NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $22.99 and last traded at $23.03, with a volume of 25013 shares trading hands. The stock had previously closed at $23.29.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on NXRT shares. Zacks Research downgraded shares of NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $23.00 price objective on shares of NexPoint Residential Trust in a research note on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a report on Friday, July 31st. Citizens Jmp restated 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. Four investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $24.50.
Get Our Latest Report on NexPoint Residential Trust
NexPoint Residential Trust Price Performance
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $64.61 million during 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. Sell-side analysts forecast that NexPoint Residential Trust, Inc. will post 2.35 earnings per share 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 paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Tuesday, September 15th. NexPoint Residential Trust’s dividend payout ratio is -159.40%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada grew its position in shares of NexPoint Residential Trust by 5.7% in the 1st quarter. Royal Bank of Canada now owns 54,612 shares of the financial services provider’s stock worth $2,159,000 after buying an additional 2,942 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in NexPoint Residential Trust in the first quarter valued at $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NexPoint Residential Trust by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 573 shares during the period. Millennium Management LLC raised its holdings in NexPoint Residential Trust by 15.6% in the 1st quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider’s stock worth $12,993,000 after purchasing an additional 44,391 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of NexPoint Residential Trust by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,034 shares of the financial services provider’s stock worth $5,219,000 after purchasing an additional 7,217 shares during the period. Institutional investors own 76.61% of the company’s stock.
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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