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About NexPoint Residential Trust (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 Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. More information about NXRT is available at http://www.nexpointliving.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:NXRT
CUSIPN/A
Phone972-628-4100
Debt
Debt-to-Equity Ratio3.10
Current Ratio3.12
Quick Ratio3.12
Price-To-Earnings
Trailing P/E Ratio23.79
Forward P/E Ratio16.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$144.24 million
Price / Sales4.01
Cash Flow$4.9449 per share
Price / Cash5.63
Book Value$11.93 per share
Price / Book2.33
Profitability
EPS (Most Recent Fiscal Year)$1.17
Net Income$53.37 million
Net Margins47.13%
Return on Equity28.96%
Return on Assets6.29%
Miscellaneous
Employees2
Outstanding Shares20,760,000
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 Tuesday, May 1st. Investors of record on Friday, June 15th will be paid a dividend of $0.25 per share on Friday, June 29th. This represents a $1.00 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Thursday, June 14th. View NexPoint Residential Trust's Dividend History.
How were NexPoint Residential Trust's earnings last quarter?
NexPoint Residential Trust Inc (NYSE:NXRT) posted its quarterly earnings data on Tuesday, May, 1st. The financial services provider reported $0.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.06. The financial services provider earned $35.06 million during the quarter, compared to the consensus estimate of $36.12 million. NexPoint Residential Trust had a return on equity of 28.96% and a net margin of 47.13%. View NexPoint Residential Trust's Earnings History.
What price target have analysts set for NXRT?
5 equities research analysts have issued 1 year price objectives for NexPoint Residential Trust's stock. Their predictions range from $27.00 to $28.00. On average, they anticipate NexPoint Residential Trust's share price to reach $27.6667 in the next year. View Analyst Ratings for NexPoint Residential Trust.
Who are some of NexPoint Residential Trust's key competitors?
Some companies that are related to NexPoint Residential Trust include Apollo Commercial Real Estat (ARI), Washington Real Estate Investment Trust (WRE), MGM Growth Properties (MGP), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Lexington Realty Trust (LXP), Quality Care Properties (QCP), Tanger Factory Outlet Centers (SKT), Alexander's (ALX), Select Income REIT (SIR), Chesapeake Lodging (CHSP), QTS Realty Trust Inc Class A (QTS), Invesco Mortgage Capital (IVR), Ladder Capital (LADR) and American Assets Trust (AAT).
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)
Has NexPoint Residential Trust been receiving favorable news coverage?
News stories about NXRT stock have trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NexPoint Residential Trust earned a coverage optimism score of 0.18 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 47.20 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are NexPoint Residential Trust's major shareholders?
NexPoint Residential Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Highland Capital Management LP (11.10%), BlackRock Inc. (6.38%), Millennium Management LLC (3.07%), Lyon Street Capital LLC (1.32%), JPMorgan Chase & Co. (1.15%) and Boston Partners (1.10%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner. 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 Seizert Capital Partners LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Crown Advisors Management Inc., BlackRock Inc., Citigroup Inc., Schnieders Capital Management LLC and UBS Group AG. 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 Millennium Management LLC, Highland Capital Management LP, Matarin Capital Management LLC, GSA Capital Partners LLP, TCW Group Inc., Prudential Financial Inc., EJF Capital LLC and Lyon Street Capital LLC. Company insiders that have bought NexPoint Residential Trust stock in the last two years include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner. 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 $27.84.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $582.09 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.
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 (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.
NexPoint Residential Trust (NYSE:NXRT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for NexPoint Residential Trust in the last 12 months. Their average twelve-month price target is $27.6667, suggesting that the stock has a possible downside of 0.62%. The high price target for NXRT is $28.00 and the low price target for NXRT is $27.00. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.80 | 2.80 | 2.80 | 2.80 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $27.6667 | $27.6667 | $27.6667 | $27.6667 |
| Price Target Upside: | 0.62% downside | 16.49% upside | 16.49% upside | 16.49% upside |
NexPoint Residential Trust (NYSE:NXRT) Consensus Price Target History
NexPoint Residential Trust (NYSE:NXRT) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
NexPoint Residential Trust (NYSE:NXRT) Dividend Information
NexPoint Residential Trust pays an annual dividend of $1.00 per share, with a dividend yield of 3.59%. NXRT's next quarterly dividend payment will be made on Friday, June 29. NexPoint Residential Trust pays out 85.47% of its earnings out as a dividend.
