NexPoint Residential Trust (NYSE:NXRT) Sets New 1-Year Low – Here’s What Happened

NexPoint Residential Trust, Inc. (NYSE:NXRT)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $22.99 and last traded at $23.03, with a volume of 25013 shares traded. The stock had previously closed at $23.29.

Analysts Set New Price Targets

Several research firms have issued reports on NXRT. Truist Financial dropped their price objective on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a research note on Tuesday, June 30th. Citizens Jmp reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research report on Friday, July 31st. Four analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $22.00.

NexPoint Residential Trust Stock Down 3.3%

The firm’s 50-day simple moving average is $25.64 and its 200 day simple moving average is $26.81. The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market cap of $575.23 million, a P/E ratio of -16.95 and a beta of 1.15.

NexPoint Residential Trust (NYSE:NXRT) last issued its earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.03. The firm had revenue of $64.61 million for the quarter, compared to analysts’ expectations 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, research analysts forecast that NexPoint Residential Trust, Inc. will post 2.38 earnings per share for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Tuesday, September 15th. NexPoint Residential Trust’s dividend payout ratio is presently -159.40%.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec raised its position in shares of 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 purchasing an additional 386 shares during the period. PNC Financial Services Group Inc. increased its stake in NexPoint Residential Trust by 29.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 397 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in NexPoint Residential Trust by 4.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock worth $285,000 after buying an additional 402 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in NexPoint Residential Trust by 0.8% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider’s stock worth $1,617,000 after buying an additional 421 shares during the period. Finally, Cetera Investment Advisers lifted its stake in NexPoint Residential Trust by 5.6% in the first quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider’s stock valued at $234,000 after buying an additional 498 shares in the last quarter. 76.61% of the stock is owned by institutional investors.

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.