NYSE:NXRT

NexPoint Residential Trust (NXRT) Stock Price, News & Analysis

$34.85
+0.58 (+1.69%)
(As of 05/3/2024 ET)
Today's Range
$34.51
$35.38
50-Day Range
$28.27
$34.85
52-Week Range
$26.21
$49.87
Volume
177,014 shs
Average Volume
127,681 shs
Market Capitalization
$898.08 million
P/E Ratio
12.31
Dividend Yield
5.31%
Price Target
$37.25

NexPoint Residential Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
6.9% Upside
$37.25 Price Target
Short Interest
Healthy
1.91% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.51
Upright™ Environmental Score
News Sentiment
1.11mentions of NexPoint Residential Trust in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-7.50%
From $2.80 to $2.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Finance Sector

2007th out of 5,270 stocks

Real Estate Investment Trusts Industry

397th out of 1,086 stocks

NXRT stock logo

About NexPoint Residential Trust Stock (NYSE:NXRT)

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

NXRT Stock Price History

NXRT Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
NexPoint Residential Trust Inc.
NexPoint Residential Trust Inc
NXRT Apr 2024 30.000 put
Nexpoint Residential Trust Inc (NXRT)
NexPoint Residential Q4 FFO Rises
See More Headlines
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Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
5/04/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Previous Symbol
NASDAQ:NXRT
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.25
High Stock Price Target
$40.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+6.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$44.26 million
Pretax Margin
27.03%

Debt

Sales & Book Value

Annual Sales
$277.53 million
Cash Flow
$5.73 per share
Book Value
$19.90 per share

Miscellaneous

Free Float
22,435,000
Market Cap
$898.08 million
Optionable
Optionable
Beta
1.25
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NXRT Stock Analysis - Frequently Asked Questions

Should I buy or sell NexPoint Residential Trust stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NXRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NXRT, but not buy additional shares or sell existing shares.
View NXRT analyst ratings
or view top-rated stocks.

What is NexPoint Residential Trust's stock price target for 2024?

5 Wall Street analysts have issued 12 month target prices for NexPoint Residential Trust's shares. Their NXRT share price targets range from $35.00 to $40.00. On average, they predict the company's share price to reach $37.25 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for NXRT
or view top-rated stocks among Wall Street analysts.

How have NXRT shares performed in 2024?

NexPoint Residential Trust's stock was trading at $34.43 on January 1st, 2024. Since then, NXRT shares have increased by 1.2% and is now trading at $34.85.
View the best growth stocks for 2024 here
.

When is NexPoint Residential Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our NXRT earnings forecast
.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) posted its earnings results on Tuesday, February, 15th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.49. NexPoint Residential Trust had a trailing twelve-month return on equity of 14.82% and a net margin of 27.02%. During the same period in the previous year, the business posted $0.63 earnings per share.

How often does NexPoint Residential Trust pay dividends? What is the dividend yield for NexPoint Residential Trust?

NexPoint Residential Trust announced a quarterly dividend on Tuesday, April 30th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.4624 per share on Friday, June 28th. This represents a $1.85 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend is Friday, June 14th. This is a boost from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for NXRT
.

Is NexPoint Residential Trust a good dividend stock?

NexPoint Residential Trust (NYSE:NXRT) pays an annual dividend of $1.85 per share and currently has a dividend yield of 5.40%. NXRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 65.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NXRT will have a dividend payout ratio of 71.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NXRT.

What guidance has NexPoint Residential Trust issued on next quarter's earnings?

NexPoint Residential Trust issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 2.600-2.850 for the period, compared to the consensus EPS estimate of 2.680. The company issued revenue guidance of -.

What other stocks do shareholders of NexPoint Residential Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Enterprise Products Partners (EPD), Intel (INTC), Vistra (VST), Verizon Communications (VZ), Accenture (ACN), Bank of America (BAC) and Chevron (CVX).

Who are NexPoint Residential Trust's major shareholders?

NexPoint Residential Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.49%), Graybill Wealth Management LTD. (0.26%), Narwhal Capital Management (0.24%), Pasadena Private Wealth LLC (0.20%), New York State Teachers Retirement System (0.17%) and BNP Paribas Financial Markets (0.12%). Insiders that own company stock include Brian Mitts, Dennis Charles Sauter Jr, James D Dondero and Nicolas Sokolow.
View institutional ownership trends
.

How do I buy shares of NexPoint Residential Trust?

Shares of NXRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NXRT) was last updated on 5/4/2024 by MarketBeat.com Staff

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