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NexPoint Residential Trust Inc (NXRT)
NYSE:NXRT
NexPoint Residential (NXRT) Stock Price & Analysis
122 Followers
NXRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.16 - $47.30
Previous Close$38.63
Volume96.74K
Average Volume (3M)146.00K
Market Cap
$999.65M
Enterprise Value$967.50M
Total Cash (Recent Filing)$37.23M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)13.7
Beta1.25
Next Earnings
Jul 30, 2024EPS Estimate
-$0.16Last Dividend Ex-Date
Jun 14, 2024Dividend Yield4.68%
Share Statistics
EPS (TTM)2.82
Shares Outstanding25,674,313
10 Day Avg. Volume155,246
30 Day Avg. Volume145,997
Standard Deviation0.11
R-Squared0.41
Alpha-0.00860
Financial Highlights & Ratios
Price to Book (P/B)1.93
Price to Sales (P/S)14.15
Price to Cash Flow (P/CF)16.10
P/FCF Ratio18.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.51
Enterprise Value/Gross Profit5.58
Enterprise Value/Ebitda4.82
Forecast
1Y Price Target
$38.25Price Target Upside-0.39% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
NexPoint Residential News
Bulls Say, Bears Say
Bulls Say
Asset ManagementManagement successfully selling assets at attractive prices to de-lever the balance sheet.
Capital AllocationSuccessful use of swaps has helped limit the impact from higher interest rates.
Financial PerformanceNXRT reported Core FFO of $0.75, beating both Citizens JMP and consensus estimates of $0.66 and $0.70 per share, respectively.
Bears Say
Interest ExpenseThe meaningful amount of swap expirations in 2024/2025/2026 will result in continued interest expense pressure on NXRT's bottom line.
Market PerformanceSunbelt-exposed operators are experiencing sequential deceleration as yr/yr comps get more difficult and supply headwinds.
Market SupplyThe upcoming peak in Class A supply in the Sunbelt markets will still negatively impact the performance of NXRT's Class-B focused portfolio.
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Ownership Overview
14.78% Insiders
21.34% Mutual Funds
37.56% Other Institutional Investors
26.33% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NXRT FAQ
What was NexPoint Residential Trust Inc’s price range in the past 12 months?
NexPoint Residential Trust Inc lowest stock price was $25.16 and its highest was $47.30 in the past 12 months.
What is NexPoint Residential Trust Inc’s market cap?
Currently, no data Available
When is NexPoint Residential Trust Inc’s upcoming earnings report date?
NexPoint Residential Trust Inc’s upcoming earnings report date is Jul 30, 2024 which is in 24 days.
How were NexPoint Residential Trust Inc’s earnings last quarter?
NexPoint Residential Trust Inc released its earnings results on Apr 30, 2024. The company reported $1 earnings per share for the quarter, beating the consensus estimate of $0.257 by $0.743.
Is NexPoint Residential Trust Inc overvalued?
According to Wall Street analysts NexPoint Residential Trust Inc’s price is currently Overvalued.
Does NexPoint Residential Trust Inc pay dividends?
NexPoint Residential Trust Inc pays a Quarterly dividend of $0.46 which represents an annual dividend yield of 4.68%. See more information on NexPoint Residential Trust Inc dividends here
What is NexPoint Residential Trust Inc’s EPS estimate?
NexPoint Residential Trust Inc’s EPS estimate is -$0.16.
How many shares outstanding does NexPoint Residential Trust Inc have?
NexPoint Residential Trust Inc has 25,774,730 shares outstanding.
What happened to NexPoint Residential Trust Inc’s price movement after its last earnings report?
NexPoint Residential Trust Inc reported an EPS of $1 in its last earnings report, beating expectations of $0.257. Following the earnings report the stock price went up 2.796%.
Which hedge fund is a major shareholder of NexPoint Residential Trust Inc?
Among the largest hedge funds holding NexPoint Residential Trust Inc’s share is Capital Growth Management LP. It holds NexPoint Residential Trust Inc’s shares valued at 2M.
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NexPoint Residential Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.25 (-0.39% Downside)
$38.25 (-0.39% Downside)
Blogger Sentiment
Bullish
NXRT Sentiment 83%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 3.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $250.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.38%
12-Months-Change
Fundamentals
Return on Equity
14.88%
Trailing 12-Months
Asset Growth
-6.98%
Trailing 12-Months
Company Description
NexPoint Residential Trust Inc
NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.
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NXRT Earnings Call
Q1 2024
0:00 / 0:00
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NXRT Stock 12 Month Forecast
Average Price Target
$38.25
▼(-0.39% Downside)
Technical Analysis
Best Analysts Covering NXRT
1 Year
1 Year Success Rate
3/8 ratings generated profit
1 Year Average Return
-5.74%
reiterated a buy rating 2 months ago
Copying Aaron Hecht's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -5.74% per trade.
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