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

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have been given a consensus rating of “Reduce” by the five research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $26.00.

A number of brokerages recently commented on NXRT. Weiss Ratings raised shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. Truist Financial cut their price target on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a report on Tuesday, June 30th. Finally, Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th.

NexPoint Residential Trust Trading Down 0.9%

NYSE:NXRT opened at $26.90 on Thursday. NexPoint Residential Trust has a one year low of $23.79 and a one year high of $35.08. 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 firm has a market cap of $685.60 million, a P/E ratio of -21.18 and a beta of 1.18. The firm has a 50-day simple moving average of $28.44 and a 200-day simple moving average of $28.28.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share 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. Equities analysts anticipate that NexPoint Residential Trust will post 2.16 EPS for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 7.9%. The ex-dividend date was Monday, June 15th. NexPoint Residential Trust’s payout ratio is -166.93%.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of large investors have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec grew its stake in shares of NexPoint Residential Trust by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 386 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of NexPoint Residential Trust by 29.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 397 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of NexPoint Residential Trust by 4.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock valued at $285,000 after purchasing an additional 402 shares during the period. CANADA LIFE ASSURANCE Co lifted its stake in shares of NexPoint Residential Trust by 0.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider’s stock valued at $1,617,000 after purchasing an additional 421 shares during the period. Finally, Aberdeen Group plc boosted its holdings in NexPoint Residential Trust by 6.5% during the fourth quarter. Aberdeen Group plc now owns 8,055 shares of the financial services provider’s stock worth $242,000 after buying an additional 493 shares in the last quarter. 76.61% of the stock is currently owned by 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.