NexPoint Residential Trust Company Profile (NASDAQ:NXRT)

About NexPoint Residential Trust (NASDAQ:NXRT)

NexPoint Residential Trust logoNexPoint Residential Trust, Inc. is an externally managed real estate investment trust (REIT). The Company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program. The Company is focused on multifamily investments primarily located in the Southeastern and Southwestern United States. All of the Company's business operations are conducted through NexPoint Residential Trust Operating Partnership, L.P. (OP). The sole limited partner of the OP is the Company. Its subsidiary, NexPoint Residential Trust Operating Partnership GP, LLC, is the sole general partner of the OP. As of December 31, 2016, the Company owned 39 properties representing 12,965 units in eight states, including two Parked Assets. The Company's advisor is NexPoint Real Estate Advisors, L.P.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NASDAQ:NXRT
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: $519.34 million
  • Outstanding Shares: 21,043,000
Average Prices:
  • 50 Day Moving Avg: $24.83
  • 200 Day Moving Avg: $22.99
  • 52 Week Range: $13.73 - $25.82
P/E:
  • Trailing P/E Ratio: 28.66
  • Foreward P/E Ratio: -107.30
  • P/E Growth: -10.38
Sales & Book Value:
  • Annual Revenue: $136.33 million
  • Price / Sales: 3.81
  • Book Value: $10.68 per share
  • Price / Book: 2.31
Dividend:
  • Dividend Yield: 3.5%
Profitability:
  • EBIDTA: $58.66 million
Misc:
  • Average Volume: 83,806 shs.
  • Short Ratio: 3
 

Frequently Asked Questions for NexPoint Residential Trust (NASDAQ:NXRT)

What is NexPoint Residential Trust's stock symbol?

NexPoint Residential Trust trades on the NASDAQ under the ticker symbol "NXRT."

How often does NexPoint Residential Trust pay dividends? What is the dividend yield for NexPoint Residential Trust?

NexPoint Residential Trust declared a quarterly dividend on Tuesday, May 2nd. Investors of record on Thursday, June 15th will be paid a dividend of $0.22 per share on Friday, June 30th. This represents a $0.88 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Tuesday, June 13th. View NexPoint Residential Trust's Dividend History.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust Inc (NASDAQ:NXRT) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported ($0.17) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.59. The business earned $36.99 million during the quarter, compared to analysts' expectations of $36.16 million. View NexPoint Residential Trust's Earnings History.

What guidance has NexPoint Residential Trust issued on next quarter's earnings?

NexPoint Residential Trust issued an update on its FY17 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share guidance of $1.80-1.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.61. The company issued revenue guidance of $142.0-144.0, compared to the consensus revenue estimate of $143.96 million.

Where is NexPoint Residential Trust's stock going? Where will NexPoint Residential Trust's stock price be in 2017?

4 brokers have issued 1 year price targets for NexPoint Residential Trust's shares. Their predictions range from $23.00 to $28.00. On average, they anticipate NexPoint Residential Trust's stock price to reach $25.00 in the next twelve months. View Analyst Ratings for NexPoint Residential Trust.

What are analysts saying about NexPoint Residential Trust stock?

Here are some recent quotes from research analysts about NexPoint Residential Trust stock:

  • 1. Canaccord Genuity analysts commented, "We believe investors are much more focused on the transactional nature of the company and the returns generated by the unique investment strategy, and are more likely to chalk up FFO beats and misses to transactional noise in the quarter. As such, with the thesis still very much intact, we believe investors should still be encouraged with the progression of the results." (5/2/2017)
  • 2. According to Zacks Investment Research, "NexPoint Residential Trust, Inc. is engaged in acquiring, owning, operating and selectively developing multifamily properties. It operates primarily in the Southeastern United States and Texas. NexPoint Residential Trust, Inc. is based in Dallas, United States. " (3/17/2017)

Who are some of NexPoint Residential Trust's key competitors?

Who owns NexPoint Residential Trust stock?

NexPoint Residential Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include HIGHLAND CAPITAL MANAGEMENT LP (18.96%), Vanguard Group Inc. (9.58%), Renaissance Technologies LLC (3.09%), JPMorgan Chase & Co. (1.57%), Principal Financial Group Inc. (0.99%) and Lyon Street Capital LLC (0.96%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner. View Institutional Ownership Trends for NexPoint Residential Trust.

Who sold NexPoint Residential Trust stock? Who is selling NexPoint Residential Trust stock?

NexPoint Residential Trust's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Insight Capital Research & Management Inc., JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Prudential Financial Inc., Martingale Asset Management L P, Victory Capital Management Inc. and UBS Group AG. View Insider Buying and Selling for NexPoint Residential Trust.

Who bought NexPoint Residential Trust stock? Who is buying NexPoint Residential Trust stock?

