Zacks Research Downgrades NexPoint Residential Trust (NYSE:NXRT) to Hold

NexPoint Residential Trust (NYSE:NXRT) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Other analysts also recently issued research reports about the stock. Citizens Jmp reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of NexPoint Residential Trust in a research report on Monday, July 20th. Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NexPoint Residential Trust currently has an average rating of “Reduce” and a consensus target price of $22.00.

NexPoint Residential Trust Trading Down 0.7%

NYSE NXRT opened at $24.27 on Tuesday. The business has a 50 day simple moving average of $26.33 and a 200 day simple moving average of $27.23. NexPoint Residential Trust has a one year low of $23.47 and a one year high of $34.87. The stock has a market capitalization of $620.10 million, a P/E ratio of -18.25 and a beta of 1.18. The company has a debt-to-equity ratio of 6.41, a current ratio of 1.92 and a quick ratio of 1.92.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Research analysts expect that NexPoint Residential Trust will post 2.38 earnings per share for the current year.

Hedge Funds Weigh In On NexPoint Residential Trust

A number of large investors have recently modified their holdings of the company. Allworth Financial LP bought a new stake in NexPoint Residential Trust during the 2nd quarter valued at $33,000. Ameritas Advisory Services LLC acquired a new position in NexPoint Residential Trust during the second quarter worth $39,000. PNC Financial Services Group Inc. lifted its stake in shares of NexPoint Residential Trust by 29.9% in the first 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 in the last quarter. Federation des caisses Desjardins du Quebec lifted its stake in shares of NexPoint Residential Trust by 27.4% in the fourth 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 in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of NexPoint Residential Trust by 121.1% during the second 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 last quarter. 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.