NexPoint Residential Trust (NYSE:NXRT) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

NexPoint Residential Trust, Inc. (NYSE:NXRT) crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $21.47 and traded as low as $18.10. NexPoint Residential Trust shares last traded at $19.0840, with a volume of 431,780 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft set a $23.00 price target on NexPoint Residential Trust in a report on Wednesday, September 9th. Truist Financial cut their price target on NexPoint Residential Trust from $26.00 to $18.00 and set a “hold” rating for the company in a report on Tuesday, September 29th. Citizens Jmp reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Finally, Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $20.50.

NexPoint Residential Trust Price Performance

The company has a debt-to-equity ratio of 6.41, a current ratio of 1.92 and a quick ratio of 1.92. The stock’s 50 day simple moving average is $21.47 and its two-hundred day simple moving average is $25.35. The stock has a market cap of $487.60 million, a price-to-earnings ratio of -14.35, a P/E/G ratio of 0.47 and a beta of 1.18.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.03. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. The firm had revenue of $64.61 million for the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, analysts forecast that NexPoint Residential Trust, Inc. will post 2.24 earnings per share for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 11.1%. The ex-dividend date was Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is -159.40%.

Insiders Place Their Bets

In other NexPoint Residential Trust news, insider Matt Mcgraner bought 5,500 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were acquired at an average price of $18.42 per share, with a total value of $101,310.00. Following the completion of the purchase, the insider directly owned 361,605 shares in the company, valued at $6,660,764.10. The trade was a 1.54% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 16.63% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NXRT. BlackRock Inc. acquired a new stake in NexPoint Residential Trust during the second quarter valued at approximately $118,748,000. Flax Pond Capital LLC bought a new stake in shares of NexPoint Residential Trust in the 1st quarter valued at approximately $4,047,000. Bank of New York Mellon Corp acquired a new position in shares of NexPoint Residential Trust in the 2nd quarter worth approximately $4,002,000. Paralel Advisors LLC acquired a new position in shares of NexPoint Residential Trust in the 2nd quarter worth approximately $2,013,000. Finally, Bank of America Corp DE acquired a new position in shares of NexPoint Residential Trust in the 2nd quarter worth approximately $1,591,000. Institutional investors own 76.61% of the company’s stock.

About NexPoint Residential Trust

NexPoint Residential Trust, Inc (NYSE: NXRT) is a publicly traded real estate investment trust focused on acquiring, owning, operating and selectively renovating multifamily apartment communities. The company generally targets value-add properties, seeking to improve their operating performance and resident appeal through renovations, property management initiatives and other capital improvements.

NexPoint Residential Trust’s portfolio is concentrated primarily in the Southeastern and Southwestern United States.