NexPoint Residential Trust, Inc. (NYSE:NXRT) Receives Average Rating of “Reduce” from Brokerages

NexPoint Residential Trust, Inc. (NYSE:NXRT) has been assigned a consensus recommendation of “Reduce” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $34.75.

A number of equities research analysts have recently weighed in on NXRT shares. Truist Financial dropped their price target on shares of NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Citigroup reiterated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. Weiss Ratings upgraded shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Wall Street Zen raised shares of NexPoint Residential Trust from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Zacks Research cut shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday.

Insider Buying and Selling

In other news, insider Paul Richards acquired 2,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of $26.34 per share, with a total value of $52,680.00. Following the completion of the purchase, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Matt Mcgraner acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of $24.37 per share, for a total transaction of $48,740.00. Following the completion of the purchase, the insider directly owned 331,334 shares of the company’s stock, valued at $8,074,609.58. The trade was a 0.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 8,700 shares of company stock worth $223,777 over the last three months. 16.63% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NXRT. Royal Bank of Canada increased its stake in NexPoint Residential Trust by 5.7% in the first quarter. Royal Bank of Canada now owns 54,612 shares of the financial services provider’s stock valued at $2,159,000 after acquiring an additional 2,942 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of NexPoint Residential Trust in the first quarter worth $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of NexPoint Residential Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 573 shares during the last quarter. Millennium Management LLC grew its stake in shares of NexPoint Residential Trust by 15.6% in the first quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider’s stock worth $12,993,000 after purchasing an additional 44,391 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NexPoint Residential Trust by 5.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,034 shares of the financial services provider’s stock worth $5,219,000 after purchasing an additional 7,217 shares during the last quarter. 76.61% of the stock is owned by institutional investors.

NexPoint Residential Trust Stock Up 0.3%

NYSE NXRT opened at $29.95 on Friday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 5.75. NexPoint Residential Trust has a 1-year low of $23.79 and a 1-year high of $38.30. The company has a 50 day moving average of $26.46 and a 200-day moving average of $29.01. The company has a market cap of $763.32 million, a price-to-earnings ratio of -23.58 and a beta of 1.20.

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

NexPoint Residential Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Monday, June 15th. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

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.