NexPoint Residential Trust (NYSE:NXRT) Rating Lowered to “Strong Sell” at Zacks Research

NexPoint Residential Trust (NYSE:NXRT) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

NXRT has been the topic of a number of other research reports. Truist Financial lowered their price target on shares of NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Weiss Ratings raised shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. Wall Street Zen raised shares of NexPoint Residential Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Raymond James Financial reaffirmed an “underperform” rating on shares of NexPoint Residential Trust in a report on Friday, February 27th. Finally, Citigroup reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Four investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, NexPoint Residential Trust currently has a consensus rating of “Reduce” and an average target price of $34.75.

NexPoint Residential Trust Price Performance

NexPoint Residential Trust stock opened at $29.85 on Wednesday. NexPoint Residential Trust has a 52 week low of $23.79 and a 52 week high of $38.30. The company’s 50 day moving average price is $26.46 and its two-hundred day moving average price is $29.01. 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 market cap of $760.91 million, a P/E ratio of -23.50 and a beta of 1.20.

NexPoint Residential Trust (NYSE:NXRT) last posted its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.10. NexPoint Residential Trust had a negative net margin of 12.67% and a negative return on equity of 10.30%. The firm had revenue of $63.54 million for 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 analysts predict that NexPoint Residential Trust will post 2.2 earnings per share for the current year.

Insiders Place Their Bets

In other NexPoint Residential Trust news, insider Paul Richards bought 1,500 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $24.81 per share, with a total value of $37,215.00. Following the acquisition, the insider directly owned 30,359 shares of the company’s stock, valued at $753,206.79. The trade was a 5.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Matt Mcgraner bought 2,000 shares of the stock in a transaction on Friday, March 20th. The shares were acquired at an average cost of $24.37 per share, for a total transaction of $48,740.00. Following the acquisition, the insider directly owned 331,334 shares in the company, valued at approximately $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 8,700 shares of company stock worth $223,777 in the last three months. Insiders own 16.63% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in shares of NexPoint Residential Trust by 205.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 576 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its position in shares of 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 valued at $54,000 after purchasing an additional 386 shares in the last quarter. Versant Capital Management Inc grew its position in shares of NexPoint Residential Trust by 334.3% during the 3rd quarter. Versant Capital Management Inc now owns 1,937 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 1,491 shares in the last quarter. Tower Research Capital LLC TRC grew its position 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 valued at $88,000 after purchasing an additional 1,455 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of NexPoint Residential Trust during the 4th quarter valued at $96,000. 76.61% of the stock is currently 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.