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.
IPO Year: 2015
Exchange: NYSE
Website: nexpointliving.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $50.00 | Mkt Perform → Outperform | Raymond James |
| 5/24/2024 | Underperform → Mkt Perform | Raymond James | |
| 3/18/2024 | Mkt Perform → Underperform | Raymond James | |
| 1/30/2024 | $38.00 | Buy | Deutsche Bank |
| 12/20/2023 | $36.00 | Buy → Neutral | Janney |
| 1/9/2023 | $47.00 | Outperform → Neutral | Credit Suisse |
| 10/19/2022 | $78.00 → $45.00 | Buy → Hold | Jefferies |
| 9/20/2022 | $70.00 | Mkt Outperform | JMP Securities |
| 8/12/2022 | Neutral → Buy | Janney | |
| 6/23/2022 | $72.00 | Outperform | Credit Suisse |
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, 2022. Dr. Carol Swain, an award-winning political scientist and former tenured professor at Princeton and Vanderbilt Universities, is a Distinguished Senior Fellow for Constitutional Studies with the Texas Public Policy Foundation and an educational advisor for American Cornerstone Institute. She has served on the Tennessee Advisory Committee to the U.S. Civil Rights Commission, t
Board Continues Deflection Tactics to Avoid Accountability Current Trustees Refuse to Answer Serious Questions, Highlighting Need for New Leadership DALLAS, Nov. 7, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") provided an update on United Development Funding IV ("UDF IV" or the "Company") and the current Board of Trustees election. In a recent letter, NexPoint alerted fellow shareholders of the Company's persistent use of deflection tactics to evade accountability and shift focus away from its own failings. UDF IV has employed these tactics before. The Board and management blamed external parties for
DALLAS, Nov. 7, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, 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 REITworld: 2024 Annual Conference, to be held November 18-21 at the Wynn Las Vegas in Las Vegas. A copy of the meeting materials will be posted in the
Current Trustees Continue to Protect the Interests of the Board, UDF Management, and the Largest Borrower at Shareholders' ExpenseShareholders Should Not Be Misled by UDF IV's Ongoing Attempts to Deflect from the Board's Egregious ActionsDALLAS, Nov. 6, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on United Development Funding IV ("UDF IV" or the "Company"). NexPoint notes that UDF IV's current Board of Trustees continues to deflect attention from the Board's egregious actions and the Company's underperformance by pushing false and misleading narratives about NexPoint. Shareholders should instead focus on the
NXRT Boosts Quarterly Dividend by 10.3%; Announces Completed Refinancings of 17 Properties and $24.5 million of Disposition Activity DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the third quarter ended September 30, 2024. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(8.9)M, $15.7M, $17.9M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2024, compared to Net Income, FFO, Core FFO, and AFFO of $33.7M, $14.5M, $18.1M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2023.NXRT
DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on December 31, 2024, to stockholders of record on December 13, 2024. This represents an 10.3% increase over the previous quarter's dividend per share and an increase of 147.6% since inception in 2015. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol
DALLAS, Oct. 15, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today that the Company's properties did not sustain any material damages as a result of Hurricane Milton. The Company plans to provide additional updates in the event of a material change. 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 i
DALLAS, Oct. 3, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today the closing of 17-property mortgage refinancings through J.P. Morgan Chase Bank ("JP Morgan") and The Federal Home Loan Mortgage Corporation ("Freddie Mac"), the sale of Stone Creek at Old Farm, and the Company is scheduled to host a conference call on Tuesday, October 29, 2024, at 11:00 a.m. ET (10:00 a.m. CT), to discuss third quarter 2024 financial results. The Company entered into 17 loan agreements and expects to enter into 17 additional loan agree
DALLAS, Sept. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today that the Company's properties did not sustain any material damages as a result of Hurricane Helene. The Company plans to provide additional updates in the event of a material change. 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
