NexPoint 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone972-628-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$146.60 million
Profitability
Miscellaneous
Employees2
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Tuesday, April 30th. Investors of record on Friday, June 14th will be given a dividend of $0.275 per share on Friday, June 28th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Thursday, June 13th. 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, April, 30th. The financial services provider reported ($0.19) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.63. The financial services provider had revenue of $41.50 million for the quarter, compared to analyst estimates of $41.83 million. NexPoint Residential Trust had a negative return on equity of 6.13% and a negative net margin of 10.49%. View NexPoint Residential Trust's Earnings History.
When is NexPoint Residential Trust's next earnings date?
What guidance has NexPoint Residential Trust issued on next quarter's earnings?
NexPoint Residential Trust issued an update on its FY 2019 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of $1.87-1.87 for the period.
What price target have analysts set for NXRT?
4 brokerages have issued 1 year price targets for NexPoint Residential Trust's shares. Their predictions range from $32.00 to $44.00. On average, they anticipate NexPoint Residential Trust's share price to reach $38.00 in the next twelve months. This suggests that the stock has a possible downside of 5.0%. View Analyst Price Targets for NexPoint Residential Trust.
What is the consensus analysts' recommendation for NexPoint Residential Trust?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NexPoint Residential Trust.
What are Wall Street analysts saying about NexPoint Residential Trust stock?
Here are some recent quotes from research analysts about NexPoint Residential Trust stock:
- 1. According to Zacks Investment Research, "NexPoint Residential Trust, Inc. is engaged in acquiring, owning, operating and selectively developing multifamily properties. It operates primarily in the Southeastern United States and Texas. NexPoint Residential Trust, Inc. is based in Dallas, United States. " (5/7/2019)
- 2. Boenning Scattergood analysts commented, "We believe that the market awards a premium valuation to REITs that can consistently grow NAV, and we think NAV will rise from our estimate of $31.85 at year-end 2018 to $37.00 at year- end 2019, based on annualized 4Q property net operating income in each year. REITs that trade at a premium valuation are in a better position to create value for shareholders because they can issue equity to accretively buy assets. We maintain our Neutral rating solely on valuation; we believe the best time to buy the stock is on price weakness. We find the clear and long runway for continued NAV accretion through capital recycling and value-add renovation to be fundamentally appealing and would view any pullback as an opportunity for share accumulation." (5/1/2019)
Has NexPoint Residential Trust been receiving favorable news coverage?
News headlines about NXRT stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NexPoint Residential Trust earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are some of NexPoint Residential Trust's key competitors?
Some companies that are related to NexPoint Residential Trust include Weingarten Realty Investors (WRI), Stag Industrial (STAG), Apple Hospitality REIT (APLE), Outfront Media (OUT), Two Harbors Investment (TWO), LaSalle Hotel Properties (LHO), Sabra Health Care REIT (SBRA), CHIMERA INVT CO/SH NEW (CIM), National Health Investors (NHI), Physicians Realty Trust (DOC), Paramount Group (PGRE), MFA FINL INC/SH (MFA), RLJ Lodging Trust (RLJ), Corporate Office Properties Trust (OFC) and Hammerson (HMSNF).
What other stocks do shareholders of NexPoint Residential Trust own?
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 56)
- Mr. Brian Dale Mitts CPA, Exec. VP of Fin., Treasurer, CFO, Sec. & Director (Age 49)
- Mr. Matthew McGraner J.D., Chief Investment Officer & Exec. VP (Age 35)
- Mr. Matthew X. Goetz, Sr. VP of Investments & Asset Management (Age 33)
- Jackie Graham, Investor Relations Mang.
Who are NexPoint Residential Trust's major shareholders?
NexPoint Residential Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (7.95%), BlackRock Inc. (6.25%), Renaissance Technologies LLC (5.50%), Cbre Clarion Securities LLC (1.57%), Boston Partners (1.25%) and Goldman Sachs Group Inc. (1.17%). 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 Boston Partners, Cbre Clarion Securities LLC, Wells Fargo & Company MN, Morgan Stanley, Opus Capital Group LLC, Martingale Asset Management L P, Renaissance Technologies LLC and ClariVest Asset Management LLC. View Insider Buying and Selling for NexPoint Residential Trust.
Which major investors are buying NexPoint Residential Trust stock?
NXRT stock was acquired by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., Wellington Management Group LLP, Goldman Sachs Group Inc., Chartwell Investment Partners LLC, State of New Jersey Common Pension Fund D, BlackRock Inc., New York State Common Retirement Fund and JPMorgan Chase & Co.. 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 $40.00.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $945.60 million and generates $146.60 million in revenue each year. The financial services provider earns $-1,600,000.00 in net income (profit) each year or $1.88 on an earnings per share basis. NexPoint Residential Trust employs 2 workers across the globe.
What is NexPoint Residential Trust's official website?
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 (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 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.
