NexPoint Residential Trust, Inc. (NXRT)
| Market Cap | 1.08B |
| Revenue (ttm) | 264.97M |
| Net Income (ttm) | 46.39M |
| Shares Out | 25.51M |
| EPS (ttm) | 1.77 |
| PE Ratio | 24.03 |
| Forward PE | n/a |
| Dividend | $2.04 (4.80%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 159,165 |
| Open | 41.38 |
| Previous Close | 41.64 |
| Day's Range | 41.04 - 42.96 |
| 52-Week Range | 28.20 - 48.37 |
| Beta | 1.42 |
| Analysts | Buy |
| Price Target | 49.00 (+15.24%) |
| Earnings Date | Feb 18, 2025 |
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 re... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for NXRT stock is "Buy." The 12-month stock price forecast is $49.0, which is an increase of 15.24% from the latest price.
News
17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buyin...
NexPoint Residential Trust, Inc. Completes Refinancings of 17 Properties
DALLAS , Nov. 27, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of 17-property agency mortgage refinancings through J.P. Morg...
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....
NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2024 Investor Conference
DALLAS , Nov. 7, 2024 /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: Shares Valued Fairly As Q3 Results Top Expectations
Value-add multifamily operator, NexPoint Residential, reported better-than-expected Q3 FFO and announced a 10.3% increase to their quarterly dividend payout. Refinancing activity subsequent to quarter...
NexPoint Residential Trust, Inc. (NXRT) Q3 2024 Earnings Call Transcript
NexPoint Residential Trust, Inc. (NYSE:NXRT) Q3 2024 Earnings Call Transcript October 29, 2024 11:00 AM ET Company Participants Kristen Thomas - IR Brian Mitts - EVP and CFO Matt McGraner - EVP and C...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2024 RESULTS
NXRT Boosts Quarterly Dividend by 10.3%; Announces Completed Refinancings of 17 Properties and $24.5 million of Disposition Activity DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, ...
NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%
DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT com...
NexPoint Residential Trust, Inc. Provides Update on Hurricane Milton
DALLAS , Oct. 15, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company's properties did not sustain any material damages as a r...
NexPoint Residential Trust, Inc. Completes Refinancings of 17 Properties With 17 Additional Refinancings Expected to Close on November 29th, Sale of Stone Creek at Old Farm, and Announces 3Q 2024 Earnings Call on October 29, 2024, at 11:00 a.m. ET
DALLAS , Oct. 3, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of 17-property mortgage refinancings through J.P. Morgan Chase...
NexPoint Residential Trust, Inc. Provides Update on Hurricane Helene
DALLAS , Sept. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company's properties did not sustain any material damages as a ...
Leverage In Real Estate Investing
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Massive Apartment Deals Demonstrate Value Of Apartment REITs
Equity Residential bought 11 apartments with 3572 units from Blackstone for $964 million, expanding its presence in Dallas, Denver, and Atlanta. Public apartment REITs are trading below asset value, w...
NexPoint Residential Trust: Still Attractive After Q2 Results
NexPoint Residential Trust is a small multifamily residential REIT with a market cap of $1.13B, trading publicly since 2015 with a compelling strategy for value creation. Recent Q2 results show stable...
NexPoint Residential Trust, Inc. (NXRT) Q2 2024 Earnings Call Transcript
NexPoint Residential Trust, Inc. (NYSE:NXRT) Q2 2024 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2024 RESULTS
NXRT Raises Full Year 2024 Guidance, Reports Net Income of $10.6 million, $39.25 million of Disposition Activity and $14.6 million of Share Repurchase Activity DALLAS , July 30, 2024 /PRNewswire/ -- N...
NexPoint Residential Trust, Inc. Announces Quarterly Dividend
DALLAS , July 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 stock...
Apartment Fundamental Outlook Improved As Supply Wanes
Apartment REITs have beaten 1Q24 earnings despite a massive new supply wave hitting the sector in 2024 and early 2025. Demand drivers such as strong employment, low savings rate, high cost of houses, ...
NexPoint Residential Trust, Inc. Announces Second Quarter 2024 Earnings Conference Call
DALLAS , July 2, 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, July 3...
NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2024 Investor Conference
DALLAS , May 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, B...
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: Attractive Valuation Despite The Risks
NexPoint Residential Trust reported Core FFO and NOI growth in the mid-single digits in Q1 2024. The full-year outlook remains more cautious, driven by expected elevated home deliveries in the remaind...
NexPoint Residential Trust, Inc. (NXRT) Q1 2024 Earnings Call Transcript
NexPoint Residential Trust, Inc. (NYSE:NXRT) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice Presiden...
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 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...