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. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:NXRT
CUSIPN/A
Phone972-628-4100
Debt
Debt-to-Equity Ratio3.24
Current Ratio2.77
Quick Ratio2.77
Price-To-Earnings
Trailing P/E Ratio27.38
Forward P/E Ratio18.99
P/E Growth1.71
Sales & Book Value
Annual Sales$144.24 million
Price / Sales4.70
Cash Flow$5.1127 per share
Price / Cash6.39
Book Value$11.37 per share
Price / Book2.87
Profitability
EPS (Most Recent Fiscal Year)$1.17
Net Income$53.37 million
Net Margins40.64%
Return on Equity23.89%
Return on Assets5.52%
Miscellaneous
Employees2
Outstanding Shares20,750,000
Market Cap$660.18 million
NexPoint Residential Trust (NYSE:NXRT) Frequently Asked Questions
What is NexPoint Residential Trust's stock symbol?
NexPoint Residential Trust trades on the New York Stock Exchange (NYSE) 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 Wednesday, August 1st. Shareholders of record on Friday, September 14th will be paid a dividend of $0.25 per share on Friday, September 28th. This represents a $1.00 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Thursday, September 13th. View NexPoint Residential Trust's Dividend History.
How were NexPoint Residential Trust's earnings last quarter?
NexPoint Residential Trust Inc (NYSE:NXRT) posted its quarterly earnings data on Tuesday, July, 31st. The financial services provider reported ($0.08) EPS for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.49. The financial services provider had revenue of $35.66 million for the quarter, compared to the consensus estimate of $35.53 million. NexPoint Residential Trust had a net margin of 40.64% and a return on equity of 23.89%. View NexPoint Residential Trust's Earnings History.
When is NexPoint Residential Trust's next earnings date?
What price target have analysts set for NXRT?
5 analysts have issued twelve-month target prices for NexPoint Residential Trust's shares. Their predictions range from $27.00 to $35.00. On average, they anticipate NexPoint Residential Trust's stock price to reach $32.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for NexPoint Residential Trust.
What is the consensus analysts' recommendation for NexPoint Residential Trust?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NexPoint Residential Trust.
What are Wall Street analysts saying about NexPoint Residential Trust stock?
Here are some recent quotes from research analysts about NexPoint Residential Trust stock:
- 1. Boenning Scattergood analysts commented, "We are initiating coverage of NexPoint Residential Trust (NXRT) with an Outperform rating and a price target of $35.00, even though the stock trades at a premium to the peer group and near its 52-week high. What we like about this company is that it has delivered steady growth in NAV, resulting in a high total return to shareholders. It has strong same store sales driven by its value-add renovation program that brings lifestyle amenities to workforce housing. NXRT is externally managed, but fees to the manager are capped and there is no incentive fee. We think the manager’s high level of ownership (>22%) helps align interests of shareholders and manager." (9/17/2018)
- 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. " (8/2/2018)
Who are some of NexPoint Residential Trust's key competitors?
Some companies that are related to NexPoint Residential Trust include Great Portland Estates (GPEAF), DDR (DDR), Pebblebrook Hotel Trust (PEB), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Est. Finance (ARI), QTS Realty Trust Inc Class A (QTS), Acadia Realty Trust (AKR), MGM Growth Properties (MGP), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments (ROIC), Chesapeake Lodging Trust (CHSP), Lexington Realty Trust (LXP), Quality Care Properties (QCP) and AMERN FIN TR IN/SH (AFIN).
Who are NexPoint Residential Trust's key executives?
NexPoint Residential Trust's management team includes the folowing people:
- Mr. James David Dondero CFA, CPA, Chairman, Pres & Principal Exec. Officer (Age 55)
- Mr. Brian Dale Mitts CPA, EVP of Fin., Treasurer, CFO & Director (Age 48)
- Mr. Matthew McGraner J.D., Chief Investment Officer and Exec. VP (Age 34)
- Mr. Scott Byron Ellington, Gen. Counsel and Sec. (Age 46)
- Mr. Matthew X. Goetz, Sr. VP of Investments and Asset Management (Age 32)
Has NexPoint Residential Trust been receiving favorable news coverage?
Headlines about NXRT stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NexPoint Residential Trust earned a daily sentiment score of 0.18 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for NexPoint Residential Trust.
Who are NexPoint Residential Trust's major shareholders?
NexPoint Residential Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Highland Capital Management LP (11.82%), BlackRock Inc. (6.01%), Renaissance Technologies LLC (5.20%), Millennium Management LLC (3.24%), Russell Investments Group Ltd. (1.76%) and Boston Partners (1.44%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, James D Dondero and Matt Mcgraner. View Institutional Ownership Trends for NexPoint Residential Trust.
Which institutional investors are selling NexPoint Residential Trust stock?
NXRT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., GSA Capital Partners LLP, Graybill Bartz & Assoc Ltd., Martingale Asset Management L P, Dupont Capital Management Corp, Capital Investment Advisors LLC, Northern Trust Corp and EJF Capital LLC. View Insider Buying and Selling for NexPoint Residential Trust.
Which institutional investors are buying NexPoint Residential Trust stock?
NXRT stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Highland Capital Management LP, Renaissance Technologies LLC, Boston Partners, Janus Henderson Group PLC, Millennium Management LLC, Citadel Advisors LLC and Dimensional Fund Advisors LP. Company insiders that have bought NexPoint Residential Trust stock in the last two years include Brian Mitts, James D Dondero and Matt Mcgraner. View Insider Buying and Selling for NexPoint Residential Trust.
How do I buy shares of NexPoint Residential Trust?
Shares of NXRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 NXRT stock can currently be purchased for approximately $32.67.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $660.18 million and generates $144.24 million in revenue each year. The financial services provider earns $53.37 million in net income (profit) each year or $1.17 on an earnings per share basis. NexPoint Residential Trust employs 2 workers across the globe.
How can I contact NexPoint Residential Trust?
NexPoint Residential Trust's mailing address is 300 CRESCENT COURT SUITE 700, DALLAS TX, 75201. The financial services provider can be reached via phone at 972-628-4100 or via email at [email protected]
MarketBeat Community Rating for NexPoint Residential Trust (NYSE NXRT)
MarketBeat's community ratings are surveys of what our community members think about NexPoint Residential Trust and other stocks. Vote "Outperform" if you believe NXRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NXRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
