NexPoint Residential Trust, Inc. is an externally managed real estate investment trust (REIT). The Company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program. The Company is focused on multifamily investments primarily located in the Southeastern and Southwestern United States. All of the Company's business operations are conducted through NexPoint Residential Trust Operating Partnership, L.P. (OP). The sole limited partner of the OP is the Company. Its subsidiary, NexPoint Residential Trust Operating Partnership GP, LLC, is the sole general partner of the OP. As of December 31, 2016, the Company owned 39 properties representing 12,965 units in eight states, including two Parked Assets. The Company's advisor is NexPoint Real Estate Advisors, L.P.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Residential REITs
- Sub-Industry: N/A
- Symbol: NYSE:NXRT
- CUSIP: N/A
- Web: www.nexpointliving.com
Capitalization:- Market Cap: $486.3 million
- Outstanding Shares: 21,044,000
Average Prices:- 50 Day Moving Avg: $24.55
- 200 Day Moving Avg: $24.44
- 52 Week Range: $16.67 - $26.10
P/E:- Trailing P/E Ratio: 44.73
- Foreward P/E Ratio: -48.15
- P/E Growth: -36.54
Sales & Book Value:- Annual Revenue: $137.9 million
- Price / Sales: 3.53
- Book Value: $9.28 per share
- Price / Book: 2.49
Dividend:- Annual Dividend: $0.88
- Dividend Yield: 3.8%
Profitability:- EBIDTA: $57.99 million
- Net Margins: 9.27%
- Return on Equity: 5.39%
- Return on Assets: 1.26%
Debt:- Debt-to-Equity Ratio: 4.19%
- Current Ratio: 0.73%
- Quick Ratio: 0.73%
Misc:- Average Volume: 69,847 shs.
- Beta: 0.82
- Short Ratio: 4.26
Frequently Asked Questions for NexPoint Residential Trust (NYSE:NXRT)
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, August 1st. Investors of record on Friday, September 15th will be given a dividend of $0.22 per share on Friday, September 29th. This represents a $0.88 annualized dividend and a yield of 3.81%. The ex-dividend date is Thursday, September 14th. This is a boost from NexPoint Residential Trust's previous quarterly dividend of $0.21. View NexPoint Residential Trust's Dividend History.
How were NexPoint Residential Trust's earnings last quarter?
NexPoint Residential Trust, Inc. (NYSE:NXRT) issued its earnings results on Tuesday, May, 10th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.04. The firm earned $29.40 million during the quarter, compared to analysts' expectations of $33.40 million. NexPoint Residential Trust had a return on equity of 5.39% and a net margin of 9.27%. View NexPoint Residential Trust's Earnings History.
Where is NexPoint Residential Trust's stock going? Where will NexPoint Residential Trust's stock price be in 2017?
2 brokerages have issued 1-year price objectives for NexPoint Residential Trust's stock. Their predictions range from $28.00 to $28.00. On average, they expect NexPoint Residential Trust's stock price to reach $28.00 in the next twelve months. 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 New Senior Investment Group (SNR), Independence Realty Trust (IRT), Altisource Residential Corporation (RESI), Preferred Apartment Communities (APTS), Campus Crest Communities (CCG), UMH Properties (UMH), American Residential Properties (ARPI), Bluerock Residential Growth REIT (BRG), Bluerock Residential Growth REIT (BRG), Clipper Realty (CLPR), Colony Capital (CLNY), Home Properties (HME), Post Properties (PPS) and Silver Bay Realty Trust Corp (SBY).
Who are NexPoint Residential Trust's key executives?
NexPoint Residential Trust's management team includes the folowing people:
- James D. Dondero, Chairman of the Board, President
- Brian Mitts, Chief Financial Officer, Executive Vice President - Finance, Treasurer
- Matt McGraner, Executive Vice President, Chief Investment Officer
- Matthew Goetz, Senior Vice President - Investments and Asset Management
- Scott Ellington J.D., General Counsel, Secretary
- Edward N. Constantino CPA, Director
- Scott F. Kavanaugh, Director
- Arthur B. Laffer Ph.D., Director
How do I buy NexPoint Residential Trust stock?
Shares of NexPoint Residential Trust can be purchased through any online brokerage account. Popular online brokerages 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 NexPoint Residential Trust stock can currently be purchased for approximately $23.11.
