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NexPoint Real Estate Finance, Inc. (NREF)

USD16.81 +0.22 (+1.33%)
US NYSE Real Estate REIT - Mortgage
Address 300 Crescent Court 75201
Dallas, TX, US
CEO James David Dondero
IPO 2020-02-07
CIK 1786248 ISIN US65342V1017

Explore sections of this company profile

Also trades on New York Stock Exchange · NREF (USD) New York Stock Exchange · NREF-PA (USD)
Description

NexPoint Real Estate Finance, Inc. (NREF) is a U.S.-based real estate finance firm. Its core activities involve the origination, structuring, and investment in a diverse range of real estate-backed financial products. These encompass senior mortgage debt, mezzanine debt, preferred equity, preferred stock, and securitized multifamily commercial mortgage-backed securities. The company aims to qualify as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes. This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2019, NREF is headquartered in Dallas, Texas.

News Sentiment (7d)
73 Positive

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD16.81 +0.22 (+1.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
60.4K
Beta
1.16
Float Shares
16.89M
Free Float %
90.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.64% -2.15% +10.67% +2.52% +11.87% +9.80% +6.04% +15.37% -20.10% -17.77% -17.77%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (6 ratings, all time) Hold
Price Targets & DCF
Current price
16.81
Low 15.00 -10.8%
Consensus 15.00 -10.8%
Median 15.00 -10.8%
High 15.00 -10.8%
DCF (Unlevered) 58.38 +247.3%
DCF (Levered) 444.62 +2,545.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 1
15.00
-10.8%
All Time 2
14.50
-13.7%
Quality scores
Altman Z-Score
0.14
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
  • Revenue growth
    +14.3% Q1'26: +1.9% (vs Q1'25)
  • EPS growth
    +189.2% Q1'26: -40.0% (vs Q1'25)
  • FCF margin
    Q1'26: +0.0% (vs Q1'25)
  • EBIT margin
    Q1'26: +76.1% (vs Q1'25)
  • ROIC
    Q1'26: +2.5% (vs Q1'25)
  • Share dilution
    +108.1% Q1'26: +42.7% (vs Q1'25)
  • Debt / EBITDA
    26.42× Q1'26: 34.24× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.15) × ERP
WACC = 11% × Ke + 89% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 58.38 Current price: 16.81
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Revenue
19.49M
est: 41.50M (-53.0%)
34.75M
est: 53.10M (-34.6%)
40.38M
est: 83.30M (-51.5%)
42.09M
est: 33.10M (+27.2%)
110.32M
est: 51.40M (+114.6%)
126.13M
est: 74.10M (+70.2%)
51.15M
47.10M – 55.19M
-31.0% YoY
54.51M
50.20M – 58.81M
+6.6% YoY
EBITDA
est: 15.10M (-100.0%)
est: 19.32M (-100.0%)
57.35M
est: 30.31M (+89.2%)
est: 18.66M (-100.0%)
90.39M
est: 28.98M (+211.9%)
168.86M
est: 41.78M (+304.1%)
28.84M
26.56M – 31.12M
-31.0% YoY
30.74M
28.31M – 33.16M
+6.6% YoY
EBIT
est: 14.68M (-100.0%)
est: 18.78M (-100.0%)
54.45M
est: 29.46M (+84.8%)
est: 18.33M (-100.0%)
84.77M
est: 28.46M (+197.9%)
165.91M
est: 41.03M (+304.4%)
28.32M
26.08M – 30.56M
-31.0% YoY
30.18M
27.80M – 32.56M
+6.6% YoY
Net Income
12.85M
est: 25.70M (-50.0%)
43.09M
est: 40.98M (+5.1%)
6.75M
est: -708.0K (+1,052.8%)
13.98M
est: -18.18M (+176.9%)
29.19M
est: 61.42M (-52.5%)
105.10M
est: 69.72M (+50.8%)
60.19M
57.97M – 62.41M
-13.7% YoY
64.42M
63.58M – 65.25M
+7.0% YoY
SGA
4.93M
est: 8.54M (-42.2%)
6.37M
est: 10.92M (-41.7%)
7.24M
est: 7.32M (-1.1%)
12.49M
est: 5.80M (+115.4%)
12.81M
est: 9.00M (+42.3%)
12.65M
est: 12.98M (-2.5%)
8.96M
8.25M – 9.67M
-31.0% YoY
9.55M
8.79M – 10.30M
+6.6% YoY
EPS
2.13
est: 1.48 (+44.2%)
6.00
est: 2.36 (+154.8%)
0.22
est: 2.71 (-91.9%)
0.60
est: -0.50 (+219.0%)
1.02
est: 1.70 (-40.1%)
4.28
est: 1.93 (+122.3%)
1.67
1.60 – 1.72
-13.4% YoY
1.78
1.76 – 1.80
+7.0% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-08 Keefe, Bruyette & Woods Market Perform Market Perform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-01 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 A 4/5 3/5 5/5 4/5 1/5 4/5 5/5
2026-04-28 A 4/5 3/5 5/5 4/5 1/5 4/5 5/5
2026-04-27 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-24 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-23 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-22 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-21 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-20 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-17 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5
2026-04-16 A 4/5 4/5 5/5 4/5 1/5 4/5 5/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
35
Total invested
14.67M
Insider transactions (90d)
0
Beneficial owners (>5%)
10
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 James D. Dondero 1.87M 20.80% 17.6K 1.85M 17.6K HC, IN United States 2021-09-10
2 Highland Capital Management Fund Advisors, L.P. 1.20M 13.30% 1.20M IA, PN Delaware 2021-09-10
3 Fidelity Real Estate Income Fund 525.0K 10.50% 525.0K IV Delaware 2020-03-10
4 NexPoint Advisors, L.P. 486.5K 5.40% 486.5K IA, PN Delaware 2021-09-10
5 Barclays Bank PLC 377.0K 7.37% 377.0K 377.0K BD England, United Kingdom 2021-02-11
6 Barclays PLC 377.0K 7.37% 377.0K 377.0K HC England, United Kingdom 2021-02-11
7 43-1225960 302.4K 3.10% 277.6K 302.4K IA Missouri Corporation 2022-02-14
8 Nancy Marie Dondero 163.9K 1.80% 163.9K 163.9K IN United States 2021-09-10
9 Abigail P. Johnson 0.00% IN Delaware 2020-12-10
10 FMR LLC 0.00% HC Delaware 2020-12-10

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
35
-41 vs prev Q
New positions
10
Closed positions
51
Increased
18
Reduced
8
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 NEXPOINT ASSET MANAGEMENT, L.P. 9.44M +852.3K (+9.9%) 132.91M +11.1M (+9.1%) 53.27% +4.782 pp 9.26% -1.319 pp USD19.60 -28.2% 24 qtrs
2 7.0K +7.0K (+100.0%) 98.56M +98.6M (+100.0%) 0.04% +0.040 pp 0.08% +0.077 pp USD14.08 +0.0% 1 qtrs NEW
3 BLACKROCK, INC. 625.4K +8.8K (+1.4%) 8.81M +61.8K (+0.7%) 3.53% +0.048 pp 0.00% +0.000 pp USD15.60 -9.7% 6 qtrs
4 VANGUARD GROUP INC 397.2K -35.0K (-8.1%) 5.59M -535.4K (-8.7%) 2.24% -0.199 pp 0.00% +0.000 pp USD18.01 -21.8% 23 qtrs
5 RAYMOND JAMES FINANCIAL INC 314.0K +5.6K (+1.8%) 4.42M +47.6K (+1.1%) 1.77% +0.031 pp 0.00% +0.000 pp USD15.60 -9.7% 5 qtrs
6 MORGAN STANLEY 194.3K +28.8K (+17.4%) 2.74M +389.5K (+16.6%) 1.10% +0.162 pp 0.00% +0.000 pp USD15.32 -8.1% 22 qtrs
7 GEODE CAPITAL MANAGEMENT, LLC 174.2K -11.8K (-6.3%) 2.45M -184.8K (-7.0%) 0.98% -0.067 pp 0.00% +0.000 pp USD18.35 -23.3% 23 qtrs
8 STATE STREET CORP 170.8K -475.0 (-0.3%) 2.40M -23.8K (-1.0%) 0.96% -0.003 pp 0.00% +0.000 pp USD18.20 -22.6% 19 qtrs
9 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 157.7K +46.7K (+42.0%) 2.22M +646.1K (+41.0%) 0.89% +0.263 pp 0.01% +0.003 pp USD14.82 -5.0% 4 qtrs
10 COPLEY FINANCIAL GROUP, INC. 123.3K +9.5K (+8.3%) 1.74M +122.0K (+7.6%) 0.70% +0.053 pp 1.07% -0.030 pp USD14.19 -0.8% 6 qtrs
11 RITHOLTZ WEALTH MANAGEMENT 96.7K +29.3K (+43.5%) 1.36M +405.7K (+42.4%) 0.55% +0.165 pp 0.02% +0.006 pp USD14.77 -4.7% 4 qtrs
12 GOLDMAN SACHS GROUP INC 89.5K -6.7K (-7.0%) 1.26M -104.5K (-7.7%) 0.50% -0.038 pp 0.00% +0.000 pp USD14.47 -2.7% 16 qtrs
13 MILLENNIUM MANAGEMENT LLC 87.2K -52.8K (-37.7%) 1.23M -757.6K (-38.2%) 0.49% -0.299 pp 0.00% 0.000 pp USD17.91 -21.4% 18 qtrs
14 PENSERRA CAPITAL MANAGEMENT LLC 81.0K +9.8K (+13.7%) 1.14M +130.0K (+12.9%) 0.46% +0.055 pp 0.01% +0.002 pp USD14.00 +0.6% 7 qtrs
15 1776 WEALTH LLC 72.4K -59.0 (-0.1%) 1.02M -8.1K (-0.8%) 0.41% -0.001 pp 0.38% -0.012 pp USD13.62 +3.4% 7 qtrs
16 WEDBUSH SECURITIES INC 68.0K -2.4K (-3.4%) 957.0K -41.0K (-4.1%) 0.38% -0.014 pp 0.03% -0.005 pp USD13.92 +1.1% 8 qtrs
17 NORTHERN TRUST CORP 52.5K -4.3K (-7.5%) 738.9K -65.5K (-8.1%) 0.30% -0.024 pp 0.00% +0.000 pp USD19.30 -27.0% 19 qtrs
18 LPL FINANCIAL LLC 44.5K +8.0K (+21.8%) 627.1K +108.4K (+20.9%) 0.25% +0.045 pp 0.00% +0.000 pp USD15.86 -11.2% 16 qtrs
19 BERKELEY CAPITAL PARTNERS, LLC 40.9K +1.0K (+2.6%) 576.0K +10.8K (+1.9%) 0.23% +0.006 pp 0.14% +0.002 pp USD13.67 +3.0% 8 qtrs
20 MOREY & QUINN WEALTH PARTNERS, LLC 37.9K -405.0 (-1.1%) 533.4K -9.5K (-1.8%) 0.21% -0.002 pp 0.38% -0.017 pp USD15.69 -10.3% 5 qtrs
21 TWO SIGMA INVESTMENTS, LP 34.8K +14.3K (+69.7%) 490.1K +199.2K (+68.5%) 0.20% +0.081 pp 0.00% +0.000 pp USD14.43 -2.4% 7 qtrs
22 BANK OF AMERICA CORP /DE/ 28.8K +6.4K (+28.8%) 406.0K +88.6K (+27.9%) 0.16% +0.036 pp 0.00% +0.000 pp USD14.97 -5.9% 18 qtrs
23 HIGHTOWER ADVISORS, LLC 24.7K +3.0 (+0.0%) 347.4K -2.4K (-0.7%) 0.14% 0.000 pp 0.00% +0.000 pp USD15.12 -6.9% 13 qtrs
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 23.9K -2.4K (-9.3%) 336.8K -37.0K (-9.9%) 0.14% -0.014 pp 0.00% +0.000 pp USD18.51 -23.9% 15 qtrs
25 CONCORDE ASSET MANAGEMENT, LLC 23.4K +2.0K (+9.3%) 328.8K +27.2K (+9.0%) 0.13% +0.011 pp 0.13% +0.005 pp USD14.17 -0.6% 2 qtrs
26 BARCLAYS PLC 22.9K +1.1K (+5.2%) 321.8K -17.8K (-5.2%) 0.13% +0.006 pp 0.00% +0.000 pp USD15.48 -9.0% 15 qtrs
27 JANE STREET GROUP, LLC 22.4K +22.4K (+100.0%) 315.7K +315.7K (+100.0%) 0.13% +0.127 pp 0.00% +0.000 pp USD14.08 +0.0% 1 qtrs NEW
28 RUSSELL INVESTMENTS GROUP, LTD. 22.3K +8.8K (+64.5%) 314.3K +121.9K (+63.4%) 0.13% +0.049 pp 0.00% +0.000 pp USD14.30 -1.5% 8 qtrs
29 CETERA INVESTMENT ADVISERS 20.0K +20.0K (+100.0%) 280.9K +280.9K (+100.0%) 0.11% +0.113 pp 0.00% +0.000 pp USD14.08 +0.0% 1 qtrs NEW
30 NAVIS WEALTH ADVISORS, LLC 19.6K +672.0 (+3.5%) 276.6K +7.6K (+2.8%) 0.11% +0.004 pp 0.12% -0.084 pp USD15.48 -9.0% 6 qtrs
31 ACADIAN ASSET MANAGEMENT LLC 19.6K +12.5K (+175.9%) 275.0K +176.0K (+177.8%) 0.11% +0.071 pp 0.00% +0.000 pp USD15.03 -6.3% 22 qtrs
