NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) has been given a consensus rating of “Hold” by the five ratings firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $22.00.
NXRT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a research report on Monday, July 20th. Truist Financial lowered their price target 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. Zacks Research raised shares of NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NexPoint Residential Trust in a report on Friday, July 31st. Finally, 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.
Read Our Latest Analysis on NXRT
NexPoint Residential Trust Trading Up 0.5%
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.03. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.The business had revenue of $64.61 million for the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Sell-side analysts anticipate that NexPoint Residential Trust will post 2.36 earnings per share for the current year.
NexPoint Residential Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.5%. NexPoint Residential Trust’s payout ratio is presently -159.40%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Allworth Financial LP purchased a new position in NexPoint Residential Trust during the second quarter valued at $33,000. PNC Financial Services Group Inc. boosted its holdings in NexPoint Residential Trust by 29.9% in the 1st 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 during the last quarter. Federation des caisses Desjardins du Quebec grew its position in NexPoint Residential Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 386 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of NexPoint Residential Trust by 121.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 1,455 shares during the period. Finally, IFM Investors Pty Ltd purchased a new position in NexPoint Residential Trust during the first quarter worth about $90,000. 76.61% of the stock is currently 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.
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