NexPoint Residential Trust (NYSE:NXRT) Issues FY 2025 Earnings Guidance

Key Points

• NexPoint Residential Trust has issued earnings guidance for FY 2025, projecting an EPS of 2.750 which exceeds the consensus estimate of 2.587.
• The company recently announced a quarterly dividend of $0.51 per share, reflecting a 6.18% dividend yield, despite having a payout ratio of -159.38%.
• Analyst ratings for NexPoint Residential Trust include a consensus rating of "Hold" with a target price around $43.58, indicating some skepticism about future performance.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.750-2.750 for the period, compared to the consensus EPS estimate of 2.587. The company issued revenue guidance of -.

NexPoint Residential Trust Stock Down 1.1%

Shares of NXRT stock traded down $0.34 on Friday, hitting $30.84. The stock had a trading volume of 256,275 shares, compared to its average volume of 147,068. The firm has a market capitalization of $779.64 million, a price-to-earnings ratio of -15.73, a P/E/G ratio of 1.96 and a beta of 1.06. The stock's 50 day moving average is $33.71 and its 200-day moving average is $36.63. The company has a debt-to-equity ratio of 4.22, a quick ratio of 2.65 and a current ratio of 1.89. NexPoint Residential Trust has a 52-week low of $29.98 and a 52-week high of $48.37.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.01). The company had revenue of $63.10 million during the quarter, compared to analyst estimates of $63.32 million. NexPoint Residential Trust had a negative net margin of 19.55% and a negative return on equity of 12.54%. As a group, research analysts expect that NexPoint Residential Trust will post 2.86 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Monday, September 15th. NexPoint Residential Trust's dividend payout ratio (DPR) is -104.08%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on NXRT shares. Citizens Jmp cut shares of NexPoint Residential Trust from an "outperform" rating to a "market perform" rating in a report on Monday, May 19th. JMP Securities reiterated a "market perform" rating on shares of NexPoint Residential Trust in a research report on Monday, May 19th. Truist Financial decreased their target price on shares of NexPoint Residential Trust from $42.00 to $38.00 and set a "hold" rating for the company in a research report on Thursday, May 29th. Compass Point reiterated a "neutral" rating and issued a $42.50 target price (down from $50.00) on shares of NexPoint Residential Trust in a report on Tuesday, May 13th. Finally, Raymond James Financial downgraded shares of NexPoint Residential Trust from an "outperform" rating to a "market perform" rating in a report on Thursday, May 15th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $43.58.

Insiders Place Their Bets

In other news, insider Paul Richards acquired 5,000 shares of the stock in a transaction on Wednesday, June 25th. The shares were purchased at an average price of $32.92 per share, for a total transaction of $164,600.00. Following the transaction, the insider directly owned 24,689 shares of the company's stock, valued at approximately $812,761.88. This represents a 25.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 15.36% of the company's stock.

Institutional Trading of NexPoint Residential Trust

Several institutional investors have recently modified their holdings of NXRT. Strs Ohio bought a new stake in shares of NexPoint Residential Trust during the first quarter valued at approximately $158,000. Jane Street Group LLC purchased a new position in shares of NexPoint Residential Trust during the 1st quarter valued at $3,410,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in NexPoint Residential Trust by 5.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,034 shares of the financial services provider's stock worth $5,219,000 after purchasing an additional 7,217 shares in the last quarter. Millennium Management LLC increased its stake in NexPoint Residential Trust by 15.6% in the 1st quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider's stock worth $12,993,000 after acquiring an additional 44,391 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NexPoint Residential Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider's stock worth $525,000 after acquiring an additional 573 shares during the last quarter. Institutional investors own 76.61% of the company's stock.

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.