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. More information about NXRT is available at http://www.nexpointliving.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:NXRT
CUSIPN/A
Phone972-628-4100
Debt
Debt-to-Equity Ratio3.10
Current Ratio3.12
Quick Ratio3.12
Price-To-Earnings
Trailing P/E Ratio24.30
Forward P/E Ratio17.23
P/E Growth1.04
Sales & Book Value
Annual Sales$144.24 million
Price / Sales4.09
Cash Flow$4.9877 per share
Price / Cash5.70
Book Value$11.37 per share
Price / Book2.50
Profitability
EPS (Most Recent Fiscal Year)$1.17
Net Income$53.37 million
Net Margins47.13%
Return on Equity28.96%
Return on Assets6.29%
Miscellaneous
Employees2
Outstanding Shares20,760,000
Market Cap$589.77
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, May 1st. Investors of record on Friday, June 15th will be paid a dividend of $0.25 per share on Friday, June 29th. This represents a $1.00 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Thursday, June 14th. View NexPoint Residential Trust's Dividend History.
How were NexPoint Residential Trust's earnings last quarter?
NexPoint Residential Trust Inc (NYSE:NXRT) posted its quarterly earnings results on Tuesday, May, 1st. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.06. The financial services provider had revenue of $35.06 million for the quarter, compared to analyst estimates of $36.12 million. NexPoint Residential Trust had a net margin of 47.13% and a return on equity of 28.96%. View NexPoint Residential Trust's Earnings History.
When is NexPoint Residential Trust's next earnings date?
What price target have analysts set for NXRT?
6 brokers have issued 1-year target prices for NexPoint Residential Trust's shares. Their predictions range from $27.00 to $32.00. On average, they anticipate NexPoint Residential Trust's stock price to reach $28.75 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Ratings for NexPoint Residential Trust.
What is the consensus analysts' recommendation for NexPoint Residential Trust?
6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of NexPoint Residential Trust's key competitors?
Some companies that are related to NexPoint Residential Trust include Apollo Commercial Real Est. Finance (ARI), Tanger Factory Outlet Centers (SKT), MGM Growth Properties (MGP), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), QTS Realty Trust Inc Class A (QTS), Lexington Realty Trust (LXP), Select Income REIT (SIR), Chesapeake Lodging Trust (CHSP), Alexander's (ALX), Quality Care Properties (QCP), American Assets Trust (AAT), Invesco Mortgage Capital (IVR), Mack Cali Realty (CLI) and Ladder Capital (LADR).
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 55)
- Mr. Brian Dale Mitts CPA, EVP of Fin., Treasurer, CFO & Director (Age 48)
- Mr. Matthew McGraner J.D., Chief Investment Officer and Exec. VP (Age 34)
- Mr. Scott Byron Ellington, Gen. Counsel and Sec. (Age 46)
- Mr. Matthew X. Goetz, Sr. VP of Investments and Asset Management (Age 32)
Has NexPoint Residential Trust been receiving favorable news coverage?
Media headlines about NXRT stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NexPoint Residential Trust earned a coverage optimism score of 0.16 on Accern's scale. They also gave news articles about the financial services provider an impact score of 46.28 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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 Capital Investment Advisors LLC (0.15%). Company insiders that own NexPoint Residential Trust stock include Brian Mitts, Edward N Constantino, James D Dondero and Matt Mcgraner. View Institutional Ownership Trends for NexPoint Residential Trust.
Which institutional investors are selling 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, 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 $28.43.
How big of a company is NexPoint Residential Trust?
NexPoint Residential Trust has a market capitalization of $589.77 million and generates $144.24 million in revenue each year. The financial services provider earns $53.37 million in net income (profit) each year or $1.17 on an earnings per share basis. NexPoint Residential Trust employs 2 workers across the globe.
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.
