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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NYSE:NXRT

NexPoint Residential Trust - NXRT Stock Forecast, Price & News

$62.04
-1.14 (-1.80%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$61.61
▼
$62.88
50-Day Range
$58.26
▼
$75.73
52-Week Range
$57.49
▼
$95.04
Volume
166,000 shs
Average Volume
129,439 shs
Market Capitalization
$1.59 billion
P/E Ratio
76.59
Dividend Yield
2.45%
Price Target
$80.83

NexPoint Residential Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.3% Upside
$80.83 Price Target
Short Interest
Bearish
3.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.51
Upright™ Environmental Score
News Sentiment
1.28mentions of NexPoint Residential Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$1.01 M Bought Last Quarter
Proj. Earnings Growth
10.39%
From $3.08 to $3.40 Per Share

Overall MarketRank™

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

2.96 out of 5 stars

Finance Sector

32nd out of 1,175 stocks

Real Estate Investment Trusts Industry

2nd out of 215 stocks

See Top Rated MarketRank™ Stocks Here
NXRT stock logo

About NexPoint Residential Trust (NYSE:NXRT) Stock

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.

NexPoint Residential Trust Price Performance

Shares of NexPoint Residential Trust stock traded down $1.14 on Friday, hitting $62.04. The company had a trading volume of 166,022 shares, compared to its average volume of 116,880. The business has a 50-day simple moving average of $63.67 and a 200-day simple moving average of $76.33. The company has a debt-to-equity ratio of 3.30, a current ratio of 2.18 and a quick ratio of 6.10. The company has a market cap of $1.59 billion, a PE ratio of 76.59, a PEG ratio of 2.52 and a beta of 1.01. NexPoint Residential Trust has a 52 week low of $57.49 and a 52 week high of $95.04.

NexPoint Residential Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Wednesday, September 14th. NexPoint Residential Trust's dividend payout ratio (DPR) is presently 187.65%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NXRT. Jefferies Financial Group dropped their price objective on shares of NexPoint Residential Trust from $88.00 to $70.00 and set a "buy" rating on the stock in a research note on Thursday, June 30th. Raymond James restated a "downgrade" rating on shares of NexPoint Residential Trust in a research report on Thursday. Credit Suisse Group assumed coverage on shares of NexPoint Residential Trust in a research report on Wednesday, June 22nd. They issued an "outperform" rating and a $72.00 target price for the company. Truist Financial decreased their target price on shares of NexPoint Residential Trust from $90.00 to $66.00 and set a "hold" rating for the company in a research report on Friday, June 24th. Finally, StockNews.com upgraded shares of NexPoint Residential Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, July 27th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $80.83.

Insider Activity

In related news, President James D. Dondero acquired 17,050 shares of the firm's stock in a transaction dated Thursday, June 16th. The stock was acquired at an average cost of $59.01 per share, for a total transaction of $1,006,120.50. Following the completion of the acquisition, the president now directly owns 2,033,188 shares of the company's stock, valued at approximately $119,978,423.88. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 12.69% of the company's stock.

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NXRT Stock News Headlines

August 4, 2022 | finance.yahoo.com
NexPoint Residential Trust Announces Appointment of Independent Director
August 1, 2022 | finance.yahoo.com
NexPoint Residential Trust's (NYSE:NXRT) five-year earnings growth trails the 26% YoY shareholder returns
July 29, 2022 | americanbankingnews.com
NexPoint Residential Trust (NYSE:NXRT) Rating Increased to Hold at StockNews.com
July 26, 2022 | seekingalpha.com
NexPoint Residential Trust, Inc. (NXRT) Q2 2022 Results - Earnings Call Transcript
July 26, 2022 | finance.yahoo.com
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2022 RESULTS
July 26, 2022 | nasdaq.com
NexPoint Residential Trust Inc. (NXRT) Surpasses Q2 FFO and Revenue Estimates
July 24, 2022 | americanbankingnews.com
NexPoint Residential Trust (NXRT) to Release Earnings on Tuesday
July 14, 2022 | americanbankingnews.com
NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives $80.83 Average Target Price from Analysts
July 5, 2022 | finance.yahoo.com
NexPoint Diversified Real Estate Trust (NXDT) Completes Transition to a Diversified REIT
June 28, 2022 | nasdaq.com
Why NexPoint Residential Trust Inc. (NXRT) is a Great Dividend Stock Right Now
June 25, 2022 | finance.yahoo.com
Insider Buying: The NexPoint Residential Trust, Inc. (NYSE:NXRT) Chairman Just Bought US$1.0m Worth Of Shares
June 14, 2022 | morningstar.com
NexPoint Residential Trust Inc - Stock Quote NXRT
June 1, 2022 | nasdaq.com
Upcoming Dividend Run For NXRT?
May 19, 2022 | finance.yahoo.com
NexPoint forms REIT to acquire, build ‘several thousand’ single-family rental homes
May 18, 2022 | finance.yahoo.com
NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2022 Investor Conference
May 9, 2022 | nasdaq.com
NexPoint Residential: Unique Growth Strategy That Pays
April 25, 2022 | seekingalpha.com
NexPoint Residential Trust Q1 2022 Earnings Preview
April 23, 2022 | finance.yahoo.com
Based On Its ROE, Is NexPoint Residential Trust, Inc. (NYSE:NXRT) A High Quality Stock?
April 14, 2022 | finance.yahoo.com
NexPoint Residential Trust, Inc. Announces First Quarter 2022 Earnings Conference Call
March 30, 2022 | nasdaq.com
NXRT Crosses Above Average Analyst Target
March 21, 2022 | finance.yahoo.com
NexPoint Residential Trust, Inc. Announces Record Date and Date of 2022 Annual Meeting of Stockholders
February 22, 2022 | finance.yahoo.com
NexPoint Residential Trust (NYSE:NXRT) investors are up 7.8% in the past week, but earnings have declined over the last five years
February 17, 2022 | seekingalpha.com
NexPoint Residential Trust declares $0.38 dividend
February 15, 2022 | seekingalpha.com
NexPoint Residential Trust reports Q4 results
February 14, 2022 | seekingalpha.com
NexPoint Residential Trust Q4 2021 Earnings Preview
See More Headlines
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NXRT Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Today
8/08/2022
Ex-Dividend for 9/30 Dividend
9/14/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:NXRT
Previous Symbol
NASDAQ:NXRT
CUSIP
N/A
CIK
1620393
Web
www.nexpointliving.com
Phone
(972) 628-4100
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$80.83
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$66.00
Forecasted Upside/Downside
+30.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.81
Trailing P/E Ratio
76.59
Forward P/E Ratio
20.14
P/E Growth
2.52
Net Income
$23.04 million
Net Margins
8.68%
Pretax Margin
8.67%
Return on Equity
4.42%
Return on Assets
0.99%