32 BANK OF NEW YORK MELLON CORP 17.1K -2.8K (-14.2%) 241.4K -42.1K (-14.8%) 0.10% -0.016 pp 0.00% +0.000 pp USD18.72 -24.8% 15 qtrs
33 ALLIANCEBERNSTEIN L.P. 13.8K +— (+0.0%) 194.9K -1.4K (-0.7%) 0.08% +0.000 pp 0.00% +0.000 pp USD13.53 +4.1% 7 qtrs
34 INVESCO LTD. 11.9K +11.9K (+100.0%) 166.9K +166.9K (+100.0%) 0.07% +0.067 pp 0.00% +0.000 pp USD14.08 +0.0% 1 qtrs NEW
35 ADVISOR GROUP HOLDINGS, INC. 11.8K -2.0K (-14.2%) 166.2K -40.2K (-19.5%) 0.07% -0.011 pp 0.00% +0.000 pp USD15.36 -8.3% 19 qtrs
36 RHUMBLINE ADVISERS 10.4K -1.5K (-12.5%) 146.6K -22.0K (-13.1%) 0.06% -0.008 pp 0.00% +0.000 pp USD19.18 -26.6% 15 qtrs
37 DEUTSCHE BANK AG\ 10.0K -3.6K (-26.4%) 140.8K -51.8K (-26.9%) 0.06% -0.020 pp 0.00% +0.000 pp USD14.18 -0.7% 2 qtrs
38 WELLS FARGO & COMPANY/MN 8.6K +2.7K (+46.4%) 120.8K +37.7K (+45.3%) 0.05% +0.015 pp 0.00% +0.000 pp USD14.82 -5.0% 21 qtrs
39 NEW YORK STATE COMMON RETIREMENT FUND 5.5K +— (+0.0%) 77.0K -547.0 (-0.7%) 0.03% +0.000 pp 0.00% +0.000 pp USD19.73 -28.6% 15 qtrs
40 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 3.5K -36.0 (-1.0%) 49.6K -862.0 (-1.7%) 0.02% 0.000 pp 0.00% +0.000 pp USD14.18 -0.7% 7 qtrs
41 JPMORGAN CHASE & CO 3.3K -284.0 (-8.0%) 45.8K -4.4K (-8.7%) 0.02% -0.002 pp 0.00% +0.000 pp USD15.79 -10.8% 20 qtrs
42 LEGACY WEALTH MANAGMENT, LLC/ID 3.2K -1.0 (0.0%) 44.4K -330.0 (-0.7%) 0.02% +0.000 pp 0.02% +0.001 pp USD14.54 -3.2% 6 qtrs
43 BNP PARIBAS ARBITRAGE, SNC 2.7K -120.0 (-4.3%) 37.7K -2.0K (-5.0%) 0.02% -0.001 pp 0.00% +0.000 pp USD14.54 -3.2% 5 qtrs
44 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 2.0K +— (+0.0%) 27.7K -197.0 (-0.7%) 0.01% +0.000 pp 0.00% +0.000 pp USD14.18 -0.7% 2 qtrs
45 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 1.8K +— (+0.0%) 26.0K -184.0 (-0.7%) 0.01% +0.000 pp 0.00% +0.000 pp USD13.79 +2.1% 3 qtrs
46 STRS OHIO 1.7K +— (+0.0%) 23.9K -170.0 (-0.7%) 0.01% +0.000 pp 0.00% +0.000 pp USD20.27 -30.5% 15 qtrs
47 ROYAL BANK OF CANADA 1.5K -3.4K (-68.9%) 22.0K -48.0K (-68.6%) 0.01% -0.019 pp 0.00% +0.000 pp USD15.15 -7.1% 20 qtrs
48 NISA INVESTMENT ADVISORS, LLC 1.6K -1.2K (-44.1%) 22.0K -17.6K (-44.4%) 0.01% -0.007 pp 0.00% 0.000 pp USD14.38 -2.1% 24 qtrs
49 TOWER RESEARCH CAPITAL LLC (TRC) 1.2K +336.0 (+37.8%) 17.2K +4.6K (+36.8%) 0.01% +0.002 pp 0.00% +0.000 pp USD13.92 +1.1% 18 qtrs
50 UBS GROUP AG 959.00 -6.8K (-87.6%) 13.5K -96.2K (-87.7%) 0.01% -0.038 pp 0.00% +0.000 pp USD14.93 -5.7% 24 qtrs
51 LEGAL & GENERAL GROUP PLC 717.00 +— (+0.0%) 10.1K -72.0 (-0.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD18.17 -22.5% 15 qtrs
52 JONES FINANCIAL COMPANIES LLLP 600.00 +600.0 (+100.0%) 8.4K +8.4K (+100.0%) 0.00% +0.003 pp 0.00% +0.000 pp USD14.08 +0.0% 1 qtrs NEW
53 AMERITAS INVESTMENT PARTNERS, INC. 588.00 +— (+0.0%) 8.3K -59.0 (-0.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD20.27 -30.5% 15 qtrs
54 CITIGROUP INC 556.00 -573.0 (-50.8%) 7.8K -8.2K (-51.1%) 0.00% -0.003 pp 0.00% +0.000 pp USD15.39 -8.5% 16 qtrs
55 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 471.00 -121.0 (-20.4%) 6.6K -1.8K (-21.0%) 0.00% -0.001 pp 0.00% +0.000 pp USD20.22 -30.4% 15 qtrs
56 STERLING CAPITAL MANAGEMENT LLC 441.00 -87.0 (-16.5%) 6.2K -1.3K (-17.1%) 0.00% -0.001 pp 0.00% +0.000 pp USD14.53 -3.1% 6 qtrs
57 UBS ASSET MANAGEMENT AMERICAS INC 414.00 +414.0 (+100.0%) 5.8K +5.8K (+100.0%) 0.00% +0.002 pp 0.00% +0.000 pp USD14.08 +0.0% 1 qtrs NEW
58 FMR LLC 393.00 -639.0 (-61.9%) 5.5K -9.1K (-62.2%) 0.00% -0.004 pp 0.00% +0.000 pp USD14.65 -3.9% 14 qtrs
59 CWM, LLC 336.00 -96.0 (-22.2%) 5.0K -1.0K (-16.7%) 0.00% -0.001 pp 0.00% +0.000 pp USD14.35 -1.9% 6 qtrs
60 HARBOUR INVESTMENTS, INC. 300.00 +— (+0.0%) 4.2K -30.0 (-0.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD13.45 +4.7% 8 qtrs
61 AMALGAMATED BANK 240.00 -32.0 (-11.8%) 3.0K -1.0K (-25.0%) 0.00% 0.000 pp 0.00% +0.000 pp USD20.27 -30.5% 15 qtrs
62 COVESTOR LTD 196.00 -28.0 (-12.5%) 3.0K +— (+0.0%) 0.00% 0.000 pp 0.00% 0.000 pp USD14.38 -2.1% 7 qtrs
63 HARBOR CAPITAL ADVISORS, INC. 219.00 -4.0 (-1.8%) 3.0K +— (+0.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD15.53 -9.3% 6 qtrs
64 GAMMA INVESTING LLC 209.00 +141.0 (+207.4%) 2.9K +2.0K (+205.3%) 0.00% +0.001 pp 0.00% +0.000 pp USD14.32 -1.7% 6 qtrs
65 OPTIVER HOLDING B.V. 152.00 +— (+0.0%) 2.1K -15.0 (-0.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.18 -0.7% 2 qtrs
66 EVERSOURCE WEALTH ADVISORS, LLC 110.00 +— (+0.0%) 1.5K -12.0 (-0.8%) 0.00% +0.000 pp 0.00% +0.000 pp USD13.95 +0.9% 5 qtrs
67 MASSMUTUAL TRUST CO FSB/ADV 64.00 +64.0 (+100.0%) 901.00 +901.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.08 +0.0% 5 qtrs
