NexPoint Residential Trust (NYSE:NXRT) Sets New 12-Month Low - Here's What Happened

Key Points

• NexPoint Residential Trust shares hit a new 52-week low, trading as low as $20.66 before closing near $21.02. The stock remains below its 50-day and 200-day moving averages.
• Analyst sentiment is cautious: four analysts rate NXRT as “Hold” and two as “Sell,” producing an average “Reduce” rating and a consensus price target of $24.50.
• The company reported quarterly EPS of negative $0.34, beating expectations, and revenue of $64.61 million. It also declared a $0.53 quarterly dividend, equal to a 10% annualized yield, though its payout ratio is negative.

NexPoint Residential Trust, Inc. (NYSE:NXRT - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $20.66 and last traded at $21.0160, with a volume of 4313507 shares traded. The stock had previously closed at $21.04.

Wall Street Analysts Forecast Growth

NXRT has been the subject of several research reports. Truist Financial decreased their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a "hold" rating for the company in a research report on Tuesday, June 30th. Citizens Jmp restated a "market perform" rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Zacks Research lowered NexPoint Residential Trust from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $23.00 target price on shares of NexPoint Residential Trust in a research note on Wednesday, September 9th. Finally, Wall Street Zen raised shares of NexPoint Residential Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 4th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $24.50.

NexPoint Residential Trust Stock Performance

The company has a market cap of $539.62 million, a P/E ratio of -15.85, a P/E/G ratio of 0.54 and a beta of 1.15. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 6.41. The business has a fifty day simple moving average of $24.67 and a two-hundred day simple moving average of $26.42.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.03. The firm had revenue of $64.61 million during the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, sell-side analysts anticipate that NexPoint Residential Trust, Inc. will post 2.25 EPS for the current year.

NexPoint Residential Trust Announces Dividend

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. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 10.0%. NexPoint Residential Trust's payout ratio is -159.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. UBS Group AG increased its stake in shares of NexPoint Residential Trust by 44.7% in the fourth quarter. UBS Group AG now owns 115,555 shares of the financial services provider's stock worth $3,478,000 after purchasing an additional 35,683 shares in the last quarter. Paralel Advisors LLC purchased a new position in shares of NexPoint Residential Trust during the 2nd quarter valued at $2,013,000. Bank of New York Mellon Corp bought a new position in NexPoint Residential Trust in the 2nd quarter worth $4,002,000. Marnell Management LLC purchased a new stake in NexPoint Residential Trust in the 4th quarter worth $5,220,000. Finally, Flax Pond Capital LLC purchased a new stake in NexPoint Residential Trust in the 1st quarter worth $4,047,000. 76.61% of the stock is currently owned by institutional investors.

NexPoint Residential Trust Company Profile

NexPoint Residential Trust, Inc is a real estate investment trust (REIT) that owns and operates multifamily apartment communities in the United States. The company focuses primarily on workforce housing and value-add properties, seeking to improve communities through renovations, property management initiatives and other capital improvements.

NexPoint Residential Trust's portfolio has historically been concentrated in the Sun Belt, including markets across the southeastern and southwestern United States.

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