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

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have earned a consensus recommendation of “Reduce” from the eight ratings firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $39.8750.

NXRT has been the topic of several recent analyst reports. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Zacks Research upgraded NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Truist Financial cut their target price on NexPoint Residential Trust from $31.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of NexPoint Residential Trust in a report on Wednesday, October 8th.

NexPoint Residential Trust Stock Up 1.8%

Shares of NexPoint Residential Trust stock opened at $30.71 on Thursday. 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 has a 52-week low of $27.69 and a 52-week high of $43.13. The company has a market capitalization of $778.68 million, a P/E ratio of -15.99 and a beta of 1.19. The company has a 50 day moving average of $30.30 and a 200 day moving average of $31.64.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.80 EPS for the quarter, beating analysts’ consensus estimates 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 company 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. As a group, research analysts forecast that NexPoint Residential Trust will post 2.86 EPS for the current fiscal year.

NexPoint Residential Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Monday, December 15th. This is a positive change from NexPoint Residential Trust’s previous quarterly dividend of $0.51. NexPoint Residential Trust’s dividend payout ratio (DPR) is currently -110.42%.

Insider Activity at NexPoint Residential Trust

In related news, Director Brian Mitts sold 24,296 shares of NexPoint Residential Trust stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $28.85, for a total transaction of $700,939.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last quarter, insiders have sold 37,748 shares of company stock valued at $1,090,618. Company insiders own 15.36% of the company’s stock.

Hedge Funds Weigh In On NexPoint Residential Trust

Several hedge funds have recently made changes to their positions in NXRT. Geode Capital Management LLC increased its position in shares of NexPoint Residential Trust by 0.4% during the second quarter. Geode Capital Management LLC now owns 581,094 shares of the financial services provider’s stock worth $19,363,000 after purchasing an additional 2,277 shares in the last quarter. Invesco Ltd. grew its stake in NexPoint Residential Trust by 17.3% during the 2nd quarter. Invesco Ltd. now owns 387,299 shares of the financial services provider’s stock worth $12,905,000 after buying an additional 57,014 shares during the last quarter. Millennium Management LLC increased its position in NexPoint Residential Trust by 15.6% during the first 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. DigitalBridge Group Inc. acquired a new position in NexPoint Residential Trust during the third quarter worth approximately $7,443,000. Finally, ProShare Advisors LLC lifted its stake in NexPoint Residential Trust by 2.5% in the third quarter. ProShare Advisors LLC now owns 183,557 shares of the financial services provider’s stock valued at $5,914,000 after buying an additional 4,411 shares during the last quarter. Hedge funds and other institutional investors own 76.61% of the company’s stock.

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.