NexPoint Residential Trust Stock Forecast, Price & News

NexPoint Residential Trust's stock was trading at $41.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NXRT shares have increased by 2.8% and is now trading at $42.52.
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2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NexPoint Residential Trust stock.
View analyst ratings for NexPoint Residential Trust or view MarketBeat's top 5 stock picks.

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NexPoint Residential Trust is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for NexPoint Residential Trust.

NexPoint Residential Trust, Inc. (NYSE:NXRT) announced its quarterly earnings results on Tuesday, October, 27th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.64. NexPoint Residential Trust had a return on equity of 8.95% and a net margin of 17.17%.
View NexPoint Residential Trust's earnings history.

NexPoint Residential Trust declared a quarterly dividend on Tuesday, October 27th. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.341 per share on Thursday, December 31st. This represents a $1.36 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Monday, December 14th. This is a boost from NexPoint Residential Trust's previous quarterly dividend of $0.31.
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 3.26%. NexPoint Residential Trust has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of NexPoint Residential Trust is 62.27%. 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 58.55% next year. This indicates that NexPoint Residential Trust will be able to sustain or increase its dividend.
View NexPoint Residential Trust's dividend history.

2 Wall Street analysts have issued twelve-month target prices for NexPoint Residential Trust's stock. Their forecasts range from $30.00 to $49.00. On average, they anticipate NexPoint Residential Trust's share price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 3.6%.
View analysts' price targets for NexPoint Residential Trust or view Wall Street analyst' top-rated stocks.

Some companies that are related to NexPoint Residential Trust include Healthcare Realty Trust (HR), Highwoods Properties (HIW), MGM Growth Properties (MGP), QTS Realty Trust (QTS), New Residential Investment (NRZ), Blackstone Mortgage Trust (BXMT), Agree Realty (ADC), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), Physicians Realty Trust (DOC), Sabra Health Care REIT (SBRA), PotlatchDeltic (PCH), Equity Commonwealth (EQC), Keppel REIT (KREVF) and National Health Investors (NHI).
View all of NXRT's competitors.

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 shareholders include State of Alaska Department of Revenue (0.10%). Company insiders that own NexPoint Residential Trust stock include 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 State of Alaska Department of Revenue. Company insiders that have sold NexPoint Residential Trust company stock in the last year include Brian Mitts, James D Dondero, and Matt Mcgraner.
View insider buying and selling activity for NexPoint Residential Trust or view top insider-selling stocks.

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.

One share of NXRT stock can currently be purchased for approximately $42.52.

NexPoint Residential Trust has a market capitalization of $1.05 billion and generates $181.07 million in revenue each year. The financial services provider earns $99.14 million in net income (profit) each year or $2.20 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'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]