NexPoint Residential Trust Stock Forecast, Price & News

NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NXRT shares have increased by 7.8% and is now trading at $44.57.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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NexPoint Residential Trust is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for NexPoint Residential Trust.

NexPoint Residential Trust will be holding an earnings conference call on Tuesday, October 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

NexPoint Residential Trust Inc (NYSE:NXRT) announced its quarterly earnings data on Tuesday, August, 4th. The financial services provider reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.88. NexPoint Residential Trust had a net margin of 62.17% and a return on equity of 31.19%.
View NexPoint Residential Trust's earnings history.

NexPoint Residential Trust declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.313 per share on Wednesday, September 30th. This represents a $1.25 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Monday, September 14th. This is a boost from NexPoint Residential Trust's previous quarterly dividend of $0.31.
View NexPoint Residential Trust's dividend history.

4 analysts have issued twelve-month price objectives for NexPoint Residential Trust's shares. Their forecasts range from $30.00 to $53.00. On average, they expect NexPoint Residential Trust's stock price to reach $44.00 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for NexPoint Residential Trust.

NexPoint Residential Trust saw a increase in short interest in September. As of September 15th, there was short interest totaling 754,400 shares, an increase of 16.9% from the August 31st total of 645,400 shares. Based on an average daily volume of 155,000 shares, the short-interest ratio is presently 4.9 days. Approximately 3.4% of the shares of the company are short sold.
View NexPoint Residential Trust's Short Interest.

Some companies that are related to NexPoint Residential Trust include Starwood Property Trust (STWD), Healthcare Realty Trust (HR), Cousins Properties (CUZ), QTS Realty Trust (QTS), Rayonier (RYN), Physicians Realty Trust (DOC), New Residential Investment (NRZ), Agree Realty (ADC), MGM Growth Properties (MGP), The Howard Hughes (HHC), Brixmor Property Group (BRX), Highwoods Properties (HIW), SL Green Realty (SLG), JBG SMITH Properties (JBGS) and Hannon Armstrong Sustainable Infrastructure Capital (HASI).
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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).

NexPoint Residential Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "NXRT."

NexPoint Residential Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (2.60%), Peregrine Capital Management LLC (0.71%), Graybill Bartz & Assoc Ltd. (0.43%), Envestnet Asset Management Inc. (0.36%), Nisa Investment Advisors LLC (0.06%) and Aptus Capital Advisors LLC (0.05%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, Catherine D Wood, James D Dondero, Matt Mcgraner and Matthew Goetz.
View institutional ownership trends for NexPoint Residential Trust.

NXRT stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Copeland Capital Management LLC, and Aptus Capital Advisors LLC. Company insiders that have sold NexPoint Residential Trust company stock in the last year include Brian Mitts, James D Dondero, and Matt Mcgraner.
View insider buying and selling activity for NexPoint Residential Trust.

NXRT stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Envestnet Asset Management Inc., JMG Financial Group Ltd., Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, Eii Capital Management Inc., and Graybill Bartz & Assoc Ltd.. Company insiders that have bought NexPoint Residential Trust stock in the last two years include Catherine D Wood, James D Dondero, and Matthew Goetz.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of NXRT stock can currently be purchased for approximately $44.57.

NexPoint Residential Trust has a market capitalization of $1.08 billion and generates $181.07 million in revenue each year. The financial services provider earns $99.14 million in net income (profit) each year or $2.20 on an earnings per share basis. NexPoint Residential Trust employs 2 workers across the globe.

The official website for NexPoint Residential Trust is www.nexpointliving.com.

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]