NexPoint Residential Trust (NYSE:NXRT) Stock Rating Upgraded by Zacks Research

NexPoint Residential Trust (NYSE:NXRT) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on the company. Wall Street Zen cut NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research note on Sunday, May 31st. Raymond James Financial reissued an “underperform” rating on shares of NexPoint Residential Trust in a research note on Friday, February 27th. Truist Financial reduced their price objective on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a research note on Tuesday, March 10th. Finally, Weiss Ratings raised NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $27.00.

NexPoint Residential Trust Trading Up 0.5%

Shares of NYSE NXRT opened at $28.98 on Thursday. The business’s 50 day moving average is $27.52 and its two-hundred day moving average is $28.74. The company has a debt-to-equity ratio of 5.75, a current ratio of 2.40 and a quick ratio of 2.40. NexPoint Residential Trust has a 1-year low of $23.79 and a 1-year high of $35.22. The stock has a market capitalization of $738.70 million, a P/E ratio of -22.82 and a beta of 1.19.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, topping the consensus estimate of ($0.37) by $0.10. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.The company had revenue of $63.54 million for the quarter, compared to analysts’ expectations of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. As a group, research analysts expect that NexPoint Residential Trust will post 2.2 EPS for the current year.

Insider Activity at NexPoint Residential Trust

In other NexPoint Residential Trust news, insider Matt Mcgraner bought 2,000 shares of the company’s stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $24.37 per share, for a total transaction of $48,740.00. Following the completion of the transaction, the insider directly owned 331,334 shares of the company’s stock, valued at approximately $8,074,609.58. This represents a 0.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paul Richards bought 2,000 shares of the company’s stock in a transaction on Monday, March 9th. The shares were acquired at an average price of $26.34 per share, with a total value of $52,680.00. Following the transaction, the insider directly owned 28,186 shares of the company’s stock, valued at approximately $742,419.24. This trade represents a 7.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 7,700 shares of company stock valued at $195,987 in the last 90 days. Company insiders own 16.63% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of NexPoint Residential Trust by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock valued at $73,325,000 after buying an additional 70,310 shares during the period. State Street Corp boosted its holdings in shares of NexPoint Residential Trust by 1.0% in the fourth quarter. State Street Corp now owns 1,298,438 shares of the financial services provider’s stock valued at $39,083,000 after purchasing an additional 12,424 shares during the period. Starwood Capital Group Management L.L.C. boosted its holdings in shares of NexPoint Residential Trust by 19.1% in the fourth quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock valued at $29,782,000 after purchasing an additional 158,750 shares during the period. Long Pond Capital LP boosted its holdings in shares of NexPoint Residential Trust by 54.9% in the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock valued at $25,370,000 after purchasing an additional 298,781 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of NexPoint Residential Trust by 49.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock valued at $24,894,000 after purchasing an additional 272,391 shares during the period. Hedge funds and other institutional investors own 76.61% of the company’s stock.

About NexPoint Residential Trust

NexPoint Residential Trust is a real estate investment trust focused on the acquisition, leasing and management of single‐family rental homes across the United States. The company targets suburban and Sun Belt markets with favorable demographic trends, seeking to build a diversified portfolio of standalone residences that serve the growing demand for quality rental housing. By concentrating on professionally managed homes rather than multi‐family apartments, NexPoint Residential Trust aims to offer tenants the benefits of privacy and space, while generating predictable rental income for investors.

The firm’s investment strategy combines direct acquisitions of built single‐family homes with selective joint ventures and partnerships to optimize scale and geographic diversification.