NexPoint Residential Trust logo

NexPoint Residential TrustNYSE: NXRT

Profile

Industry:

Residential

Country:

United States

IPO:

19 March 2015

Next earnings report:

25 July 2024

Last dividends:

14 June 2024

Next dividends:

N/A
$1.01 B
-58%vs. 3y high
45%vs. sector
-87%vs. 3y high
20%vs. sector
-61%vs. 3y high
74%vs. sector
-66%vs. 3y high
47%vs. sector

Price

after hours | Wed, 03 Jul 2024 19:19:49 GMT
$39.06-$0.35(-0.89%)
$67.58 M$64.75 M
$67.58 M$26.30 M

Analysts recommendations

Institutional Ownership

NXRT Latest News

NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2024 Investor Conference
prnewswire.com29 May 2024 Sentiment: NEUTRAL

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, Bonner McDermett, NXRT VP, Asset Management, and Sean Jacobson, NXRT VP, Asset Management will be meeting with investors and others at Nareit's REITweek: 2024 Investor Conference, to be held June 3-6 at the New York Hilton Midtown in New York City. A copy of the meeting materials will be posted in the Resources section of NXRT's website at nxrt.nexpoint.com on the morning of June 3, 2024.

NexPoint Residential Trust Inc. (NXRT) Matches Q1 FFO Estimates
Zacks Investment Research30 April 2024 Sentiment: POSITIVE

NexPoint Residential Trust Inc. (NXRT) reported quarterly funds from operations (FFO) of $0.86 per share, meeting the Zacks Consensus Estimate. This is compared to FFO of $0.81 per share in the same quarter last year.

Here's What Key Metrics Tell Us About NexPoint Residential Trust Inc. (NXRT) Q1 Earnings
Zacks Investment Research30 April 2024 Sentiment: POSITIVE

While the revenue and EPS figures for NexPoint Residential Trust Inc. (NXRT) provide insight into its performance in the first quarter of 2024, it is important to also analyze how certain key metrics stack up against Wall Street projections and the previous year's results.

NexPoint Residential Trust, Inc. Announces First Quarter 2024 Earnings Conference Call
PRNewsWire01 April 2024 Sentiment: POSITIVE

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 30, 2024, at 11:00 a.m. ET (10:00 am CT), to discuss first quarter 2024 financial results.

NexPoint Residential Trust, Inc. (NXRT) Q4 2023 Earnings Call Transcript
Seeking Alpha20 February 2024 Sentiment: POSITIVE

NexPoint Residential Trust, Inc. (NXRT) Q4 2023 Earnings Call Transcript

NexPoint Residential Trust Inc. (NXRT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research20 February 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for NexPoint Residential Trust Inc. (NXRT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

NexPoint Residential Trust: Phoenix Rising
Seeking Alpha04 January 2024 Sentiment: POSITIVE

NexPoint Residential stock has suffered due to the rising interest rate environment and its highly leveraged, floating rate debt. However, the company has been selling assets and reducing its debt, resulting in a significant reduction in interest rate vulnerable debt and improved balance sheet. NXRT trades at a significant discount to its peers and has the potential for a 30% upside if it can regain market respect.

NexPoint Residential: A Solid Dividend And Large Discount
Seeking Alpha03 January 2024 Sentiment: POSITIVE

NexPoint Residential Trust is a residential REIT that owns and manages multi-family properties in the Southwestern and Southeastern U.S. The REIT's portfolio is widely diversified across large markets and has shown strong operating performance. Most importantly, the stock price is currently trading at a discount to NAV and results in an attractive dividend yield which looks safe.

NexPoint Residential Trust, Inc. (NXRT) Q3 2023 Earnings Call Transcript
Seeking Alpha31 October 2023 Sentiment: NEUTRAL

NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President and Chief Financial Officer Matt McGraner - Executive Vice President and Chief Investment Officer Bonner McDermett - Vice President of Asset & Investment Management Conference Call Participants Kyle Katorincek - Janney Montgomery Scott LLC Operator Thank you for standing by, and welcome to the NexPoint Residential Trust Q3 2023 Conference Call. I would now like to welcome Kristen Thomas, Investor Relations, to begin the call.

NexPoint Residential Trust: A 5.6% Yield From Sun Belt Multifamily Properties
Seeking Alpha16 October 2023 Sentiment: POSITIVE

NexPoint Residential Trust's common shares have dipped 29% year-to-date with its dividend yield at 5.6% rising to its highest level since 2016. The REIT focuses on multifamily properties in the Sun Belt region and last held a portfolio of 40 apartment properties. These are being progressively sold off to address debt. NXRT's value-add program and strong NOI growth have helped differentiate it from its peers, but rising interest rates have posed headwinds to core FFO growth.

  • 1(current)

What type of business is NexPoint Residential Trust?

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 estate experience.

What sector is NexPoint Residential Trust in?

NexPoint Residential Trust is in the Real Estate sector

What industry is NexPoint Residential Trust in?

NexPoint Residential Trust is in the Residential industry

What country is NexPoint Residential Trust from?

NexPoint Residential Trust is headquartered in United States

When did NexPoint Residential Trust go public?

NexPoint Residential Trust initial public offering (IPO) was on 19 March 2015

What is NexPoint Residential Trust website?

https://www.nexpointliving.com

Is NexPoint Residential Trust in the S&P 500?

No, NexPoint Residential Trust is not included in the S&P 500 index

Is NexPoint Residential Trust in the NASDAQ 100?

No, NexPoint Residential Trust is not included in the NASDAQ 100 index

Is NexPoint Residential Trust in the Dow Jones?

No, NexPoint Residential Trust is not included in the Dow Jones index

When does NexPoint Residential Trust report earnings?

The next expected earnings date for NexPoint Residential Trust is 25 July 2024