NexPoint Residential Trust (NYSE:NXRT) Releases Earnings Results, Beats Expectations By $0.03 EPS

NexPoint Residential Trust (NYSE:NXRTGet Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.03, FiscalAI reports. NexPoint Residential Trust had a negative net margin of 12.67% and a negative return on equity of 10.30%. The firm had revenue of $64.61 million during the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust updated its FY 2026 guidance to 2.450-2.450 EPS.

NexPoint Residential Trust Price Performance

NexPoint Residential Trust stock opened at $25.97 on Tuesday. The company’s 50 day simple moving average is $27.70 and its 200-day simple moving average is $27.94. 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 has a 1 year low of $23.79 and a 1 year high of $34.87. The company has a market capitalization of $661.98 million, a price-to-earnings ratio of -20.45 and a beta of 1.18.

NexPoint Residential Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is -166.93%.

Wall Street Analysts Forecast Growth

NXRT has been the topic of several recent analyst reports. Truist Financial decreased their target price on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a report on Tuesday, June 30th. Weiss Ratings restated a “sell (d+)” rating on shares of NexPoint Residential Trust in a report on Friday. Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a report on Monday, July 20th. Finally, Zacks Research upgraded NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.00.

View Our Latest Stock Report on NXRT

Hedge Funds Weigh In On NexPoint Residential Trust

A number of hedge funds have recently made changes to their positions in the stock. Federation des caisses Desjardins du Quebec increased its holdings in NexPoint Residential Trust by 27.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 386 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in NexPoint Residential Trust by 121.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 1,455 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in NexPoint Residential Trust during the fourth quarter worth $118,000. Strs Ohio purchased a new position in shares of NexPoint Residential Trust during the first quarter worth $158,000. Finally, Van ECK Associates Corp boosted its position in shares of NexPoint Residential Trust by 10.8% during the third quarter. Van ECK Associates Corp now owns 5,472 shares of the financial services provider’s stock worth $176,000 after buying an additional 535 shares during the period. Hedge funds and other institutional investors own 76.61% of the company’s stock.

About NexPoint Residential Trust

(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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Earnings History for NexPoint Residential Trust (NYSE:NXRT)

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