NexPoint Residential Trust, Inc. (NXRT)
Market Cap | 934.54M |
Revenue (ttm) | 275.88M |
Net Income (ttm) | 74.45M |
Shares Out | 25.67M |
EPS (ttm) | 2.83 |
PE Ratio | 12.86 |
Forward PE | n/a |
Dividend | $1.85 (5.08%) |
Ex-Dividend Date | Jun 14, 2024 |
Volume | 110,423 |
Open | 36.40 |
Previous Close | 35.80 |
Day's Range | 36.32 - 36.64 |
52-Week Range | 26.21 - 49.87 |
Beta | 1.26 |
Analysts | Hold |
Price Target | 37.50 (+3.02%) |
Earnings Date | Apr 30, 2024 |
About NXRT
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 e... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for NXRT stock is "Hold." The 12-month stock price forecast is $37.5, which is an increase of 3.02% from the latest price.
News
NexPoint Residential Trust, Inc. Completes the Sale of Radbourne Lake Apartment Homes
DALLAS , May 2, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, NC,...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2024 RESULTS
NXRT Reports Net Income of $26.4 million; $49.4 million of Capital Recycling Activity and Full Repayment of the Drawn Balance on the Corporate Credit Facility DALLAS , April 30, 2024 /PRNewswire/ -- N...
NexPoint Residential Trust, Inc. Announces Quarterly Dividend
DALLAS , April 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stoc...
NexPoint Residential Trust, Inc. Announces First Quarter 2024 Earnings Conference Call
DALLAS , April 1, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, April...
NexPoint Residential Trust, Inc. Announces Record Date and Date of 2024 Annual Meeting of Stockholders
DALLAS, March 19, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2024 Annual Meet...
NexPoint Residential Trust, Inc. Completes the Sale of Old Farm and Will Repay the Full Outstanding Balance on the Corporate Credit Facility
DALLAS , March 5, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Old Farm in Houston, TX, a 734-unit property b...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
NXRT Recaps Disposition Activity, Value-Add Results and Issues 2024 Full Year Guidance DALLAS , Feb. 20, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results fo...
NexPoint Residential Trust, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Conference Call
DALLAS , Feb. 5, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, Februa...
NexPoint Residential Trust Announces 2023 Dividend Income Tax Treatment
DALLAS , Jan. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2023 dividend distributions...
NexPoint Residential Trust, Inc. Completes the Sale of Timber Creek and Further Paydown of the Corporate Credit Facility
DALLAS , Dec. 18, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Timber Creek in Charlotte, NC, a 352-unit prop...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2023 Annual Conference
DALLAS , Nov. 10, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, S...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2023 RESULTS
NXRT Boosts Quarterly Dividend by 10.1%; Returns 6.14x Multiple on Invested Capital on $70 million DFW Asset and Makes $16.0 Million Paydown on Credit Facility DALLAS , Oct. 31, 2023 /PRNewswire/ -- N...
NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.1%
DALLAS , Oct. 31, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.46242 per share of NXRT ...
NexPoint Residential Trust, Inc. Announces Third Quarter 2023 Earnings Conference Call
DALLAS , Sept. 26, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, Octo...
NexPoint Residential Trust, Inc. Completes the Sale of Silverbrook and Further Paydown of the Corporate Credit Facility
DALLAS , Sept. 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Silverbrook in Dallas, TX, a 642-unit propert...
NexPoint Residential Trust, Inc. Announces Entrance into Contract to Sell Old Farm in Houston, TX, and Silverbrook in Dallas, TX
DALLAS , Aug. 17, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) is pleased to announce the execution of agreements to sell Old Farm in Houston, TX, and S...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2023 RESULTS
NXRT Generates Strong Returns on Rehab Program and Tames Controllable Expense Growth DALLAS , July 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for ...
NexPoint Residential Trust, Inc. Announces Second Quarter 2023 Earnings Conference Call
DALLAS , June 28, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, July...
NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2023 Investor Conference
DALLAS , May 31, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Se...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2023 RESULTS
NXRT Refinances Venue on Camelback, Pays Down $17.5 million on Credit Facility and Executes Value-Add Strategy DALLAS , April 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) repo...
NexPoint Residential Trust, Inc. Announces First Quarter 2023 Earnings Conference Call
DALLAS , March 28, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, Apr...
NexPoint Residential Trust, Inc. Announces Record Date and Date of 2023 Annual Meeting of Stockholders
DALLAS , March 22, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2023 Annual Mee...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
NXRT Recaps Acquisition/Disposition Activity, Value-Add Results and Issues 2023 Full Year Guidance DALLAS , Feb. 21, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) reported financi...
NexPoint Residential Trust Announces 2022 Dividend Income Tax Treatment
DALLAS, Feb. 6, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2022 dividend distributions ...