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
Current SymbolNYSE:NXRT
Previous SymbolNASDAQ:NXRT
CUSIPN/A
Phone972-628-4100
Debt
Debt-to-Equity Ratio3.83
Current Ratio0.98
Quick Ratio0.98
Price-To-Earnings
Trailing P/E Ratio30.90
Forward P/E Ratio21.24
P/E Growth2
Sales & Book Value
Annual Sales$144.24 million
Price / Sales5.88
Cash Flow$4.9196 per share
Price / Cash Flow7.34
Book Value$11.37 per share
Price / Book3.18
Profitability
EPS (Most Recent Fiscal Year)$1.17
Net Income$53.37 million
Net Margins-0.82%
Return on Equity-0.49%
Return on Assets-0.11%
Miscellaneous
Employees2
Outstanding Shares23,500,000
Market Cap$859.38 million
OptionableOptionable
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 declared a quarterly dividend on Monday, October 29th. Investors of record on Monday, December 17th will be paid a dividend of $0.275 per share on Monday, December 31st. This represents a $1.10 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, December 14th. This is a positive change from NexPoint Residential Trust's previous quarterly dividend of $0.25. View NexPoint Residential Trust's Dividend History.
How were NexPoint Residential Trust's earnings last quarter?
NexPoint Residential Trust Inc (NYSE:NXRT) announced its quarterly earnings data on Tuesday, October, 30th. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.69. The financial services provider earned $36.50 million during the quarter, compared to analyst estimates of $36.04 million. NexPoint Residential Trust had a negative return on equity of 0.49% and a negative net margin of 0.82%. View NexPoint Residential Trust's Earnings History.
When is NexPoint Residential Trust's next earnings date?
What guidance has NexPoint Residential Trust issued on next quarter's earnings?
NexPoint Residential Trust updated its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $1.67 for the period.
What price target have analysts set for NXRT?
3 analysts have issued 12 month target prices for NexPoint Residential Trust's stock. Their forecasts range from $32.00 to $37.00. On average, they expect NexPoint Residential Trust's stock price to reach $34.6667 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for NexPoint Residential Trust.
What is the consensus analysts' recommendation for NexPoint Residential Trust?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating and 2 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. 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. " (11/21/2018)
- 2. 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)
Has NexPoint Residential Trust been receiving favorable news coverage?
Media stories about NXRT stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NexPoint Residential Trust earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are some of NexPoint Residential Trust's key competitors?
Some companies that are related to NexPoint Residential Trust include Sabra Health Care REIT (SBRA), RLJ Lodging Trust (RLJ), National Health Investors (NHI), Paramount Group (PGRE), Taubman Centers (TCO), Physicians Realty Trust (DOC), MFA FINL INC/SH (MFA), Senior Housing Properties Trust (SNH), Rexford Industrial Realty (REXR), Colony Capital (CLNY), Stag Industrial (STAG), Outfront Media (OUT), Empire State Realty Trust (ESRT), The GEO Group (GEO) and Retail Properties of America (RPAI).
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)
Who are NexPoint Residential Trust's major shareholders?
NexPoint Residential Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Highland Capital Management LP (9.91%), Vanguard Group Inc. (7.62%), BlackRock Inc. (6.30%), Renaissance Technologies LLC (5.72%), Russell Investments Group Ltd. (1.72%) and JPMorgan Chase & Co. (1.40%). 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 Highland Capital Management LP, Janus Henderson Group PLC, Morgan Stanley, Vanguard Group Inc., Graybill Bartz & Assoc Ltd., Man Group plc, ClariVest Asset Management LLC and GSA Capital Partners LLP. View Insider Buying and Selling for NexPoint Residential Trust.
Which institutional investors are buying NexPoint Residential Trust stock?
NXRT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Hillsdale Investment Management Inc., Matarin Capital Management LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., JPMorgan Chase & Co. and Nordea Investment Management AB. 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 $36.11.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $859.38 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.
What is NexPoint Residential Trust's official website?
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.
