NexPoint Residential Trust Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NexPoint Residential Trust stock.
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NexPoint Residential Trust saw a increase in short interest in May. As of May 14th, there was short interest totaling 367,800 shares, an increase of 23.6% from the April 29th total of 297,500 shares. Based on an average trading volume of 120,800 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.6% of the shares of the company are short sold.
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NexPoint Residential Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for NexPoint Residential Trust.

NexPoint Residential Trust, Inc. (NYSE:NXRT) issued its quarterly earnings results on Tuesday, April, 27th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.30) by $0.03. NexPoint Residential Trust had a net margin of 4.48% and a trailing twelve-month return on equity of 2.32%.
View NexPoint Residential Trust's earnings history.

NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NXRT shares have increased by 32.5% and is now trading at $54.81.
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NexPoint Residential Trust declared a quarterly dividend on Tuesday, April 27th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.341 per share on Wednesday, June 30th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Monday, June 14th.
View NexPoint Residential Trust's dividend history.

NexPoint Residential Trust pays an annual dividend of $1.37 per share and currently has a dividend yield of 2.43%. NexPoint Residential Trust has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of NexPoint Residential Trust is 55.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NexPoint Residential Trust will have a dividend payout ratio of 53.52% next year. This indicates that NexPoint Residential Trust will be able to sustain or increase its dividend.
View NexPoint Residential Trust's dividend history.

NexPoint Residential Trust updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of 2.290-2.290 for the period. The company issued revenue guidance of -.

1 analysts have issued 1 year price objectives for NexPoint Residential Trust's stock. Their forecasts range from $44.00 to $53.00. On average, they expect NexPoint Residential Trust's stock price to reach $48.50 in the next year. This suggests that the stock has a possible downside of 11.5%.
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Some companies that are related to NexPoint Residential Trust include The Howard Hughes (HHC), SL Green Realty (SLG), QTS Realty Trust (QTS), New Residential Investment (NRZ), Rayonier (RYN), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Ryman Hospitality Properties (RHP), Agree Realty (ADC), JBG SMITH Properties (JBGS), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Healthcare Realty Trust (HR), PS Business Parks (PSB), Physicians Realty Trust (DOC) and Weingarten Realty Investors (WRI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other NexPoint Residential Trust investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Enterprise Products Partners (EPD), Intel (INTC), Vistra (VST), Verizon Communications (VZ), Accenture (ACN), Bank of America (BAC) and Chevron (CVX).

NexPoint Residential Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "NXRT."

NexPoint Residential Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.21%), Goldman Sachs Group Inc. (3.39%), Copeland Capital Management LLC (2.86%), Kennedy Capital Management Inc. (2.00%), Renaissance Technologies LLC (1.96%) and Highland Capital Management Fund Advisors L.P. (1.93%). Company insiders that own NexPoint Residential Trust stock include Arthur B Laffer, Brian Mitts, Catherine D Wood, James D Dondero, Matt Mcgraner and Matthew Goetz.
View institutional ownership trends for NexPoint Residential Trust.

NXRT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Nicholas Company Inc., Millennium Management LLC, Jane Street Group LLC, Kennedy Capital Management Inc., Canada Pension Plan Investment Board, Crown Advisors Management Inc., and UBS Group AG.
View insider buying and selling activity for NexPoint Residential Trust or view top insider-selling stocks.

NXRT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., Peregrine Capital Management LLC, BlackRock Inc., Citadel Advisors LLC, Geode Capital Management LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have bought NexPoint Residential Trust stock in the last two years include Arthur B Laffer, Catherine D Wood, James D Dondero, and Matthew Goetz.
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Shares of NXRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NXRT stock can currently be purchased for approximately $54.81.

NexPoint Residential Trust has a market capitalization of $1.38 billion and generates $204.80 million in revenue each year. The financial services provider earns $44.02 million in net income (profit) each year or $2.47 on an earnings per share basis.

NexPoint Residential Trust employs 3 workers across the globe.

The official website for NexPoint Residential Trust is www.nexpointliving.com.

NexPoint Residential Trust is headquartered at 300 CRESCENT COURT SUITE 700, DALLAS TX, 75201.

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]