Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) reached a new 52-week low on Monday . The company traded as low as $23.20 and last traded at $23.19, with a volume of 11604 shares changing hands. The stock had previously closed at $23.50.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on NXRT. Citizens Jmp restated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Zacks Research downgraded shares of NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Truist Financial decreased their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a report on Tuesday, June 30th. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price target on NexPoint Residential Trust in a research report on Monday, July 20th. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $22.00.
Read Our Latest Research 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) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.03. The company had revenue of $64.61 million for the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, equities analysts predict that NexPoint Residential Trust, Inc. will post 2.38 EPS for the current year.
NexPoint Residential Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 9.1%. NexPoint Residential Trust’s payout ratio is -159.40%.
Institutional Trading of NexPoint Residential Trust
Hedge funds have recently modified their holdings of the company. UBS Group AG grew its position in NexPoint Residential Trust by 44.7% during the 4th quarter. UBS Group AG now owns 115,555 shares of the financial services provider’s stock worth $3,478,000 after purchasing an additional 35,683 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of NexPoint Residential Trust by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after buying an additional 70,310 shares during the last quarter. Paralel Advisors LLC acquired a new stake in shares of NexPoint Residential Trust during the second quarter worth $2,013,000. Strs Ohio lifted its stake in shares of NexPoint Residential Trust by 24.1% during the fourth quarter. Strs Ohio now owns 146,900 shares of the financial services provider’s stock worth $4,422,000 after buying an additional 28,500 shares during the period. Finally, Marnell Management LLC purchased a new stake in shares of NexPoint Residential Trust during the fourth quarter valued at $5,220,000. 76.61% of the stock is owned by hedge funds and other institutional investors.
About NexPoint Residential Trust
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.
Further Reading
- Five stocks we like better than NexPoint Residential Trust
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for NexPoint Residential Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Residential Trust and related companies with MarketBeat.com's FREE daily email newsletter.
