NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives $26.00 Average Target Price from Analysts

NexPoint Residential Trust, Inc. (NYSE:NXRT) has earned a consensus recommendation of “Reduce” from the five brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $26.00.

A number of equities research analysts recently weighed in on NXRT shares. Truist Financial cut their price objective on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, June 30th. Zacks Research upgraded shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Weiss Ratings raised shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th.

NexPoint Residential Trust Stock Performance

Shares of NYSE NXRT opened at $26.60 on Thursday. NexPoint Residential Trust has a 12-month low of $23.79 and a 12-month high of $35.08. The company has a market cap of $678.11 million, a PE ratio of -20.95 and a beta of 1.18. The stock has a 50 day simple moving average of $28.32 and a 200-day simple moving average of $28.26. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 5.75.

NexPoint Residential Trust (NYSE:NXRT) last posted its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.10. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.The firm had revenue of $63.54 million for the quarter, compared to analysts’ expectations of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. On average, equities research analysts forecast that NexPoint Residential Trust will post 2.16 EPS for the current year.

NexPoint Residential Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 8.0%. NexPoint Residential Trust’s payout ratio is presently -166.93%.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec boosted its position 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 valued at $54,000 after purchasing an additional 386 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in NexPoint Residential Trust by 29.9% in 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 purchasing an additional 397 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in NexPoint Residential Trust by 4.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock worth $285,000 after purchasing an additional 402 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in NexPoint Residential Trust by 0.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider’s stock worth $1,617,000 after purchasing an additional 421 shares during the last quarter. Finally, Aberdeen Group plc raised its stake in shares of NexPoint Residential Trust by 6.5% during the 4th quarter. Aberdeen Group plc now owns 8,055 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 493 shares in the last quarter. 76.61% of the stock is owned by institutional investors.

About NexPoint Residential Trust

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.