NexPoint Residential Trust, Inc. (NXRT)

NYSE: NXRT · IEX Real-Time Price · USD
46.55
+0.79 (1.73%)
Dec 7, 2022 4:00 PM EST - Market closed
1.73%
Market Cap 2.37B
Revenue (ttm) 253.10M
Net Income (ttm) 25.67M
Shares Out 25.60M
EPS (ttm) 1.00
PE Ratio 46.55
Forward PE 34.25
Dividend $1.52 (3.27%)
Ex-Dividend Date Dec 14, 2022
Volume 79,656
Open 45.69
Previous Close 45.76
Day's Range 45.61 - 47.19
52-Week Range 38.67 - 95.04
Beta 1.03
Analysts Buy
Price Target 61.64 (+32.4%)
Earnings Date Oct 25, 2022

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]

Industry Equity Real Estate Investment Trusts (REITs)
Employees 3
Stock Exchange NYSE
Ticker Symbol NXRT
Full Company Profile

Financial Performance

In 2021, NXRT's revenue was $219.24 million, an increase of 7.05% compared to the previous year's $204.80 million. Earnings were $23.04 million, a decrease of -47.66%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for NXRT stock is "Buy." The 12-month stock price forecast is 61.64, which is an increase of 32.42% from the latest price.

Price Target
$61.64
(32.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NexPoint Residential Trust, Inc. Completes Refinancings of 18-Properties With 1 Additional Refinancing Expected to Cl...

DALLAS , Dec. 1, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of 18-property mortgage refinancings through KeyBank Real Estate...

6 days ago - PRNewsWire

NexPoint Residential Trust Inc. (NXRT) Surpasses Q3 FFO and Revenue Estimates

NexPoint Residential Trust Inc. (NXRT) delivered FFO and revenue surprises of 15.85% and 1.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the s...

1 month ago - Zacks Investment Research

NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.5%

DALLAS , Oct. 25, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.42 per share of NXRT commo...

1 month ago - PRNewsWire

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2022 RESULTS

NXRT Reports Continued Strength in Operations, Boosts Quarterly Dividend by 10.5% and Announces Accretive  19-Property Refinancing Transaction, Extending Average Maturity to ~6.4 years DALLAS , Oct. 25,...

1 month ago - PRNewsWire

NexPoint Residential Trust, Inc. Announces Third Quarter 2022 Earnings Conference Call

DALLAS , Oct. 11, 2022 /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, Octobe...

1 month ago - PRNewsWire

Why NexPoint Residential Trust Inc. (NXRT) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NexPoint Residential Trust Inc. (NXRT) have what it takes?

2 months ago - Zacks Investment Research

Why NexPoint Residential Trust Inc. (NXRT) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NexPoint Residential Trust Inc. (NXRT) have what it takes?

2 months ago - Zacks Investment Research

NexPoint Residential Trust Inc. (NXRT) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NexPoint Residential Trust Inc. (NXRT) have what it takes?

3 months ago - Zacks Investment Research

This is Why NexPoint Residential Trust Inc. (NXRT) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NexPoint Residential Trust Inc. (NXRT) have what it takes?

3 months ago - Zacks Investment Research

NexPoint Residential Trust Announces Appointment of Independent Director

DALLAS , Aug. 4, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today Dr. Carol Swain was appointed to the Board of Directors effective August 2, ...

4 months ago - PRNewsWire

NexPoint Residential Trust Inc. (NXRT) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NexPoint Residential Trust Inc. (NXRT) have what it takes?

4 months ago - Zacks Investment Research

NexPoint Residential Trust Inc. (NXRT) Surpasses Q2 FFO and Revenue Estimates

NexPoint Residential Trust Inc. (NXRT) delivered FFO and revenue surprises of 3.49% and 2.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

NexPoint Residential Trust, Inc. Announces Quarterly Dividend

DALLAS , July 26, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.38 per share of NXRT common stock, pay...

4 months ago - PRNewsWire

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2022 RESULTS

NXRT Continues to Experience Strong Revenue Growth; Accelerates Rehab Pace for the Quarter DALLAS , July 26, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results ...

4 months ago - PRNewsWire

NexPoint Residential Trust, Inc. Announces Second Quarter 2022 Earnings Conference Call

DALLAS , July 11, 2022 /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 ...

4 months ago - PRNewsWire

Rent Hikes for This Real Estate Stock Aren't Just an Inflation Issue

NexPoint Residential is in the hot apartment sector, but there's more to the story here than meets the eye.

6 months ago - The Motley Fool

NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2022 Investor Conference

DALLAS, May 18, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secre...

6 months ago - PRNewsWire

NexPoint Residential Trust Inc. (NXRT) Q1 FFO Surpass Estimates

NexPoint Residential Trust Inc. (NXRT) delivered FFO and revenue surprises of 8.75% and 1.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2022 RESULTS

NXRT Increases 2022 Full Year Guidance; Continues to See Strong Rental Rate Growth and Execute Value-Add Strategy DALLAS , April 26, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) rep...

7 months ago - PRNewsWire

NexPoint Residential Trust, Inc. Announces First Quarter 2022 Earnings Conference Call

DALLAS, April 14, 2022 /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...

7 months ago - PRNewsWire

7 REITs Flaunting Fast-Growing Dividends

Real estate investment trusts (REITs) typically come to mind when considering the most yield-friendly asset class. And it's these generous yields that make REIT dividends especially attractive to income...

Other symbols: ABRAMTELSSBACTRNOVICI
7 months ago - Kiplinger

NexPoint Residential Trust, Inc. Announces Record Date and Date of 2022 Annual Meeting of Stockholders

DALLAS, March 21, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2022 Annual Meetin...

8 months ago - PRNewsWire

NexPoint Residential Trust, Inc. to Present at Raymond James' Institutional Investors Conference

DALLAS, March 3, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasur...

9 months ago - PRNewsWire

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

DALLAS, Feb. 15, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the fourth quarter and year ended December 31, 2021. Highlights NXRT1 reported net incom...

9 months ago - PRNewsWire

NexPoint Residential Trust Announces 2021 Dividend Income Tax Treatment

DALLAS, Feb. 1, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) (the "Company") announced today the final income allocations of the Company's 2020 dividend distributions on its common...

10 months ago - PRNewsWire