| Next Dividend: | 6/29/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 3.59% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 85.47% (Trailing 12 Months of Earnings)
60.98% (Based on This Year's Estimates)
52.08% (Based on Next Year's Estimates)
20.22% (Based on Cash Flow)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
NexPoint Residential Trust (NYSE:NXRT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/1/2018 | Quarterly | $0.25 | 3.74% | 6/14/2018 | 6/15/2018 | 6/29/2018 |
| 2/12/2018 | Quarterly | $0.25 | | 3/19/2018 | 3/20/2018 | 3/30/2018 |
| 11/1/2017 | quarterly | $0.25 | 3.99% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 10/31/2017 | Quarterly | $0.25 | | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 8/1/2017 | Quarterly | $0.22 | | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 8/1/2017 | quarterly | $0.22 | 3.57% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/2/2017 | quarterly | $0.22 | 3.61% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 3/9/2017 | quarterly | $0.22 | 3.8% | 3/16/2017 | 3/20/2017 | 3/31/2017 |
| 11/10/2016 | quarterly | $0.22 | 4.64% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 8/9/2016 | quarterly | $0.2060 | 4.15% | 9/13/2016 | 9/15/2016 | 9/30/2016 |
| 5/10/2016 | Quarterly | $0.2060 | | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 5/10/2016 | quarterly | $0.2060 | 5.73% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 3/8/2016 | quarterly | $0.2060 | 6.77% | 3/16/2016 | 3/18/2016 | 3/31/2016 |
| 11/11/2015 | quarterly | $0.2060 | 6.26% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 8/12/2015 | quarterly | $0.2060 | 6.51% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
(Data available from 1/1/2013 forward)
NexPoint Residential Trust (NYSE NXRT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 19.00%
Institutional Ownership Percentage: 59.71%
NexPoint Residential Trust (NYSE NXRT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 1/22/2018 | James D Dondero | Insider | Buy | 24,788 | $27.23 | $674,977.24 | |  |
| 1/17/2018 | James D Dondero | Insider | Buy | 18,700 | $26.98 | $504,526.00 | | |
| 1/12/2018 | James D Dondero | Insider | Buy | 1,000 | $26.87 | $26,870.00 | | |
| 1/9/2018 | James D Dondero | Insider | Buy | 14,065 | $27.68 | $389,319.20 | | |
| 12/18/2017 | James D Dondero | Insider | Buy | 10,000 | $28.50 | $285,000.00 | | |
| 12/14/2017 | James D Dondero | Insider | Buy | 18,000 | $26.65 | $479,700.00 | | |
| 10/10/2017 | James D Dondero | Insider | Buy | 1,100 | $23.37 | $25,707.00 | | |
| 9/15/2017 | James D Dondero | Insider | Buy | 1,000 | $23.48 | $23,480.00 | 30,725 | |
| 8/11/2017 | James D Dondero | Insider | Buy | 2,000 | $23.30 | $46,600.00 | 30,725 | |
| 8/7/2017 | James D Dondero | Insider | Buy | 12,600 | $23.81 | $300,006.00 | 5,202 | |
| 8/3/2017 | James D Dondero | Insider | Buy | 41,900 | $24.28 | $1,017,332.00 | 5,202 | |
| 11/14/2016 | Brian Mitts | Insider | Sell | 200 | $19.36 | $3,872.00 | 1,325 | |
| 11/9/2016 | Brian Mitts | Insider | Buy | 200 | $17.82 | $3,564.00 | 1,325 | |
| 10/4/2016 | Matt Mcgraner | Insider | Buy | 1,000 | $18.50 | $18,500.00 | 13,573 | |
| 9/9/2016 | James D Dondero | Insider | Buy | 7,600 | $19.74 | $150,024.00 | 5,051 | |
| 8/22/2016 | Edward N Constantino | Director | Buy | 4,815 | $20.77 | $100,007.55 | 12,175 | |
| 8/11/2016 | James D. Dondero | Insider | Buy | 7,800 | $19.25 | $150,150.00 | | |
| 3/16/2016 | James D Dondero | Major Shareholder | Buy | 31,399 | $12.74 | $400,023.26 | 4,854 | |
| 2/8/2016 | Matt Mcgraner | Insider | Buy | 1,000 | $10.75 | $10,750.00 | 12,573 | |
| 1/20/2016 | Matt Mcgraner | insider | Buy | 1,205 | $11.47 | $13,821.35 | 11,573 | |
| 12/18/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $12.60 | $12,600.00 | 10,368 | |
| 10/14/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $12.90 | $12,900.00 | 9,368 | |
| 8/13/2015 | James D Dondero | Major Shareholder | Buy | 5,100 | $12.56 | $64,056.00 | | |
| 7/21/2015 | Edward N Constantino | Director | Buy | 7,360 | $13.65 | $100,464.00 | | |
| 7/14/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $13.17 | $13,170.00 | | |
| 7/2/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $13.35 | $13,350.00 | | |
| 7/1/2015 | James D Dondero | Major Shareholder | Buy | 22,799 | $13.53 | $308,470.47 | | |
| 6/26/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $13.85 | $13,850.00 | | |
| 6/23/2015 | Arthur B Laffer | Director | Buy | 3,000 | $14.59 | $43,770.00 | | |
| 6/16/2015 | Arthur B Laffer | Director | Buy | 5,000 | $14.60 | $73,000.00 | | |
| 6/8/2015 | Arthur B Laffer | Director | Buy | 3,000 | $14.87 | $44,610.00 | | |
| 6/2/2015 | Arthur B Laffer | Director | Buy | 3,000 | $15.19 | $45,570.00 | | |
| 4/24/2015 | James D Dondero | Major Shareholder | Buy | 142,750 | $13.98 | $1,995,645.00 | | |
| 4/23/2015 | James D Dondero | Major Shareholder | Buy | 144,000 | $13.90 | $2,001,600.00 | | |
| 4/17/2015 | James D Dondero | Major Shareholder | Buy | 114,500 | $14.00 | $1,603,000.00 | | |
(Data available from 1/1/2013 forward)
NexPoint Residential Trust (NYSE NXRT) News Headlines
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NexPoint Residential Trust (NYSE:NXRT) SEC Filings
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NexPoint Residential Trust (NYSE:NXRT) Income Statement, Balance Sheet and Cash Flow Statement
NexPoint Residential Trust (NYSE NXRT) Stock Chart for Friday, May, 25, 2018
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