NexPoint Residential Trust (NXRT) Stock Price, News & Analysis

Company Overview

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. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

Key Stats

• Today's Range: $41.87 to $42.38
• 50-Day Range: $40.76 to $47.74
• 52-Week Range: $28.20 to $48.37
• Volume: 28,537 shs
• Average Volume: 139,219 shs
• Market Capitalization: $1.08 billion
• P/E Ratio: 24.19
• Dividend Yield: 4.82%
• Price Target: $49.00
• Consensus Rating: Moderate Buy

NexPoint Residential Trust Stock Analysis - MarketRank™

NexPoint Residential Trust scored higher than 88% of companies evaluated by MarketBeat, and ranked 169th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NexPoint Residential Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NexPoint Residential Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.52%

Earnings Growth

Earnings for NexPoint Residential Trust are expected to grow by 2.52% in the coming year, from $2.78 to $2.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NexPoint Residential Trust is 24.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexPoint Residential Trust is 24.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.10.

Price to Earnings Growth Ratio

NexPoint Residential Trust has a PEG Ratio of 2.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NexPoint Residential Trust has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.62% of the float of NexPoint Residential Trust has been sold short.

Short Interest Ratio / Days to Cover

NexPoint Residential Trust has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NexPoint Residential Trust has recently increased by 15.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

NexPoint Residential Trust is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NexPoint Residential Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of NexPoint Residential Trust is 116.57%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, NexPoint Residential Trust will have a dividend payout ratio of 71.58% next year. This indicates that NexPoint Residential Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -3.51

Percentage of Shares Shorted

1.62% of the float of NexPoint Residential Trust has been sold short.

Short Interest Ratio / Days to Cover

NexPoint Residential Trust has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NexPoint Residential Trust has recently increased by 15.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.51

News Sentiment

NexPoint Residential Trust has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for NexPoint Residential Trust this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added NexPoint Residential Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NexPoint Residential Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.96% of the stock of NexPoint Residential Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

76.61% of the stock of NexPoint Residential Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NXRT Stock Analysis - Frequently Asked Questions

How have NXRT shares performed this year?

NexPoint Residential Trust's stock was trading at $34.43 on January 1st, 2024. Since then, NXRT shares have increased by 23.0% and is now trading at $42.34.
View the best growth stocks for 2024 here.

How were NexPoint Residential Trust's earnings last quarter?

NexPoint Residential Trust, Inc. (NYSE:NXRT) issued its earnings results on Tuesday, October, 29th. The financial services provider reported ($0.35) earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by $1.01. The financial services provider earned $64.10 million during the quarter, compared to the consensus estimate of $64.69 million. NexPoint Residential Trust had a net margin of 17.54% and a trailing twelve-month return on equity of 9.54%.

Who are NexPoint Residential Trust's major shareholders?

Top institutional shareholders of NexPoint Residential Trust include State Street Corp (5.21%), Copeland Capital Management LLC (3.51%), Geode Capital Management LLC (2.27%) and Charles Schwab Investment Management Inc. (1.31%). Insiders that own company stock include Brian Mitts and Dennis Charles Sauter Jr.
View institutional ownership trends.

How do I buy shares of NexPoint Residential Trust?

Shares of NXRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NexPoint Residential Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NexPoint Residential Trust investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Today: 12/24/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:NXRT
• Previous Symbol: NASDAQ:NXRT
• CUSIP: N/A
• CIK: 1620393
• Web: www.nexpointliving.com
• Phone: (214) 276-6300
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $49.00
• High Stock Price Target: $55.00
• Low Stock Price Target: $44.00
• Potential Upside/Downside: +15.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.75
• Trailing P/E Ratio: 24.19
• Forward P/E Ratio: 15.23
• P/E Growth: 2.69
• Net Income: $44.26 million
• Net Margins: 17.54%
• Pretax Margin: 17.55%
• Return on Equity: 9.54%
• Return on Assets: 2.29%

Debt

• Debt-to-Equity Ratio: 3.25
• Current Ratio: 1.79
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: $264.80 million
• Price / Sales: 4.06
• Cash Flow: $5.32 per share
• Price / Cash Flow: 7.96
• Book Value: $19.26 per share
• Price / Book: 2.20

Miscellaneous

• Outstanding Shares: 25,404,000
• Free Float: 22,112,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 1.40