NexPoint Residential Trust (NXRT) Projected to Post Quarterly Earnings on Tuesday

NexPoint Residential Trust (NYSE:NXRT) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $63.29 million for the quarter.

NexPoint Residential Trust Price Performance

NYSE:NXRT opened at $36.01 on Tuesday. The stock has a market cap of $919.48 million, a PE ratio of 20.58, a P/E/G ratio of 2.34 and a beta of 1.18. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 3.25. The business’s 50-day simple moving average is $38.40 and its two-hundred day simple moving average is $41.19. NexPoint Residential Trust has a 52 week low of $30.98 and a 52 week high of $48.37.

NexPoint Residential Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.04 dividend on an annualized basis and a yield of 5.67%. NexPoint Residential Trust’s dividend payout ratio is presently -20,400.00%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NXRT shares. Truist Financial boosted their target price on shares of NexPoint Residential Trust from $41.00 to $42.00 and gave the stock a “hold” rating in a report on Monday, March 10th. StockNews.com lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Saturday, March 1st. Raymond James decreased their target price on NexPoint Residential Trust from $50.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday, March 20th. Finally, Jefferies Financial Group lifted their price objective on NexPoint Residential Trust from $41.00 to $43.00 and gave the stock a “hold” rating in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, NexPoint Residential Trust currently has a consensus rating of “Hold” and an average target price of $46.33.

Insider Activity

In other NexPoint Residential Trust news, insider Paul Richards purchased 5,814 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The stock was purchased at an average cost of $33.24 per share, with a total value of $193,257.36. Following the purchase, the insider now owns 18,493 shares of the company’s stock, valued at approximately $614,707.32. The trade was a 45.86 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.96% of the company’s stock.

About NexPoint Residential Trust

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol “NXRT,” primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with “value-add” potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States.