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

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have been assigned a consensus rating of “Reduce” from the five analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $27.00.

NXRT has been the subject of several research analyst reports. Truist Financial reduced their target price on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. 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. Wall Street Zen cut NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research note on Sunday, May 31st. Finally, Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Tuesday, March 10th.

NexPoint Residential Trust Stock Performance

NexPoint Residential Trust stock opened at $26.52 on Friday. The stock has a market cap of $676.05 million, a P/E ratio of -20.88 and a beta of 1.19. 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 50 day moving average of $28.14 and a 200-day moving average of $28.50. NexPoint Residential Trust has a 52 week low of $23.79 and a 52 week high of $35.08.

NexPoint Residential Trust (NYSE:NXRT) last released its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.10. The company had revenue of $63.54 million during the quarter, compared to analysts’ expectations 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. On average, analysts expect that NexPoint Residential Trust will post 2.16 EPS for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 8.0%. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

Hedge Funds Weigh In On NexPoint Residential Trust

Large investors have recently added to or reduced their stakes in the company. Flax Pond Capital LLC bought a new stake in NexPoint Residential Trust in the first quarter valued at $4,047,000. Bank of America Corp DE lifted its stake in NexPoint Residential Trust by 1.7% in 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 buying an additional 1,346 shares during the last quarter. Royal Bank of Canada lifted its stake in NexPoint Residential Trust by 4.3% in the first 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 last quarter. Sei Investments Co. lifted its stake in NexPoint Residential Trust by 2.7% in the first 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 last quarter. Finally, Cetera Investment Advisers lifted its stake in NexPoint Residential Trust by 5.6% in the first 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 last quarter. 76.61% of the stock is currently owned by institutional investors.

NexPoint Residential Trust Company Profile

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.