NexPoint Residential Trust (NXRT) Projected to Post Earnings on Tuesday

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $64.14 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

NexPoint Residential Trust Price Performance

Shares of NexPoint Residential Trust stock traded down $0.30 on Friday, reaching $38.80. 166,856 shares of the stock were exchanged, compared to its average volume of 102,739. The firm's 50 day moving average is $40.32 and its 200-day moving average is $43.27. NexPoint Residential Trust has a one year low of $28.20 and a one year high of $48.37. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a market cap of $985.52 million, a PE ratio of 22.17, a P/E/G ratio of 2.34 and a beta of 1.42.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of NexPoint Residential Trust from a "sell" rating to a "hold" rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $49.00.

About NexPoint Residential Trust

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States.