NexPoint Residential Trust, Inc. (NYSE:NXRT) Given Average Rating of “Reduce” by Brokerages

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have earned a consensus rating of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $39.8750.

A number of research analysts recently commented on NXRT shares. Weiss Ratings reiterated a “sell (d)” rating on shares of NexPoint Residential Trust in a report on Wednesday, October 8th. Truist Financial reduced their target price on NexPoint Residential Trust from $31.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday. Zacks Research upgraded NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Finally, Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd.

Insider Activity

In other news, Director Brian Mitts sold 8,452 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $28.05, for a total value of $237,078.60. Following the transaction, the director directly owned 52,448 shares in the company, valued at approximately $1,471,166.40. This represents a 13.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 37,748 shares of company stock valued at $1,090,618. 15.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in NXRT. Strs Ohio increased its position in shares of NexPoint Residential Trust by 877.5% during the second quarter. Strs Ohio now owns 39,100 shares of the financial services provider’s stock worth $1,303,000 after acquiring an additional 35,100 shares during the period. Public Employees Retirement System of Ohio grew its stake in NexPoint Residential Trust by 7.3% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 33,320 shares of the financial services provider’s stock worth $1,110,000 after purchasing an additional 2,256 shares in the last quarter. CSM Advisors LLC acquired a new position in NexPoint Residential Trust during the 2nd quarter worth $4,937,000. Y Intercept Hong Kong Ltd purchased a new stake in NexPoint Residential Trust during the 2nd quarter worth about $462,000. Finally, Ameritas Advisory Services LLC acquired a new stake in NexPoint Residential Trust in the 2nd quarter valued at about $47,000. Hedge funds and other institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Trading Up 1.8%

Shares of NXRT stock opened at $30.71 on Thursday. The company’s 50-day moving average price is $30.30 and its 200-day moving average price is $31.64. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.55. The stock has a market cap of $778.68 million, a price-to-earnings ratio of -15.99 and a beta of 1.19. NexPoint Residential Trust has a twelve month low of $27.69 and a twelve month high of $43.13.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $62.83 million during the quarter, compared to analysts’ expectations of $63.04 million. NexPoint Residential Trust had a negative net margin of 19.23% and a negative return on equity of 13.32%. NexPoint Residential Trust has set its FY 2025 guidance at 2.750-2.750 EPS. As a group, equities analysts predict that NexPoint Residential Trust will post 2.86 earnings per share for the current year.

NexPoint Residential Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were given a dividend of $0.53 per share. This is a boost from NexPoint Residential Trust’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date was Monday, December 15th. NexPoint Residential Trust’s dividend payout ratio (DPR) is -110.42%.

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.