Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) have been given a consensus rating of “Hold” by the five brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $22.00.
A number of analysts recently issued reports on NXRT shares. Zacks Research raised NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Truist Financial lowered their price target 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 reaffirmed a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of NexPoint Residential Trust in a research report on Monday, July 20th.
Get Our Latest Research Report on NXRT
Hedge Funds Weigh In On NexPoint Residential Trust
NexPoint Residential Trust Stock Down 1.3%
NXRT stock opened at $24.57 on Monday. The stock has a market cap of $627.89 million, a P/E ratio of -18.48 and a beta of 1.18. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 6.41. The stock’s fifty day simple moving average is $26.95 and its two-hundred day simple moving average is $27.58. NexPoint Residential Trust has a 1-year low of $23.79 and a 1-year high of $34.87.
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $64.61 million for the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Analysts expect that NexPoint Residential Trust will post 2.36 EPS for the current year.
NexPoint Residential Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 8.6%. NexPoint Residential Trust’s dividend payout ratio (DPR) is -159.40%.
NexPoint Residential Trust Company Profile
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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