NexPoint Residential Trust (NXRT) Expected to Announce Earnings on Tuesday

NexPoint Residential Trust (NYSE:NXRT) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect NexPoint Residential Trust to post earnings of $0.80 per share and revenue of $64.14 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

NexPoint Residential Trust Trading Down 0.8 %

Shares of NYSE:NXRT opened at $38.80 on Monday. The stock has a market capitalization of $985.52 million, a price-to-earnings ratio of 22.17, a PEG ratio of 2.34 and a beta of 1.42. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.79 and a current ratio of 1.79. The stock’s 50-day simple moving average is $40.20 and its two-hundred day simple moving average is $43.24. NexPoint Residential Trust has a 52-week low of $28.20 and a 52-week high of $48.37.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, NexPoint Residential Trust currently has an average rating of “Moderate Buy” and a consensus price target of $49.00.

NexPoint Residential Trust Company Profile

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.