Analysts Set NexPoint Residential Trust, Inc. (NYSE:NXRT) PT at $27.00

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have been assigned a consensus recommendation of “Reduce” from the five research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $27.00.

NXRT has been the topic of a number of research reports. Citigroup reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. Raymond James Financial reaffirmed an “underperform” rating on shares of NexPoint Residential Trust in a research report on Friday, February 27th. Wall Street Zen lowered shares of NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Sunday, May 31st. Weiss Ratings raised shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Finally, Zacks Research raised shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th.

NexPoint Residential Trust Stock Down 1.3%

Shares of NYSE NXRT opened at $27.37 on Friday. The company has a debt-to-equity ratio of 5.75, a current ratio of 2.40 and a quick ratio of 2.40. The company has a market cap of $697.74 million, a P/E ratio of -21.55 and a beta of 1.19. NexPoint Residential Trust has a 1 year low of $23.79 and a 1 year high of $35.08. The firm has a 50-day simple moving average of $28.27 and a two-hundred day simple moving average of $28.38.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.10. The business had revenue of $63.54 million during the quarter, compared to the consensus estimate of $63.20 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 2.570-2.570 EPS. Research analysts anticipate that NexPoint Residential Trust will post 2.16 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 7.7%. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of NexPoint Residential Trust by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after acquiring an additional 70,310 shares during the period. State Street Corp increased its position in shares of NexPoint Residential Trust by 1.0% during the fourth quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock worth $39,083,000 after acquiring an additional 12,424 shares during the period. Starwood Capital Group Management L.L.C. increased its holdings in NexPoint Residential Trust by 19.1% during the fourth quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock valued at $29,782,000 after buying an additional 158,750 shares during the period. Long Pond Capital LP increased its holdings in NexPoint Residential Trust by 54.9% during the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock valued at $25,370,000 after buying an additional 298,781 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in NexPoint Residential Trust by 49.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock valued at $24,894,000 after buying an additional 272,391 shares during the period. 76.61% of the stock is owned by hedge funds and other 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.