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

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

NexPoint Residential Trust Stock Performance

NYSE:NXRT traded up $0.12 during mid-day trading on Wednesday, hitting $40.54. The stock had a trading volume of 22,126 shares, compared to its average volume of 104,213. NexPoint Residential Trust has a 52 week low of $28.20 and a 52 week 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. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 23.23, a P/E/G ratio of 2.34 and a beta of 1.42. The company has a 50 day simple moving average of $39.98 and a 200-day simple moving average of $43.18.

NexPoint Residential Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 5.03%. NexPoint Residential Trust’s dividend payout ratio is currently 116.57%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.