NexPoint Residential Trust (NYSE:NXRT) Stock Jumps 6.4% on Insider Buying Activity

NexPoint Residential Trust, Inc. (NYSE:NXRT) shares were up 6.4% during trading on Tuesday following insider buying activity. The company traded as high as $19.72 and last traded at $19.8050. Approximately 223,072 shares changed hands during trading, a decline of 30% from the average session volume of 316,930 shares. The stock had previously closed at $18.61.

Specifically, insider Matt Mcgraner purchased 5,500 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were acquired at an average cost of $18.42 per share, with a total value of $101,310.00. Following the purchase, the insider directly owned 361,605 shares of the company’s stock, valued at approximately $6,660,764.10. This trade represents a 1.54% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Matt Mcgraner acquired 5,280 shares of the stock in a transaction on Thursday, October 1st. The stock was bought at an average price of $18.89 per share, with a total value of $99,739.20. Following the transaction, the insider directly owned 356,105 shares of the company’s stock, valued at approximately $6,726,823.45. The trade was a 1.51% increase in their position. The disclosure for this purchase is available in the SEC filing.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft set a $23.00 target price on shares of NexPoint Residential Trust in a research note on Wednesday, September 9th. Citizens Jmp reiterated a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a research report on Thursday, August 20th. Finally, Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, NexPoint Residential Trust has an average rating of “Reduce” and a consensus price target of $20.50.

NexPoint Residential Trust Price Performance

The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. The business has a 50-day simple moving average of $22.90 and a 200 day simple moving average of $25.81. The firm has a market cap of $496.62 million, a P/E ratio of -14.61, a price-to-earnings-growth ratio of 0.52 and a beta of 1.18.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.03. The firm had revenue of $64.61 million for the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust had a negative return on equity of 11.75% and a negative net margin of 13.22%.NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, analysts anticipate that NexPoint Residential Trust, Inc. will post 2.24 earnings per share for the current fiscal year.

NexPoint Residential Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend was Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is presently -159.40%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC purchased a new stake in shares of NexPoint Residential Trust in the 2nd quarter worth about $320,000. Integrated Wealth Concepts LLC purchased a new position in shares of NexPoint Residential Trust during the second quarter valued at about $51,000. Squarepoint Ops LLC bought a new position in NexPoint Residential Trust in the second quarter worth about $330,000. Allworth Financial LP raised its stake in NexPoint Residential Trust by 95.0% in the second quarter. Allworth Financial LP now owns 1,172 shares of the financial services provider’s stock worth $33,000 after buying an additional 571 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in NexPoint Residential Trust by 9.0% in the second quarter. HighTower Advisors LLC now owns 24,938 shares of the financial services provider’s stock worth $696,000 after buying an additional 2,052 shares in the last quarter. 76.61% of the stock is currently owned by institutional investors.

NexPoint Residential Trust Company Profile

NexPoint Residential Trust, Inc (NYSE:NXRT) is a real estate investment trust focused on acquiring, owning and operating multifamily apartment communities in the United States. The company primarily targets properties in the Southeastern and Southwestern regions, with an emphasis on markets that offer population growth, employment expansion and favorable housing demand.

NexPoint Residential Trust’s portfolio generally consists of Class A and Class B apartment communities. Its business strategy includes renovating and repositioning properties to improve their appeal, operating performance and long-term value.