NYSE:NXRT - NexPoint Residential Trust Stock Price, Forecast & News

NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NXRT stock has decreased by 38.2% and is now trading at $25.55. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NexPoint Residential Trust.

NexPoint Residential Trust is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for NexPoint Residential Trust.

NexPoint Residential Trust Inc (NYSE:NXRT) posted its quarterly earnings data on Tuesday, February, 18th. The financial services provider reported ($0.53) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $1.06. The financial services provider earned $49.68 million during the quarter, compared to analysts' expectations of $50.51 million. NexPoint Residential Trust had a net margin of 54.74% and a return on equity of 28.37%. View NexPoint Residential Trust's earnings history.

NexPoint Residential Trust announced a quarterly dividend on Tuesday, February 18th. Investors of record on Monday, March 16th will be given a dividend of $0.313 per share on Tuesday, March 31st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Friday, March 13th. This is a boost from NexPoint Residential Trust's previous quarterly dividend of $0.28. View NexPoint Residential Trust's dividend history.

NexPoint Residential Trust updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of 2.21-2.21 for the period.

8 brokers have issued 12-month price targets for NexPoint Residential Trust's shares. Their forecasts range from $44.00 to $58.00. On average, they expect NexPoint Residential Trust's share price to reach $49.42 in the next year. This suggests a possible upside of 93.4% from the stock's current price. View analysts' price targets for NexPoint Residential Trust.

Media coverage about NXRT stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. NexPoint Residential Trust earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutNexPoint Residential Trust.

NexPoint Residential Trust saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 826,800 shares, a drop of 8.4% from the February 27th total of 902,600 shares. Based on an average daily trading volume, of 296,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 3.6% of the shares of the company are short sold. View NexPoint Residential Trust's Current Options Chain.

Some companies that are related to NexPoint Residential Trust include Lexington Realty Trust (LXP), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), Howard Hughes (HHC), Sabra Health Care REIT (SBRA), National Health Investors (NHI), Paramount Group (PGRE), Apple Hospitality REIT (APLE), Potlatchdeltic (PCH), Ryman Hospitality Properties (RHP), EPR Properties (EPR), Weingarten Realty Investors (WRI), CHIMERA INVT CO/SH NEW (CIM), Washington Real Estate Investment Trust (WRE) and Brandywine Realty Trust (BDN).

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Vistra Energy (VST), Cisco Systems (CSCO), Agree Realty (ADC), Chipotle Mexican Grill (CMG), Honeywell International (HON), Prologis (PLD), Pentair (PNR), NVIDIA (NVDA), PepsiCo (PEP) and Enterprise Products Partners (EPD).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of NXRT stock can currently be purchased for approximately $25.55.

NexPoint Residential Trust has a market capitalization of $646.42 million and generates $181.07 million in revenue each year. The financial services provider earns $99.14 million in net income (profit) each year or $2.20 on an earnings per share basis. NexPoint Residential Trust employs 2 workers across the globe. View additional information about NexPoint Residential Trust.

The official website for NexPoint Residential Trust is http://www.nexpointliving.com/.

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]