NexPoint Residential Trust, Inc. (NYSE:NXRT – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $23.76 and last traded at $23.83, with a volume of 88434 shares. The stock had previously closed at $24.50.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on NXRT shares. Zacks Research raised NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of NexPoint Residential Trust in a research note on Monday, July 20th. Truist Financial dropped their target price on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, June 30th. Finally, Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, NexPoint Residential Trust presently has an average rating of “Hold” and an average target price of $22.00.
Read Our Latest Report on NXRT
NexPoint Residential Trust Trading Down 2.9%
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.03. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.The firm had revenue of $64.61 million for the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, research analysts expect that NexPoint Residential Trust, Inc. will post 2.36 earnings per share for the current fiscal year.
NexPoint Residential Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 8.9%. NexPoint Residential Trust’s dividend payout ratio is currently -159.40%.
Institutional Trading of NexPoint Residential Trust
A number of large investors have recently made changes to their positions in NXRT. Allworth Financial LP purchased a new stake in NexPoint Residential Trust in the second quarter worth approximately $33,000. PNC Financial Services Group Inc. raised its stake in NexPoint Residential Trust by 29.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock valued at $43,000 after buying an additional 397 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in shares of NexPoint Residential Trust by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock valued at $54,000 after buying an additional 386 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of NexPoint Residential Trust by 121.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock valued at $88,000 after buying an additional 1,455 shares during the period. Finally, IFM Investors Pty Ltd purchased a new position in shares of NexPoint Residential Trust in the 1st quarter worth $90,000. 76.61% of the stock is currently owned by institutional investors.
NexPoint Residential Trust Company Profile
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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