NXRT Raises Full Year 2024 Guidance, Reports Net Income of $10.6 million, $39.25 million of Disposition Activity and $14.6 million of Share Repurchase Activity DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the second quarter ended June 30, 2024. Highlights NXRT1 reported Net Income, FFO2, Core FFO2 and AFFO2 of $10.6M, $16.3M, $17.9M and $20.9M, respectively, attributable to common stockholders for the quarter ended June 30, 2024, compared to Net Loss, FFO, Core FFO, and AFFO of $(4.0)M, $19.8M, $20.4M and $23.2M, respectively, attributable to common stockholders for the quarter ended June
DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on September 30, 2024, to stockholders of record on September 13, 2024. About NexPoint Residential Trust, Inc. 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 i
Current Trustees Continue to Protect the Interests of the Board, UDF Management, and the Largest Borrower at Shareholders' ExpenseShareholders Should Not Be Misled by UDF IV's Ongoing Attempts to Deflect from the Board's Egregious ActionsDALLAS, Nov. 6, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on United Development Funding IV ("UDF IV" or the "Company"). NexPoint notes that UDF IV's current Board of Trustees continues to deflect attention from the Board's egregious actions and the Company's underperformance by pushing false and misleading narratives about NexPoint. Shareholders should instead focus on the
NXRT Boosts Quarterly Dividend by 10.3%; Announces Completed Refinancings of 17 Properties and $24.5 million of Disposition Activity DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the third quarter ended September 30, 2024. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(8.9)M, $15.7M, $17.9M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2024, compared to Net Income, FFO, Core FFO, and AFFO of $33.7M, $14.5M, $18.1M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2023.NXRT
DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on December 31, 2024, to stockholders of record on December 13, 2024. This represents an 10.3% increase over the previous quarter's dividend per share and an increase of 147.6% since inception in 2015. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol
DALLAS, Oct. 3, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today the closing of 17-property mortgage refinancings through J.P. Morgan Chase Bank ("JP Morgan") and The Federal Home Loan Mortgage Corporation ("Freddie Mac"), the sale of Stone Creek at Old Farm, and the Company is scheduled to host a conference call on Tuesday, October 29, 2024, at 11:00 a.m. ET (10:00 a.m. CT), to discuss third quarter 2024 financial results. The Company entered into 17 loan agreements and expects to enter into 17 additional loan agree
NXRT Raises Full Year 2024 Guidance, Reports Net Income of $10.6 million, $39.25 million of Disposition Activity and $14.6 million of Share Repurchase Activity DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the second quarter ended June 30, 2024. Highlights NXRT1 reported Net Income, FFO2, Core FFO2 and AFFO2 of $10.6M, $16.3M, $17.9M and $20.9M, respectively, attributable to common stockholders for the quarter ended June 30, 2024, compared to Net Loss, FFO, Core FFO, and AFFO of $(4.0)M, $19.8M, $20.4M and $23.2M, respectively, attributable to common stockholders for the quarter ended June
DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on September 30, 2024, to stockholders of record on September 13, 2024. About NexPoint Residential Trust, Inc. 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 i
DALLAS, July 2, 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, July 30, 2024, at 11:00 a.m. ET (10:00 am CT), to discuss second quarter 2024 financial results. The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 5001576. A live audio webcast of the call will be available online at the Company's website, https://nxrt.nexpoint.com (under "Resour
NXRT Reports Net Income of $26.4 million; $49.4 million of Capital Recycling Activity and Full Repayment of the Drawn Balance on the Corporate Credit Facility DALLAS, April 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2024. Highlights NXRT1 reported Net Income, FFO2, Core FFO2 and AFFO2 of $26.3M, $18.9M, $19.6M and $22.6M, respectively, attributable to common stockholders for the quarter ended March 31, 2024, compared to Net Loss, FFO, Core FFO and AFFO of $(3.9)M, $19.3M, $18.6M and $21.0M, respectively, attributable to common stockholders for the quarter ended March
DALLAS, April 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on June 28, 2024, to stockholders of record on June 14, 2024. About NexPoint Residential Trust, Inc. 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 c
