News stories about NexPoint Residential Trust (NYSE:NXRT) have been trending somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NexPoint Residential Trust earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 48.0123640165015 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

Shares of NexPoint Residential Trust (NYSE NXRT) traded up $0.24 during mid-day trading on Friday, reaching $27.63. The company’s stock had a trading volume of 56,200 shares, compared to its average volume of 72,963. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 3.09. NexPoint Residential Trust has a one year low of $22.28 and a one year high of $29.40. The firm has a market cap of $581.87 and a price-to-earnings ratio of 10.23.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend was Thursday, December 14th. This is a positive change from NexPoint Residential Trust’s previous quarterly dividend of $0.22. NexPoint Residential Trust’s payout ratio is 37.04%.

A number of research analysts recently issued reports on NXRT shares. B. Riley boosted their price objective on NexPoint Residential Trust from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of NexPoint Residential Trust in a research report on Thursday, November 2nd. BidaskClub lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Friday, October 6th. Finally, ValuEngine lowered NexPoint Residential Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $28.50.

In other NexPoint Residential Trust news, insider James D. Dondero purchased 14,065 shares of NexPoint Residential Trust stock in a transaction on Tuesday, January 9th. The stock was bought at an average price of $27.68 per share, for a total transaction of $389,319.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider James D. Dondero purchased 18,000 shares of NexPoint Residential Trust stock in a transaction on Thursday, December 14th. The shares were acquired at an average price of $26.65 per share, with a total value of $479,700.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 42,065 shares of company stock valued at $1,154,019 in the last quarter. 19.00% of the stock is currently owned by insiders.

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About NexPoint Residential Trust

NexPoint Residential Trust, Inc is an externally managed real estate investment trust (REIT). The Company’s investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program.

Insider Buying and Selling by Quarter for NexPoint Residential Trust (NYSE:NXRT)

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