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

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$35.85 +0.04 (+0.11 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$35.85
Today's Range$35.5550 - $36.1797
52-Week Range$25.20 - $40.23
Volume65,144 shs
Average Volume86,392 shs
Market Capitalization$847.60 million
P/E Ratio19.07
Dividend Yield3.07%
Beta0.56
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:NXRT
CUSIPN/A
Phone972-628-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$146.60 million
Cash Flow$2.0289 per share
Book Value$12.60 per share

Profitability

Net Income$-1,600,000.00

Miscellaneous

Employees2
Market Cap$847.60 million
Next Earnings Date4/30/2019 (Confirmed)
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 Wednesday, February 20th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.275 per share on Friday, March 29th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, March 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 data on Tuesday, February, 19th. The financial services provider reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.67. The financial services provider had revenue of $39.39 million for the quarter, compared to analyst estimates of $38.75 million. NexPoint Residential Trust had a negative net margin of 1.09% and a negative return on equity of 0.63%. View NexPoint Residential Trust's Earnings History.

When is NexPoint Residential Trust's next earnings date?

NexPoint Residential Trust is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for NexPoint Residential Trust.

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, February, 19th. The company provided EPS guidance of $1.87-1.87 for the period.

What price target have analysts set for NXRT?

4 Wall Street analysts have issued 1 year price targets for NexPoint Residential Trust's stock. Their predictions range from $32.00 to $41.00. On average, they expect NexPoint Residential Trust's share price to reach $37.25 in the next year. This suggests a possible upside of 3.9% from the stock's current price. 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 and 3 buy ratings 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. " (2/8/2019)
  • 2. Boenning Scattergood analysts commented, "We are initiating coverage of NexPoint Residential Trust (NXRT) with an Outperform rating and a price target of $35.00, even though the stock trades at a premium to the peer group and near its 52-week high. What we like about this company is that it has delivered steady growth in NAV, resulting in a high total return to shareholders. It has strong same store sales driven by its value-add renovation program that brings lifestyle amenities to workforce housing. NXRT is externally managed, but fees to the manager are capped and there is no incentive fee. We think the manager’s high level of ownership (>22%) helps align interests of shareholders and manager." (9/17/2018)

Has NexPoint Residential Trust been receiving favorable news coverage?

News articles about NXRT stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NexPoint Residential Trust earned a news sentiment score of 2.6 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the immediate future.

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

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 Vistra Energy (VST), Chipotle Mexican Grill (CMG), CARBO Ceramics (CRR), Hudson Technologies (HDSN), Pentair (PNR), BJ's Restaurants (BJRI), Aegean Marine Petroleum Network (ANW), Continental Resources (CLR), Nextera Energy Partners (NEP) and Terex (TEX).

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 many different of institutional and retail investors. Top institutional investors include Chartwell Investment Partners LLC (0.30%), Strs Ohio (0.12%), Capital Investment Advisors LLC (0.12%), RMR Advisors LLC (0.09%) and Nisa Investment Advisors LLC (0.03%). 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 RMR Advisors LLC, Strs Ohio and Capital Investment Advisors 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 Chartwell Investment Partners LLC and Nisa Investment Advisors LLC. 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 $35.85.

How big of a company is NexPoint Residential Trust?

NexPoint Residential Trust has a market capitalization of $847.60 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?

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  215
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 4/20/2019 by MarketBeat.com Staff

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