NexPoint Residential Trust (NYSE:NXRT) Rating Increased to Hold at Wall Street Zen

NexPoint Residential Trust (NYSE:NXRT) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

NXRT has been the subject of several other reports. Raymond James Financial reissued an “underperform” rating on shares of NexPoint Residential Trust in a report on Friday, February 27th. Truist Financial reduced their price target on shares of NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings upgraded shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research downgraded shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. Two analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Sell” and an average target price of $27.00.

NexPoint Residential Trust Stock Up 0.8%

NexPoint Residential Trust stock opened at $29.75 on Friday. NexPoint Residential Trust has a fifty-two week low of $23.79 and a fifty-two week high of $35.22. The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.40 and a current ratio of 2.40. The company has a market capitalization of $758.20 million, a P/E ratio of -23.42 and a beta of 1.20. The stock has a 50-day simple moving average of $26.78 and a 200-day simple moving average of $28.89.

NexPoint Residential Trust (NYSE:NXRT) last posted its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.10. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.The business had revenue of $63.54 million during the quarter, compared to the consensus estimate of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Equities research analysts expect that NexPoint Residential Trust will post 2.2 earnings per share for the current year.

Insider Activity at NexPoint Residential Trust

In other NexPoint Residential Trust news, insider Paul Richards purchased 1,500 shares of NexPoint Residential Trust stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $24.81 per share, with a total value of $37,215.00. Following the acquisition, the insider directly owned 30,359 shares of the company’s stock, valued at $753,206.79. This represents a 5.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Matt Mcgraner purchased 2,000 shares of NexPoint Residential Trust stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $24.37 per share, with a total value of $48,740.00. Following the completion of the acquisition, the insider directly owned 331,334 shares in the company, valued at approximately $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 8,700 shares of company stock valued at $223,777 over the last three months. Insiders own 16.63% of the company’s stock.

Hedge Funds Weigh In On NexPoint Residential Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in NexPoint Residential Trust by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after purchasing an additional 70,310 shares during the last quarter. State Street Corp raised its holdings in NexPoint Residential Trust by 1.0% during the fourth quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock worth $39,083,000 after purchasing an additional 12,424 shares during the last quarter. Starwood Capital Group Management L.L.C. raised its holdings in NexPoint Residential Trust by 19.1% during the fourth quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock worth $29,782,000 after purchasing an additional 158,750 shares during the last quarter. Long Pond Capital LP raised its holdings in NexPoint Residential Trust by 54.9% during the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock worth $25,370,000 after purchasing an additional 298,781 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in NexPoint Residential Trust by 49.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock worth $24,894,000 after purchasing an additional 272,391 shares during the last quarter. 76.61% of the stock is owned by institutional investors and hedge funds.

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.