NexPoint Residential Trust (NYSE:NXRT – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.700-2.700 for the period, compared to the consensus estimate of 2.700. The company issued revenue guidance of -.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research note on Friday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $49.00.
Get Our Latest Stock Report on NXRT
NexPoint Residential Trust Trading Up 4.8 %
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The financial services provider reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.02). NexPoint Residential Trust had a return on equity of 9.54% and a net margin of 17.54%. Analysts expect that NexPoint Residential Trust will post 2.86 EPS for the current year.
NexPoint Residential Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 4.99%. NexPoint Residential Trust’s payout ratio is presently 116.57%.
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.
Recommended Stories
- Five stocks we like better than NexPoint Residential Trust
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Roth IRA Calculator: Calculate Your Potential Returns
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
- What is a Special Dividend?
- Home Depot Turns a Corner: New Highs Likely This Year
Receive News & Ratings for NexPoint Residential Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Residential Trust and related companies with MarketBeat.com's FREE daily email newsletter.