NexPoint Residential Trust (NYSE:NXRT) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

NexPoint Residential Trust, Inc. (NYSE:NXRTGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $30.35 and traded as high as $31.71. NexPoint Residential Trust shares last traded at $31.62, with a volume of 204,243 shares traded.

Wall Street Analyst Weigh In

NXRT has been the subject of a number of research reports. Truist Financial lowered their price objective on shares of NexPoint Residential Trust from $34.00 to $31.00 and set a “hold” rating for the company in a research note on Monday, November 17th. Zacks Research cut shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 20th. Weiss Ratings reissued a “sell (d)” rating on shares of NexPoint Residential Trust in a report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. Six research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $40.13.

Read Our Latest Stock Report on NXRT

NexPoint Residential Trust Stock Up 0.3%

The business’s fifty day moving average price is $30.35 and its two-hundred day moving average price is $31.72. The company has a debt-to-equity ratio of 4.55, a quick ratio of 1.49 and a current ratio of 1.49. The firm has a market capitalization of $801.88 million, a P/E ratio of -16.47 and a beta of 1.19.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $62.83 million for the quarter, compared to analyst estimates of $63.04 million. NexPoint Residential Trust had a negative net margin of 19.23% and a negative return on equity of 13.32%. NexPoint Residential Trust has set its FY 2025 guidance at 2.750-2.750 EPS. Equities analysts expect that NexPoint Residential Trust, Inc. will post 2.86 earnings per share for the current fiscal year.

NexPoint Residential Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.12 annualized dividend and a yield of 6.7%. This is an increase from NexPoint Residential Trust’s previous quarterly dividend of $0.51. NexPoint Residential Trust’s dividend payout ratio is currently -110.42%.

Insider Buying and Selling

In other NexPoint Residential Trust news, Director Brian Mitts sold 8,452 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $28.05, for a total value of $237,078.60. Following the completion of the sale, the director owned 52,448 shares of the company’s stock, valued at approximately $1,471,166.40. This trade represents a 13.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 37,748 shares of company stock valued at $1,090,618 in the last three months. Company insiders own 15.36% of the company’s stock.

Institutional Trading of NexPoint Residential Trust

A number of institutional investors have recently bought and sold shares of NXRT. DigitalBridge Group Inc. acquired a new position in NexPoint Residential Trust during the 3rd quarter valued at approximately $7,443,000. CSM Advisors LLC purchased a new stake in shares of NexPoint Residential Trust during the second quarter valued at $4,937,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of NexPoint Residential Trust by 436.3% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 124,258 shares of the financial services provider’s stock valued at $4,004,000 after acquiring an additional 101,088 shares during the period. Balyasny Asset Management L.P. purchased a new position in NexPoint Residential Trust in the 2nd quarter worth $3,046,000. Finally, Jane Street Group LLC purchased a new position in NexPoint Residential Trust in the 1st quarter worth $3,410,000. 76.61% of the stock is currently owned by institutional investors and hedge funds.

About NexPoint Residential Trust

(Get Free Report)

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.

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