68 PNC FINANCIAL SERVICES GROUP, INC. 40.00 -3.0 (-7.0%) 563.00 -47.0 (-7.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.15 -0.5% 11 qtrs
69 IFP ADVISORS, INC 30.00 -3.0 (-9.1%) 422.00 -46.0 (-9.8%) 0.00% +0.000 pp 0.00% +0.000 pp USD13.83 +1.8% 3 qtrs
70 TRANSAMERICA FINANCIAL ADVISORS, INC. 15.00 +15.0 (+100.0%) 211.00 +211.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.07 +0.1% 1 qtrs NEW
71 KILTER GROUP LLC 9.00 +9.0 (+100.0%) 127.00 +127.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.00 +0.6% 1 qtrs NEW
72 MAI CAPITAL MANAGEMENT 6.00 +6.0 (+100.0%) 85.00 +85.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.00 +0.6% 1 qtrs NEW
73 ALLWORTH FINANCIAL LP 1.00 -2.0 (-66.7%) 15.00 -28.0 (-65.1%) 0.00% +0.000 pp 0.00% +0.000 pp USD13.00 +8.3% 3 qtrs
74 ROTHSCHILD INVESTMENT LLC 1.00 +1.0 (+100.0%) 14.00 +14.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD14.00 +0.6% 1 qtrs NEW
75 SRS CAPITAL ADVISORS, INC. 1.00 -124.0 (-99.2%) 14.00 -1.8K (-99.2%) 0.00% -0.001 pp 0.00% +0.000 pp USD14.00 +0.6% 2 qtrs
76 SUMMIT ASSET MANAGEMENT, LLC -40.1K (-100.0%) -568.4K (-100.0%) 0.00% -0.226 pp 0.00% -0.087 pp USD 3 qtrs SOLD
77 TRUE WEALTH DESIGN, LLC -5.0 (-100.0%) -71.0 (-100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD 4 qtrs SOLD
78 PHYSICIAN WEALTH ADVISORS, INC. -68.0 (-100.0%) -965.0 (-100.0%) 0.00% 0.000 pp 0.00% 0.000 pp USD 3 qtrs SOLD
79 SIMPLEX TRADING, LLC -1.7K (-100.0%) -24.0K (-100.0%) 0.00% -0.010 pp 0.00% +0.000 pp USD 3 qtrs SOLD
80 PFG INVESTMENTS, LLC -10.8K (-100.0%) -152.6K (-100.0%) 0.00% -0.061 pp 0.00% -0.008 pp USD 3 qtrs SOLD
81 ADVISORY SERVICES NETWORK, LLC -993.0 (-100.0%) -14.1K (-100.0%) 0.00% -0.006 pp 0.00% 0.000 pp USD 2 qtrs SOLD
82 VIDENT ADVISORY, LLC -18.1K (-100.0%) -256.9K (-100.0%) 0.00% -0.102 pp 0.00% -0.003 pp USD 2 qtrs SOLD
83 HRT FINANCIAL LP -11.7K (-100.0%) -166.0K (-100.0%) 0.00% -0.066 pp 0.00% -0.001 pp USD 2 qtrs SOLD
84 HSBC HOLDINGS PLC -13.9K (-100.0%) -198.4K (-100.0%) 0.00% -0.079 pp 0.00% 0.000 pp USD 10 qtrs SOLD
85 PRIVATE WEALTH MANAGEMENT GROUP, LLC -186.0 (-100.0%) -2.6K (-100.0%) 0.00% -0.001 pp 0.00% -0.001 pp USD 5 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 43 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Hoya Capital High Dividend Yield ETF RIET 1.25% 1.34M 0.50%
2 iShares Mortgage Real Estate ETF REM 0.24% 1.34M 0.48%
3 Harbor AlphaEdge Small Cap Earners ETF (EBIT) EBIT 0.03% 3.7K 0.29%
4 iShares Micro-Cap ETF IWC 0.03% 389.2K 0.60%
5 Franklin U.S. Small Cap Multifactor Index ETF FLQS 0.01% 7.5K 0.35%
6 iShares Russell 2000 Value ETF IWN 0.01% 1.22M 0.24%
7 Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF GSSC 0.01% 77.5K 0.20%
8 Vanguard Russell 2000 Value ETF VTWV 0.01% 91.0K 0.06%
9 iShares Russell 2000 BuyWrite ETF IWMW 0.00% 2.7K 0.39%
10 iShares Russell 2000 ETF IWM 0.00% 3.94M 0.19%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
1.00
Neutral
Ratio by volume
1.00
Neutral
Buys
1
Sells
1
Shares acquired
66.0K
Shares disposed
66.0K
Cash buys
1.00
Cash sales
1.00
Net activity
+0
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-04 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 3,238 0.00 3,239 D
2026-04-04 Richards Paul Officer M-Exempt D Restricted Stock Units 6,894 0.00 6,894 D
2026-04-04 Mitts Brian Director F-InKind D Common Stock 2,448 13.36 32.7K 94,914 D
2026-04-04 McGraner Matt Officer M-Exempt A Common Stock 32,010 0.00 336,820 D
2026-04-04 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 33,284 0.00 492,250 D
2026-04-03 Wood Catherine D. Director M-Exempt A Common Stock 5,518 0.00 30,228 D
2026-04-03 Swain Carol Director M-Exempt A Common Stock 5,518 0.00 14,322 D
2026-04-03 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 4,311 0.00 32,478 D
2026-04-03 Richards Paul Officer M-Exempt D Restricted Stock Units 15,087 0.00 45,258 D
2026-04-03 Mitts Brian Director M-Exempt D Restricted Stock Units 5,518 0.00 0 D
2026-04-03 McGraner Matt Officer M-Exempt A Common Stock 36,830 0.00 322,448 D
2026-04-03 LAFFER ARTHUR B Director M-Exempt A Common Stock 5,518 0.00 65,009 D
2026-04-03 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 0 0.00 0 D
2026-04-03 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 36,830 0.00 110,489 D
2026-04-03 Constantino Edward N. Director M-Exempt D Restricted Stock Units 5,518 0.00 0 D
2026-04-02 Wood Catherine D. Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-04-02 Swain Carol Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-04-02 Sauter Dennis Charles Jr Officer A-Award A Restricted Stock Units 32,308 0.00 32,308 D
2026-04-02 Richards Paul Officer A-Award A Restricted Stock Units 61,347 0.00 61,347 D
