NexPoint Residential Trust Company Profile (NASDAQ:NXRT)

About NexPoint Residential Trust

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 capex value-add program. It focuses on multifamily investments primarily located in the Southeastern and Southwestern United States. All of its business operations are conducted through NexPoint Residential Trust Operating Partnership, L.P. Its properties include The Miramar Apartments, Arbors on Forest Ridge, Cutter's Point, Eagle Crest, Meridian, Toscana, The Grove at Alban, McMillan Place Old Farm Apartment Homes, Stone Creek at Old Farm Apartments and Dana Point. It owns approximately 40 properties consisting of over 12,960 units in approximately 10 markets. Its advisor is NexPoint Real Estate Advisors, L.P.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: NXRT
  • CUSIP:
Key Metrics:
  • Previous Close: $23.32
  • 50 Day Moving Average: $23.24
  • 200 Day Moving Average: $20.73
  • 52-Week Range: $11.26 - $23.86
  • Trailing P/E Ratio: 25.40
  • Foreward P/E Ratio: -583.00
  • P/E Growth: 4.80
  • Market Cap: $491.12M
  • Outstanding Shares: 21,060,000
Additional Links:

Analyst Ratings

Consensus Ratings for NexPoint Residential Trust (NASDAQ:NXRT) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.33 (4.23% downside)

Analysts' Ratings History for NexPoint Residential Trust (NASDAQ:NXRT)
Show:
DateFirmActionRatingPrice TargetDetails
2/7/2017Canaccord GenuityReiterated RatingBuyView Rating Details
9/23/2016Compass PointInitiated CoverageBuy$24.00View Rating Details
8/26/2016DA DavidsonReiterated RatingBuy$23.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for NexPoint Residential Trust (NASDAQ:NXRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017        
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)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $-0.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.37$0.37$0.37
Q2 20161$0.26$0.26$0.26
Q3 20161$0.33$0.33$0.33
Q4 20161$0.34$0.34$0.34
Q1 20171$0.41$0.41$0.41
Q2 20171$0.41$0.41$0.41
Q3 20171$0.41$0.41$0.41
Q4 20171$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Dividend History for NexPoint Residential Trust (NASDAQ:NXRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History 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

