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NYSE:NXRT

NexPoint Residential Trust (NXRT) Stock Price, News & Analysis

$47.30
-0.15 (-0.32%)
(As of 08/30/2024 08:55 PM ET)
Today's Range
$46.84
$48.37
50-Day Range
$37.97
$47.48
52-Week Range
$26.21
$48.37
Volume
106,400 shs
Average Volume
143,602 shs
Market Capitalization
$1.20 billion
P/E Ratio
16.71
Dividend Yield
3.91%
Price Target
$45.00

NexPoint Residential Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.9% Downside
$45.00 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.51
Upright™ Environmental Score
News Sentiment
1.09mentions of NexPoint Residential Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$78,800 Sold Last Quarter
Proj. Earnings Growth
-11.19%
From $2.86 to $2.54 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.00 out of 5 stars

Finance Sector

240th out of 882 stocks

Real Estate Investment Trusts Industry

42nd out of 176 stocks

NXRT stock logo

About NexPoint Residential Trust Stock (NYSE:NXRT)

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 NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

NXRT Stock Price History

NXRT Stock News Headlines

Our #1 Gold Trade for 2024
Gold is up a whopping 23% this year... Our #1 Gold play for 2024...
MAA Sep 2024 160.000 put (MAA240920P00160000)
Q2 2024 NexPoint Residential Trust Inc Earnings Call
Our #1 Gold Trade for 2024
Gold is up a whopping 23% this year... Our #1 Gold play for 2024...
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/30/2024
Today
9/01/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Previous Symbol
NASDAQ:NXRT
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.00
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
-4.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$44.26 million
Pretax Margin
32.95%

Debt

Sales & Book Value

Annual Sales
$277.53 million
Cash Flow
$5.64 per share
Book Value
$19.33 per share

Miscellaneous

Free Float
22,347,000
Market Cap
$1.20 billion
Optionable
Optionable
Beta
1.35
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NXRT Stock Analysis - Frequently Asked Questions

How have NXRT shares performed this year?

NexPoint Residential Trust's stock was trading at $34.43 at the beginning of the year. Since then, NXRT stock has increased by 37.4% and is now trading at $47.30.
View the best growth stocks for 2024 here
.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) posted its quarterly earnings results on Tuesday, July, 30th. The financial services provider reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.29. The financial services provider had revenue of $64.24 million for the quarter, compared to analyst estimates of $64.99 million. NexPoint Residential Trust had a net margin of 32.93% and a trailing twelve-month return on equity of 17.69%.

Who are NexPoint Residential Trust's major shareholders?

Top institutional investors of NexPoint Residential Trust include Long Pond Capital LP (2.39%), Dimensional Fund Advisors LP (1.32%), DigitalBridge Group Inc. (1.03%) and Bank of New York Mellon Corp (0.95%). Insiders that own company stock include Brian Mitts and Dennis Charles Sauter Jr.
View institutional ownership trends
.

How do I buy shares of NexPoint Residential Trust?

Shares of NXRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NexPoint Residential Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NexPoint Residential Trust investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Enterprise Products Partners (EPD), Intel (INTC), Vistra (VST) and Verizon Communications (VZ).

This page (NYSE:NXRT) was last updated on 9/2/2024 by MarketBeat.com Staff

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