NexPoint Residential Trust - NXRT Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NXRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NXRT, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued 1 year price objectives for NexPoint Residential Trust's shares. Their NXRT share price forecasts range from $45.00 to $95.00. On average, they expect the company's share price to reach $65.83 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price.
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NexPoint Residential Trust's stock was trading at $43.52 at the beginning of 2023. Since then, NXRT shares have increased by 10.5% and is now trading at $48.10.
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NexPoint Residential Trust saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 612,300 shares, an increase of 58.4% from the December 15th total of 386,600 shares. Based on an average trading volume of 143,500 shares, the short-interest ratio is currently 4.3 days. Approximately 2.7% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our NXRT earnings forecast.

NexPoint Residential Trust, Inc. (NYSE:NXRT) released its quarterly earnings results on Tuesday, February, 15th. The financial services provider reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.49. NexPoint Residential Trust had a trailing twelve-month return on equity of 5.09% and a net margin of 10.17%. During the same quarter in the previous year, the firm posted $0.63 EPS.

NexPoint Residential Trust announced a quarterly dividend on Tuesday, October 25th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.42 per share on Friday, December 30th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Wednesday, December 14th. This is an increase from the stock's previous quarterly dividend of $0.38.
Read our dividend analysis for NXRT.

NexPoint Residential Trust (NYSE:NXRT) pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.58%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 168.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NXRT will have a dividend payout ratio of 52.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NXRT.

NexPoint Residential Trust updated its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided EPS guidance of $3.08-$3.08 for the period. The company issued revenue guidance of -.

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 variety of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (4.12%), Peregrine Capital Management LLC (1.00%), Graybill Bartz & Assoc Ltd. (0.24%), Strs Ohio (0.17%), Capital Investment Advisors LLC (0.07%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Arthur B Laffer, Brian Mitts, Catherine D Wood, Dennis Charles Sauter Jr, James D Dondero, Matt Mcgraner, Matthew Goetz and Nicolas Sokolow.
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Shares of NXRT stock 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 $48.10.

NexPoint Residential Trust (NYSE:NXRT) has a market capitalization of $1.23 billion and generates $219.24 million in revenue each year. The financial services provider earns $23.04 million in net income (profit) each year or $1.00 on an earnings per share basis.

NexPoint Residential Trust's mailing address is 300 CRESCENT COURT SUITE 700, DALLAS TX, 75201. The official website for the company is www.nexpointliving.com. The financial services provider can be reached via phone at (972) 628-4100 or via email at jgraham@highlandcapital.com.