NexPoint Residential Trust (NYSE:NXRT) Hits New 52-Week Low - What's Next?

Key Points

• NexPoint Residential Trust shares hit a new 52-week low at $23.76 and last traded near $23.83, below the $24.50 previous close.
• Analyst sentiment is mixed, with one Strong Buy, two Hold, and two Sell ratings; the consensus rating is Hold with an average price target of $22.00.
• The company reported quarterly revenue of $64.61 million and an adjusted EPS loss of $0.34, while maintaining a quarterly dividend of $0.53 per share, representing an annualized yield of approximately 8.9%.

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $23.76 and last traded at $23.83, with a volume of 88434 shares traded. The stock had previously closed at $24.50.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NXRT. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a report on Monday, July 20th. Weiss Ratings restated a "sell (d+)" rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Truist Financial lowered their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a "hold" rating on the stock in a research report on Tuesday, June 30th. Zacks Research upgraded NexPoint Residential Trust from a "hold" rating to a "strong-buy" rating in a report on Monday, July 27th. Finally, Wall Street Zen upgraded NexPoint Residential Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $22.00.

NexPoint Residential Trust Stock Performance

The company has a 50 day moving average price of $26.95 and a 200-day moving average price of $27.56. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 6.41. The company has a market cap of $607.58 million, a P/E ratio of -17.88 and a beta of 1.18.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) last issued its earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.37) by $0.03. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.The business had revenue of $64.61 million during the quarter, compared to analysts' expectations of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, equities analysts expect that NexPoint Residential Trust, Inc. will post 2.36 earnings per share for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Tuesday, September 15th. NexPoint Residential Trust's payout ratio is presently -159.40%.

Institutional Investors Weigh In On NexPoint Residential Trust

Hedge funds have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec increased 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 during the last quarter. PNC Financial Services Group Inc. raised its stake in 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 in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of NexPoint Residential Trust by 4.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider's stock worth $285,000 after acquiring an additional 402 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in NexPoint Residential Trust by 0.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider's stock valued at $1,617,000 after buying an additional 421 shares during the period. Finally, Cetera Investment Advisers lifted its position in NexPoint Residential Trust by 5.6% during the 1st quarter. Cetera Investment Advisers now owns 9,378 shares of the financial services provider's stock valued at $234,000 after acquiring an additional 498 shares during the period. Institutional investors and hedge funds 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.

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