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

$47.38
+0.41 (+0.87 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$47.17
Now: $47.38
$47.94
50-Day Range
$40.79
MA: $45.58
$47.02
52-Week Range
$31.64
Now: $47.38
$47.94
Volume71,300 shs
Average Volume90,158 shs
Market Capitalization$1.13 billion
P/E Ratio25.20
Dividend Yield2.34%
Beta0.39
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. Read More…

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$2.1077 per share
Book Value$12.60 per share

Profitability

Net Income$-1,600,000.00

Miscellaneous

Employees2
Market Cap$1.13 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, July 30th. Stockholders of record on Friday, September 13th will be given a dividend of $0.275 per share on Monday, September 30th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Thursday, September 12th. View NexPoint Residential Trust's Dividend History.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust Inc (NYSE:NXRT) posted its earnings results on Tuesday, July, 30th. The financial services provider reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.54. The financial services provider had revenue of $43.07 million for the quarter, compared to analyst estimates of $43.05 million. NexPoint Residential Trust had a negative net margin of 10.21% and a negative return on equity of 6.07%. 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, October 29th 2019. View Earnings Estimates for NexPoint Residential Trust.

What guidance has NexPoint Residential Trust issued on next quarter's earnings?

NexPoint Residential Trust updated its FY19 earnings guidance on Wednesday, August, 14th. The company provided earnings per share (EPS) guidance of $1.92 for the period, compared to the Thomson Reuters consensus estimate of $1.88.

What price target have analysts set for NXRT?

5 Wall Street analysts have issued 1-year price objectives for NexPoint Residential Trust's stock. Their predictions range from $41.00 to $51.00. On average, they expect NexPoint Residential Trust's share price to reach $45.6250 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for NexPoint Residential Trust.

What is the consensus analysts' recommendation for NexPoint Residential Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 hold rating, 3 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. " (9/17/2019)
  • 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?

Press coverage about NXRT stock has trended negative on Thursday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring 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 closest to five being the most favorable. NexPoint Residential Trust earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave news articles 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 stock's share price in the next several days. View News Stories for NexPoint Residential Trust.

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 Vanguard Group Inc. (8.91%), BlackRock Inc. (6.41%), Renaissance Technologies LLC (5.15%), Russell Investments Group Ltd. (1.43%), Rothschild & Co. Asset Management US Inc. (1.33%) and Penn Capital Management Co. Inc. (1.10%). 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 Russell Investments Group Ltd., Boston Partners, Jacobs Levy Equity Management Inc., Renaissance Technologies LLC, Public Employees Retirement System of Ohio, Bank of New York Mellon Corp, JPMorgan Chase & Co. and Teachers Insurance & Annuity Association of America. 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 Penn Capital Management Co. Inc., Rothschild & Co. Asset Management US Inc., Vanguard Group Inc., Nuveen Asset Management LLC, Wells Fargo & Company MN, Citadel Advisors LLC, Cadence Capital Management LLC and BlackRock Inc.. 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, 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 $47.38.

How big of a company is NexPoint Residential Trust?

NexPoint Residential Trust has a market capitalization of $1.13 billion 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.View Additional Information About NexPoint Residential Trust.

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:  2.8 out of 5 (star star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  118 (Vote Underperform)
Total Votes:  264
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 9/19/2019 by MarketBeat.com Staff

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