Zacks Research Upgrades NexPoint Residential Trust (NYSE:NXRT) to Hold

NexPoint Residential Trust (NYSE:NXRT) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other research analysts also recently commented on NXRT. Truist Financial dropped their price objective on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Raymond James Financial reiterated an “underperform” rating on shares of NexPoint Residential Trust in a report on Friday, February 27th. Wall Street Zen downgraded NexPoint Residential Trust from a “hold” rating to a “sell” rating in a report on Sunday, May 31st. Finally, Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $27.00.

NexPoint Residential Trust Trading Up 0.5%

NXRT opened at $28.98 on Thursday. NexPoint Residential Trust has a one year low of $23.79 and a one year high of $35.22. The company has a market cap of $738.70 million, a P/E ratio of -22.82 and a beta of 1.19. The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.40 and a current ratio of 2.40. The business’s 50-day simple moving average is $27.52 and its 200-day simple moving average is $28.74.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. As a group, equities research analysts expect that NexPoint Residential Trust will post 2.2 EPS for the current fiscal year.

Insider Transactions at NexPoint Residential Trust

In other news, insider Matt Mcgraner bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of $24.37 per share, with a total value of $48,740.00. Following the transaction, the insider directly owned 331,334 shares in the company, valued at $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Paul Richards bought 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of $24.81 per share, with a total value of $37,215.00. Following the completion of the transaction, the insider owned 30,359 shares in the company, valued at approximately $753,206.79. This trade represents a 5.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders purchased 7,700 shares of company stock valued at $195,987. Insiders own 16.63% of the company’s stock.

Institutional Trading of NexPoint Residential Trust

Hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC lifted its position in NexPoint Residential Trust by 205.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 576 shares during the period. PNC Financial Services Group Inc. lifted its position in NexPoint Residential Trust by 29.9% during 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. Federation des caisses Desjardins du Quebec lifted its position in NexPoint Residential Trust by 27.4% during 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. Tower Research Capital LLC TRC lifted its position in NexPoint Residential Trust by 121.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after acquiring an additional 1,455 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in NexPoint Residential Trust during the 4th quarter worth approximately $96,000. 76.61% of the stock is owned by institutional investors and hedge funds.

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.