Latest Headlines for NexPoint Residential Trust (NASDAQ:NXRT)
DateHeadline
seekingalpha.com logoNexPoint Residential: We're Off To See The Wizard (NASDAQ:NXRT)
seekingalpha.com - January 24 at 9:02 AM
law360.com logoREIT NexPoint Residential Drops $108M On Texas Properties (NASDAQ:NXRT)
www.law360.com - January 5 at 11:03 PM
News IconNexPoint Residential Acquires 924-Unit Opportunistic Apartment Portfolio in Houston for $108 Million (NASDAQ:NXRT)
www.multifamilybiz.com - January 3 at 11:19 PM
reuters.com logoBRIEF-Nexpoint Residential Trust announces opportunistic portfolio acquisition in Houston (NASDAQ:NXRT)
www.reuters.com - January 3 at 11:19 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Opportunistic Portfolio Acquisition In Houston (NASDAQ:NXRT)
finance.yahoo.com - January 3 at 10:30 AM
seekingalpha.com logoThis 2017 Pick Is Set To Double (NASDAQ:NXRT)
seekingalpha.com - December 30 at 7:21 PM
4-traders.com logoNexPoint Residential Trust : The Metropolitan Life Insurance Co. Ny Cuts its Investment of Stake in Nexpoint Residential Trust Inc (NASDAQ:NXRT)
www.4-traders.com - December 17 at 7:26 PM
insidermonkey.com logoIs NextPoint Residential Trust Inc (NXRT) A Good Stock To Buy? (NASDAQ:NXRT)
www.insidermonkey.com - December 11 at 9:39 AM
capitalcube.com logoETFs with exposure to NexPoint Residential Trust, Inc. : November 28, 2016 (NASDAQ:NXRT)
www.capitalcube.com - November 29 at 2:25 PM
capitalcube.com logoNexPoint Residential Trust, Inc. :NXRT-US: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 (NASDAQ:NXRT)
www.capitalcube.com - November 22 at 6:44 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. To Be Added To The MSCI US REIT Index (RMZ) (NASDAQ:NXRT)
finance.yahoo.com - November 16 at 6:53 PM
capitalcube.com logoETFs with exposure to NexPoint Residential Trust, Inc. : November 15, 2016 (NASDAQ:NXRT)
www.capitalcube.com - November 15 at 7:11 PM
capitalcube.com logoNexPoint Residential Trust, Inc. breached its 50 day moving average in a Bullish Manner : NXRT-US : November 14, 2016 (NASDAQ:NXRT)
www.capitalcube.com - November 14 at 10:40 AM
streetinsider.com logoNexPoint Residential Trust (NXRT) Misses Q3 FFO by 4c; Guides FY16 FFO (NASDAQ:NXRT)
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 (NASDAQ:NXRT)
finance.yahoo.com - November 11 at 9:18 AM
cnbc.com logoNexPoint Residential Trust Inc. reports 3Q results (NASDAQ:NXRT)
www.cnbc.com - November 10 at 6:22 PM
forbes.com logoWednesday Sector Laggards: REITs, Cigarettes & Tobacco Stocks (NASDAQ:NXRT)
www.forbes.com - October 5 at 6:25 PM
nasdaq.com logoAnalysts Forecast 11% Gains Ahead For RWR (NASDAQ:NXRT)
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 (NASDAQ:NXRT)
finance.yahoo.com - August 10 at 9:41 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Second Quarter 2016 Earnings Conference Call (NASDAQ:NXRT)
finance.yahoo.com - July 26 at 4:15 PM
4-traders.com logoNexPoint Residential : Announces Fourth Quarter and Full Year 2015 Earnings Conference Call (NASDAQ:NXRT)
www.4-traders.com - February 22 at 1:58 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Fourth Quarter and Full Year 2015 Earnings Conference Call (NASDAQ:NXRT)
finance.yahoo.com - February 22 at 12:15 PM
seekingalpha.com logoNexPoint Residential Trust Offers 45%-60% Upside Catalyzed By Highly Aligned Management (NASDAQ:NXRT)
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./ (NASDAQ:NXRT)
finance.yahoo.com - January 22 at 2:51 PM
finance.yahoo.com logoNexPoint Residential Trust Announces 2015 Dividend Income Tax Treatment (NASDAQ:NXRT)
finance.yahoo.com - January 21 at 4:15 PM
finance.yahoo.com logoCoverage initiated on NexPoint Residential by DA Davidson (NASDAQ:NXRT)
finance.yahoo.com - December 23 at 8:10 AM
biz.yahoo.com logoNEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:NXRT)
biz.yahoo.com - November 16 at 4:23 PM
insidermonkey.com logoSilver Capital Management’s Top Five Holdings for Q4 (NASDAQ:NXRT)
www.insidermonkey.com - November 10 at 10:19 AM
biz.yahoo.com logoNEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme (NASDAQ:NXRT)
biz.yahoo.com - November 10 at 8:02 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Quarterly Dividend (NASDAQ:NXRT)
finance.yahoo.com - November 10 at 8:01 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Reports Third Quarter Financial Results (NASDAQ:NXRT)
finance.yahoo.com - November 10 at 8:00 AM
biz.yahoo.com logoQ3 2015 NexPoint Residential Trust Inc Earnings Release - Before Market Open (NASDAQ:NXRT)
biz.yahoo.com - November 10 at 7:07 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Third Quarter 2015 Earnings Conference Call (NASDAQ:NXRT)
finance.yahoo.com - October 29 at 8:00 AM
finance.yahoo.com logoDo as They Do: A Guide to Insider Activity (NASDAQ:NXRT)
finance.yahoo.com - September 24 at 10:01 AM
insidermonkey.com logoTop Stock Picks Of Silver Capital Management (NASDAQ:NXRT)
www.insidermonkey.com - August 16 at 1:15 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Announces Quarterly Dividend for the Third Quarter of 2015 (NASDAQ:NXRT)
finance.yahoo.com - August 11 at 8:34 AM

Social

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 announced a quarterly dividend on Thursday, November 10th. Investors of record on Thursday, December 15th will be paid a dividend of $0.22 per share on Friday, December 30th. This represents a $0.88 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend is Tuesday, December 13th. This is a boost from NexPoint Residential Trust's previous quarterly dividend of $0.21.

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

3 analysts have issued 1-year target prices for NexPoint Residential Trust's stock. Their predictions range from $20.00 to $24.00. On average, they anticipate NexPoint Residential Trust's share price to reach $22.33 in the next twelve months.

When will NexPoint Residential Trust announce their earnings?

NexPoint Residential Trust is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

Who owns NexPoint Residential Trust stock?

NexPoint Residential Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Highland Capital Management LP (8.75%), State Street Corp (0.00%), Renaissance Technologies LLC (2.37%), Loomis Sayles & Co. L P (0.65%), Dimensional Fund Advisors LP (0.00%) and Martingale Asset Management L P (0.00%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner.

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 Loomis Sayles & Co. L P and Two Sigma Investments LP.

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 Highland Capital Management LP, Numeric Investors LLC, Martingale Asset Management L P, Renaissance Technologies LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, First Allied Advisory Services Inc. and Bessemer Group Inc.. 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.

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 $23.32.

NexPoint Residential Trust (NASDAQ:NXRT) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)

Earnings History Chart

Earnings by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)

Dividend History Chart

Dividend Payments by Quarter for NexPoint Residential Trust (NASDAQ:NXRT)

Last Updated on 2/23/2017 by MarketBeat.com Staff