NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report) shares traded down 5.8% during trading on Tuesday . The stock traded as low as $24.69 and last traded at $24.4160. Approximately 190,283 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 221,478 shares. The stock had previously closed at $25.91.
Analysts Set New Price Targets
NXRT has been the topic of several recent analyst reports. Zacks Research raised NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Truist Financial cut their price objective on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of NexPoint Residential Trust in a report on Monday, July 20th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $22.00.
Get Our Latest Report on NexPoint Residential Trust
NexPoint Residential Trust Trading Up 0.9%
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.03. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.The business had revenue of $64.61 million for the quarter, compared to analysts’ expectations of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, equities analysts expect that NexPoint Residential Trust, Inc. will post 2.36 earnings per share for the current year.
NexPoint Residential Trust Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is -166.93%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Tudor Investment Corp ET AL raised its stake in shares of NexPoint Residential Trust by 63.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 129,137 shares of the financial services provider’s stock worth $4,161,000 after purchasing an additional 49,902 shares in the last quarter. UBS Group AG raised its holdings in shares of NexPoint Residential Trust by 44.7% in the 4th quarter. UBS Group AG now owns 115,555 shares of the financial services provider’s stock valued at $3,478,000 after purchasing an additional 35,683 shares during the period. Vanguard Group Inc. lifted its stake in NexPoint Residential Trust by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock valued at $73,325,000 after purchasing an additional 70,310 shares during the last quarter. Marnell Management LLC bought a new position in NexPoint Residential Trust during the fourth quarter worth about $5,220,000. Finally, Strs Ohio grew its holdings in NexPoint Residential Trust by 24.1% during the fourth quarter. Strs Ohio now owns 146,900 shares of the financial services provider’s stock worth $4,422,000 after purchasing an additional 28,500 shares during the period. 76.61% of the stock is currently owned by institutional investors.
NexPoint Residential Trust Company Profile
NexPoint Residential Trust is a real estate investment trust focused on the acquisition, leasing and management of single‐family rental homes across the United States. The company targets suburban and Sun Belt markets with favorable demographic trends, seeking to build a diversified portfolio of standalone residences that serve the growing demand for quality rental housing. By concentrating on professionally managed homes rather than multi‐family apartments, NexPoint Residential Trust aims to offer tenants the benefits of privacy and space, while generating predictable rental income for investors.
The firm’s investment strategy combines direct acquisitions of built single‐family homes with selective joint ventures and partnerships to optimize scale and geographic diversification.
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