NexPoint Residential Trust (NYSE:NXRT) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

NexPoint Residential Trust (NYSE:NXRT) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.02), Zacks reports. NexPoint Residential Trust had a return on equity of 9.54% and a net margin of 17.54%. NexPoint Residential Trust updated its FY 2025 guidance to 2.700-2.700 EPS.

NexPoint Residential Trust Stock Performance

Shares of NXRT opened at $39.42 on Tuesday. NexPoint Residential Trust has a 52 week low of $28.20 and a 52 week high of $48.37. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market capitalization of $1.00 billion, a PE ratio of 22.16, a PEG ratio of 2.34 and a beta of 1.42. The company’s 50 day moving average price is $40.07 and its 200 day moving average price is $43.20.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.00.

About NexPoint Residential Trust

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.