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

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$37.02 +1.18 (+3.29 %)
(As of 03/22/2019 06:35 AM ET)
Previous Close$35.84
Today's Range$35.81 - $37.08
52-Week Range$23.75 - $38.70
Volume85,723 shs
Average Volume80,329 shs
Market Capitalization$872.93 million
P/E Ratio19.69
Dividend Yield3.07%
Beta0.55
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$2.1424 per share
Book Value$12.60 per share

Profitability

Net Income$-1,600,000.00

Miscellaneous

Employees2
Market Cap$872.93 million
Next Earnings Date5/7/2019 (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 Wednesday, February 20th. Shareholders of record on Friday, March 15th will be given a dividend of $0.275 per share on Friday, March 29th. This represents a $1.10 dividend on an annualized basis and a yield of 2.97%. 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 earnings results on Tuesday, February, 19th. The financial services provider reported ($0.21) 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 the consensus estimate of $38.75 million. NexPoint Residential Trust had a negative return on equity of 0.63% and a negative net margin of 1.09%. 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, May 7th 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 analysts have issued twelve-month price targets for NexPoint Residential Trust's shares. Their forecasts range from $32.00 to $41.00. On average, they anticipate NexPoint Residential Trust's share price to reach $37.25 in the next year. This suggests a possible upside of 0.6% 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?

Media coverage about NXRT stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NexPoint Residential Trust earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near 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 CARBO Ceramics (CRR), Chipotle Mexican Grill (CMG), Hudson Technologies (HDSN), Pentair (PNR), Terex (TEX), USG (USG), Aegean Marine Petroleum Network (ANW), Rose Rock Midstream (RRMS), BJ's Restaurants (BJRI) and Vistra Energy (VST).

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 & Director (Age 49)
  • Mr. Matthew McGraner J.D., Chief Investment Officer & Exec. VP (Age 35)
  • Mr. Scott Byron Ellington, Gen. Counsel and Sec. (Age 47)
  • Mr. Matthew X. Goetz, Sr. VP of Investments & Asset Management (Age 33)

Who are NexPoint Residential Trust's major shareholders?

NexPoint Residential Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.05%), Boston Partners (1.59%), Northern Trust Corp (1.06%), Dimensional Fund Advisors LP (1.06%), Dimensional Fund Advisors LP (1.05%) and Nuveen Asset Management LLC (1.00%). 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 Millennium Management LLC, Martingale Asset Management L P, Prudential Financial Inc., Acadian Asset Management LLC, Victory Capital Management Inc., Connor Clark & Lunn Investment Management Ltd., Los Angeles Capital Management & Equity Research Inc. and Wedge Capital Management L L P NC. View Insider Buying and Selling for NexPoint Residential Trust.

Which institutional investors are buying NexPoint Residential Trust stock?

NXRT stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., New York State Common Retirement Fund, Boston Partners, Public Employees Retirement System of Ohio, Geode Capital Management LLC, Geode Capital Management LLC and Opus Capital Group 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 $37.02.

How big of a company is NexPoint Residential Trust?

NexPoint Residential Trust has a market capitalization of $872.93 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:  116 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  213
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 3/22/2019 by MarketBeat.com Staff

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