2026-04-02 Mitts Brian Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-04-02 McGraner Matt Officer A-Award A Restricted Stock Units 197,789 0.00 197,789 D
2026-04-02 LAFFER ARTHUR B Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-04-02 KAVANAUGH SCOTT F Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-04-02 DONDERO JAMES D Director / Officer / 10% Owner A-Award A Restricted Stock Units 197,789 0.00 197,789 D
2026-04-02 Constantino Edward N. Director A-Award A Restricted Stock Units 6,154 0.00 6,154 D
2026-03-13 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 2,917 0.00 5,833 D
2026-03-13 Richards Paul Officer M-Exempt D Restricted Stock Units 10,000 0.00 20,000 D
2026-03-13 Mitts Brian Director D-Return D Common Stock 1,249 0.00 90,795 D
2026-03-13 McGraner Matt Officer M-Exempt D Restricted Stock Units 38,438 0.00 76,874 D
2026-03-13 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 38,438 0.00 408,412 D
2026-02-21 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 2,146 0.00 0 D
2026-02-21 Richards Paul Officer M-Exempt D Restricted Stock Units 4,568 0.00 0 D
2026-02-21 Mitts Brian Director M-Exempt D Restricted Stock Units 5,538 0.00 0 D
2026-02-21 McGraner Matt Officer F-InKind D Common Stock 7,342 14.86 109.1K 260,734 D
2026-02-21 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 17,308 0.00 0 D
2025-12-30 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Common Stock 852,273 0.00 3,649,759 I
2025-12-18 Mitts Brian Director S-Sale D Common Stock 11,904 14.51 172.7K 0 I
2025-09-22 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A Common Stock 66,000 14.33 945.8K 319,490 I
2025-04-09 Richards Paul Officer P-Purchase A Common Stock 1,000 12.28 12.3K 48,831 D
2025-04-04 Sauter Dennis Charles Jr Officer F-InKind D Common Stock 1,184 14.21 16.8K 25,276 D
2025-04-04 Richards Paul Officer M-Exempt D Restricted Stock Units 6,895 0.00 13,788 D
2025-04-04 Mitts Brian Director M-Exempt D Restricted Stock Units 6,837 0.00 13,675 D
2025-04-04 McGraner Matt Officer M-Exempt D Restricted Stock Units 32,010 0.00 64,021 D
2025-04-04 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 33,284 0.00 317,752 D
2025-04-03 Wood Catherine D. Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-04-03 Swain Carol Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-04-03 Sauter Dennis Charles Jr Officer A-Award A Restricted Stock Units 17,242 0.00 17,242 D
2025-04-03 Richards Paul Officer A-Award A Restricted Stock Units 60,345 0.00 60,345 D
2025-04-03 Mitts Brian Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-04-03 McGraner Matt Officer A-Award A Restricted Stock Units 147,319 0.00 147,319 D
2025-04-03 LAFFER ARTHUR B Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-04-03 KAVANAUGH SCOTT F Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-04-03 DONDERO JAMES D Director / Officer / 10% Owner A-Award A Restricted Stock Units 147,319 0.00 147,319 D
2025-04-03 Constantino Edward N. Director A-Award A Restricted Stock Units 5,518 0.00 5,518 D
2025-03-13 Wood Catherine D. Director M-Exempt A Common Stock 4,530 0.00 24,710 D
2025-03-13 Swain Carol Director M-Exempt A Common Stock 4,530 0.00 8,804 D
2025-03-13 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 2,917 0.00 8,750 D
2025-03-13 Richards Paul Officer M-Exempt A Common Stock 10,000 0.00 49,053 D
2025-03-13 Mitts Brian Director M-Exempt A Common Stock 8,333 0.00 81,458 D
2025-03-13 McGraner Matt Officer F-InKind D Common Stock 15,321 16.13 247.1K 235,292 D
2025-03-13 LAFFER ARTHUR B Director M-Exempt A Common Stock 4,530 0.00 59,491 D
2025-03-13 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 4,530 0.00 0 D
2025-03-13 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 38,438 0.00 277,027 D
2025-03-13 Constantino Edward N. Director M-Exempt A Common Stock 4,530 0.00 33,404 D
2025-02-22 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 1,335 0.00 0 D
2025-02-22 Richards Paul Officer M-Exempt D Restricted Stock Units 3,220 0.00 0 D
2025-02-22 Mitts Brian Director M-Exempt D Restricted Stock Units 5,163 0.00 0 D
2025-02-22 McGraner Matt Officer F-InKind D Common Stock 6,021 15.55 93.6K 212,275 D
2025-02-22 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 15,840 0.00 0 D
2025-02-21 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 2,146 0.00 2,146 D
2025-02-21 Richards Paul Officer F-InKind D Common Stock 2,934 15.55 45.6K 38,067 D
2025-02-21 Mitts Brian Director F-InKind D Common Stock 2,998 15.55 46.6K 70,739 D
2025-02-21 McGraner Matt Officer M-Exempt A Common Stock 17,309 0.00 209,107 D
2025-02-21 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 17,309 0.00 17,308 D
2025-01-01 Richards Paul Officer Common Stock 0 0.00 36,431 D
2024-05-08 Sauter Dennis Charles Jr Officer F-InKind D Common Stock 689 13.69 9.4K 19,356
