Media coverage about NexPoint Residential Trst (NYSE:NXRT) has trended somewhat negative this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NexPoint Residential Trst earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.2036659465089 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Is It Time To Buy NexPoint Residential Trust Inc (NYSE:NXRT)? (finance.yahoo.com)
- NexPoint Residential Trst (NXRT) Downgraded by Zacks Investment Research (americanbankingnews.com)
- NexPoint Residential Trst (NXRT) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- NexPoint Residential Trust Inc.: NexPoint Residential Trust, Inc. Announces First Quarter 2018 Earnings Conference Call (twst.com)
Shares of NYSE NXRT traded down $0.20 during trading hours on Friday, hitting $25.90. The stock had a trading volume of 51,503 shares, compared to its average volume of 79,924. The stock has a market cap of $542.11, a price-to-earnings ratio of 22.14 and a beta of 0.80. NexPoint Residential Trst has a 52 week low of $22.84 and a 52 week high of $29.40. The company has a debt-to-equity ratio of 3.28, a quick ratio of 1.74 and a current ratio of 1.74.
The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Tuesday, March 20th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 19th. This represents a $1.00 annualized dividend and a dividend yield of 3.86%. NexPoint Residential Trst’s payout ratio is 85.47%.
A number of equities analysts have recently weighed in on NXRT shares. Zacks Investment Research upgraded NexPoint Residential Trst from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, January 12th. ValuEngine upgraded NexPoint Residential Trst from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, TheStreet upgraded NexPoint Residential Trst from a “d-” rating to a “c” rating in a report on Monday, March 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. NexPoint Residential Trst presently has a consensus rating of “Buy” and a consensus price target of $27.50.
In other news, insider James D. Dondero purchased 24,788 shares of the stock in a transaction that occurred on Monday, January 22nd. The stock was acquired at an average price of $27.23 per share, with a total value of $674,977.24. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 19.00% of the company’s stock.
WARNING: This article was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/3379837/somewhat-negative-news-coverage-somewhat-unlikely-to-affect-nexpoint-residential-trst-nxrt-stock-price.html.
NexPoint Residential Trst Company Profile
NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States.
Receive News & Ratings for NexPoint Residential Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Residential Trst and related companies with MarketBeat.com's FREE daily email newsletter.