NexPoint Residential Trust (NYSE:NXRT) Lowered to “Hold” Rating by Zacks Research

NexPoint Residential Trust (NYSE:NXRT) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NexPoint Residential Trust in a research report on Friday, July 31st. Citizens Jmp reiterated a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Truist Financial lowered their price target on 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. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price target on NexPoint Residential Trust in a research note on Monday, July 20th. Four equities research 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, NexPoint Residential Trust has an average rating of “Reduce” and an average target price of $22.00.

NexPoint Residential Trust Price Performance

NXRT opened at $24.27 on Tuesday. The company’s 50 day simple moving average is $26.33 and its 200 day simple moving average is $27.23. The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. NexPoint Residential Trust has a 1 year low of $23.47 and a 1 year high of $34.87. The stock has a market capitalization of $620.10 million, a PE ratio of -18.25 and a beta of 1.18.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.03. The firm had revenue of $64.61 million during the quarter, compared to analyst estimates 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. As a group, sell-side analysts expect that NexPoint Residential Trust will post 2.38 EPS for the current year.

Institutional Investors Weigh In On NexPoint Residential Trust

Large investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of NexPoint Residential Trust in the 2nd quarter valued at $118,748,000. Vanguard Group Inc. boosted its position in NexPoint Residential Trust by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after purchasing an additional 70,310 shares during the period. State Street Corp increased its holdings in NexPoint Residential Trust by 1.0% in the 4th quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock valued at $39,083,000 after purchasing an additional 12,424 shares in the last quarter. Starwood Capital Group Management L.L.C. increased its holdings in NexPoint Residential Trust by 19.1% in the 4th quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock valued at $29,782,000 after purchasing an additional 158,750 shares in the last quarter. Finally, Long Pond Capital LP raised its position in NexPoint Residential Trust by 54.9% in the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock valued at $25,370,000 after purchasing an additional 298,781 shares during the period. Institutional investors and hedge funds 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.