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. The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 5001576. A live audio webcast of the call will be available online at the Company's website, https://nxrt.nexpoint.com/home/defau
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
4 - NexPoint Residential Trust, Inc. (0001620393) (Issuer)
Raymond James upgraded NexPoint Residential from Mkt Perform to Outperform and set a new price target of $50.00
Raymond James upgraded NexPoint Residential from Underperform to Mkt Perform
Raymond James downgraded NexPoint Residential from Mkt Perform to Underperform
Deutsche Bank initiated coverage of NexPoint Residential with a rating of Buy and set a new price target of $38.00
Janney downgraded NexPoint Residential from Buy to Neutral and set a new price target of $36.00
Credit Suisse downgraded NexPoint Residential from Outperform to Neutral and set a new price target of $47.00
Jefferies downgraded NexPoint Residential from Buy to Hold and set a new price target of $45.00 from $78.00 previously
JMP Securities initiated coverage of NexPoint Residential with a rating of Mkt Outperform and set a new price target of $70.00
Janney upgraded NexPoint Residential from Neutral to Buy
Credit Suisse initiated coverage of NexPoint Residential with a rating of Outperform and set a new price target of $72.00
Ratings for NexPoint Residential (NYSE:NXRT) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for NexPoint Residential, presenting an average target of $36.0, a high estimate of $38.00, and a low estimate of $34.00. Holdi
Truist Securities analyst Michael Lewis maintains NexPoint Residential (NYSE:NXRT) with a Hold and raises the price target from $34 to $37.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. JP Morgan analyst Bill Peterson downgraded the rating for Cleveland-Cliffs Inc. (NYSE:CLF) from Overweight to Neutral, while lowering the price target from $23 to $17. Cleveland-Cliffs shares fell 1% to close at $15.65 on Monday. See how other analysts view this stock. Raymond James analyst Brian Peterson downgraded PowerSchool Holdings, Inc. (NYSE:PWSC) from Outperform to Market Perform. PowerSchool shares fell 0.5% to settle at $22.34 on Monday. See how other analysts view this stock
Deutsche Bank analyst Omotayo Okusanya downgrades NexPoint Residential (NYSE:NXRT) from Buy to Hold and maintains the price target from $38 to $38.
Truist Securities analyst Michael Lewis maintains NexPoint Residential (NYSE:NXRT) with a Hold and lowers the price target from $35 to $34.
U.S. residential home prices accelerated in February. Prices defied the gravitational pull of high mortgage costs and surpassed analysts’ expectations as reduced supply and robust economic momentum continued to drive up property valuations. U.S. house prices saw a 1.2% month-over-month growth in February 2024, the largest increase in a single month since April 2022, significantly outpacing expectations of a 0.1% growth, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). Home Prices ‘Rebounded’ Across the nine census divisions, the seasonally adjusted monthly price changes from January 2024 to February 2024 ranged from
NexPoint Residential (NYSE:NXRT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.68 by 10.29 percent. The company reported quarterly sales of $67.600 which missed the analyst consensus estimate of $66.579 million by 100.00 percent. This is a 100.00 percent decrease over sales of $69.200 million the same period last year.
Truist Securities analyst Michael Lewis maintains NexPoint Residential (NYSE:NXRT) with a Hold and lowers the price target from $37 to $35.
Raymond James analyst Buck Horne downgrades NexPoint Residential (NYSE:NXRT) from Market Perform to Underperform.
JMP Securities analyst Aaron Hecht reiterates NexPoint Residential (NYSE:NXRT) with a Market Outperform and maintains $40 price target.
8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
10-Q - NexPoint Residential Trust, Inc. (0001620393) (Filer)
8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
10-Q - NexPoint Residential Trust, Inc. (0001620393) (Filer)
8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
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8-K - NexPoint Residential Trust, Inc. (0001620393) (Filer)
ARS - NexPoint Residential Trust, Inc. (0001620393) (Filer)
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SC 13G/A - NexPoint Residential Trust, Inc. (0001620393) (Subject)
SC 13G/A - NexPoint Residential Trust, Inc. (0001620393) (Subject)
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SC 13G/A - NexPoint Residential Trust, Inc. (0001620393) (Subject)
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