NexPoint Residential Trust, Inc. (NXRT)

NYSE: NXRT · IEX Real-Time Price · USD
36.40
+0.60 (1.68%)
May 15, 2024, 4:00 PM EDT - Market closed
1.68%
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]

Sector Real Estate
CEO James David Dondero CFA, CPA
Employees 3
Stock Exchange NYSE
Ticker Symbol NXRT
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$37.5
(3.02% upside)
Analyst Consensus: Hold
Stock Forecasts

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,...

13 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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 ...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire