NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives Consensus Rating of “Reduce” from Analysts

NexPoint Residential Trust, Inc. (NYSE:NXRT) has earned an average recommendation of “Reduce” from the eight research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $40.1250.

NXRT has been the subject of a number of research reports. Truist Financial reduced their price target on shares of NexPoint Residential Trust from $34.00 to $31.00 and set a “hold” rating for the company in a report on Monday, November 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NexPoint Residential Trust in a research report on Wednesday, October 8th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, Zacks Research lowered NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 20th.

NexPoint Residential Trust Stock Performance

Shares of NYSE NXRT opened at $28.94 on Friday. NexPoint Residential Trust has a 12 month low of $27.69 and a 12 month high of $43.13. The company has a market cap of $733.84 million, a P/E ratio of -15.07 and a beta of 1.17. The business’s 50 day moving average is $30.49 and its two-hundred day moving average is $32.03. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.55.

NexPoint Residential Trust (NYSE:NXRT) last announced 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. NexPoint Residential Trust had a negative net margin of 19.23% and a negative return on equity of 13.32%. The business had revenue of $62.83 million for the quarter, compared to the consensus estimate of $63.04 million. NexPoint Residential Trust has set its FY 2025 guidance at 2.750-2.750 EPS. On average, equities analysts expect that NexPoint Residential Trust will post 2.86 EPS for the current year.

NexPoint Residential Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, December 15th. This is a positive change 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 7.3%. NexPoint Residential Trust’s dividend payout ratio is currently -110.42%.

Insiders Place Their Bets

In other NexPoint Residential Trust news, Director Brian Mitts sold 8,452 shares of the business’s stock in a transaction 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 sale, the director owned 52,448 shares of the company’s stock, valued at $1,471,166.40. The trade was a 13.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 37,748 shares of company stock worth $1,090,618 in the last 90 days. 15.36% of the stock is owned by insiders.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in NXRT. Smartleaf Asset Management LLC increased its stake in NexPoint Residential Trust by 205.0% in the third quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 576 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of NexPoint Residential Trust in the 2nd quarter valued at approximately $47,000. Quantbot Technologies LP bought a new stake in shares of NexPoint Residential Trust in the 1st quarter valued at approximately $56,000. Versant Capital Management Inc grew its stake in shares of NexPoint Residential Trust by 334.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,937 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 1,491 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of NexPoint Residential Trust by 121.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after buying an additional 1,455 shares in the last quarter. 76.61% of the stock is 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.