NexPoint Real Estate FinancevsSimon Property

NREF and SPG stock compared: price, dividend, valuation and results, from SEC filings.

NREF

NexPoint Real Estate Finance, Inc.

$12.27

Value $229M

-3.16%
NREF's page

SPG

Simon Property Group, Inc.

$232.97

Value $76.0B

-0.27%
SPG's page

NexPoint Real Estate Finance (NREF) has a market value of $229M and Simon Property (SPG) $76.0B. Over the last year, with dividends, NREF moved -0.0% and SPG +32.6%. The P/E is 15.2 for NREF and 16.9 for SPG. Dividend yield: NREF 16.30%, SPG 3.82%.

At a glance

The main figures of both. A bar only shows which number is larger, not which is better.

  • Market value

    NREF$229M

    SPG$76.0B

    SPG is 332 times NREF

  • Revenue, 12 months

    NREF$60M

    SPG$7.2B

    SPG is 119 times NREF

  • Net income, 12 months

    NREF$15M

    SPG$4.5B

    SPG is 298 times NREF

  • Operating margin

    NREF–

    SPG45.9%

  • ROIC

    NREF–

    SPG8.1%

  • P/E

    NREF15.2

    SPG16.9

    SPG is 1.1 times NREF

  • Dividend yield

    NREF16.3%

    SPG3.8%

    12.5 points apart

  • 5-year return

    NREF+11.1%

    SPG+84.5%

    73.4 points apart

A fainter bar means a negative number. The 5-year return includes dividends.

The price over time

Both start at 100 at the beginning of the period, so the lines show how much each changed. With dividends means each dividend buys more shares.

NREF+11.1%

SPG+84.5%

10015020222023202420252026
Returns by period
PeriodNREFWith dividendsSPGWith dividends
1 year since November 12, 2025-0.0%Price -12.7%+32.6%Price +26.7%
3 years since November 13, 2023+20.1%+6.3% a yearPrice -20.4%+133.5%+32.7% a yearPrice +101.6%
5 years since November 12, 2021+11.1%+2.1% a yearPrice -42.7%+84.5%+13.0% a yearPrice +41.4%

Each cell: the total return with dividends, its yearly rate, and the price change alone. Before taxes and costs. Past returns do not predict future ones.

Every figure

As on each company's page. A description, not a recommendation: no one figure says which is better.

NREFNexPoint Real Estate FinanceSPGSimon Property

Valuation

NREFSPG
Valuation
Price$12.27$232.97
Market value$229M$76.0B
Enterprise value (EV)–$104B
P/E15.216.9
P/E, 5-year median15.420.4
P/B0.618.8
EV/EBIT–31.7
Free cash flow yield–4.4%

Results and growth

NREFSPG
Results and growth
Revenue, 12 months$60M$7.2B
Net income, 12 months$15M$4.5B
Free cash flow, 12 months–$3.4B
Earnings per share, 12 months$0.81$13.86
Revenue growth, year on year67.7%6.7%
Revenue growth a year, past+21.7%over 5 years+6.7%over 5 years
EPS growth a year, past+10.4%over 5 years+31.6%over 5 years

Margins and returns on capital

NREFSPG
Margins and returns on capital
Gross margin––
Operating margin–45.9%
Net margin25.1%63.0%
ROIC–8.1%
ROE4.0%107.7%

Balance sheet

NREFSPG
Balance sheet
Cash$75M$570M
Total debt$572M$29.1B
Net debt / EBITDA–5.9
Interest cover–2.9×

Dividends and buybacks

NREFSPG
Dividends and buybacks
Dividend yield16.3%3.8%
Dividend per share, 12 months$2.00$8.90
Dividend growth a year, past+7.1%over 5 years+7.3%over 5 years
Buyback yield–0.3%
Shareholder yield16.3%4.1%

Last 12 months from the latest 10-Q and 10-K. Value, P/E and yields at today's price. A dash means the figure does not exist or did not pass our checks.

Questions: NREF or SPG

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Which is bigger, NexPoint Real Estate Finance or Simon Property?

By market value, Simon Property ($76.0B) is about 331.6 times NexPoint Real Estate Finance ($229M), at today's prices.

How did NREF and SPG stock do over the last 5 years?

Since November 12, 2021, NREF's price moved -42.7% and SPG's +41.4%. With dividends: NREF +11.1% (+2.1% a year), SPG +84.5% (+13.0% a year). Past returns do not predict future ones.

Which pays the higher dividend, NREF or SPG?

The dividend yield at today's price is 16.30% for NexPoint Real Estate Finance and 3.82% for Simon Property. Over the last twelve months they paid $2.00 and $8.90 per share.

What is the P/E of NREF and SPG?

At today's price, the P/E is 15.2 for NREF and 16.9 for SPG. The median of the last five years was 15.4 and 20.4, which shows where each stands against its own past.

Which has the higher profit margins, NexPoint Real Estate Finance or Simon Property?

Over the last twelve months, the net margin was 25.1% for NexPoint Real Estate Finance and 63.0% for Simon Property, and the operating margin – and 45.9%. Revenue was $60M and $7.2B.

Which is the better investment, NexPoint Real Estate Finance or Simon Property?

The page does not answer that and does not suggest buying or selling. It puts the two companies' numbers side by side, from their SEC filings, for you to read and form your own view. The decision depends on your goals and situation.

Other comparisons

With each of the two, and with the largest in its sector.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

Descriptive data from SEC filings and market prices.