NexPoint Residential Trust's stock was acquired by a variety of institutional investors in the last quarter, including Lyon Street Capital LLC, Renaissance Technologies LLC, Vanguard Group Inc., Principal Financial Group Inc., Wellington Management Group LLP, HGI Capital Management LLC, Dimensional Fund Advisors LP and Menta Capital LLC. Company insiders that have bought NexPoint Residential Trust stock in the last two years include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner. View Insider Buying and Selling for NexPoint Residential Trust.

How do I buy NexPoint Residential Trust stock?

Shares of NexPoint Residential Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of NexPoint Residential Trust stock cost?

One share of NexPoint Residential Trust stock can currently be purchased for approximately $24.68.

Analyst Ratings

Consensus Ratings for NexPoint Residential Trust (NASDAQ:NXRT) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $25.00 (1.30% upside)

Analysts' Ratings History for NexPoint Residential Trust (NASDAQ:NXRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Canaccord GenuityReiterated RatingBuy -> Buy$26.00 -> $28.00LowView Rating Details
5/3/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuyLowView Rating Details
9/23/2016Compass PointInitiated CoverageBuy$24.00N/AView Rating Details
8/26/2016DA DavidsonReiterated RatingBuy$23.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for NexPoint Residential Trust (NASDAQ:NXRT)
Earnings by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
Earnings History by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.42($0.17)$36.16 million$36.99 millionViewListenView Earnings Details
3/15/2017Q4 2016($0.03)$0.39$33.92 million$32.60 millionViewN/AView Earnings Details
11/10/2016Q316$0.36$0.32$33.16 million$33.10 millionViewN/AView Earnings Details
8/9/2016Q216$0.33$0.34$33.50 million$33.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NexPoint Residential Trust (NASDAQ:NXRT)
2017 EPS Consensus Estimate: $1.64
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.42$0.42$0.42
Q2 20171$0.36$0.36$0.36
Q3 20171$0.41$0.41$0.41
Q4 20171$0.45$0.45$0.45
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017quarterly$0.223.61%6/13/20176/15/20176/30/2017
3/9/2017quarterly$0.223.8%3/16/20173/20/20173/31/2017
11/10/2016quarterly$0.224.64%12/13/201612/15/201612/30/2016
8/9/2016quarterly$0.214.15%9/13/20169/15/20169/30/2016
5/10/2016Quarterly$0.216/13/20166/15/20166/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NexPoint Residential Trust (NASDAQ:NXRT)
Insider Trades by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
Institutional Ownership by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
Insider Trades by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/14/2016Brian MittsInsiderSell200$19.36$3,872.00View SEC Filing  
11/9/2016Brian MittsInsiderBuy200$17.82$3,564.00View SEC Filing  
10/4/2016Matt McgranerInsiderBuy1,000$18.50$18,500.00View SEC Filing  
9/9/2016James D DonderoInsiderBuy7,600$19.74$150,024.00View SEC Filing  
8/22/2016Edward N ConstantinoDirectorBuy4,815$20.77$100,007.55View SEC Filing  
8/11/2016James D. DonderoInsiderBuy7,800$19.25$150,150.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NexPoint Residential Trust (NASDAQ:NXRT)
Latest Headlines for NexPoint Residential Trust (NASDAQ:NXRT)
Source:
DateHeadline
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Given Average Recommendation of "" by Analysts
www.americanbankingnews.com - May 25 at 7:54 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Price Target Raised to $28.00 at Canaccord Genuity
www.americanbankingnews.com - May 8 at 11:43 AM
americanbankingnews.com logoQ3 2017 Earnings Estimate for NexPoint Residential Trust Inc Issued By DA Davidson (NXRT)
www.americanbankingnews.com - May 5 at 10:58 AM
americanbankingnews.com logoDA Davidson Comments on NexPoint Residential Trust Inc's Q2 2017 Earnings (NXRT)
www.americanbankingnews.com - May 4 at 11:54 AM
americanbankingnews.com logoZacks: NexPoint Residential Trust Inc (NXRT) Given $24.25 Average Price Target by Analysts
www.americanbankingnews.com - May 4 at 8:12 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Posts Quarterly Earnings Results, Misses Estimates By $0.59 EPS
www.americanbankingnews.com - May 3 at 8:50 PM
americanbankingnews.com logoNexPoint Residential Trust (NXRT) Getting Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 6:52 PM
reuters.com logoBRIEF-Nexpoint Residential Trust posts Q1 loss per share $0.17
www.reuters.com - May 3 at 9:26 AM
finance.yahoo.com logoEdited Transcript of NXRT earnings conference call or presentation 2-May-17 3:00pm GMT
finance.yahoo.com - May 3 at 9:26 AM
americanbankingnews.com logoNexPoint Residential Trust Inc Plans Quarterly Dividend of $0.22 (NXRT)
www.americanbankingnews.com - May 2 at 8:04 PM
