NexPoint Residential Trust (NYSE:NXRT) Hits New 1-Year Low – Here’s Why

NexPoint Residential Trust, Inc. (NYSE:NXRT)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $22.99 and last traded at $23.03, with a volume of 25013 shares traded. The stock had previously closed at $23.29.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Citizens Jmp reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Truist Financial decreased their price objective on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a report on Tuesday, June 30th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Four analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $22.00.

NexPoint Residential Trust Stock Down 3.3%

The firm’s 50-day simple moving average is $25.64 and its 200 day simple moving average is $26.81. The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market capitalization of $575.23 million, a P/E ratio of -16.95 and a beta of 1.15.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.03. The company had revenue of $64.61 million during the quarter, compared to analysts’ expectations of $63.78 million. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, research analysts expect that NexPoint Residential Trust, Inc. will post 2.38 EPS for the current year.

NexPoint Residential Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 9.4%. NexPoint Residential Trust’s dividend payout ratio (DPR) is currently -159.40%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of NexPoint Residential Trust in the 2nd quarter valued at about $118,748,000. Vanguard Group Inc. grew its holdings in NexPoint Residential Trust by 3.0% during the fourth 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 position in NexPoint Residential Trust by 1.0% during the fourth quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock worth $39,083,000 after buying an additional 12,424 shares during the last quarter. Starwood Capital Group Management L.L.C. raised its stake 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 acquiring an additional 158,750 shares during the period. Finally, Long Pond Capital LP grew its stake in NexPoint Residential Trust by 54.9% in the 4th quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock valued at $25,370,000 after buying an additional 298,781 shares during the last quarter. 76.61% of the stock is currently owned by institutional investors and hedge funds.

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.