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

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect NexPoint Residential Trust to post earnings of $0.78 per share and revenue of $63.29 million for the quarter.

NexPoint Residential Trust Stock Performance

NYSE:NXRT traded down $0.12 during mid-day trading on Friday, reaching $36.50. The company's stock had a trading volume of 88,182 shares, compared to its average volume of 131,810. NexPoint Residential Trust has a 12-month low of $30.98 and a 12-month high of $48.37. The firm's fifty day moving average price is $38.12 and its two-hundred day moving average price is $41.04. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.25. The stock has a market cap of $931.99 million, a P/E ratio of 20.86, a PEG ratio of 2.34 and a beta of 1.18.

NexPoint Residential Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 5.59%. The ex-dividend date was Friday, March 14th. NexPoint Residential Trust's payout ratio is currently -20,400.00%.

Insider Activity at NexPoint Residential Trust

In other NexPoint Residential Trust news, insider Paul Richards purchased 5,814 shares of the company's stock in a transaction on Monday, April 7th. The stock was acquired at an average cost of $33.24 per share, for a total transaction of $193,257.36. Following the purchase, the insider now directly owns 18,493 shares of the company's stock, valued at $614,707.32. This trade represents a 45.86 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 15.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

NexPoint Residential Trust Company Profile

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.