NYSE:NXRTNexPoint Residential Trust Stock Price, Forecast & News

NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NXRT stock has decreased by 21.3% and is now trading at $32.56. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating 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, August 4th 2020. View our earnings forecast for NexPoint Residential Trust.

NexPoint Residential Trust Inc (NYSE:NXRT) announced its quarterly earnings results on Thursday, May, 7th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.49. The financial services provider earned $52.60 million during the quarter, compared to analysts' expectations of $52.97 million. NexPoint Residential Trust had a return on equity of 34.85% and a net margin of 68.44%. View NexPoint Residential Trust's earnings history.

NexPoint Residential Trust declared a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 15th will be given a dividend of $0.3125 per share on Tuesday, June 30th. This represents a $1.25 annualized dividend and a dividend yield of 3.84%. The ex-dividend date is Friday, June 12th. View NexPoint Residential Trust's dividend history.

7 analysts have issued 12-month price targets for NexPoint Residential Trust's stock. Their forecasts range from $30.00 to $53.00. On average, they anticipate NexPoint Residential Trust's stock price to reach $43.42 in the next year. This suggests a possible upside of 33.3% from the stock's current price. View analysts' price targets for NexPoint Residential Trust.

Press coverage about NXRT stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NexPoint Residential Trust earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutNexPoint Residential Trust.

NexPoint Residential Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 869,900 shares, an increase of 52.2% from the April 30th total of 571,500 shares. Based on an average daily trading volume, of 335,100 shares, the days-to-cover ratio is currently 2.6 days. Approximately 3.8% of the shares of the company are sold short. View NexPoint Residential Trust's Current Options Chain.

Some companies that are related to NexPoint Residential Trust include Rayonier (RYN), New Residential Investment (NRZ), Great Portland Estates (GPEAF), Howard Hughes (HHC), Corporate Office Properties Trust (OFC), Sabra Health Care REIT (SBRA), National Health Investors (NHI), Keppel REIT (KREVF), Taubman Centers (TCO), Lexington Realty Trust (LXP), Weingarten Realty Investors (WRI), EPR Properties (EPR), Potlatchdeltic (PCH), Apple Hospitality REIT (APLE) and Hannon Armstrong Sustnbl Infrstr Cap (HASI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Vistra Energy (VST), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), NVIDIA (NVDA), Pentair (PNR), Agree Realty (ADC), Chipotle Mexican Grill (CMG), Netflix (NFLX), Prologis (PLD) and AT&T (T).

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

NexPoint Residential Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.93%), Wellington Management Group LLP (4.75%), State Street Corp (2.81%), Centersquare Investment Management LLC (2.14%), Invesco Ltd. (1.31%) and Geode Capital Management LLC (1.22%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, James D Dondero, Matt Mcgraner and Matthew Goetz. View institutional ownership trends for NexPoint Residential Trust.

NXRT stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Russell Investments Group Ltd., Nuveen Asset Management LLC, New York State Common Retirement Fund, Deutsche Bank AG, Wells Fargo & Company MN, First Trust Advisors LP, and UBS Group AG. Company insiders that have sold NexPoint Residential Trust company stock in the last year include Brian Mitts, James D Dondero, and Matt Mcgraner. View insider buying and selling activity for NexPoint Residential Trust.

NXRT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Centersquare Investment Management LLC, Invesco Ltd., State Street Corp, Copeland Capital Management LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, and Narwhal Capital Management. Company insiders that have bought NexPoint Residential Trust stock in the last two years include James D Dondero, and Matthew Goetz. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of NXRT stock can currently be purchased for approximately $32.56.

NexPoint Residential Trust has a market capitalization of $791.18 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.

The official website for NexPoint Residential Trust is 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]