Key Points
- Insider Matt Mcgraner bought 1,000 shares on March 11 at an average price of $26.14, raising his stake to 316,821 shares (about $8.28M), a 0.32% increase in his position.
- NexPoint declared a quarterly dividend of $0.53 per share (annualized $2.12) payable March 31 with an ex-dividend date of March 13, implying a yield of 8.2% and a dividend payout ratio of -166.93%.
- The stock has a consensus analyst rating of "Reduce" with a $37.83 target, while institutional investors own 76.61% of shares and several firms (Long Pond, Goldman, Starwood) materially increased positions; NXRT trades near its 12‑month low (~$25.47) versus a high of $40.78.
NexPoint Residential Trust, Inc. (NYSE:NXRT - Get Free Report) insider Matt Mcgraner purchased 1,000 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average price of $26.14 per share, for a total transaction of $26,140.00. Following the completion of the acquisition, the insider owned 316,821 shares of the company's stock, valued at $8,281,700.94. The trade was a 0.32% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Matt Mcgraner also recently made the following trade(s):
- On Monday, March 9th, Matt Mcgraner acquired 1,000 shares of NexPoint Residential Trust stock. The stock was purchased at an average price of $26.39 per share, with a total value of $26,390.00.
- On Thursday, March 5th, Matt Mcgraner bought 1,000 shares of NexPoint Residential Trust stock. The shares were purchased at an average cost of $27.79 per share, for a total transaction of $27,790.00.
NexPoint Residential Trust Price Performance
Shares of NYSE NXRT opened at $25.72 on Friday. NexPoint Residential Trust, Inc. has a twelve month low of $25.47 and a twelve month high of $40.78. The stock's 50 day moving average price is $29.59 and its 200-day moving average price is $30.73. The company has a market capitalization of $653.44 million, a PE ratio of -20.25 and a beta of 1.19. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 5.27.
NexPoint Residential Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Friday, March 13th. NexPoint Residential Trust's dividend payout ratio (DPR) is -166.93%.
Hedge Funds Weigh In On NexPoint Residential Trust
Institutional investors and hedge funds have recently bought and sold shares of the company. Long Pond Capital LP increased its position in NexPoint Residential Trust by 54.9% in the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider's stock worth $25,370,000 after buying an additional 298,781 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of NexPoint Residential Trust by 49.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider's stock valued at $24,894,000 after buying an additional 272,391 shares during the last quarter. DigitalBridge Group Inc. bought a new position in shares of NexPoint Residential Trust during the 3rd quarter worth $7,443,000. Marnell Management LLC bought a new position in shares of NexPoint Residential Trust during the 4th quarter worth $5,220,000. Finally, Starwood Capital Group Management L.L.C. increased its holdings in NexPoint Residential Trust by 19.1% in the 4th quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider's stock worth $29,782,000 after acquiring an additional 158,750 shares during the last quarter. 76.61% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
NXRT has been the subject of a number of recent analyst reports. Raymond James Financial restated an "underperform" rating on shares of NexPoint Residential Trust in a research note on Friday, February 27th. Wall Street Zen cut NexPoint Residential Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. Citigroup reissued a "market perform" rating on shares of NexPoint Residential Trust in a report on Tuesday. Weiss Ratings restated a "sell (d)" rating on shares of NexPoint Residential Trust in a research report on Thursday, January 22nd. Finally, Zacks Research raised shares of NexPoint Residential Trust from a "strong sell" rating to a "hold" rating in a research report on Friday, January 16th. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, NexPoint Residential Trust currently has a consensus rating of "Reduce" and a consensus target price of $37.83.
Check Out Our Latest Stock Report on NexPoint Residential Trust
NexPoint Residential Trust Company Profile
(
Get Free Report)
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.
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