2024-05-08 Mitts Brian Director / Officer M-Exempt A Common Stock 5,780 0.00 70,463
2024-05-08 McGraner Matt Officer F-InKind D Common Stock 15,098 13.69 206.7K 191,798
2024-05-08 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 17,557 0.00 0
2024-04-04 Wood Catherine D. Director M-Exempt A Common Stock 4,274 0.00 20,180
2024-04-04 Swain Carol Director M-Exempt D Restricted Stock Units 4,274 0.00 0
2024-04-04 Sauter Dennis Charles Jr Officer F-InKind D Common Stock 1,148 13.04 15.0K 18,600
2024-04-04 Mitts Brian Director / Officer M-Exempt D Restricted Stock Units 6,837 0.00 20,512
2024-04-04 McGraner Matt Officer M-Exempt D Restricted Stock Units 32,010 0.00 96,031
2024-04-04 LAFFER ARTHUR B Director M-Exempt D Restricted Stock Units 4,274 0.00 0
2024-04-04 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 4,274 0.00 0
2024-04-04 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 33,284 0.00 99,851
2024-04-04 Constantino Edward N. Director M-Exempt D Restricted Stock Units 4,274 0.00 0
2024-03-13 Wood Catherine D. Director A-Award A Restricted Stock Units 4,530 0.00 4,530
2024-03-13 Swain Carol Director A-Award A Restricted Stock Units 4,530 0.00 4,530
2024-03-13 Sauter Dennis Charles Jr Officer A-Award A Restricted Stock Units 11,667 0.00 11,667
2024-03-13 Mitts Brian Director / Officer A-Award A Restricted Stock Units 33,333 0.00 33,333
2024-03-13 McGraner Matt Officer A-Award A Restricted Stock Units 153,750 0.00 153,750
2024-03-13 LAFFER ARTHUR B Director A-Award A Restricted Stock Units 4,530 0.00 4,530
2024-03-13 KAVANAUGH SCOTT F Director A-Award A Restricted Stock Units 4,530 0.00 4,530
2024-03-13 DONDERO JAMES D Director / Officer / 10% Owner A-Award A Restricted Stock Units 153,750 0.00 153,750
2024-03-13 Constantino Edward N. Director A-Award A Restricted Stock Units 4,530 0.00 4,530
2024-02-22 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 1,334 0.00 1,335
2024-02-22 Mitts Brian Director / Officer M-Exempt D Restricted Stock Units 5,163 0.00 5,163
2024-02-22 McGraner Matt Officer M-Exempt D Restricted Stock Units 15,839 0.00 15,840
2024-02-22 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 15,839 0.00 15,840
2024-02-21 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 2,146 0.00 4,292
2024-02-21 Mitts Brian Director / Officer F-InKind D Common Stock 2,188 14.26 31.2K 56,698
2024-02-21 McGraner Matt Officer M-Exempt D Restricted Stock Units 17,309 0.00 34,617
2024-02-21 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 17,309 0.00 118,970
2023-06-07 Wood Catherine D. Director P-Purchase A Common Stock 3,600 16.09 57.9K 15,906
2023-05-17 McGraner Matt Officer P-Purchase A Common Stock 2,000 13.78 27.6K 140,895
2023-05-10 McGraner Matt Officer P-Purchase A Common Stock 2,000 13.05 26.1K 138,895
2023-05-08 Sauter Dennis Charles Jr Officer M-Exempt D Restricted Stock Units 1,445 0.00 1,445
2023-05-08 Mitts Brian Director / Officer M-Exempt D Restricted Stock Units 5,780 0.00 5,780
2023-05-08 McGraner Matt Officer F-InKind D Common Stock 10,070 13.48 135.7K 136,895
2023-05-08 Goetz Matthew Officer F-InKind D Common Stock 4,149 13.48 55.9K 89,164
2023-05-08 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 17,558 0.00 17,557
2023-04-04 Wood Catherine D. Director A-Award A Restricted Stock Units 4,274 0.00 4,274
2023-04-04 Swain Carol Director A-Award A Restricted Stock Units 4,274 0.00 4,274
2023-04-04 Sauter Dennis Charles Jr Officer A-Award A Restricted Stock Units 12,953 0.00 12,953
2023-04-04 Mitts Brian Director / Officer A-Award A Restricted Stock Units 27,349 0.00 27,349
2023-04-04 McGraner Matt Officer A-Award A Restricted Stock Units 128,041 0.00 128,041
2023-04-04 LAFFER ARTHUR B Director A-Award A Restricted Stock Units 4,274 0.00 4,274
2023-04-04 KAVANAUGH SCOTT F Director A-Award A Restricted Stock Units 4,274 0.00 4,274
2023-04-04 Goetz Matthew Officer A-Award A Restricted Stock Units 54,105 0.00 54,015
2023-04-04 DONDERO JAMES D Director / Officer / 10% Owner A-Award A Restricted Stock Units 133,135 0.00 133,135
2023-04-04 Constantino Edward N. Director A-Award A Restricted Stock Units 4,274 0.00 4,274
2023-02-22 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 1,334 0.00 13,500
2023-02-22 Mitts Brian Director / Officer M-Exempt A Common Stock 5,164 0.00 51,220
2023-02-22 McGraner Matt Officer F-InKind D Common Stock 4,680 18.27 85.5K 123,121
2023-02-22 Goetz Matthew Officer M-Exempt A Common Stock 8,993 0.00 84,048
2023-02-22 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 15,839 0.00 31,679
2023-02-21 Wood Catherine D. Director M-Exempt D Restricted Stock Units 3,116 0.00 0
2023-02-21 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 2,147 0.00 12,871
