NexPoint Residential Trust (NYSE:NXRT) Updates 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) updated its FY 2025 earnings guidance on Tuesday. 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 -.

Analyst Ratings Changes

Several equities analysts recently issued reports on NXRT shares. Raymond James Financial lowered NexPoint Residential Trust from an "outperform" rating to a "market perform" rating in a research note on Thursday, May 15th. Compass Point reiterated a "neutral" rating and issued a $42.50 price objective (down from $50.00) on shares of NexPoint Residential Trust in a research note on Tuesday, May 13th. Truist Financial lowered their price objective on NexPoint Residential Trust from $42.00 to $38.00 and set a "hold" rating on the stock in a research note on Thursday, May 29th. Citizens Jmp lowered NexPoint Residential Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, May 19th. Finally, JMP Securities reiterated a "market perform" rating on shares of NexPoint Residential Trust in a research note on Monday, May 19th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $43.58.

NexPoint Residential Trust Stock Down 1.1%

Shares of NXRT stock traded down $0.34 on Friday, reaching $30.84. 256,275 shares of the company were exchanged, compared to its average volume of 165,532. The company has a market cap of $782.10 million, a price-to-earnings ratio of -15.73, a PEG ratio of 1.85 and a beta of 1.04. The company has a 50-day moving average of $33.71 and a 200-day moving average of $36.63. The company has a debt-to-equity ratio of 4.22, a current ratio of 1.89 and a quick ratio of 2.65. NexPoint Residential Trust has a one year low of $29.98 and a one year high of $48.37.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) last issued 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 for the quarter, compared to analysts' expectations of $63.32 million. NexPoint Residential Trust had a negative return on equity of 12.54% and a negative net margin of 19.55%. Analysts anticipate that NexPoint Residential Trust will post 2.86 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

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

Insider Activity

In other NexPoint Residential Trust news, insider Paul Richards acquired 5,000 shares of the business's stock in a transaction on Wednesday, June 25th. The shares were acquired at an average price of $32.92 per share, for a total transaction of $164,600.00. Following the completion of the acquisition, the insider owned 24,689 shares in the company, valued at $812,761.88. This trade 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 can be accessed through this hyperlink. Insiders own 15.36% of the company's stock.

Institutional Trading of NexPoint Residential Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Strs Ohio purchased a new position in shares of NexPoint Residential Trust during the 1st quarter worth about $158,000. Jacobs Levy Equity Management Inc. bought a new stake in NexPoint Residential Trust during the 1st quarter valued at about $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in NexPoint Residential Trust by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider's stock valued at $525,000 after buying an additional 573 shares in the last quarter. Royal Bank of Canada lifted its holdings in NexPoint Residential Trust by 5.7% during the 1st quarter. Royal Bank of Canada now owns 54,612 shares of the financial services provider's stock valued at $2,159,000 after buying an additional 2,942 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in NexPoint Residential Trust during the 1st quarter valued at about $3,410,000. 76.61% of the stock is owned by hedge funds and other institutional investors.

About NexPoint Residential Trust

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.