NexPoint Residential Trust (NYSE:NXRT) Share Price Breaks Below 50-Day Moving Average – Should You Sell?

NexPoint Residential Trust, Inc. (NYSE:NXRT) crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $22.38 and traded as low as $19.03. NexPoint Residential Trust shares last traded at $19.27, with a volume of 536,354 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have commented on NXRT shares. Deutsche Bank Aktiengesellschaft set a $23.00 target price on shares of NexPoint Residential Trust in a report on Wednesday, September 9th. Weiss Ratings downgraded shares of NexPoint Residential Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Citizens Jmp restated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Finally, Zacks Research cut NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Four analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $20.50.

NexPoint Residential Trust Trading Down 0.9%

The stock has a 50 day moving average of $22.38 and a 200-day moving average of $25.66. The company has a market capitalization of $492.35 million, a P/E ratio of -14.49, a P/E/G ratio of 0.50 and a beta of 1.18. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 6.41.

NexPoint Residential Trust (NYSE:NXRT) last released its 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. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. The company had revenue of $64.61 million for the quarter, compared to analysts’ expectations of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, research analysts predict that NexPoint Residential Trust, Inc. will post 2.24 EPS for the current year.

NexPoint Residential Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 11.0%. The ex-dividend date was Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is presently -159.40%.

Insider Buying and Selling at NexPoint Residential Trust

In other NexPoint Residential Trust news, insider Matt Mcgraner acquired 5,500 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was purchased at an average price of $18.42 per share, with a total value of $101,310.00. Following the completion of the purchase, the insider directly owned 361,605 shares in the company, valued at approximately $6,660,764.10. The trade was a 1.54% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 16.63% of the stock is currently owned by company insiders.

Institutional Trading of NexPoint Residential Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in NXRT. Bank of New York Mellon Corp bought a new position in shares of NexPoint Residential Trust during the second quarter worth $4,002,000. Paralel Advisors LLC purchased a new position in NexPoint Residential Trust during the second quarter valued at $2,013,000. Legal & General Group Plc purchased a new position in NexPoint Residential Trust during the second quarter valued at $1,311,000. Public Employees Retirement System of Ohio purchased a new position in NexPoint Residential Trust during the second quarter valued at $998,000. Finally, Bank of America Corp DE bought a new stake in NexPoint Residential Trust in the 2nd quarter valued at $1,591,000. Institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Company Profile

NexPoint Residential Trust, Inc (NYSE:NXRT) is a real estate investment trust focused on acquiring, owning and operating multifamily apartment communities in the United States. The company primarily targets properties in the Southeastern and Southwestern regions, with an emphasis on markets that offer population growth, employment expansion and favorable housing demand.

NexPoint Residential Trust’s portfolio generally consists of Class A and Class B apartment communities. Its business strategy includes renovating and repositioning properties to improve their appeal, operating performance and long-term value.