NexPoint Residential Trust (NYSE:NXRT) Shares Cross Below 50 Day Moving Average – Here’s Why

NexPoint Residential Trust, Inc. (NYSE:NXRT)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $28.03 and traded as low as $26.03. NexPoint Residential Trust shares last traded at $26.1090, with a volume of 175,775 shares.

Wall Street Analysts Forecast Growth

NXRT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $18.00 price target on NexPoint Residential Trust in a report on Monday. 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. Weiss Ratings upgraded shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Truist Financial cut their price objective on shares of 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. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, NexPoint Residential Trust has an average rating of “Reduce” and a consensus target price of $22.00.

NexPoint Residential Trust Trading Up 0.7%

The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 5.75. The firm has a market capitalization of $665.52 million, a price-to-earnings ratio of -20.56 and a beta of 1.18. The firm’s 50-day moving average is $28.03 and its 200 day moving average is $28.13.

NexPoint Residential Trust (NYSE:NXRT) last posted its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.10. The business had revenue of $63.54 million during the quarter, compared to the consensus estimate of $63.20 million. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. On average, equities analysts predict that NexPoint Residential Trust, Inc. will post 2.36 earnings per share for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.53 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 8.1%. NexPoint Residential Trust’s payout ratio is -166.93%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of NXRT. GAMMA Investing LLC boosted its position in NexPoint Residential Trust by 44.2% in the second quarter. GAMMA Investing LLC now owns 3,550 shares of the financial services provider’s stock worth $99,000 after purchasing an additional 1,088 shares during the last quarter. Versant Capital Management Inc increased its stake in NexPoint Residential Trust by 214.2% in the second quarter. Versant Capital Management Inc now owns 4,389 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 2,992 shares during the last quarter. Flax Pond Capital LLC purchased a new position in shares of NexPoint Residential Trust during the first quarter worth approximately $4,047,000. Bank of America Corp DE boosted its holdings in NexPoint Residential Trust by 1.7% during the 1st quarter. Bank of America Corp DE now owns 80,206 shares of the financial services provider’s stock valued at $2,005,000 after acquiring an additional 1,346 shares during the period. Finally, Royal Bank of Canada increased its position in shares of NexPoint Residential Trust by 4.3% in the first quarter. Royal Bank of Canada now owns 49,239 shares of the financial services provider’s stock valued at $1,231,000 after acquiring an additional 2,013 shares during the period. Hedge funds and other institutional investors own 76.61% of the company’s stock.

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.