NexPoint Residential Trust (NYSE:NXRT) Sets New 1-Year Low – Time to Sell?

NexPoint Residential Trust, Inc. (NYSE:NXRT)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.35 and last traded at $25.5390, with a volume of 101757 shares. The stock had previously closed at $26.01.

Analysts Set New Price Targets

NXRT has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of NexPoint Residential Trust in a report on Thursday, January 22nd. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. Wall Street Zen lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Raymond James Financial reaffirmed an “underperform” rating on shares of NexPoint Residential Trust in a research note on Friday, February 27th. Finally, Zacks Research raised shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Five research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, NexPoint Residential Trust presently has a consensus rating of “Reduce” and a consensus price target of $37.83.

NexPoint Residential Trust Stock Performance

The stock has a market capitalization of $646.43 million, a PE ratio of -19.96 and a beta of 1.19. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 5.27. The stock has a fifty day moving average of $29.43 and a 200-day moving average of $30.58.

NexPoint Residential Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.3%. NexPoint Residential Trust’s dividend payout ratio (DPR) is currently -166.93%.

Insiders Place Their Bets

In other news, insider Paul Richards bought 2,000 shares of NexPoint Residential Trust stock in a transaction dated Monday, March 9th. The stock was bought at an average price of $26.34 per share, for a total transaction of $52,680.00. Following the purchase, the insider owned 28,186 shares of the company’s stock, valued at approximately $742,419.24. The trade was a 7.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Brian Mitts sold 24,296 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $28.85, for a total value of $700,939.60. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 5,000 shares of company stock worth $133,000. 15.36% of the stock is owned by insiders.

Institutional Investors Weigh In On NexPoint Residential Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Smartleaf Asset Management LLC raised its holdings in shares of NexPoint Residential Trust by 205.0% in the third quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 576 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its stake in NexPoint Residential Trust by 27.4% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 386 shares during the last quarter. Versant Capital Management Inc increased its position in NexPoint Residential Trust by 334.3% during the 3rd quarter. Versant Capital Management Inc now owns 1,937 shares of the financial services provider’s stock worth $62,000 after purchasing an additional 1,491 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of NexPoint Residential Trust by 121.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock valued at $88,000 after acquiring an additional 1,455 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new position in NexPoint Residential Trust in the fourth quarter valued at about $96,000. 76.61% of the stock is currently 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.