NYSE:NXRT - NexPoint Residential Trust Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$27.56 +0.40 (+1.47 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$27.56
Today's Range$27.10 - $27.65
52-Week Range$22.84 - $29.40
Volume179,709 shs
Average Volume65,655 shs
Market Capitalization$563.82 million
P/E Ratio23.56
Dividend Yield3.68%
Beta0.79
NexPoint Residential Trust logoNexPoint 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.

Receive NXRT News and Ratings via Email

Sign-up to receive the latest news and ratings for NXRT and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio23.56
Forward P/E Ratio16.70
P/E Growth0.99

Sales & Book Value

Annual Sales$144.24 million
Price / Sales3.97
Cash Flow$5.0569 per share
Price / Cash5.45
Book Value$11.37 per share
Price / Book2.42

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

The Truth About Cryptocurrencies

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 given a dividend of $0.25 per share on Friday, June 29th. This represents a $1.00 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend 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) issued its quarterly earnings results on Tuesday, May, 1st. The financial services provider reported $0.47 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.06. The financial services provider earned $35.06 million during the quarter, compared to analysts' expectations of $36.12 million. NexPoint Residential Trust had a net margin of 47.13% and a return on equity of 28.96%. View NexPoint Residential Trust's Earnings History.

What price target have analysts set for NXRT?

6 analysts have issued 12 month price targets for NexPoint Residential Trust's stock. Their predictions range from $27.00 to $32.00. On average, they anticipate NexPoint Residential Trust's share price to reach $28.75 in the next twelve months. View Analyst Ratings for NexPoint Residential Trust.

Who are some of NexPoint Residential Trust's key competitors?

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 coverage about NXRT stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NexPoint Residential Trust earned a media sentiment score of 0.01 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.76 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are NexPoint Residential Trust's major shareholders?

NexPoint Residential Trust's stock is owned by many different of retail and institutional investors. Top institutional investors 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 major 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 major 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 $27.56.

How big of a company is NexPoint Residential Trust?

NexPoint Residential Trust has a market capitalization of $563.82 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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  166
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.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.