2023-02-21 Mitts Brian Director / Officer M-Exempt A Common Stock 5,539 0.00 47,876
2023-02-21 McGraner Matt Officer F-InKind D Common Stock 5,110 18.50 94.5K 111,962
2023-02-21 LAFFER ARTHUR B Director M-Exempt D Restricted Stock Units 3,116 0.00 0
2023-02-21 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 3,116 0.00 0
2023-02-21 Goetz Matthew Officer M-Exempt D Restricted Stock Units 10,939 0.00 32,817
2023-02-21 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt D Restricted Stock Units 17,309 0.00 51,926
2023-02-21 Constantino Edward N. Director M-Exempt A Common Stock 3,116 0.00 26,737
2023-01-09 McGraner Matt Officer P-Purchase A Common Stock 5,000 16.81 84.1K 99,763
2023-01-09 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 510 20.25 10.3K 29,810
2022-12-29 Mitts Brian Officer P-Purchase A Common Stock 95 15.95 1.5K 95
2022-12-23 NEXPOINT DIVERSIFIED REAL ESTATE TRUST Director I Class B OP Units 4,869,081 0.00
2022-12-23 DONDERO JAMES D Officer M-Exempt D Class B OP Units 2,100,000 0.00 4,869,081
2022-10-07 Sauter Dennis Charles Jr Officer P-Purchase A Common Stock 6,500 15.43 100.3K 10,724
2022-10-07 Goetz Matthew Officer P-Purchase A Common Stock 4,900 15.56 76.2K 67,507
2022-10-06 Mitts Brian Officer P-Purchase A Common Stock 1,667 15.08 25.1K 42,337
2022-10-06 McGraner Matt Officer P-Purchase A Common Stock 10,000 15.15 151.5K 94,763
2022-10-06 Goetz Matthew Officer P-Purchase A Common Stock 100 14.85 1.5K 62,607
2022-10-05 McGraner Matt Officer P-Purchase A Common Stock 10,000 15.44 154.4K 84,763
2022-09-26 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 4,463 23.50 104.9K 29,300
2022-09-23 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 734 23.70 17.4K 18,974
2022-09-22 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 154 23.77 3.7K 18,240
2022-09-21 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 29 23.70 687.30 18,086
2022-09-20 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 70 23.75 1.7K 18,057
2022-09-19 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 78 23.75 1.9K 17,987
2022-09-16 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 172 23.85 4.1K 17,909
2022-09-15 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 211 23.83 5.0K 17,737
2022-09-14 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 515 23.90 12.3K 17,526
2022-09-06 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 2,550 23.80 60.7K 17,011
2022-09-01 DONDERO JAMES D Director / Officer / 10% Owner P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 1,637 23.80 39.0K 13,211
2022-08-30 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 413 23.80 9.8K 11,574
2022-08-08 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 4,590 23.95 109.9K 11,161
2022-08-04 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 410 24.00 9.8K 6,571
2022-08-02 Swain Carol Director 0 0.00 0
2022-07-06 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 1,132 24.80 28.1K 6,161
2022-06-16 DONDERO JAMES D Officer P-Purchase A 8.50% Series A Cumulative Redeemable Preferred Stock 5,029 24.64 123.9K 5,029
2022-05-08 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 1,445 0.00 4,224
2022-05-08 Mitts Brian Officer M-Exempt D Restricted Stock Units 5,780 0.00 11,560
2022-05-08 McGraner Matt Officer F-InKind D Common Stock 6,760 24.02 162.4K 74,763
2022-05-08 Goetz Matthew Officer M-Exempt D Restricted Stock Units 11,922 0.00 23,843
2022-05-08 DONDERO JAMES D Officer M-Exempt D Restricted Stock Units 17,558 0.00 35,115
2022-02-22 Wood Catherine D Director M-Exempt A Common Stock 2,958 0.00 9,190
2022-02-22 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 1,334 0.00 2,779
2022-02-22 Mitts Brian Director / Officer M-Exempt D Restricted Stock Units 5,164 0.00 15,490
2022-02-22 McGraner Matt Officer M-Exempt A Common Stock 15,839 0.00 62,250
2022-02-22 LAFFER ARTHUR B Director M-Exempt D Restricted Stock Units 2,958 0.00 0
2022-02-22 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 2,958 0.00 0
2022-02-22 Goetz Matthew Officer M-Exempt D Restricted Stock Units 8,993 0.00 26,979
2022-02-22 DONDERO JAMES D Director / Officer / 10% Owner M-Exempt A Common Stock 15,839 0.00 33,397
2022-02-22 Constantino Edward N. Director M-Exempt A Common Stock 2,958 0.00 23,621
2022-02-21 Wood Catherine D Director A-Award A Restricted Stock Units 3,116 0.00 3,116
2022-02-21 Sauter Dennis Charles Jr Officer A-Award A Restricted Stock Units 8,585 0.00 8,585
2022-02-21 Mitts Brian Director / Officer A-Award A Restricted Stock Units 22,155 0.00 22,155
2022-02-21 McGraner Matt Officer A-Award A Restricted Stock Units 69,235 0.00 69,235
2022-02-21 LAFFER ARTHUR B Director A-Award A Restricted Stock Units 3,116 0.00 3,116
