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Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
Canada approves largest telecom deal in country's history

NexPoint Residential Trust - NXRT Stock Forecast, Price & News

$43.67
+1.19 (+2.80%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$42.60
$43.72
50-Day Range
$39.64
$51.90
52-Week Range
$38.67
$95.04
Volume
171,944 shs
Average Volume
137,326 shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
3.85%
Price Target
$60.20

NexPoint Residential Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
37.9% Upside
$60.20 Price Target
Short Interest
Healthy
3.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.51
Upright™ Environmental Score
News Sentiment
1.58mentions of NexPoint Residential Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.64%
From $3.12 to $3.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Finance Sector

415th out of 890 stocks

Real Estate Investment Trusts Industry

80th out of 192 stocks


NXRT stock logo

About NexPoint Residential Trust (NYSE:NXRT) Stock

NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.

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NXRT Stock News Headlines

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11 October Inflation Busting Dividend Dogs Ready To Buy
NexPoint Residential Trust Becomes Oversold
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NXRT Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 3/31 Dividend
3/14/2023
Today
3/31/2023
Dividend Payable
3/31/2023
Next Earnings (Confirmed)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:NXRT
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$60.20
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+37.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$-9,260,000.00
Pretax Margin
-3.52%

Debt

Sales & Book Value

Annual Sales
$263.95 million
Cash Flow
$4.30 per share
Book Value
$20.34 per share

Miscellaneous

Free Float
22,307,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.08

Key Executives

  • Jim Dondero
    Chairman, President & Chief Executive Officer
  • Brian Dale Mitts
    CFO, Secretary, Treasurer, Director & EVP-Finance
  • Matthew McGraner
    Chief Investment Officer & Executive VP
  • Matthew Goetz
    Senior VP-Investments & Asset Management
  • David Willmore
    Vice President-Finance













NXRT Stock - Frequently Asked Questions

Should I buy or sell NexPoint Residential Trust stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NXRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NXRT, but not buy additional shares or sell existing shares.
View NXRT analyst ratings
or view top-rated stocks.

What is NexPoint Residential Trust's stock price forecast for 2023?

6 Wall Street research analysts have issued 12 month target prices for NexPoint Residential Trust's shares. Their NXRT share price forecasts range from $45.00 to $90.00. On average, they predict the company's share price to reach $60.20 in the next year. This suggests a possible upside of 37.9% from the stock's current price.
View analysts price targets for NXRT
or view top-rated stocks among Wall Street analysts.

How have NXRT shares performed in 2023?

NexPoint Residential Trust's stock was trading at $43.52 on January 1st, 2023. Since then, NXRT stock has increased by 0.3% and is now trading at $43.67.
View the best growth stocks for 2023 here
.

When is NexPoint Residential Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our NXRT earnings forecast
.

How can I listen to NexPoint Residential Trust's earnings call?

NexPoint Residential Trust will be holding an earnings conference call on Tuesday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "5001576".

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) announced its quarterly earnings results on Tuesday, February, 15th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.49. NexPoint Residential Trust had a negative net margin of 3.52% and a negative trailing twelve-month return on equity of 1.79%. During the same quarter in the previous year, the business posted $0.63 EPS.

How often does NexPoint Residential Trust pay dividends? What is the dividend yield for NexPoint Residential Trust?

NexPoint Residential Trust announced a quarterly dividend on Tuesday, February 21st. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.42 per share on Friday, March 31st. This represents a $1.68 annualized dividend and a yield of 3.85%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for NXRT
.

Is NexPoint Residential Trust a good dividend stock?

NexPoint Residential Trust (NYSE:NXRT) pays an annual dividend of $1.68 per share and currently has a dividend yield of 4.08%. NXRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NXRT.

What guidance has NexPoint Residential Trust issued on next quarter's earnings?

NexPoint Residential Trust issued an update on its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $2.92-$3.27 for the period, compared to the consensus EPS estimate of $3.27. The company issued revenue guidance of -.

What other stocks do shareholders of NexPoint Residential Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Enterprise Products Partners (EPD), Intel (INTC), Vistra (VST), Verizon Communications (VZ), Accenture (ACN), Bank of America (BAC) and Chevron (CVX).

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 do I buy shares of NexPoint Residential Trust?

Shares of NXRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NexPoint Residential Trust's stock price today?

One share of NXRT stock can currently be purchased for approximately $43.67.

How much money does NexPoint Residential Trust make?

NexPoint Residential Trust (NYSE:NXRT) has a market capitalization of $1.12 billion and generates $263.95 million in revenue each year. The financial services provider earns $-9,260,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis.

How can I contact NexPoint Residential Trust?

NexPoint Residential Trust's mailing address is 300 CRESCENT COURT SUITE 700, DALLAS TX, 75201. The official website for the company is www.nexpointliving.com. The financial services provider can be reached via phone at (214) 276-6300 or via email at jgraham@highlandcapital.com.

This page (NYSE:NXRT) was last updated on 4/1/2023 by MarketBeat.com Staff