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: Financials
  • Industry: Residential REITs
  • Sub-Industry: N/A
  • Symbol: NASDAQ:NXRT
  • CUSIP: N/A
  • Web: nexpointliving.com/
Capitalization:
  • Market Cap: $508.82 million
  • Outstanding Shares: 21,044,000
Average Prices:
  • 50 Day Moving Avg: $23.67
  • 200 Day Moving Avg: $24.46
  • 52 Week Range: $16.67 - $26.10
P/E:
  • Trailing P/E Ratio: 46.94
  • Foreward P/E Ratio: -63.63
  • P/E Growth: -47.88
Sales & Book Value:
  • Annual Revenue: $137.9 million
  • Price / Sales: 3.69
  • Book Value: $9.28 per share
  • Price / Book: 2.61
Dividend:
  • Dividend Yield: 3.7%
Profitability:
  • EBITDA: $57.99 million
  • Net Margins: 28.18%
  • Return on Equity: 14.15%
  • Return on Assets: 3.70%
Misc:
  • Average Volume: 67,151 shs.
  • Short Ratio: 4.26
 

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, August 1st. Investors of record on Friday, September 15th will be paid a dividend of $0.22 per share on Friday, September 29th. This represents a $0.88 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, September 14th. View NexPoint Residential Trust's Dividend History.

How will NexPoint Residential Trust's stock buyback program work?

NexPoint Residential Trust announced that its board has initiated a share repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $30,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust Inc (NASDAQ:NXRT) announced its earnings results on Tuesday, August, 1st. The company reported $0.34 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.02. The firm had revenue of $35.23 million for the quarter, compared to analyst estimates of $35.95 million. NexPoint Residential Trust had a net margin of 28.18% and a return on equity of 14.15%. NexPoint Residential Trust's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. 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, August, 1st. The company provided EPS guidance of $1.35-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.60. The company issued revenue guidance of $143-145 million, compared to the consensus revenue estimate of $145.66 million.

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

3 brokerages have issued 1 year price targets for NexPoint Residential Trust's shares. Their predictions range from $28.00 to $28.00. On average, they anticipate NexPoint Residential Trust's share price to reach $28.00 in the next year. 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. 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. " (10/11/2017)
  • 2. 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)

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

Who are NexPoint Residential Trust's key executives?

NexPoint Residential Trust's management team includes the folowing people:

  • James D. Dondero, Chairman of the Board, President
  • Brian Mitts, Chief Financial Officer, Executive Vice President - Finance, Treasurer
  • Matt McGraner, Executive Vice President, Chief Investment Officer
  • Matthew Goetz, Senior Vice President - Investments and Asset Management
  • Scott Ellington J.D., General Counsel, Secretary
  • Edward N. Constantino CPA, Director
  • Scott F. Kavanaugh, Director
  • Arthur B. Laffer Ph.D., Director

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.

What is NexPoint Residential Trust's stock price today?

One share of NexPoint Residential Trust stock can currently be purchased for approximately $24.18.


