NexPoint Residential Trust (NYSE:NXRT) Stock Price Breaks Below Fifty Day Moving Average – What’s Next?

NexPoint Residential Trust, Inc. (NYSE:NXRT) crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $21.47 and traded as low as $18.10. NexPoint Residential Trust shares last traded at $19.0840, with a volume of 431,780 shares.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NXRT. Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Citigroup reaffirmed a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Weiss Ratings downgraded NexPoint Residential Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, October 8th. Zacks Research downgraded shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Finally, Truist Financial lowered their target price on NexPoint Residential Trust from $26.00 to $18.00 and set a “hold” rating on the stock in a report on Tuesday, September 29th. Three analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, NexPoint Residential Trust currently has an average rating of “Reduce” and an average target price of $20.50.

NexPoint Residential Trust Trading Down 1.7%

The business has a 50 day simple moving average of $21.35 and a 200-day simple moving average of $25.30. The stock has a market capitalization of $479.60 million, a price-to-earnings ratio of -14.11, a PEG ratio of 0.33 and a beta of 1.18. The company has a debt-to-equity ratio of 6.41, a current ratio of 1.92 and a quick ratio of 1.92.

NexPoint Residential Trust (NYSE:NXRT) last released its 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 return on equity of 11.75% and a negative net margin of 13.22%. The firm had revenue of $64.61 million for the quarter, compared to analysts’ expectations of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, equities analysts expect that NexPoint Residential Trust, Inc. will post 2.23 earnings per share for the current year.

NexPoint Residential Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 11.3%. NexPoint Residential Trust’s dividend payout ratio is -159.40%.

Insider Activity

In other NexPoint Residential Trust news, insider Matt Mcgraner acquired 5,500 shares of NexPoint Residential Trust stock in a transaction dated Monday, October 5th. The stock was purchased at an average cost of $18.42 per share, for a total transaction of $101,310.00. Following the completion of the acquisition, the insider directly owned 361,605 shares of the company’s stock, valued at $6,660,764.10. This represents a 1.54% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 16.63% of the stock is owned by company insiders.

Institutional Investors Weigh In On NexPoint Residential Trust

Several institutional investors have recently made changes to their positions in NXRT. Allworth Financial LP bought a new position in shares of NexPoint Residential Trust during the 2nd quarter valued at about $33,000. Ameritas Advisory Services LLC bought a new position in NexPoint Residential Trust during the 2nd quarter valued at approximately $39,000. PNC Financial Services Group Inc. lifted its stake in NexPoint Residential Trust by 29.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 397 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of NexPoint Residential Trust in the 2nd quarter worth about $51,000. Finally, Signaturefd LLC boosted its position in NexPoint Residential Trust by 183.0% during the 3rd quarter. Signaturefd LLC now owns 3,456 shares of the financial services provider’s stock valued at $67,000 after acquiring an additional 2,235 shares in the last quarter. Hedge funds and other institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Company Profile

NexPoint Residential Trust, Inc (NYSE: NXRT) is a publicly traded real estate investment trust focused on acquiring, owning, operating and selectively renovating multifamily apartment communities. The company generally targets value-add properties, seeking to improve their operating performance and resident appeal through renovations, property management initiatives and other capital improvements.

NexPoint Residential Trust’s portfolio is concentrated primarily in the Southeastern and Southwestern United States.