MarketBeat Community Rating for NexPoint Residential Trust (NYSE 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for NexPoint Residential Trust (NYSE:NXRT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $28.00 (21.16% upside) |
Analysts' Ratings History for NexPoint Residential Trust (NYSE:NXRT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/15/2017 | Canaccord Genuity | Boost Price Target | Buy | $26.00 -> $28.00 | Low |  |
| 5/4/2017 | Ladenburg Thalmann Financial Services | Reiterated Rating | Buy | | Low | |
| 12/30/2015 | DA Davidson | Initiated Coverage | Buy | | N/A | |
(Data available from 8/23/2015 forward)
Earnings History for NexPoint Residential Trust (NYSE:NXRT)Earnings History by Quarter for NexPoint Residential Trust (NYSE NXRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/10/2016 | Q1 | $0.38 | $0.42 | $33.40 million | $29.40 million | View | Listen | |
| 3/8/2016 | Q415 | $0.36 | $0.35 | $29.94 million | | View | N/A | |
| 11/10/2015 | Q315 | | $0.37 | | | View | Listen | |
| 8/11/2015 | Q215 | | $0.34 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for NexPoint Residential Trust (NYSE:NXRT)Current Year EPS Consensus Estimate: $-0.13 EPS
Next Year EPS Consensus Estimate: $-0.48 EPS
Current Dividend Information for NexPoint Residential Trust (NYSE:NXRT)| Next Dividend: | 9/29/2017 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 3.81% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 172.55% (Trailing 12 Months of Earnings)
-676.92% (Based on This Year's Estimates)
-183.33% (Based on Next Year's Estimates)
|
Dividend History by Quarter for NexPoint Residential Trust (NYSE NXRT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/1/2017 | Quarterly | $0.22 | | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/10/2016 | quarterly | $0.21 | 5.73% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 3/8/2016 | quarterly | $0.21 | 6.77% | 3/16/2016 | 3/18/2016 | 3/31/2016 |
| 11/11/2015 | quarterly | $0.21 | 6.26% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 8/12/2015 | quarterly | $0.21 | 6.51% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for NexPoint Residential Trust (NYSE:NXRT)Insider Ownership Percentage: 16.60%
Institutional Ownership Percentage: 60.69%
Insider Trades by Quarter for NexPoint Residential Trust (NYSE:NXRT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/16/2016 | James D Dondero | Major Shareholder | Buy | 31,399 | $12.74 | $400,023.26 | |
| 2/8/2016 | Matt Mcgraner | Insider | Buy | 1,000 | $10.75 | $10,750.00 | |
| 1/20/2016 | Matt Mcgraner | insider | Buy | 1,205 | $11.47 | $13,821.35 | |
| 12/18/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $12.60 | $12,600.00 | |
| 10/14/2015 | Matt Mcgraner | Insider | Buy | 1,000 | $12.90 | $12,900.00 | |
| 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)
Headline Trends for NexPoint Residential Trust (NYSE:NXRT)
Latest Headlines for NexPoint Residential Trust (NYSE:NXRT)
| Source: |
|
| Date | Headline |
|---|
 | NexPoint Residential Trust, Inc. (NYSE:NXRT) Increases Dividend to $0.22 Per Share
www.americanbankingnews.com - August 2 at 12:40 PM |
 | NexPoint Residential Trust (NXRT) on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 2 at 6:30 AM |
 | Investor Network: NexPoint Residential Trust Inc to Host Earnings Call
finance.yahoo.com - August 2 at 6:30 AM |
| NexPoint Residential Trust, Inc. breached its 50 day moving average in a Bearish Manner : NXRT-US : August 1, 2017
finance.yahoo.com - August 2 at 6:30 AM |
| Edited Transcript of NXRT earnings conference call or presentation 1-Aug-17 3:00pm GMT
finance.yahoo.com - August 2 at 6:30 AM |
| Brokerages Anticipate NexPoint Residential Trust, Inc. (NYSE:NXRT) to Post $0.36 Earnings Per Share
www.americanbankingnews.com - July 31 at 2:26 PM |
| NexPoint Residential Trust, Inc. (NYSE:NXRT) Downgraded by BidaskClub
www.americanbankingnews.com - July 29 at 1:36 PM |
| NexPoint Residential Trust, Inc. breached its 50 day moving average in a Bullish Manner : NXRT-US : July 18, 2017
finance.yahoo.com - July 19 at 12:40 AM |
| NexPoint Residential Trust, Inc. Announces Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - July 19 at 12:40 AM |
| NexPoint Residential Trust, Inc. Announces Acquisition Of Rockledge - A Residential Apartment Community In Atlanta, Georgia
finance.yahoo.com - July 11 at 6:15 AM |
| NexPoint Residential Trust, Inc. : NXRT-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 15, 2017
finance.yahoo.com - June 16 at 8:24 AM |
| NexPoint Residential Trust, Inc. to Participate at NAREIT's 2017 REITWeek Investor Forum
finance.yahoo.com - June 1 at 8:50 AM |
| NexPoint Residential Trust Inc (NXRT) PT Raised to $28.00
www.americanbankingnews.com - May 29 at 9:30 AM |
| NexPoint Residential Trust, Inc. breached its 50 day moving average in a Bearish Manner : NXRT-US : May 26, 2017
finance.yahoo.com - May 26 at 7:56 PM |
| NexPoint Residential Trust Inc (NXRT) PT Raised to $28.00 at Canaccord Genuity
www.americanbankingnews.com - May 8 at 10:44 AM |
| NexPoint Residential Trust Inc (NXRT) Given $24.25 Average Target Price by Brokerages
www.americanbankingnews.com - May 4 at 6:36 PM |
| NexPoint Residential Trust's (NXRT) Buy Rating Reiterated at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - May 4 at 5:28 PM |
| NexPoint Residential Trust, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - May 2 at 11:16 AM |
| NexPoint Residential Trust, Inc. Announces First Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 25 at 6:11 PM |
| NexPoint Residential Trust, Inc. Announces Record Date and Date of 2017 Annual Meeting of Stockholders
finance.yahoo.com - April 11 at 6:52 PM |
| Brokerages Set $24.25 Price Target for NexPoint Residential Trust Inc (NXRT)
www.americanbankingnews.com - April 6 at 8:04 AM |
| NEXPOINT RESIDENTIAL TRUST, INC. Financials
finance.yahoo.com - March 18 at 6:24 PM |
| NEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 9:39 AM |
| NEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K/A, Financial Statements and Exhibits
biz.yahoo.com - March 14 at 6:29 PM |
| NexPoint Residential Trust Inc. reports 4Q results
finance.yahoo.com - March 14 at 10:35 AM |
| NexPoint Residential Trust Announces 2016 Dividend Income Tax Treatment
finance.yahoo.com - January 23 at 7:19 PM |
| NEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of
biz.yahoo.com - January 4 at 7:45 PM |
 | BRIEF-NexPoint Residential Trust Q3 adjusted FFO per share $0.76
www.reuters.com - November 10 at 9:38 AM |
 | NexPoint Residential Trust (NXRT) Raises Quarterly Dividend 6.8% to $0.220; 4.8% Yield
www.streetinsider.com - November 10 at 9:38 AM |
 | NexPoint Residential Trust, Inc. Reports Third Quarter Results
www.prnewswire.com - November 10 at 9:38 AM |
| NexPoint Residential Trust, Inc. Announces an Increase in Quarterly Dividend
finance.yahoo.com - November 10 at 9:38 AM |
 | NexPoint Credit Strategies Fund Announces the Regular Monthly Dividend, Change to Regular Monthly Dividend, and Share Repurchase Program
www.nasdaq.com - November 3 at 10:35 AM |
| NexPoint Residential Trust: Value-Add Opportunities In Growing Job Markets
seekingalpha.com - November 1 at 6:50 PM |
| NexPoint Residential Trust, Inc. Announces Third Quarter 2016 Earnings Conference Call
finance.yahoo.com - October 27 at 6:38 PM |
| Conviction: An Overlooked Step Of The Investment Process
seekingalpha.com - September 2 at 6:28 PM |
| Big Short's Burry Bets Big on Alphabet
finance.yahoo.com - August 22 at 6:32 PM |
| BRIEF-NexPoint Residential Trust Q2 FFO per share $0.34
www.reuters.com - August 9 at 9:47 AM |
| NexPoint Residential Trust (NXRT) Declares $0.206 Quarterly Dividend; 4.3% Yield
www.streetinsider.com - August 9 at 9:47 AM |
 | NexPoint Residential Trust Inc. reports 2Q results
www.cnbc.com - August 9 at 9:47 AM |
| NexPoint Residential Trust, Inc. Reports Second Quarter Results
finance.yahoo.com - August 9 at 9:47 AM |
 | NexPoint A Buy With 'Middle-America' Holdings
www.benzinga.com - June 28 at 6:31 PM |
| New Strong Sell Stocks for June 27th
finance.yahoo.com - June 27 at 10:06 AM |
| NEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors
biz.yahoo.com - June 15 at 4:57 PM |
| NexPoint Residential Trust, Inc. Announces $30.0 Million Stock Repurchase Program
finance.yahoo.com - June 15 at 4:15 PM |
| NEXPOINT RESIDENTIAL TRUST, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct
biz.yahoo.com - June 7 at 6:05 AM |
| NexPoint Residential Trust, Inc. to Participate at NAREIT's 2016 REITWeek Investor Forum
finance.yahoo.com - June 2 at 4:15 PM |
| Edited Transcript of NXRT earnings conference call or presentation 10-May-16 3:00pm GMT
finance.yahoo.com - May 31 at 5:22 PM |
| Edited Transcript of NXRT earnings conference call or presentation 11-Aug-15 3:00pm GMT
finance.yahoo.com - May 31 at 4:28 PM |
| Edited Transcript of NXRT earnings conference call or presentation 8-Mar-16 4:00pm GMT
finance.yahoo.com - May 31 at 1:37 PM |
| Edited Transcript of NXRT earnings conference call or presentation 10-Nov-15 4:00pm GMT
finance.yahoo.com - May 31 at 1:02 PM |
NexPoint Residential Trust (NXRT) Chart for Wednesday, August, 23, 2017
