NexPoint Residential Trust (NYSE:NXRT – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.700-2.700 for the period, compared to the consensus earnings per share estimate of 2.700. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Friday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, NexPoint Residential Trust has a consensus rating of “Moderate Buy” and a consensus price target of $49.00.
View Our Latest Report on NXRT
NexPoint Residential Trust Trading Up 4.8 %
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last issued its quarterly earnings results 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 net margin of 17.54% and a return on equity of 9.54%. On average, equities research analysts anticipate that NexPoint Residential Trust will post 2.86 earnings per share for the current fiscal year.
NexPoint Residential Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.99%. NexPoint Residential Trust’s dividend payout ratio is presently 116.57%.
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.
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