Public Employees Retirement System of Ohio Acquires Shares of 35,756 NexPoint Residential Trust, Inc. $NXRT

Public Employees Retirement System of Ohio acquired a new position in NexPoint Residential Trust, Inc. (NYSE:NXRT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 35,756 shares of the financial services provider’s stock, valued at approximately $998,000.

A number of other large investors have also recently made changes to their positions in NXRT. Bank of America Corp DE purchased a new stake in shares of NexPoint Residential Trust during the 2nd quarter valued at about $1,591,000. Jupiter Topco LLC purchased a new position in NexPoint Residential Trust in the second quarter worth about $280,000. Hsbc Holdings PLC purchased a new position in NexPoint Residential Trust in the second quarter worth about $369,000. Canada Pension Plan Investment Board bought a new stake in NexPoint Residential Trust during the second quarter worth approximately $307,000. Finally, Legal & General Group Plc bought a new stake in shares of NexPoint Residential Trust in the 2nd quarter valued at approximately $1,311,000. 76.61% of the stock is currently owned by institutional investors.

NexPoint Residential Trust Price Performance

NXRT opened at $23.29 on Wednesday. The business’s 50-day moving average is $25.64 and its two-hundred day moving average is $26.81. NexPoint Residential Trust, Inc. has a 1 year low of $23.10 and a 1 year high of $34.47. The company has a debt-to-equity ratio of 6.41, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market capitalization of $595.06 million, a PE ratio of -17.51 and a beta of 1.15.

NexPoint Residential Trust (NYSE:NXRT) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.03. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. The business had revenue of $64.61 million during the quarter, compared to analyst estimates of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. Research analysts anticipate that NexPoint Residential Trust, Inc. will post 2.38 earnings per share for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 9.1%. NexPoint Residential Trust’s dividend payout ratio is presently -159.40%.

Wall Street Analysts Forecast Growth

NXRT has been the subject of a number of recent analyst reports. Citizens Jmp reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday, August 20th. Truist Financial cut their price target on NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, June 30th. Zacks Research cut shares of NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of NexPoint Residential Trust in a research note on Monday, July 20th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Four analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $22.00.

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.