NREF Announces First Quarter 2026 Results, Provides Second Quarter 2026 Guidance
NREF reported Q1 net income of $10.0 million and Cash Available for Distribution (CAD) of $13.5 million, or $0.58 per diluted share, a 29% increase from the prior year. The company declared a second quarter dividend of $0.50 per share and issued guidance with CAD per share expected to reach $0.54 at the midpoint, implying strong dividend coverage.
Key figures
- Eps
- 0.42
- Guidance
- 2Q 2026 EAD per diluted common share $0.43 (midpoint); CAD per diluted common share $0.54 (midpoint)
- Dividend per share
- 0.5
- Cad per diluted share
- 0.58
- Outstanding portfolio
- 1100000000
- Cash available for distribution
- 13500000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.