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NYSE:NXRTNexPoint Residential Trust Stock Price, Forecast & News

$31.46
-0.32 (-1.01 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$30.82
Now: $31.46
$32.04
50-Day Range
$21.69
MA: $28.25
$32.73
52-Week Range
$21.06
Now: $31.46
$52.87
Volume112,876 shs
Average Volume350,667 shs
Market Capitalization$764.45 million
P/E Ratio5.92
Dividend Yield3.97%
Beta1.05
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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NexPoint Residential Trust logo

Beat the Market (BTM) Rank

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

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$181.07 million
Cash Flow$6.85 per share
Book Value$17.03 per share

Profitability

Net Income$99.14 million

Miscellaneous

Employees2
Market Cap$764.45 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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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 23.9% and is now trading at $31.46. 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) announced its earnings results on Thursday, May, 7th. The financial services provider reported $1.08 EPS for the quarter, topping the 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. 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 yield of 3.97%. 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 1 year price objectives for NexPoint Residential Trust's stock. Their forecasts range from $30.00 to $53.00. On average, they expect NexPoint Residential Trust's stock price to reach $43.42 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price. View analysts' price targets for NexPoint Residential Trust.

Has NexPoint Residential Trust been receiving favorable news coverage?

News stories about NXRT stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. NexPoint Residential Trust earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. 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 days-to-cover ratio is currently 2.6 days. Currently, 3.8% of the company's shares are sold short. View NexPoint Residential Trust's Current Options Chain.

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), 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 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.

Which institutional 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 institutional 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 $31.46.

How big of a company is NexPoint Residential Trust?

NexPoint Residential Trust has a market capitalization of $764.45 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 5/25/2020 by MarketBeat.com Staff

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