Debt

Debt-to-Equity Ratio
3.30
Current Ratio
2.18
Quick Ratio
6.10

Sales & Book Value

Annual Sales
$219.24 million
Price / Sales
7.26
Cash Flow
$4.47 per share
Price / Cash Flow
13.88
Book Value
$19.89 per share
Price / Book
3.12

Miscellaneous

Outstanding Shares
25,648,000
Free Float
22,393,000
Market Cap
$1.59 billion
Optionable
Optionable
Beta
1.01

Key Executives

  • Mr. James David Dondero CFA (Age 59)
    CPA, Chairman, Pres & CEO
  • Mr. Brian Dale Mitts CPA (Age 52)
    Exec. VP of Fin., Treasurer, CFO, Sec. & Director
  • Mr. Matthew Ryan McGraner J.D. (Age 38)
    Chief Investment Officer & Exec. VP
  • Mr. Dennis Charles Sauter Jr. (Age 47)
    Gen. Counsel
  • Mr. Matthew X. Goetz (Age 36)
    Sr. VP of Investments & Asset Management
  • Ms. Catherine Duddy Wood B.S. (Age 66)
    Capital Partner & Director
    Comp: $20k
  • Jackie Graham
    Investor Relations Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













NXRT Stock - Frequently Asked Questions

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NexPoint Residential Trust stock.
View analyst ratings for NexPoint Residential Trust or view top-rated stocks.

What is NexPoint Residential Trust's stock price forecast for 2022?

6 brokerages have issued 12 month price objectives for NexPoint Residential Trust's shares. Their NXRT stock forecasts range from $66.00 to $95.00. On average, they expect NexPoint Residential Trust's share price to reach $80.83 in the next year. This suggests a possible upside of 30.3% from the stock's current price.
View analysts' price targets for NexPoint Residential Trust or view top-rated stocks among Wall Street analysts.

How has NexPoint Residential Trust's stock performed in 2022?

NexPoint Residential Trust's stock was trading at $83.83 on January 1st, 2022. Since then, NXRT shares have decreased by 26.0% and is now trading at $62.04.
View the best growth stocks for 2022 here.

When is NexPoint Residential Trust's next earnings date?

NexPoint Residential Trust is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for NexPoint Residential Trust.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) posted its quarterly earnings results on Tuesday, February, 15th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.49. NexPoint Residential Trust had a trailing twelve-month return on equity of 4.42% and a net margin of 8.68%. During the same quarter in the prior year, the company earned $0.63 EPS.

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 Tuesday, July 26th. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.38 per share on Friday, September 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Wednesday, September 14th.
View NexPoint Residential Trust's dividend history.

Is NexPoint Residential Trust a good dividend stock?

NexPoint Residential Trust(NYSE:NXRT) pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.45%. NexPoint Residential Trust has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of NexPoint Residential Trust is 187.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NexPoint Residential Trust will have a dividend payout ratio of 44.71% next year. This indicates that NexPoint Residential Trust will be able to sustain or increase its dividend.
View NexPoint Residential Trust's dividend history.

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

NexPoint Residential Trust updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $3.01-$3.01 for the period. 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).

What is NexPoint Residential Trust's stock symbol?

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

Who are NexPoint Residential Trust's major shareholders?

NexPoint Residential Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (2.66%), Peregrine Capital Management LLC (0.80%), State of New Jersey Common Pension Fund D (0.77%), Narwhal Capital Management (0.57%), Envestnet Asset Management Inc. (0.39%) and Nicholas Company Inc. (0.37%). Company insiders that own NexPoint Residential Trust stock include Arthur B Laffer, Brian Mitts, Catherine D Wood, James D Dondero, Matt Mcgraner, Matthew Goetz and Nicolas Sokolow.
View institutional ownership trends for NexPoint Residential Trust.

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.

What is NexPoint Residential Trust's stock price today?

One share of NXRT stock can currently be purchased for approximately $62.04.

How much money does NexPoint Residential Trust make?

NexPoint Residential Trust (NYSE:NXRT) has a market capitalization of $1.59 billion and generates $219.24 million in revenue each year. The financial services provider earns $23.04 million in net income (profit) each year or $0.81 on an earnings per share basis.

How many employees does NexPoint Residential Trust have?

NexPoint Residential Trust employs 3 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 official website for NexPoint Residential Trust is www.nexpointliving.com. The financial services provider can be reached via phone at (972) 628-4100 or via email at jgraham@highlandcapital.com.

This page (NYSE:NXRT) was last updated on 8/8/2022 by MarketBeat.com Staff

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