Analysts Set NexPoint Residential Trust, Inc. (NYSE:NXRT) Target Price at $26.00

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have earned a consensus rating of “Reduce” from the five ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $22.00.

NXRT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of NexPoint Residential Trust in a research report on Monday. Truist Financial decreased their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a research report on Tuesday, June 30th. Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its stake in shares of NexPoint Residential Trust by 29.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after buying an additional 397 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in 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 acquiring an additional 386 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of NexPoint Residential Trust by 121.1% in 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 during the last quarter. IFM Investors Pty Ltd bought a new stake in shares of NexPoint Residential Trust in the 1st quarter worth about $90,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of NexPoint Residential Trust in the 4th quarter worth about $96,000. 76.61% of the stock is owned by institutional investors and hedge funds.

NexPoint Residential Trust Trading Down 0.3%

Shares of NXRT opened at $26.06 on Thursday. NexPoint Residential Trust has a twelve month low of $23.79 and a twelve month high of $35.08. The firm has a market capitalization of $664.17 million, a P/E ratio of -20.52 and a beta of 1.18. 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’s fifty day simple moving average is $28.13 and its 200 day simple moving average is $28.17.

NexPoint Residential Trust (NYSE:NXRT) last issued its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.10. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.The business 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. On average, equities research analysts forecast that NexPoint Residential Trust will post 2.16 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.53 per share. The ex-dividend date was Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 8.1%. NexPoint Residential Trust’s payout ratio is currently -166.93%.

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.