Analysts Set NexPoint Residential Trust, Inc. (NYSE:NXRT) Target Price at $27.00

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRTGet Free Report) have been assigned an average recommendation of “Strong Sell” from the five research firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $27.00.

Several brokerages have recently weighed in on NXRT. Zacks Research downgraded NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Truist Financial reduced their price target on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Weiss Ratings upgraded NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Wall Street Zen downgraded NexPoint Residential Trust from a “hold” rating to a “sell” rating in a report on Sunday.

Check Out Our Latest Report on NXRT

Insider Buying and Selling at NexPoint Residential Trust

In related news, insider Paul Richards purchased 2,000 shares of NexPoint Residential Trust stock in a transaction dated Monday, March 9th. The stock was purchased at an average cost of $26.34 per share, for a total transaction of $52,680.00. Following the completion of the acquisition, the insider directly owned 28,186 shares of the company’s stock, valued at $742,419.24. The trade was a 7.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Matt Mcgraner acquired 2,000 shares of NexPoint Residential Trust stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of $24.37 per share, with a total value of $48,740.00. Following the completion of the acquisition, the insider directly owned 331,334 shares in the company, valued at $8,074,609.58. This represents a 0.61% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 8,700 shares of company stock valued at $223,777 over the last 90 days. Corporate insiders own 16.63% of the company’s stock.

Institutional Investors Weigh In On NexPoint Residential Trust

Several large investors have recently bought and sold shares of NXRT. Long Pond Capital LP increased its holdings 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 worth $25,370,000 after buying an additional 298,781 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in NexPoint Residential Trust by 49.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock worth $24,894,000 after buying an additional 272,391 shares in the last quarter. DigitalBridge Group Inc. bought a new stake in NexPoint Residential Trust in the 3rd quarter worth about $7,443,000. Marnell Management LLC bought a new stake in NexPoint Residential Trust in the 4th quarter worth about $5,220,000. Finally, Flax Pond Capital LLC bought a new stake in NexPoint Residential Trust in the 1st quarter worth about $4,047,000. 76.61% of the stock is currently owned by institutional investors.

NexPoint Residential Trust Stock Performance

Shares of NexPoint Residential Trust stock opened at $29.03 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 5.75. The firm has a market capitalization of $740.05 million, a P/E ratio of -22.86 and a beta of 1.19. The business has a fifty day simple moving average of $27.14 and a two-hundred day simple moving average of $28.82. NexPoint Residential Trust has a 12 month low of $23.79 and a 12 month high of $35.22.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.10. The business had revenue of $63.54 million during the quarter, compared to analyst estimates of $63.20 million. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. On average, equities analysts forecast that NexPoint Residential Trust will post 2.2 earnings per share for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 7.3%. NexPoint Residential Trust’s dividend payout ratio (DPR) is presently -166.93%.

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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Analyst Recommendations for NexPoint Residential Trust (NYSE:NXRT)

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