NexPoint Residential Trust (NYSE:NXRT) Sets New 12-Month Low – Time to Sell?

NexPoint Residential Trust, Inc. (NYSE:NXRT)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $22.10 and last traded at $22.1360, with a volume of 21879 shares trading hands. The stock had previously closed at $22.87.

Analysts Set New Price Targets

A number of equities analysts have weighed in on NXRT shares. Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Zacks Research lowered shares of NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $23.00 price target on shares of NexPoint Residential Trust in a research report on Wednesday, September 9th. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NexPoint Residential Trust presently has an average rating of “Reduce” and an average target price of $24.50.

NexPoint Residential Trust Stock Down 2.4%

The stock has a market capitalization of $570.25 million, a price-to-earnings ratio of -16.79, a price-to-earnings-growth ratio of 0.59 and a beta of 1.15. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 6.41. The business’s 50-day moving average is $25.18 and its two-hundred day moving average is $26.62.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.03. The company had revenue of $64.61 million during the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Equities analysts anticipate that NexPoint Residential Trust, Inc. will post 2.25 EPS for the current year.

NexPoint Residential Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 9.5%. NexPoint Residential Trust’s dividend payout ratio (DPR) is presently -159.40%.

Institutional Trading of NexPoint Residential Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP purchased a new position in shares of NexPoint Residential Trust during the 2nd quarter worth $33,000. Ameritas Advisory Services LLC acquired a new stake in NexPoint Residential Trust during the second quarter worth about $39,000. PNC Financial Services Group Inc. increased its position in NexPoint Residential Trust by 29.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 397 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in NexPoint Residential Trust during the second quarter worth about $51,000. Finally, IFM Investors Pty Ltd purchased a new position in NexPoint Residential Trust during the first quarter worth about $90,000. 76.61% of the stock is owned by institutional investors and hedge funds.

About NexPoint Residential Trust

NexPoint Residential Trust, Inc is a real estate investment trust (REIT) that owns and operates multifamily apartment communities in the United States. The company focuses primarily on workforce housing and value-add properties, seeking to improve communities through renovations, property management initiatives and other capital improvements.

NexPoint Residential Trust’s portfolio has historically been concentrated in the Sun Belt, including markets across the southeastern and southwestern United States.