NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives $27.00 Consensus Price Target from Brokerages

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have received an average rating of “Reduce” from the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $27.00.

A number of brokerages have recently issued reports on NXRT. Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Truist Financial decreased their target price on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Zacks Research upgraded NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a report on Thursday, June 4th. Wall Street Zen cut NexPoint Residential Trust from a “hold” rating to a “sell” rating in a report on Sunday, May 31st. Finally, Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th.

NexPoint Residential Trust Stock Up 4.4%

Shares of NYSE:NXRT opened at $28.52 on Friday. The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.40 and a current ratio of 2.40. NexPoint Residential Trust has a 1 year low of $23.79 and a 1 year high of $35.08. The stock has a market capitalization of $727.00 million, a P/E ratio of -22.46 and a beta of 1.19. The stock has a 50-day simple moving average of $28.31 and a 200-day simple moving average of $28.38.

NexPoint Residential Trust (NYSE:NXRT) last issued its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.10. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.The business had revenue of $63.54 million during the quarter, compared to analysts’ expectations of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Equities analysts forecast that NexPoint Residential Trust will post 2.16 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Monday, June 15th. NexPoint Residential Trust’s dividend payout ratio is currently -166.93%.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Federation des caisses Desjardins du Quebec boosted its holdings in NexPoint Residential Trust by 27.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 386 shares during the period. PNC Financial Services Group Inc. boosted its holdings in NexPoint Residential Trust by 29.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 397 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in NexPoint Residential Trust by 4.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock worth $285,000 after acquiring an additional 402 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in NexPoint Residential Trust by 0.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 53,707 shares of the financial services provider’s stock worth $1,617,000 after acquiring an additional 421 shares during the period. Finally, Aberdeen Group plc boosted its holdings in NexPoint Residential Trust by 6.5% in the 4th quarter. Aberdeen Group plc now owns 8,055 shares of the financial services provider’s stock worth $242,000 after acquiring an additional 493 shares during the period. Hedge funds and other institutional investors own 76.61% of the company’s stock.

About NexPoint Residential Trust

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.