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

NexPoint Residential Trust (NYSE:NXRT) released 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 net margin of 17.54% and a return on equity of 9.54%. NexPoint Residential Trust updated its FY 2025 guidance to 2.700-2.700 EPS.

NexPoint Residential Trust Stock Up 1.2 %

NXRT stock opened at $39.42 on Tuesday. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 2.34 and a beta of 1.42. The company has a 50-day moving average of $40.07 and a two-hundred day moving average of $43.20. 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 current ratio of 1.79 and a quick ratio of 1.79.

Analysts Set New Price Targets

Separately, StockNews.com raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.