NYSE:NXRTNexPoint Residential Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NexPoint Residential Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $32.01 -0.55 (-1.69 %) (As of 05/29/2020 11:36 AM ET) Add Compare Share Today's Range$31.47Now: $32.01▼$32.1350-Day Range$24.25MA: $29.42▼$32.9452-Week Range$21.06Now: $32.01▼$52.87Volume3,825 shsAverage Volume249,922 shsMarket Capitalization$777.84 millionP/E Ratio6.03Dividend Yield3.79%Beta1.05 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingNexPoint Residential Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.42, NexPoint Residential Trust has a potential upside of 35.6% from its current price of $32.01.Amount of Analyst CoverageNexPoint Residential Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesNexPoint Residential Trust has received 179 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNexPoint Residential Trust has received 140 “underperform” votes. (Add your “underperform” vote.)Community SentimentNexPoint Residential Trust has received 56.11% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipNexPoint Residential Trust is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNexPoint Residential Trust has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of NexPoint Residential Trust is 56.82 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, NexPoint Residential Trust will have a dividend payout ratio of 56.56 % next year. This indicates that NexPoint Residential Trust will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NexPoint Residential Trust insiders have sold 303.42% more of their company's stock than they have bought. Specifically, they have bought $7,433,390.00 in company stock and sold $29,987,607.00 in company stock.Percentage Held by InsidersOnly 11.60% of the stock of NexPoint Residential Trust is held by insiders.Percentage Held by Institutions80.12% of the stock of NexPoint Residential Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NexPoint Residential Trust are expected to grow by 8.33% in the coming year, from $2.04 to $2.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NexPoint Residential Trust is 6.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.80.Price to Earnings Ratio vs. SectorThe P/E ratio of NexPoint Residential Trust is 6.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.Price to Book Value per Share RatioNexPoint Residential Trust has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.50 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:NXRT Previous SymbolNASDAQ:NXRT CUSIPN/A CIK1620393 Webwww.nexpointliving.com Phone972-628-4100Debt Debt-to-Equity Ratio3.49 Current Ratio4.61 Quick Ratio4.61Price-To-Earnings Trailing P/E Ratio6.03 Forward P/E Ratio15.69 P/E GrowthN/A Sales & Book Value Annual Sales$181.07 million Price / Sales4.30 Cash Flow$6.65 per share Price / Cash Flow4.81 Book Value$16.14 per share Price / Book1.98Profitability EPS (Most Recent Fiscal Year)$2.20 Net Income$99.14 million Net Margins68.44% Return on Equity34.85% Return on Assets7.96%Miscellaneous Employees2 Outstanding Shares24,300,000Market Cap$777.84 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NXRT Rates by TradingView 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. NexPoint Residential Trust (NYSE:NXRT) Frequently Asked Questions How has NexPoint Residential Trust's stock been impacted by COVID-19 (Coronavirus)? NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NXRT shares have decreased by 22.6% and is now trading at $32.01. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of NexPoint Residential Trust? 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. When is NexPoint Residential Trust's next earnings date? 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. How were NexPoint Residential Trust's earnings last quarter? NexPoint Residential Trust Inc (NYSE:NXRT) released its earnings results on Thursday, May, 7th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.49. The financial services provider had revenue of $52.60 million for the quarter, compared to analyst estimates 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. 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 Friday, May 8th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.3125 per share on Tuesday, June 30th. This represents a $1.25 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Friday, June 12th. View NexPoint Residential Trust's dividend history. What price target have analysts set for NXRT? 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 35.6% from the stock's current price. View analysts' price targets for NexPoint Residential Trust. Has NexPoint Residential Trust been receiving favorable news coverage? News coverage about NXRT stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NexPoint Residential Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories 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. Are investors shorting NexPoint Residential Trust? NexPoint Residential Trust saw a increase in short interest in 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 short-interest ratio is currently 2.6 days. Approximately 3.8% of the company's stock are short sold. View NexPoint Residential Trust's Current Options Chain. Who are some of NexPoint Residential Trust's key competitors? 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. 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), 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). Who are NexPoint Residential Trust's key executives? NexPoint Residential Trust's management team includes the following 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. What is NexPoint Residential Trust's stock symbol? NexPoint Residential Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "NXRT." Who are NexPoint Residential Trust's major shareholders? NexPoint Residential Trust's stock is owned by a number of retail and institutional 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. Which major investors are selling NexPoint Residential Trust stock? 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. Which major investors are buying NexPoint Residential Trust stock? NXRT stock was purchased 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. 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, Robinhood, Fidelity, and Charles Schwab. What is NexPoint Residential Trust's stock price today? One share of NXRT stock can currently be purchased for approximately $32.01. How big of a company is NexPoint Residential Trust? NexPoint Residential Trust has a market capitalization of $777.84 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. What is NexPoint Residential Trust's official website? The official website for NexPoint Residential Trust is 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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
