NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) has received a consensus rating of “Strong Sell” from the five brokerages that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $27.00.
A number of research analysts have recently issued reports on the company. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Raymond James Financial restated an “underperform” rating on shares of NexPoint Residential Trust in a research note on Friday, February 27th. Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Tuesday, March 10th.
Read Our Latest Stock Report on NXRT
NexPoint Residential Trust Trading Down 0.9%
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last released its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.10. The business had revenue of $63.54 million for the quarter, compared to analyst estimates 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. Equities analysts anticipate that NexPoint Residential Trust will post 2.2 EPS for the current year.
NexPoint Residential Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 7.2%. NexPoint Residential Trust’s payout ratio is -166.93%.
Insider Buying and Selling
In other NexPoint Residential Trust news, insider Paul Richards purchased 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were purchased at an average cost of $24.81 per share, for a total transaction of $37,215.00. Following the completion of the purchase, the insider directly owned 30,359 shares in the company, valued at $753,206.79. This represents a 5.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Matt Mcgraner purchased 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of $24.37 per share, for a total transaction of $48,740.00. Following the completion of the purchase, the insider owned 331,334 shares of the company’s stock, valued at approximately $8,074,609.58. This represents a 0.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 8,700 shares of company stock worth $223,777. Company insiders own 16.63% of the company’s stock.
Institutional Trading of NexPoint Residential Trust
A number of institutional investors have recently modified their holdings of the business. Flax Pond Capital LLC purchased a new stake in shares of NexPoint Residential Trust in the first quarter valued at approximately $4,047,000. Bank of America Corp DE boosted its position in NexPoint Residential Trust by 1.7% during the first quarter. Bank of America Corp DE now owns 80,206 shares of the financial services provider’s stock worth $2,005,000 after purchasing an additional 1,346 shares in the last quarter. Royal Bank of Canada boosted its position in NexPoint Residential Trust by 4.3% during the first quarter. Royal Bank of Canada now owns 49,239 shares of the financial services provider’s stock worth $1,231,000 after purchasing an additional 2,013 shares in the last quarter. Sei Investments Co. boosted its position in NexPoint Residential Trust by 2.7% during the first quarter. Sei Investments Co. now owns 46,558 shares of the financial services provider’s stock worth $1,167,000 after purchasing an additional 1,242 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in NexPoint Residential Trust by 5.6% during the first quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 498 shares in the last quarter. 76.61% of the stock is currently owned by hedge funds and other 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.
See Also
- Five stocks we like better than NexPoint Residential Trust
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Receive News & Ratings for NexPoint Residential Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Residential Trust and related companies with MarketBeat.com's FREE daily email newsletter.
