NexPoint Residential Trust (NYSE:NXRT) Earns “Market Perform” Rating from Citizens Jmp

NexPoint Residential Trust (NYSE:NXRT)‘s stock had its “market perform” rating reaffirmed by stock analysts at Citizens Jmp in a research note issued to investors on Thursday,Benzinga reports.

A number of other analysts have also weighed in on NXRT. Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Zacks Research raised shares of NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Truist Financial dropped their price target 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. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of NexPoint Residential Trust in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $22.00.

NexPoint Residential Trust Price Performance

Shares of NYSE NXRT traded down $0.04 during midday trading on Thursday, hitting $24.02. 46,092 shares of the company’s stock were exchanged, compared to its average volume of 227,114. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 6.41. The business’s fifty day moving average price is $26.65 and its two-hundred day moving average price is $27.44. The company has a market cap of $613.61 million, a price-to-earnings ratio of -18.06 and a beta of 1.18. NexPoint Residential Trust has a 12-month low of $23.47 and a 12-month high of $34.87.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.03. The firm had revenue of $64.61 million during the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, research analysts forecast that NexPoint Residential Trust will post 2.38 EPS for the current fiscal year.

Hedge Funds Weigh In On NexPoint Residential Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in NexPoint Residential Trust by 5.7% during the first quarter. Royal Bank of Canada now owns 54,612 shares of the financial services provider’s stock valued at $2,159,000 after acquiring an additional 2,942 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of NexPoint Residential Trust in the first quarter worth about $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in NexPoint Residential Trust by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 573 shares in the last quarter. Millennium Management LLC boosted its holdings in NexPoint Residential Trust by 15.6% in the 1st quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider’s stock worth $12,993,000 after buying an additional 44,391 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of NexPoint Residential Trust by 5.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,034 shares of the financial services provider’s stock worth $5,219,000 after purchasing an additional 7,217 shares in the last quarter. 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.