NexPoint Residential Trust’s (NXRT) “Market Perform” Rating Reiterated at Citizens Jmp

Citizens Jmp reissued their market perform rating on shares of NexPoint Residential Trust (NYSE:NXRT) in a report released on Thursday,Benzinga reports.

Several other research analysts also recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of NexPoint Residential Trust in a report on Friday, July 31st. Truist Financial decreased their price target on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a report on Tuesday, June 30th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $22.00.

NexPoint Residential Trust Stock Up 1.0%

Shares of NexPoint Residential Trust stock opened at $24.44 on Thursday. The stock has a market capitalization of $624.44 million, a P/E ratio of -18.38 and a beta of 1.18. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 6.41. The stock has a 50 day moving average price of $26.49 and a two-hundred day moving average price of $27.37. NexPoint Residential Trust has a 12-month low of $23.47 and a 12-month high of $34.87.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.03. The company had revenue of $64.61 million for the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Equities analysts expect that NexPoint Residential Trust will post 2.38 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.7%. NexPoint Residential Trust’s dividend payout ratio (DPR) is currently -159.40%.

Institutional Trading of NexPoint Residential Trust

Several institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of NexPoint Residential Trust in the second quarter valued at $118,748,000. Long Pond Capital LP lifted its position in NexPoint Residential Trust by 54.9% in the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock worth $25,370,000 after purchasing an additional 298,781 shares during the period. Goldman Sachs Group Inc. boosted its stake in NexPoint Residential Trust by 49.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock worth $24,894,000 after buying an additional 272,391 shares in the last quarter. Marnell Management LLC acquired a new stake in NexPoint Residential Trust during the fourth quarter worth $5,220,000. Finally, Flax Pond Capital LLC acquired a new stake in NexPoint Residential Trust during the first quarter worth $4,047,000. Institutional investors and hedge funds own 76.61% of the company’s stock.

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.