NexPoint Residential Trust, Inc. (NXRT) to Issue Quarterly Dividend of $0.53 on September 30th

NexPoint Residential Trust, Inc. (NYSE:NXRT) announced a quarterly dividend on Monday, July 27th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.53 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

NexPoint Residential Trust has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. NexPoint Residential Trust has a payout ratio of -182.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect NexPoint Residential Trust to earn $1.53 per share next year, which means the company may not be able to cover its $2.12 annual dividend with an expected future payout ratio of 138.6%.

NexPoint Residential Trust Price Performance

Shares of NXRT stock opened at $22.85 on Friday. The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. NexPoint Residential Trust has a fifty-two week low of $22.13 and a fifty-two week high of $34.41. The firm has a market cap of $583.82 million, a P/E ratio of -17.18, a P/E/G ratio of 0.59 and a beta of 1.15. The business’s 50 day moving average price is $25.29 and its 200-day moving average price is $26.69.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, topping 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 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 research analysts anticipate that NexPoint Residential Trust will post 2.25 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $23.00 price target on shares of NexPoint Residential Trust in a research note on Wednesday. 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 report on Thursday, August 20th. Truist Financial decreased their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a research report on Tuesday, June 30th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Four analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, NexPoint Residential Trust presently has a consensus rating of “Reduce” and a consensus price target of $24.50.

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.