NYSE American · Asset Management · USD

Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) Stock Analysis

Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

NRO

$2.86

−$0.02 (−0.69%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NRO Key Statistics

As of Sep 4, 2026

Trading

Open: $2.89
Previous Close: $2.88
Day's Range: 2.86–2.90
52-Week Range: 2.74–3.37
Volume: 93.40K
Beta: 1.10

Valuation

Market Cap: $181.21M
P/E Ratio: 7.94
P/S ratio: 15.32
EPS (ttm): 0.36

Financials (FY)

Revenue (FY): −$4.86M−107.87%
Net Income (FY): −$6.23M−110.25%
Profit margin: −52.68%
Shares Outstanding: 63.36M
1-Year Return: −2.80%

Dividend and dates

Dividend: $0.37+12.16%
Ex-Dividend Date: July 15, 2026
Avg Volume: 277.70K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NRO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+47.57%−35.08%+1.10%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+1.10%
2025	+0.77%
2024	+23.78%
2023	+15.15%
2022	−35.08%
2021	+29.20%
2020	−10.88%
2019	+47.57%
2018	−16.37%
2017	+13.29%
2016 (partial year)	−5.77%

As of September 4, 2026.

NRO Revenue and Earnings by Fiscal Year

FY ends October

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	−$4.86M	−$6.23M	128.2%
2024	$61.71M	$60.78M	98.5%
2023	−$291.56K	−$1.24M	425.2%
2022	−$69.10M	−$70.19M	101.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	−$4.86M	—	—	−$6.23M	128.2%
2024	$61.71M	—	—	$60.78M	98.5%
2023	−$291.56K	—	—	−$1.24M	425.2%
2022	−$69.10M	—	—	−$70.19M	101.6%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

NRO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.37+4.4% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.25	8	—
2025	$0.37	12	+4.4%
2024	$0.35	12	+0.0%
2023	$0.35	12	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.25	8	—
2025	$0.37	12	+4.4%
2024	$0.35	12	+0.0%
2023	$0.35	12	+0.0%
2022	$0.35	12	+0.0%
2021	$0.35	12	−22.5%
2020	$0.46	12	+0.0%
2019	$0.46	12	−9.4%
2018	$0.51	12	+2.9%
2017	$0.49	12	+221.9%
2016	$0.15	4	—

Most recent payment: $0.03 per share, ex-dividend August 17, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NRO Valuation vs Asset Management Median

Median of 561 stocks

Metric	NRO	Asset Management median	vs median
P/E	7.94	10.34	23% below
P/S ratio	15.32	10.42	47% above
Profit margin	−52.68%	24.09%	76.8 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) at $181.21M. The company sits in the Financial Services sector, in the Asset Management industry.

NRO last closed at $2.86 on September 4, 2026. That is −$0.02 (−0.69%) against the previous close. Over the past 52 weeks the price has ranged from $2.74 to $3.37. The latest close sits 4.38% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of −$4.86M. Against the prior fiscal year total of $61.71M, that is a change of −107.87%. The same year closed with a net loss of $6.23M. Profit margin runs at −52.68%. That is 76.8 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 0.36.

Across the 4 fiscal years on file, revenue moves from −$69.10M in 2022 to −$4.86M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 7.94 times earnings. That is 23.21% below the Asset Management median of 10.34. Measured against sales, the shares trade at 15.32 times revenue. On price-to-sales that is 47.03% above the Asset Management median of 10.42. The medians here are taken across 561 Asset Management companies that report the metric.

Over the trailing twelve months the price has returned −2.80%. Across 10 years the annualized return works out at +3.66%. Beta against the wider market is reported at 1.1. Annualized volatility over the trailing 10 years is 26.4%.

Growth & Income

NRO pays a dividend yielding 12.16%. That is 4.1 percentage points above the Asset Management median yield of 8.11%. The indicated annual rate is $0.37 a share. The ex-dividend date on file is July 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.25 a share. The year before, 2025, totalled $0.37 a share.

So far in 2026 the price is +1.10%. Across the complete calendar years on file, 2019 returned +47.57% and 2022 returned −35.08%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc.	NRO	$181.21M	7.9
BlackRock, Inc.	BLK	$182.35B	26.9
Blackstone Inc.	BX	$162.74B	30.5
KKR & Co. Inc.	KKR	$99.50B	34.4

The Asset Management industry average P/E ratio is 10.3x. Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. trades at a P/E of 7.9.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc.

Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts. The fund invests in growth stocks of companies operating across all market capitalizations. It employs a fundamental analysis including direct real estate analysis, on-site real estate analysis, and frequent meetings with company management to make its investments. The fund benchmarks the performance of its portfolio against the NAREIT Equity Index and S&P 500 Index. Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. was formed on October 28, 2003 and is domiciled in the United States.