NexPoint Residential Trust (NYSE:NXRT) Issues FY 2025 Earnings Guidance

NexPoint Residential Trust (NYSE:NXRT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.700-2.700 for the period, compared to the consensus earnings per share estimate of 2.700. The company issued revenue guidance of -.

NexPoint Residential Trust Stock Up 2.6 %

NexPoint Residential Trust stock traded up $1.07 during midday trading on Thursday, hitting $41.60. The stock had a trading volume of 47,981 shares, compared to its average volume of 104,843. The stock has a market cap of $1.06 billion, a P/E ratio of 23.77, a P/E/G ratio of 2.34 and a beta of 1.42. The business has a fifty day moving average price of $39.94 and a 200 day moving average price of $43.16. NexPoint Residential Trust has a 12 month low of $28.20 and a 12 month high of $48.37. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.25.

NexPoint Residential Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.04 annualized dividend and a dividend yield of 4.90%. NexPoint Residential Trust’s dividend payout ratio is presently 116.57%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.00.

NexPoint Residential Trust Company Profile

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.