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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

NexPoint Residential Trust Stock Price, News & Analysis (NYSE:NXRT)

$32.23
+1.78 (+5.85%)
(As of 12/1/2023 ET)
Compare
Today's Range
$30.49
$32.24
50-Day Range
$26.75
$32.73
52-Week Range
$26.21
$52.83
Volume
307,714 shs
Average Volume
124,298 shs
Market Capitalization
$827.47 million
P/E Ratio
28.52
Dividend Yield
5.74%
Price Target
$50.33

NexPoint Residential Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
56.2% Upside
$50.33 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.51
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-2.04%
From $2.94 to $2.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

142nd out of 846 stocks

Real Estate Investment Trusts Industry

22nd out of 175 stocks


NXRT stock logo

About NexPoint Residential Trust Stock (NYSE:NXRT)

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 NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

NXRT Stock Price History

NXRT Stock News Headlines

NXRT NexPoint Residential Trust, Inc.
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q3 2023 NexPoint Residential Trust Inc Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
NXRT or ESS: Which Is the Better Value Stock Right Now?
NexPoint Residential (NXRT) Gets a Buy from Colliers Securities
See More Headlines
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Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Today
12/03/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:NXRT
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.33
High Stock Price Target
$55.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+56.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-9,260,000.00
Pretax Margin
10.66%

Debt

Sales & Book Value

Annual Sales
$277.98 million
Cash Flow
$4.13 per share
Book Value
$20.01 per share

Miscellaneous

Free Float
22,344,000
Market Cap
$827.47 million
Optionable
Optionable
Beta
1.21
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NXRT Stock Analysis - Frequently Asked Questions

Should I buy or sell NexPoint Residential Trust stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NXRT shares.
View NXRT analyst ratings
or view top-rated stocks.

What is NexPoint Residential Trust's stock price target for 2024?

2 brokers have issued 1-year target prices for NexPoint Residential Trust's stock. Their NXRT share price targets range from $47.00 to $55.00. On average, they predict the company's stock price to reach $50.33 in the next twelve months. This suggests a possible upside of 56.2% from the stock's current price.
View analysts price targets for NXRT
or view top-rated stocks among Wall Street analysts.

How have NXRT shares performed in 2023?

NexPoint Residential Trust's stock was trading at $43.52 on January 1st, 2023. Since then, NXRT shares have decreased by 25.9% and is now trading at $32.23.
View the best growth stocks for 2023 here
.

When is NexPoint Residential Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our NXRT earnings forecast
.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) issued its quarterly earnings results on Tuesday, February, 15th. The financial services provider reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.49. NexPoint Residential Trust had a net margin of 10.68% and a trailing twelve-month return on equity of 5.91%. During the same period in the previous year, the business posted $0.63 EPS.

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 Tuesday, October 31st. Stockholders of record on Friday, December 15th will be paid a dividend of $0.462 per share on Friday, December 29th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Thursday, December 14th. This is an increase from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for NXRT
.

Is NexPoint Residential Trust a good dividend stock?

NexPoint Residential Trust (NYSE:NXRT) pays an annual dividend of $1.85 per share and currently has a dividend yield of 5.52%. NXRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 163.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NXRT will have a dividend payout ratio of 64.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NXRT.

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

NexPoint Residential Trust issued an update on its FY 2023 earnings guidance on Tuesday, October, 31st. The company provided EPS guidance of $2.81-$2.95 for the period, compared to the consensus estimate of $2.96. The company issued revenue guidance of -.

What other stocks do shareholders of NexPoint Residential Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Enterprise Products Partners (EPD), Intel (INTC), Vistra (VST), Verizon Communications (VZ), Accenture (ACN), Bank of America (BAC) and Chevron (CVX).

Who are NexPoint Residential Trust's major shareholders?

NexPoint Residential Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (5.41%), Northern Trust Corp (1.30%), Kennedy Capital Management LLC (1.21%), Charles Schwab Investment Management Inc. (1.14%), State of New Jersey Common Pension Fund D (1.08%) and Peregrine Capital Management LLC (1.06%). Insiders that own company stock include Arthur B Laffer, Brian Mitts, Dennis Charles Sauter Jr, James D Dondero and Nicolas Sokolow.
View institutional ownership trends
.

How do I buy shares of NexPoint Residential Trust?

Shares of NXRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NXRT) was last updated on 12/3/2023 by MarketBeat.com Staff

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