NexPoint Residential Trust, Inc. (NXRT)

NYSE: NXRT · Real-Time Price · USD
40.66
+0.84 (2.11%)
Feb 13, 2025, 7:21 PM EST - Market closed
2.11%
Market Cap 1.04B
Revenue (ttm) 264.97M
Net Income (ttm) 46.39M
Shares Out 25.51M
EPS (ttm) 1.77
PE Ratio 22.98
Forward PE n/a
Dividend $2.04 (5.02%)
Ex-Dividend Date Dec 13, 2024
Volume 79,844
Open 39.92
Previous Close 39.82
Day's Range 39.83 - 40.74
52-Week Range 28.20 - 48.37
Beta 1.44
Analysts Buy
Price Target 49.00 (+20.51%)
Earnings Date Feb 25, 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]

Sector Real Estate
Founded 2014
Employees 3
Stock Exchange NYSE
Ticker Symbol NXRT
Full Company Profile

Financial Performance

Financial Statements

Analyst 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 20.51% from the latest price.

Price Target
$49.0
(20.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NexPoint Residential Trust: Moving Beyond Survival To Thrive In 2025

NexPoint Residential has shown significant upside potential, with a 30% rise in share price due to strategic property sales, debt reduction, and share buybacks. NXRT's portfolio is well-positioned in ...

9 days ago - Seeking Alpha

Nexpoint Residential Trust Announces 2024 Dividend Income Tax Treatment

DALLAS , Jan. 30, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2024 dividend distributions...

14 days ago - PRNewsWire

How The 'Smart Money' Is Investing In REITs Right Now

Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.

Other symbols: CCICPTDLREQIXEQRFRHR
19 days ago - Seeking Alpha

NexPoint Residential Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call

DALLAS , Jan. 24, 2025 /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, Febru...

20 days ago - PRNewsWire

Apartment Rents Are Too Low

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4 weeks ago - Seeking Alpha

Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor

REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.

Other symbols: AVBCPTEQRFRMAASPYVNQ
4 weeks ago - Seeking Alpha

Sector Spotlight: Multifamily REITs - They Survived Until 2025!

COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modes...

Other symbols: AVBBRTCPTCSRELMEEQRESS
5 weeks ago - Seeking Alpha

What Are The Top REITs For 2025?

REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks.

Other symbols: ADCCPTEQRFRMAAREXRVRE
6 weeks ago - Seeking Alpha

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...

Other symbols: ADPAIZALAVNTBDXHPQKTB
2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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....

2 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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, ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

Leverage In Real Estate Investing

Leverage amplifies both risks and rewards; strong fundamentals can mitigate high leverage risks, while weak fundamentals can worsen even low leverage scenarios. Vornado's low leverage couldn't save it...

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5 months ago - Seeking Alpha

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...

Other symbols: AVBBRTBXCPTEQRIRTMAA
6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire