated Entity	-	-	-	-	-	-	-	-	-	-	533	-13
Additional Paid In Capital	1,074	1,069	1,062	1,056	1,049	1,046	1,039	1,032	1,025	1,018	1,012	1,005
Retained Earnings Accumulated Deficit	-401	-393	-362	-317	-296	-244	-203	-187	-171	-155	-127	-104
Treasury Stock Common Value	-	-1	-	-	-	-	-	-	-	-	-	-
Stockholders Equity	673	675	700	739	753	803	834	843	859	863	885	902
Minority Interest	-	-	0	0	0	-5	-3	-2	5	-	0	-
Liabilities And Stockholders Equity	1,039	1,027	1,075	1,107	1,111	1,180	1,225	1,241	1,250	1,075	1,098	1,101
Related Party	-	0	0	-0	-0	1	1	10	-14	519	0	-
Series B Preferred Stock	0	0	0	0	-0	0	0	-	-	-	-	-
Series A Preferred Stock	-	0	3	0	-3	3	0	0	0	3	-	-
Preferred Stock Par Or Stated Value Per Share	-	-	-	-	-	-	0.001	0.001	0.001	0.001	0.001	0.001
Preferred Stock Shares Authorized	-	-	-	-	-	-	5	5	5	5	5	5
Preferred Stock Shares Issued	-	-	-	-	-	-	3	3	3	3	3	3
Preferred Stock Shares Outstanding	-	-	-	-	-	-	3	3	3	3	3	3
Common Stock Par Or Stated Value Per Share	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001
Common Stock Shares Issued	53	52	50	49	47	45	43	42	41	39	38	38
Shares Outstanding	53	52	50	49	47	45	43	42	41	39	38	38
Treasury Stock Common Shares	-	0	-	-	-	-	-	-	-	-	-	-

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	13.15%	17.31%	-2.39%	-	-	-	-	-	-	-	-	-
2025	11.83%	32.39%	22.54%	-6.40%	-12.56%	-21.67%	7.79%	37.88%	82.44%	10.49%	1.98%	0.00%
2024	-5.46%	-5.12%	11.01%	5.79%	11.70%	-2.82%	-2.05%	7.76%	-7.97%	-6.53%	-7.25%	5.57%
2023	-	-	-	-	-	-	2.01%	-12.78%	-19.11%	1.66%	2.00%	-5.94%
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Performance and Valuation Metrics

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Metrics	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Leverage & Debt
Interest Coverage TTM	-0.03	-0.09	-0.03	0.11	0.01	0.04	-0.15	0.15	0.36	0.40	0.51	0.31
Per Share Metrics
Diluted EPS TTM	-1.19	-2.32	-2.81	-2.12	-2.15	-1.49	-1.28	-1.40	-2.91	-3.09	-3.14	-3.36
Free Cash Flow Per Share TTM	0.09	0.03	0.20	-0.07	-0.08	-0.05	-0.29	-0.33	-0.82	-1.24	-1.19	-0.86
Dividend Per Share TTM	0.13	0.13	0.13	0.09	0.09	0.12	0.12	0.11	0.12	0.23	0.36	0.49
Margin Metrics
Operating Profit Margin TTM	-1.32%	-3.69%	-1.43%	9.80%	0.80%	3.15%	-16.67%	7.02%	17.82%	19.67%	18.30%	10.97%
Net Profit Margin TTM	-78.45%	-124.12%	-135.17%	-327.60%	-203.92%	-180.85%	-206.20%	-86.15%	-203.44%	-246.33%	-185.26%	-300.71%
Growth Metrics
Net Revenue Growth (1Y)	91.42%	165.92%	286.78%	-53.92%	-15.07%	-27.19%	-60.65%	59.80%	-19.11%	-	-	-
Net Income Growth (1Y)	-26.36%	82.51%	153.54%	75.22%	-14.87%	-46.55%	-56.20%	-54.22%	-0.80%	-	-	-
EPS Growth (1Y)	-34.99%	56.33%	120.53%	50.66%	-26.18%	-51.94%	-59.35%	-58.26%	-6.92%	-	-	-
Valuation Metrics
P/E TTM	-3.72	-1.95	-1.28	-1.55	-1.67	-2.12	-3.80	-3.45	-1.43	-1.57	-1.82	-1.83
P/B TTM	0.40	0.34	0.24	0.21	0.22	0.17	0.23	0.23	0.19	0.22	0.24	0.25
P/S TTM	2.92	2.42	1.73	5.07	3.41	3.83	7.84	2.97	2.92	3.87	3.37	5.50
Market Cap	268.60M	226.89M	166.53M	155.41M	164.15M	134.85M	195.31M	197.58M	165.28M	187.19M	213.36M	228.78M
Enterprise Value	332.46M	294.76M	235.25M	230.32M	243.30M	213.75M	277.40M	284.22M	237.99M	219.31M	245.67M	260.07M
Calculated Values
Free Cash Flow TTM	4.46M	1.59M	9.17M	-3.21M	-3.54M	-2.03M	-11.67M	-13.34M	-32.31M	-47.67M	-44.61M	-31.94M
Net Debt	63.86M	67.87M	68.73M	74.91M	79.15M	78.90M	82.10M	86.65M	72.71M	32.12M	32.31M	31.29M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-20Purchase

Owner: Norris, Dustin David

Title: See Remarks

Shares: 53,663

Price/Share: $4.90

Value: $262,948.70

Shares Owned: 864,586

Relationship: Officer

Ownership: Direct

2025-12-18Sale

Owner: Mitts, Brian

Title: -

Shares: 14,449

Price/Share: $4.18

Value: $60,397.07

Shares Owned: -

Relationship: Director

Ownership: Indirect

2025-12-05Purchase

Owner: Laffer, Arthur B

Title: -

Shares: 4,886

Price/Share: $2.87

Value: $14,021.50

Shares Owned: 117,793

Relationship: Director

Ownership: Direct

2025-12-01Purchase

Owner: Laffer, Arthur B

Title: -

Shares: 5,101

Price/Share: $2.74

Value: $13,975.53

Shares Owned: 107,636

Relationship: Director

Ownership: Direct

2025-11-19Purchase

Owner: Richards, Paul

Title: See Remarks

Shares: 5,000

Price/Share: $2.78

Value: $13,900.00

Shares Owned: 119,820

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-05-20	Norris, Dustin David	Officer	See Remarks	Direct	Purchase	53,663	4.90	$262,948.70	864,586	4
2025-12-18	Mitts, Brian	Director	-	Indirect	Sale	14,449	4.18	$60,397.07	0	4
2025-12-05	Laffer, Arthur B	Director	-	Direct	Purchase	4,886	2.87	$14,021.50	117,793	4
2025-12-01	Laffer, Arthur B	Director	-	Direct	Purchase	5,101	2.74	$13,975.53	107,636	4
2025-11-19	Richards, Paul	Officer	See Remarks	Direct	Purchase	5,000	2.78	$13,900.00	119,820	4
2025-08-15	Mitts, Brian	Director	-	Direct	Sale	5,000	30.92	$154,600.00	65,900	4
2025-07-09	Laffer, Arthur B	Director	-	Direct	Purchase	5,250	4.80	$25,200.00	97,237	4
2025-07-07	Laffer, Arthur B	Director	-	Direct	Purchase	5,250	4.63	$24,307.50	86,737	4
2025-06-26	Laffer, Arthur B	Director	-	Direct	Purchase	5,750	4.20	$24,150.00	76,487	4
2025-06-06	Laffer, Arthur B	Director	-	Direct	Purchase	6,000	3.92	$23,520.00	65,237	4
2025-05-27	Norris, Dustin David	Officer	See Remarks	Direct	Purchase	75,600	3.64	$275,184.00	715,088	4
2025-05-23	Richards, Paul	Officer	See Remarks	Direct	Purchase	4,214	3.34	$14,074.76	106,773	4
2025-05-21	Norris, Dustin David	Officer	See Remarks	Direct	Purchase	77,625	3.44	$267,030.00	619,461	4
2025-04-08	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	100,000	4.08	$408,000.00	383,477	4
2025-04-07	Laffer, Arthur B	Director	-	Direct	Purchase	26,900	3.24	$87,156.00	54,837	4
2025-04-07	Norris, Dustin David	Officer	See Remarks	Direct	Purchase	300,000	3.53	$1,059,000.00	495,836	4
2025-04-04	Richards, Paul	Officer	See Remarks	Direct	Purchase	8,500	3.46	$29,410.00	100,330	4
2024-07-08	Mcgraner, Matt	Officer	See Remarks	Direct	Purchase	15,000	5.36	$80,400.00	80,386	4
2024-07-03	Laffer, Arthur B	Director	-	Indirect	Purchase	2,595	5.49	$14,246.55	93,652	4
2024-06-28	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	9,832	5.44	$53,486.08	258,025	4
2024-06-26	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	24,828	5.10	$126,622.80	232,649	4
2024-06-25	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	45,552	5.09	$231,859.68	207,821	4
2024-06-21	Mcgraner, Matt	Officer	See Remarks	Direct	Purchase	5,000	4.74	$23,700.00	63,965	4
2024-06-21	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	40,471	4.89	$197,903.19	145,780	4
2024-06-20	Norris, Dustin David	Officer	See Remarks	Direct	Purchase	63,430	4.73	$300,023.90	104,057	4
2024-06-18	Mcgraner, Matt	Officer	See Remarks	Direct	Purchase	5,000	4.83	$24,150.00	58,965	4
2024-06-13	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	16,272	10.08	$164,021.76	2,387	4
2024-06-13	Mcgraner, Matt	Officer	See Remarks	Direct	Purchase	5,000	4.93	$24,650.00	53,965	4
2024-04-09	Laffer, Arthur B	Director	-	Indirect	Purchase	20,000	6.17	$123,400.00	88,276	4
2023-10-06	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	373	14.20	$5,296.60	20,797	4
2023-08-17	Kavanaugh, Scott F	Director	-	Direct	Sale	1,131	10.62	$12,011.22	0	4
2023-06-07	Wood, Catherine D.	Director	-	Direct	Purchase	12,500	11.78	$147,250.00	12,500	4
2023-05-31	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	1,397	15.24	$21,290.28	18,343	4
2023-05-26	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	9	15.20	$136.80	16,541	4
2023-05-24	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	180	15.24	$2,743.20	16,032	4
2023-05-23	Dondero, James D	Director,Officer,TenPercentOwner	See Remarks	Indirect	Purchase	441	15.25	$6,725.25	15,852	4
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Institutional Ownership

No data available for chart

2026-03-31

49.48%

Inst. Shares: 24,781,046

Shares Outstanding: 50,084,000

2025-12-31

47.72%

Inst. Shares: 22,070,513

Shares Outstanding: 46,252,000

2025-09-30

48.74%

Inst. Shares: 23,119,343

Shares Outstanding: 47,436,000

2025-06-30

45.71%

Inst. Shares: 20,885,595

Shares Outstanding: 45,687,000

2025-03-31

49.09%

Inst. Shares: 21,058,166

Shares Outstanding: 42,899,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	24,781,046	50,084,000	49.48%
2025-12-31	22,070,513	46,252,000	47.72%
2025-09-30	23,119,343	47,436,000	48.74%
2025-06-30	20,885,595	45,687,000	45.71%
2025-03-31	21,058,166	42,899,000	49.09%
2024-12-31	21,933,978	40,229,000	54.52%
2024-09-30	19,515,322	40,786,000	47.85%
2024-06-30	19,001,402	39,616,000	47.96%
2024-03-31	18,486,663	38,572,000	47.93%
2023-12-31	18,229,004	37,334,000	48.83%
2023-09-30	17,149,477	37,187,000	46.12%
2023-06-30	17,067,408	37,172,000	45.91%
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NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) — SEC Financial Statements & Analysis

NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) is a real estate investment trusts company, incorporated in DE. NEXPOINT DIVERSIFIED REAL ESTATE TRUST trades on NYSE as: NXDT, NXDT-PA. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NEXPOINT DIVERSIFIED REAL ESTATE TRUST reported a 91.42% year-over-year revenue growth, a Price-to-Sales (P/S) ratio of 2.92x (TTM), a Price-to-Book (P/B) ratio of 0.40x (TTM), at a market cap of $268.60M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 91.42%
P/S TTM: 2.92x
P/B TTM: 0.40x
Market Cap: $268.60M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NEXPOINT DIVERSIFIED REAL ESTATE TRUST in?

NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) operates in the Real Estate Investment Trusts industry.

What is NXDT's market cap?

NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) has a market capitalization of $268.60M as of 2026-06-30.

What exchange does NXDT trade on?

NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) trades on the NYSE.

Where is NEXPOINT DIVERSIFIED REAL ESTATE TRUST incorporated?

NEXPOINT DIVERSIFIED REAL ESTATE TRUST is incorporated in DE.