NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) have received a consensus rating of “Reduce” from the five brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $22.00.

Several equities analysts have recently commented on NXRT shares. Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of NexPoint Residential Trust in a report on Monday. Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Truist Financial lowered their target price on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, June 30th.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of hedge funds have recently added to or reduced their stakes in the company. DigitalBridge Group Inc. acquired a new stake in NexPoint Residential Trust in the 3rd quarter worth approximately $7,443,000. Tudor Investment Corp ET AL grew its holdings in NexPoint Residential Trust by 63.0% during the third quarter. Tudor Investment Corp ET AL now owns 129,137 shares of the financial services provider’s stock valued at $4,161,000 after purchasing an additional 49,902 shares during the last quarter. UBS Group AG grew its holdings in NexPoint Residential Trust by 44.7% during the fourth 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 last quarter. Vanguard Group Inc. raised its position in shares of NexPoint Residential Trust by 3.0% in the fourth 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 period. Finally, Marnell Management LLC bought a new position in shares of NexPoint Residential Trust in the fourth quarter valued at approximately $5,220,000. Institutional investors and hedge funds own 76.61% of the company’s stock.

NexPoint Residential Trust Stock Performance

NXRT stock opened at $26.14 on Thursday. 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 stock has a market cap of $666.26 million, a P/E ratio of -20.58 and a beta of 1.18. The firm has a 50 day simple moving average of $28.25 and a 200 day simple moving average of $28.22. NexPoint Residential Trust has a 52 week low of $23.79 and a 52 week high of $35.08.

NexPoint Residential Trust (NYSE:NXRT) last announced 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. The firm had revenue of $63.54 million for the quarter, compared to the consensus estimate of $63.20 million. NexPoint Residential Trust had a negative net margin of 12.67% and a negative return on equity of 10.30%. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Research analysts anticipate that NexPoint Residential Trust will post 2.16 earnings per share for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 8.1%. The ex-dividend date was Monday, June 15th. NexPoint Residential Trust’s payout ratio is currently -166.93%.

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.