Brokerages Set NexPoint Residential Trust, Inc. (NYSE:NXRT) Target Price at $27.00

NexPoint Residential Trust, Inc. (NYSE:NXRTGet Free Report) has been given an average recommendation of “Strong Sell” by the five analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $27.00.

Several brokerages have issued reports on NXRT. Weiss Ratings raised NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Truist Financial dropped their price objective on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Wall Street Zen lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a report on Sunday. Citigroup reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Finally, Zacks Research lowered NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th.

Check Out Our Latest Research Report on NexPoint Residential Trust

NexPoint Residential Trust Stock Performance

Shares of NXRT stock opened at $28.59 on Wednesday. The stock’s 50-day moving average is $27.22 and its two-hundred day moving average is $28.80. The firm has a market cap of $728.76 million, a price-to-earnings ratio of -22.51 and a beta of 1.19. NexPoint Residential Trust has a 1 year low of $23.79 and a 1 year high of $35.22. The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.40 and a current ratio of 2.40.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.10. The company had revenue of $63.54 million for the quarter, compared to analyst estimates of $63.20 million. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Analysts predict that NexPoint Residential Trust will post 2.2 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th. NexPoint Residential Trust’s payout ratio is currently -166.93%.

Insider Buying and Selling

In other NexPoint Residential Trust news, insider Paul Richards acquired 1,500 shares of the stock in a transaction on Thursday, March 19th. The shares were bought at an average price of $24.81 per share, with a total value of $37,215.00. Following the acquisition, the insider owned 30,359 shares of the company’s stock, valued at $753,206.79. This trade represents a 5.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Matt Mcgraner acquired 2,000 shares of the stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $24.37 per share, for a total transaction of $48,740.00. Following the acquisition, the insider directly owned 331,334 shares in the company, valued at $8,074,609.58. This represents a 0.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 8,700 shares of company stock worth $223,777 in the last ninety days. 16.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NexPoint Residential Trust

A number of institutional investors have recently added to or reduced their stakes in the business. Flax Pond Capital LLC purchased a new stake in NexPoint Residential Trust in the 1st quarter valued at approximately $4,047,000. Bank of America Corp DE boosted its holdings in NexPoint Residential Trust by 1.7% in the 1st quarter. Bank of America Corp DE now owns 80,206 shares of the financial services provider’s stock valued at $2,005,000 after purchasing an additional 1,346 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of NexPoint Residential Trust by 4.3% during the 1st quarter. Royal Bank of Canada now owns 49,239 shares of the financial services provider’s stock worth $1,231,000 after acquiring an additional 2,013 shares in the last quarter. Sei Investments Co. boosted its stake in shares of NexPoint Residential Trust by 2.7% during the 1st quarter. Sei Investments Co. now owns 46,558 shares of the financial services provider’s stock worth $1,167,000 after acquiring an additional 1,242 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of NexPoint Residential Trust by 5.6% during the 1st quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 498 shares in the last quarter. Hedge funds and other institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Company Profile

(Get Free Report)

NexPoint Residential Trust is a real estate investment trust focused on the acquisition, leasing and management of single‐family rental homes across the United States. The company targets suburban and Sun Belt markets with favorable demographic trends, seeking to build a diversified portfolio of standalone residences that serve the growing demand for quality rental housing. By concentrating on professionally managed homes rather than multi‐family apartments, NexPoint Residential Trust aims to offer tenants the benefits of privacy and space, while generating predictable rental income for investors.

The firm’s investment strategy combines direct acquisitions of built single‐family homes with selective joint ventures and partnerships to optimize scale and geographic diversification.

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Analyst Recommendations for NexPoint Residential Trust (NYSE:NXRT)

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