NexPoint Residential Trust (NYSE:NXRT) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of NexPoint Residential Trust (NYSE:NXRT) from a strong sell rating to a sell rating in a research note released on Saturday.

Other research analysts also recently issued research reports about the stock. Zacks Research upgraded shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Truist Financial dropped their target price 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. Raymond James Financial reiterated an “underperform” rating on shares of NexPoint Residential Trust in a report on Friday, February 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of NexPoint Residential Trust in a report on Tuesday, April 21st. Finally, Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NexPoint Residential Trust presently has an average rating of “Reduce” and an average price target of $34.75.

NexPoint Residential Trust Stock Up 0.1%

NexPoint Residential Trust stock opened at $28.92 on Friday. The company has a market capitalization of $737.17 million, a P/E ratio of -22.77 and a beta of 1.20. The firm’s fifty day simple moving average is $26.44 and its 200-day simple moving average is $29.05. The company has a current ratio of 2.40, a quick ratio of 2.27 and a debt-to-equity ratio of 5.75. NexPoint Residential Trust has a 1-year low of $23.79 and a 1-year high of $38.93.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.10. The business had revenue of $63.54 million for 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. Sell-side analysts forecast that NexPoint Residential Trust will post 2.2 earnings per share for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 7.3%. The ex-dividend date is Monday, June 15th. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

Insider Buying and Selling at NexPoint Residential Trust

In other news, insider Paul Richards bought 2,000 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were purchased at an average price of $26.34 per share, for a total transaction of $52,680.00. Following the acquisition, the insider directly owned 28,186 shares of the company’s stock, valued at $742,419.24. The trade was a 7.64% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Matt Mcgraner bought 2,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price 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 purchased a total of 8,700 shares of company stock worth $223,777 in the last quarter. Insiders own 16.63% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of NexPoint Residential Trust by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after purchasing an additional 70,310 shares during the period. State Street Corp increased its holdings in shares of NexPoint Residential Trust by 1.0% during the 4th quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock worth $39,083,000 after purchasing an additional 12,424 shares during the period. Starwood Capital Group Management L.L.C. increased its holdings in shares of NexPoint Residential Trust by 19.1% during the 4th quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock worth $29,782,000 after purchasing an additional 158,750 shares during the period. Long Pond Capital LP increased its holdings in shares of NexPoint Residential Trust by 54.9% during the 4th quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock worth $25,370,000 after purchasing an additional 298,781 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of NexPoint Residential Trust by 49.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock worth $24,894,000 after purchasing an additional 272,391 shares during the period. Institutional investors own 76.61% of the company’s stock.

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.