MarketBeat Community Rating for NexPoint Residential Trust (NASDAQ NXRT)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  79 (Vote Underperform)
Total Votes:  145
MarketBeat's community ratings are surveys of what our community members think about NexPoint Residential Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NexPoint Residential Trust (NASDAQ:NXRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $28.00 (15.80% upside)
Consensus Price Target History for NexPoint Residential Trust (NASDAQ:NXRT)
Price Target History for NexPoint Residential Trust (NASDAQ:NXRT)
Analysts' Ratings History for NexPoint Residential Trust (NASDAQ:NXRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/8/2017Janney Montgomery ScottInitiated CoverageNeutral -> NeutralLowView Rating Details
8/2/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuyMediumView Rating Details
8/1/2017Canaccord GenuitySet Price TargetBuy$28.00LowView 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 10/20/2015 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
8/1/2017Q2 2017$0.36$0.34$35.95 million$35.23 millionViewListenView Earnings Details
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: $1.50
2018 EPS Consensus Estimate: $1.61
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.42$0.42$0.42
Q2 20171$0.36$0.36$0.36
Q3 20171$0.37$0.37$0.37
Q4 20171$0.35$0.35$0.35
Q1 20181$0.39$0.39$0.39
Q2 20181$0.39$0.39$0.39
Q3 20181$0.39$0.39$0.39
Q4 20181$0.44$0.44$0.44
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for NexPoint Residential Trust (NASDAQ NXRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017quarterly$0.223.57%9/14/20179/15/20179/29/2017
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
10/10/2017James D DonderoInsiderBuy1,100$23.37$25,707.00View SEC Filing  
9/15/2017James D DonderoInsiderBuy1,000$23.48$23,480.00View SEC Filing  
8/11/2017James D DonderoInsiderBuy2,000$23.30$46,600.00View SEC Filing  
8/7/2017James D DonderoInsiderBuy12,600$23.81$300,006.00View SEC Filing  
8/3/2017James D DonderoInsiderBuy41,900$24.28$1,017,332.00View SEC Filing  
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$0.37 EPS Expected for NexPoint Residential Trust Inc (NXRT) This Quarter
www.americanbankingnews.com - October 19 at 8:26 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - October 16 at 12:14 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Raised to "Hold" at BidaskClub
www.americanbankingnews.com - October 14 at 8:22 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Insider James D. Dondero Purchases 1,100 Shares
www.americanbankingnews.com - October 12 at 7:50 PM
americanbankingnews.com logoBidaskClub Downgrades NexPoint Residential Trust Inc (NXRT) to Sell
www.americanbankingnews.com - October 7 at 9:58 PM
finance.yahoo.com logoNexPoint Residential Trust, Inc. : NXRT-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 5, 2017
finance.yahoo.com - October 5 at 1:03 PM
americanbankingnews.com logo$37.01 Million in Sales Expected for NexPoint Residential Trust Inc (NXRT) This Quarter
www.americanbankingnews.com - October 3 at 2:00 PM
americanbankingnews.com logo$0.37 Earnings Per Share Expected for NexPoint Residential Trust Inc (NXRT) This Quarter
www.americanbankingnews.com - October 1 at 2:30 AM
americanbankingnews.com logoHead-To-Head Review: NexPoint Residential Trust (NXRT) & Camden Property Trust (CPT)
www.americanbankingnews.com - September 29 at 12:32 PM
reuters.com logoBRIEF-NexPoint Residential Trust provides update on Hurricane Irma
www.reuters.com - September 19 at 6:03 AM
finance.yahoo.com logoNexPoint Residential Trust, Inc. Provides Update On Hurricane Irma
finance.yahoo.com - September 19 at 6:03 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Insider James D. Dondero Purchases 1,000 Shares
www.americanbankingnews.com - September 18 at 8:10 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 12 at 5:02 AM
americanbankingnews.com logoAnalysts Anticipate NexPoint Residential Trust Inc (NXRT) to Announce $0.37 EPS
www.americanbankingnews.com - September 9 at 4:28 AM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Receives New Coverage from Analysts at Janney Montgomery Scott
www.americanbankingnews.com - September 8 at 10:44 AM
americanbankingnews.com logoAnalysts Anticipate NexPoint Residential Trust Inc (NXRT) to Post $0.37 Earnings Per Share
www.americanbankingnews.com - September 2 at 12:34 PM
americanbankingnews.com logoNexPoint Residential Trust (NXRT) versus Silver Bay Realty Trust Corp (SBY) Financial Survey
www.americanbankingnews.com - August 29 at 2:16 AM
americanbankingnews.com logoReviewing NexPoint Residential Trust (NXRT) and New Senior Investment Group (SNR)
www.americanbankingnews.com - August 28 at 4:20 PM
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Given Consensus Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - August 28 at 12:44 AM
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Given Consensus Recommendation of "" by Analysts
www.americanbankingnews.com - August 24 at 1:18 PM
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Given $27.00 Average Target Price by Brokerages
www.americanbankingnews.com - August 19 at 2:46 PM
americanbankingnews.com logoInsider Buying: NexPoint Residential Trust Inc (NXRT) Insider Purchases 2,000 Shares of Stock
www.americanbankingnews.com - August 15 at 8:26 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NASDAQ:NXRT) Insider James D. Dondero Purchases 12,600 Shares
www.americanbankingnews.com - August 9 at 8:44 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NASDAQ:NXRT) Insider Acquires $1,017,332.00 in Stock
www.americanbankingnews.com - August 7 at 7:20 PM
americanbankingnews.com logoAnalysts Set Expectations for NexPoint Residential Trust Inc's FY2017 Earnings (NXRT)
www.americanbankingnews.com - August 4 at 10:46 AM
americanbankingnews.com logoEquities Analysts Set Expectations for NexPoint Residential Trust Inc's Q3 2017 Earnings (NASDAQ:NXRT)
www.americanbankingnews.com - August 3 at 7:58 AM
americanbankingnews.com logoNexPoint Residential Trust's (NXRT) "Buy" Rating Reiterated at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - August 2 at 1:08 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NASDAQ:NXRT) Announces Quarterly Dividend of $0.22
www.americanbankingnews.com - August 1 at 6:28 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - August 1 at 2:20 PM
americanbankingnews.com logoNexPoint Residential Trust Inc (NXRT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 1 at 9:39 AM
americanbankingnews.com logoNexPoint Residential Trust (NXRT) versus Essex Property Trust (ESS) Head-To-Head Contrast
www.americanbankingnews.com - July 12 at 4:20 PM
americanbankingnews.com logo NexPoint Residential Trust Inc (NXRT) Given $26.50 Average Target Price by Brokerages
www.americanbankingnews.com - July 12 at 8:19 AM
bizjournals.com logoNexPoint Residential expands in Atlanta with $113M Cobb apartment buy
www.bizjournals.com - July 9 at 10:02 AM
reuters.com logoBRIEF-Nexpoint Residential Trust, on June 30, acquired property in Marietta, Georgia from unaffiliated third-party for about $113.5 mln
www.reuters.com - July 8 at 1:14 PM
reuters.com logoBRIEF-Nexpoint Residential Trust posts Q1 loss per share $0.17
www.reuters.com - May 3 at 9:26 AM
seekingalpha.com logoNexPoint Residential Trust (NXRT) Management on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 2 at 7:00 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
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
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
seekingalpha.com logoThis 2017 Pick Is Set To Double
seekingalpha.com - December 30 at 7:21 PM
streetinsider.com logoNexPoint Residential Trust (NXRT) Misses Q3 FFO by 4c; Guides FY16 FFO
www.streetinsider.com - November 11 at 6:19 PM
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
seekingalpha.com logoNexPoint Residential Trust Offers 45%-60% Upside Catalyzed By Highly Aligned Management
seekingalpha.com - February 4 at 2:03 PM

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Chart

NexPoint Residential Trust (NXRT) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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