2022-02-21 KAVANAUGH SCOTT F Director A-Award A Restricted Stock Units 3,116 0.00 3,116
2022-02-21 Goetz Matthew Officer A-Award A Restricted Stock Units 43,756 0.00 43,756
2022-02-21 DONDERO JAMES D Director / Officer / 10% Owner A-Award A Restricted Stock Units 69,235 0.00 69,235
2022-02-21 Constantino Edward N. Director A-Award A Restricted Stock Units 3,116 0.00 3,116
2022-01-07 DONDERO JAMES D Director / Officer / 10% Owner D-Return D Class C OP Units 276,946 0.00 0
2021-12-16 DONDERO JAMES D Director / Officer / 10% Owner G-Gift D Class C OP Units 395,034 0.00 0
2021-09-08 McGraner Matt Officer J-Other A Class C OP Units 126,975 0.00 126,975
2021-09-08 DONDERO JAMES D Director / Officer / 10% Owner J-Other A Class B OP Units 3,247,510 0.00 3,247,510
2021-06-24 Sauter Dennis Charles Jr Officer M-Exempt A Common Stock 1,445 0.00 1,445
2021-06-24 Mitts Brian Director / Officer F-InKind D Common Stock 2,402 20.73 49.8K 31,394
2021-06-24 McGraner Matt Officer F-InKind D Common Stock 6,748 20.73 139.9K 46,411
2021-06-24 Goetz Matthew Officer F-InKind D Common Stock 3,544 20.73 73.5K 44,930
2021-06-24 DONDERO JAMES D Director / Officer M-Exempt A Common Stock 17,558 0.00 17,558
2021-05-08 LAFFER ARTHUR B Director M-Exempt D Restricted Stock Units 4,913 0.00 0
2021-05-08 KAVANAUGH SCOTT F Director M-Exempt D Restricted Stock Units 4,913 0.00 0
2021-05-08 Constantino Edward N. Director M-Exempt D Restricted Stock Units 4,913 0.00 0

Executive team

Top executives
EBIT / Employee
165.91M
Shares Outstanding
18.69M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 James Dondero President 2.16M 2.16M 100.00%
2 2025 Matt McGraner Chief Investment Officer and Executive VP 2.16M 2.16M 100.00%
3 2025 Paul Richards Chief Financial Officer, Executive VP- Finance, Assistant Secretary and Treasurer 885.3K 885.3K 100.00%
4 2024 James Dondero President 2.25M 2.25M 100.00%
5 2024 Matt McGraner Chief Investment Officer and Executive VP 2.25M 2.25M 100.00%
6 2024 Brian Mitts Former Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer 488.7K 488.7K 100.00%
7 2023 James Dondero President 2.02M 2.02M 100.00%
8 2023 Matt McGraner Chief Investment Officer and Executive VP 1.94M 1.94M 100.00%
9 2023 Matthew Goetz Former Senior VP — Investments and Asset Management 1.46M 1.46M 100.00%
10 2023 Brian Mitts Former Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer 414.1K 414.1K 100.00%
11 2023 Brian Mitts Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer 414.1K 414.1K 100.00%
12 2022 Matt McGraner Chief Investment Officer and Executive VP 1.41M 1.41M 100.00%
13 2022 James Dondero President 1.41M 1.41M 100.00%
14 2022 Matthew Goetz Former Senior VP — Investments and Asset Management 888.2K 888.2K 100.00%
15 2022 Matthew Goetz Former Senior VP-Investments and Asset Management 888.2K 888.2K 100.00%
16 2022 Matthew Goetz Senior VP-Investments and Asset Management 888.2K 888.2K 100.00%
17 2022 Brian Mitts Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer 335.4K 335.4K 100.00%
18 2021 James Dondero President 1.23M 1.23M 100.00%
19 2021 Matt McGraner Chief Investment Officer and Executive VP 1.23M 1.23M 100.00%
20 2021 Matthew Goetz Former Senior VP-Investments and Asset Management 697.5K 697.5K 100.00%
21 2021 Matthew Goetz Senior VP-Investments and Asset Management 697.5K 697.5K 100.00%
22 2020 Matt McGraner Chief Investment Officer and Executive VP 1.16M 1.16M 100.00%
23 2020 James Dondero President and Chairman 1.15M 1.15M 100.00%
24 2020 James Dondero President 850.5K 850.5K 100.00%
25 2020 Matthew Goetz Senior VP-Investments and Asset Management 577.6K 577.6K 100.00%
CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-20 DEFA14A
2026-04-20 DEF 14A
2026-04-08 PRE 14A
2025-04-02 DEFA14A
2025-04-02 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-30 8-K
2026-04-30 8-K
2026-04-20 DEFA14A
2026-04-20 DEF 14A
2026-04-20 ARS
2026-04-08 PRE 14A
2026-04-06 4
2026-04-06 4
2026-04-06 4
2026-04-06 4

Executive team

NameTitleCompensationGender
Dennis Charles Sauter Jr. General Counsel & Secretary male
James David Dondero Chairman, President & Chief Executive Officer male
Kristen Thomas Director of Investor Relations
Matthew Ryan McGraner Executive Vice President & Chief Investment Officer male
Paul Richards Executive VP of Finance, CFO, Assistant Secretary & Treasurer male
Will Mabry Chief Accounting Officer male
ESG Rating
B
REIT - MORTGAGE
2025
E (Environmental)
98.4 / 72.2
Company / Sector avg.
S (Social)
50.0 / 79.0
Company / Sector avg.
G (Governance)
50.0 / 75.2
Company / Sector avg.
ESG Total
66.1 / 75.4
Company / Sector avg.
ESG Score History REIT - MORTGAGE
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits