Company: NREF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052000
Chunk: 80

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 80
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, we believe the key financial measures and indicators for our business are earnings per share, dividends declared, EAD, CAD and book value per share.

Earnings Per Share and Dividends Declared

The following table sets forth the calculation of basic and diluted net income per share and dividends declared per share (in thousands, except per share data):

For the Three Months Ended September 30,20252024% ChangeNet income attributable to common stockholders$35,032 $16,116 117.4 %Net income attributable to redeemable noncontrolling interests7,782 3,940 97.5 %Net income attributable to Series B Preferred stockholders7,174 2,403 198.5 %Weighted-average number of shares of common stock outstandingBasic17,722 17,461 1.5 %Diluted43,854 30,468 43.9 %Net income per share, basic$1.98 $0.92 115.2 %Net income per share, diluted$1.14 $0.74 54.1 %Dividends declared per share$0.5000 $0.5000 — %

For the Nine Months Ended September 30,20252024% ChangeNet income (loss) attributable to common stockholders$63,834 $9,317 585.1 %Net income attributable to redeemable noncontrolling interests15,383 4,322 255.9 %Net income attributable to Series B Preferred stockholders17,256 4,545 279.7 %Weighted-average number of shares of common stock outstandingBasic17,651 17,383 1.5 %Diluted39,628 27,673 43.2 %Net income per share, basic$3.62 $0.54 570.4 %Net income per share, diluted$2.43 $0.54 350.0 %Dividends declared per share$1.5000 $1.5000 — %

Earnings Available for Distribution, Cash Available for Distribution and Adjusted Weighted Average Common Shares Outstanding - Diluted

EAD is a non-GAAP financial measure. We believe EAD serves as a useful indicator for investors in evaluating our performance and our long-term ability to pay distributions. EAD is defined as the net income (loss) attributable to our common stock