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

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.

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

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.

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.

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.

ETFs with the largest weight of NexPoint Residential Trust (NYSE:NXRT) stock in their portfolio include Private Real Estate Strategy via Liquid REITs ETF (PRVT), Kelly Residential & Apartment Real Estate ETF (RESI), Hoya Capital Housing ETF (HOMZ), Residential REIT ETF (HAUS) and Nuveen Short-Term REIT ETF (NURE).iShares Residential and Multisector Real Estate ETF (REZ).

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 -.

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'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.
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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.
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