seekingalpha.com logoNexPoint Residential Trust (NXRT) Management on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 2 at 7:00 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 2 at 2:20 PM
bloomberg.com logoFGL Terminates Anbang Deal, Says Other Parties Are Interested
www.bloomberg.com - April 17 at 6:09 PM
foxnews.com logoInterstate mess: Atlanta roadwork leads to buckling on I-20
www.foxnews.com - April 17 at 6:09 PM
abcnews.go.com logoUS employers add just 98K jobs, as rate falls to 4.5 pct.
abcnews.go.com - April 7 at 11:39 AM
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - March 23 at 10:26 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - March 23 at 8:20 AM
americanbankingnews.com logoCanaccord Genuity Analysts Give NexPoint Residential Trust Inc (NXRT) a $26.00 Price Target
www.americanbankingnews.com - March 18 at 11:52 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 18 at 12:33 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for NexPoint Residential Trust Inc Reduced by DA Davidson (NXRT)
www.americanbankingnews.com - March 17 at 11:18 AM
us.rd.yahoo.com logoEdited Transcript of NXRT earnings conference call or presentation 14-Mar-17 3:00pm GMT
us.rd.yahoo.com - March 14 at 11:31 PM
biz.yahoo.com logoNEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operation
biz.yahoo.com - March 14 at 10:35 AM
biz.yahoo.com logoQ4 2016 NexPoint Residential Trust Inc Earnings Release - Before Market Open
biz.yahoo.com - March 14 at 10:35 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Reports Fourth Quarter And Full Year 2016 Results
finance.yahoo.com - March 14 at 10:35 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Releases FY17 Earnings Guidance
www.americanbankingnews.com - March 14 at 9:58 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Announces Quarterly Earnings Results
www.americanbankingnews.com - March 14 at 9:58 AM
seekingalpha.com logoNexPoint Residential: We're Off To See The Wizard
seekingalpha.com - January 24 at 9:02 AM
reuters.com logoBRIEF-Nexpoint Residential Trust announces opportunistic portfolio acquisition in Houston
www.reuters.com - January 3 at 11:19 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Opportunistic Portfolio Acquisition In Houston
finance.yahoo.com - January 3 at 10:30 AM
seekingalpha.com logoThis 2017 Pick Is Set To Double
seekingalpha.com - December 30 at 7:21 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. To Be Added To The MSCI US REIT Index (RMZ)
finance.yahoo.com - November 16 at 6:53 PM
streetinsider.com logoNexPoint Residential Trust (NXRT) Misses Q3 FFO by 4c; Guides FY16 FFO
www.streetinsider.com - November 11 at 6:19 PM
finance.yahoo.com logoEdited Transcript of NXRT earnings conference call or presentation 10-Nov-16 4:00pm GMT
finance.yahoo.com - November 11 at 9:18 AM
cnbc.com logoNexPoint Residential Trust Inc. reports 3Q results
www.cnbc.com - November 10 at 6:22 PM
forbes.com logoWednesday Sector Laggards: REITs, Cigarettes & Tobacco Stocks
www.forbes.com - October 5 at 6:25 PM
nasdaq.com logoAnalysts Forecast 11% Gains Ahead For RWR
www.nasdaq.com - October 5 at 11:44 AM
finance.yahoo.com logoEdited Transcript of NXRT earnings conference call or presentation 9-Aug-16 3:00pm GMT
finance.yahoo.com - August 10 at 9:41 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Second Quarter 2016 Earnings Conference Call
finance.yahoo.com - July 26 at 4:15 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Fourth Quarter and Full Year 2015 Earnings Conference Call
finance.yahoo.com - February 22 at 12:15 PM
seekingalpha.com logoNexPoint Residential Trust Offers 45%-60% Upside Catalyzed By Highly Aligned Management
seekingalpha.com - February 4 at 2:03 PM
finance.yahoo.com logo/C O R R E C T I O N -- NexPoint Residential Trust, Inc./
finance.yahoo.com - January 22 at 2:51 PM
finance.yahoo.com logoNexPoint Residential Trust Announces 2015 Dividend Income Tax Treatment
finance.yahoo.com - January 21 at 4:15 PM
finance.yahoo.com logoCoverage initiated on NexPoint Residential by DA Davidson
finance.yahoo.com - December 23 at 8:10 AM
biz.yahoo.com logoNEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 16 at 4:23 PM
biz.yahoo.com logoNEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
biz.yahoo.com - November 10 at 8:02 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Quarterly Dividend
finance.yahoo.com - November 10 at 8:01 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Reports Third Quarter Financial Results
finance.yahoo.com - November 10 at 8:00 AM
biz.yahoo.com logoQ3 2015 NexPoint Residential Trust Inc Earnings Release - Before Market Open
biz.yahoo.com - November 10 at 7:07 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Third Quarter 2015 Earnings Conference Call
finance.yahoo.com - October 29 at 8:00 AM
finance.yahoo.com logoDo as They Do: A Guide to Insider Activity
finance.yahoo.com - September 24 at 10:01 AM

Social

Chart

NexPoint Residential Trust (NXRT) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff