NexPoint Residential Trust (NYSE:NXRT) Cut to “Sell” at Wall Street Zen

NexPoint Residential Trust (NYSE:NXRT) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.

Several other research analysts have also recently commented on the stock. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. 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. Raymond James Financial restated an “underperform” rating on shares of NexPoint Residential Trust in a research report on Friday, February 27th. Truist Financial decreased their target price 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. Finally, Zacks Research cut shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Sell” and a consensus target price of $27.00.

NexPoint Residential Trust Price Performance

NYSE NXRT opened at $29.03 on Friday. NexPoint Residential Trust has a 52 week low of $23.79 and a 52 week high of $35.22. 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 stock has a market cap of $740.05 million, a price-to-earnings ratio of -22.86 and a beta of 1.20. The company has a 50-day moving average price of $27.14 and a two-hundred day moving average price of $28.84.

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

Insider Buying and Selling

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

Institutional Trading of NexPoint Residential Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flax Pond Capital LLC acquired a new stake in NexPoint Residential Trust during the first quarter valued at approximately $4,047,000. Bank of America Corp DE raised its holdings in shares of 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 valued at $2,005,000 after acquiring an additional 1,346 shares during the period. Royal Bank of Canada increased its stake in NexPoint Residential Trust by 4.3% in the 1st quarter. Royal Bank of Canada now owns 49,239 shares of the financial services provider’s stock valued at $1,231,000 after buying an additional 2,013 shares during the period. Sei Investments Co. increased its stake in NexPoint Residential Trust by 2.7% in the 1st quarter. Sei Investments Co. now owns 46,558 shares of the financial services provider’s stock valued at $1,167,000 after buying an additional 1,242 shares during the period. Finally, Cetera Investment Advisers increased its stake in NexPoint Residential Trust by 5.6% in the 1st quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider’s stock valued at $234,000 after buying an additional 498 shares during the period. 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.