Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the six brokerages that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $22.00.
NXRT has been the subject of several research analyst reports. Citizens Jmp reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a research note on Monday, July 20th. Zacks Research downgraded NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NexPoint Residential Trust in a research report on Friday, July 31st. Finally, Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th.
Check Out Our Latest Stock Report on NXRT
NexPoint Residential Trust Trading Down 0.3%
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, beating analysts’ consensus estimates of ($0.37) by $0.03. The company had revenue of $64.61 million during 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 research analysts forecast 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. Investors of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is presently -159.40%.
Hedge Funds Weigh In On NexPoint Residential Trust
Large investors have recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec grew its holdings 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 period. PNC Financial Services Group Inc. raised its position in NexPoint Residential Trust by 29.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 397 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in NexPoint Residential Trust by 4.9% in the second quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock valued at $285,000 after acquiring an additional 402 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in NexPoint Residential Trust by 0.8% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider’s stock valued at $1,617,000 after acquiring an additional 421 shares during the period. Finally, Cetera Investment Advisers boosted its position in NexPoint Residential Trust by 5.6% in the 1st quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 498 shares in the last quarter. 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.
Further Reading
- Five stocks we like better than NexPoint Residential Trust
- AI Token Costs Are Changing the Hardware vs. Software Debate
- 3 ETFs That Could Move as Rate Expectations Shift
- 3 Stocks With September Catalysts Investors Shouldn’t Ignore
- Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
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.
