NexPoint Residential Trust (NYSE:NXRT) Trading Down 5.8% – Here’s Why

NexPoint Residential Trust, Inc. (NYSE:NXRTGet Free Report)’s stock price traded down 5.8% during trading on Tuesday . The company traded as low as $24.69 and last traded at $24.4160. Approximately 190,283 shares were traded during mid-day trading, a decline of 14% from the average session volume of 221,478 shares. The stock had previously closed at $25.91.

Analyst Ratings Changes

NXRT has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research report on Friday. Zacks Research upgraded NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Deutsche Bank Aktiengesellschaft set a $18.00 price target on NexPoint Residential Trust in a report on Monday, July 20th. Finally, Truist Financial decreased their target price on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, NexPoint Residential Trust presently has an average rating of “Hold” and an average price target of $22.00.

Check Out Our Latest Stock Report on NXRT

NexPoint Residential Trust Stock Performance

The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 5.75. The stock has a fifty day moving average price of $27.70 and a two-hundred day moving average price of $27.94. The company has a market capitalization of $627.31 million, a price-to-earnings ratio of -19.38 and a beta of 1.18.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.03. The company had revenue of $64.61 million for the quarter, compared to analysts’ expectations of $63.78 million. NexPoint Residential Trust had a negative net margin of 12.67% and a negative return on equity of 10.30%. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, analysts forecast that NexPoint Residential Trust, Inc. will post 2.36 EPS for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 8.6%. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its position in shares of NexPoint Residential Trust by 29.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 397 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in NexPoint Residential Trust by 27.4% in the fourth 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. Tower Research Capital LLC TRC lifted its holdings in NexPoint Residential Trust by 121.1% in the second 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 during the period. IFM Investors Pty Ltd acquired a new position in NexPoint Residential Trust during the 1st quarter valued at about $90,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of NexPoint Residential Trust during the 4th quarter worth about $96,000. 76.61% of the stock is currently owned by institutional investors.

About NexPoint Residential Trust

(Get Free Report)

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.

Further Reading

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