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.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone972-628-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$146.60 million
Profitability
Miscellaneous
Employees2
Next Earnings Date10/29/2019 (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 declared a quarterly dividend on Tuesday, July 30th. Stockholders of record on Friday, September 13th will be paid a dividend of $0.275 per share on Monday, September 30th. This represents a $1.10 annualized dividend and a dividend yield of 2.19%. 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) announced its earnings results on Tuesday, July, 30th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate 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 return on equity of 6.07% and a negative net margin of 10.21%. View NexPoint Residential Trust's Earnings History.
When is NexPoint Residential Trust's next earnings date?
How can I listen to NexPoint Residential Trust's earnings call?
NexPoint Residential Trust will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has NexPoint Residential Trust issued on next quarter's earnings?
NexPoint Residential Trust issued an update on 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 earnings per share estimate of $1.88.
What price target have analysts set for NXRT?
7 equities research analysts have issued 1-year target prices for NexPoint Residential Trust's shares. Their forecasts range from $41.00 to $51.00. On average, they expect NexPoint Residential Trust's share price to reach $46.25 in the next twelve months. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for NexPoint Residential Trust.
What is the consensus analysts' recommendation for 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 2 hold ratings, 4 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. " (10/16/2019)
- 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?
News stories about NXRT stock have been trending somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of press coverage by monitoring 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 closest to five being the most favorable. NexPoint Residential Trust earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for NexPoint Residential Trust.
Are investors shorting NexPoint Residential Trust?
NexPoint Residential Trust saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 358,600 shares, a decrease of 18.5% from the August 30th total of 440,200 shares. Based on an average daily trading volume, of 100,800 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.7% of the company's shares 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 Eastgroup Properties (EGP), Highwoods Properties (HIW), CoreSite Realty (COR), Sabra Health Care REIT (SBRA), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), Hospitality Properties Trust (SVC), Macerich (MAC), Outfront Media (OUT), Stag Industrial (STAG), Equity Commonwealth (EQC), CHIMERA INVT CO/SH NEW (CIM), Weingarten Realty Investors (WRI), Rayonier (RYN) and Two Harbors Investment (TWO).
What other stocks do shareholders of NexPoint Residential Trust own?
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 a number of of retail and institutional investors. Top institutional shareholders include Jaguar Listed Property LLC (0.28%), Envestnet Asset Management Inc. (0.05%), Stephens Inc. AR (0.05%), Nisa Investment Advisors LLC (0.04%), Bailard Inc. (0.03%) and CIBC Private Wealth Group LLC (0.02%). View Institutional Ownership Trends for NexPoint Residential Trust.
Which institutional investors are selling NexPoint Residential Trust stock?
Which institutional investors are buying NexPoint Residential Trust stock?
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 $50.16.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $1.20 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?
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)
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.
