About NexPoint Residential Trst (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 Ratio3.28%
Current Ratio1.74%
Quick Ratio1.74%
Price-To-Earnings
Trailing P/E Ratio21.96
Forward P/E Ratio15.44
P/E GrowthN/A
Sales & Book Value
Annual Sales$144.24 million
Price / Sales3.72
Cash Flow$4.9288 per share
Price / Cash5.20
Book Value$11.37 per share
Price / Book2.25
Profitability
EPS (Most Recent Fiscal Year)$1.17
Net Income$53.37 million
Net Margins37.00%
Return on Equity23.02%
Return on Assets4.98%
Miscellaneous
Employees2
Outstanding Shares20,930,000
NexPoint Residential Trst (NYSE:NXRT) Frequently Asked Questions
What is NexPoint Residential Trst's stock symbol?
NexPoint Residential Trst trades on the New York Stock Exchange (NYSE) under the ticker symbol "NXRT."
How often does NexPoint Residential Trst pay dividends? What is the dividend yield for NexPoint Residential Trst?
NexPoint Residential Trst declared a quarterly dividend on Monday, February 12th. Investors of record on Tuesday, March 20th will be given a dividend of $0.25 per share on Friday, March 30th. This represents a $1.00 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Monday, March 19th. View NexPoint Residential Trst's Dividend History.
How were NexPoint Residential Trst's earnings last quarter?
NexPoint Residential Trst (NYSE:NXRT) announced its quarterly earnings results on Tuesday, February, 13th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. The financial services provider had revenue of $34.90 million for the quarter, compared to analysts' expectations of $36.28 million. NexPoint Residential Trst had a return on equity of 23.02% and a net margin of 37.00%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $0.39 EPS. View NexPoint Residential Trst's Earnings History.
When is NexPoint Residential Trst's next earnings date?
What guidance has NexPoint Residential Trst issued on next quarter's earnings?
NexPoint Residential Trst issued an update on its FY18 earnings guidance on Tuesday, February, 13th. The company provided earnings per share (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.68.
What price target have analysts set for NXRT?
5 analysts have issued twelve-month price targets for NexPoint Residential Trst's stock. Their forecasts range from $27.00 to $28.00. On average, they expect NexPoint Residential Trst's stock price to reach $27.6667 in the next year. View Analyst Ratings for NexPoint Residential Trst.
Who are some of NexPoint Residential Trst's key competitors?
Some companies that are related to NexPoint Residential Trst include Washington Real Estate Investment Trust (WRE), PotlatchDeltic (PCH), Tanger Factory Outlet Centers (SKT), Alexander's (ALX), MGM Growth Properties (MGP), Quality Care Properties (QCP), Apollo Commercial Real Estat (ARI), Acadia Realty Trust (AKR), Retail Opportunity Inv (ROIC), Lexington Realty Trust (LXP), Invesco Mortgage Capital (IVR), Chesapeake Lodging (CHSP), QTS Realty Trust (QTS), Select Income REIT (SIR) and Alexander & Baldwin (ALEX).
Who are NexPoint Residential Trst's key executives?
NexPoint Residential Trst's management team includes the folowing people:
- Mr. James David Dondero CFA, CPA, Chairman and Pres (Age 55)
- Mr. Brian Dale Mitts CPA, EVP of Fin., Treasurer & CFO (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 Goetz, Sr. VP of Investments and Asset Management (Age 32)
Has NexPoint Residential Trst been receiving favorable news coverage?
Media headlines about NXRT stock have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NexPoint Residential Trst earned a daily sentiment score of 0.24 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 46.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
How do I buy shares of NexPoint Residential Trst?
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 Trst's stock price today?
One share of NXRT stock can currently be purchased for approximately $25.63.
How big of a company is NexPoint Residential Trst?
NexPoint Residential Trst has a market capitalization of $542.10 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 Trst employs 2 workers across the globe.
How can I contact NexPoint Residential Trst?
NexPoint Residential Trst'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 Trst (NXRT)
MarketBeat's community ratings are surveys of what our community members think about NexPoint Residential Trst 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 Trst (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 Trst in the last 12 months. Their average twelve-month price target is $27.6667, suggesting that the stock has a possible upside of 7.95%. 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 | 2.75 |
| 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)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $27.6667 | $27.6667 | $27.6667 | $27.50 |
| Price Target Upside: | 7.95% upside | 16.49% upside | 16.49% upside | 17.42% upside |
NexPoint Residential Trst (NYSE:NXRT) Consensus Price Target History
NexPoint Residential Trst (NYSE:NXRT) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
NexPoint Residential Trst (NYSE:NXRT) Dividend Information
NexPoint Residential Trst pays an annual dividend of $1.00 per share, with a dividend yield of 3.90%. NXRT's most recent quarterly dividend payment was Friday, March 30. NexPoint Residential Trst pays out 85.47% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 3.90% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 85.47% (Trailing 12 Months of Earnings)
60.24% (Based on This Year's Estimates)
52.91% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
NexPoint Residential Trst (NYSE:NXRT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 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 Trst (NYSE NXRT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 19.98%
Institutional Ownership Percentage: 59.69%
NexPoint Residential Trst (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 Trst (NYSE NXRT) News Headlines
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NexPoint Residential Trst (NYSE:NXRT) SEC Filings
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NexPoint Residential Trst (NYSE:NXRT) Income Statement, Balance Sheet and Cash Flow Statement
NexPoint Residential Trst (NYSE NXRT) Stock Chart for Tuesday, April, 24, 2018
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