Analysts Set NexPoint Residential Trust, Inc. (NYSE:NXRT) PT at $39.88

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have earned an average recommendation of “Reduce” from the eight ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $39.8750.

Several equities analysts have weighed in on NXRT shares. Truist Financial lowered their price objective on shares of NexPoint Residential Trust from $31.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of NexPoint Residential Trust in a research note on Thursday.

Insider Activity at NexPoint Residential Trust

In related news, Director Brian Mitts sold 8,452 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $28.05, for a total transaction of $237,078.60. Following the transaction, the director directly owned 52,448 shares of the company’s stock, valued at approximately $1,471,166.40. The trade was a 13.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 37,748 shares of company stock worth $1,090,618 in the last ninety days. Company insiders own 15.36% of the company’s stock.

Institutional Investors Weigh In On NexPoint Residential Trust

A number of institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC increased its stake in shares of NexPoint Residential Trust by 205.0% in the third quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 576 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in NexPoint Residential Trust in the second quarter valued at about $47,000. Versant Capital Management Inc increased its position in NexPoint Residential Trust by 334.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,937 shares of the financial services provider’s stock worth $62,000 after purchasing an additional 1,491 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of NexPoint Residential Trust by 121.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 1,455 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of NexPoint Residential Trust by 206.3% during the 3rd quarter. CWM LLC now owns 3,648 shares of the financial services provider’s stock valued at $118,000 after buying an additional 2,457 shares during the last quarter. Institutional investors and hedge funds own 76.61% of the company’s stock.

NexPoint Residential Trust Price Performance

NYSE NXRT opened at $30.53 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.55. NexPoint Residential Trust has a 1 year low of $27.69 and a 1 year high of $43.13. The company has a market cap of $774.19 million, a PE ratio of -15.90 and a beta of 1.19. The stock’s 50-day moving average price is $30.26 and its two-hundred day moving average price is $31.60.

NexPoint Residential Trust (NYSE:NXRT) last released its earnings results on Tuesday, October 28th. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $62.83 million for the quarter, compared to the consensus estimate of $63.04 million. NexPoint Residential Trust had a negative net margin of 19.23% and a negative return on equity of 13.32%. NexPoint Residential Trust has set its FY 2025 guidance at 2.750-2.750 EPS. On average, analysts predict that NexPoint Residential Trust will post 2.86 EPS for the current year.

NexPoint Residential Trust Increases Dividend

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

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.