NEXPOINT RESIDENTIAL TRUST earnings estimates lowered by Jefferies Financial Group Equities Analysts.

Trending News ☀️

NEXPOINT ($NYSE:NXRT): NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust focused on acquiring, owning and operating multifamily properties. The company’s earnings estimates were lowered by Jefferies Financial Group Equities Analysts. The lowered earnings estimate is due to a number of factors, including a higher than expected increase in operating expenses and a higher than expected decrease in revenue.

Market Price

This news comes after a string of mostly positive news for the company. Despite this news, the stock opened at $41.1 on Monday and closed at $40.9, up 0.7% from its last closing price of $40.6.

VI Analysis

Company fundamentals are important to understand because they reflect a company’s long-term potential. The VI app makes analyzing a company’s fundamentals easy by providing a star chart that shows a company’s strengths and weaknesses. NEXPOINT RESIDENTIAL TRUST is strong in asset, dividend, growth, and medium in profitability. NEXPOINT RESIDENTIAL TRUST is classified as a “cow,” a type of company that has a track record of paying out consistent and sustainable dividends.

This type of company is usually of interest to investors who are looking for a steady income stream. NEXPOINT RESIDENTIAL TRUST has an intermediate health score of 4/10 with regard to its cashflows and debt, meaning that it might be able to pay off debt and fund future operations.

VI Peers

The company is headquartered in Dallas, Texas and was founded in 2010. NexPoint Residential Trust Inc. has a portfolio of over 26,000 units across the United States. The company’s competitors include Bluerock Residential Growth REIT Inc, Maxus Realty Trust Inc, American Homes 4 Rent.

– Bluerock Residential Growth REIT Inc ($OTCPK:MRTI)

Maxus Realty Trust Inc is a real estate investment trust that primarily focuses on the ownership and operation of shopping centers. As of 2022, the company’s market cap totaled 11.88 million and its ROE was 11.97%. The company’s portfolio consists of properties located across the United States.

– Maxus Realty Trust Inc ($NYSE:AMH)

American Homes 4 Rent is an American real estate investment trust that invests in, acquires, and manages single-family rental properties. As of December 31, 2020, the company owned 53,545 homes in 26 states.

American Homes 4 Rent has a market cap of $11.04 billion as of 2022. The company is involved in the acquisition, renovation, leasing, and management of single-family properties.

Summary

If you’re looking for a stable real estate investment, Nexpoint Residential Trust could be a good option. The company owns and operates a diversified portfolio of apartments across the United States, and its properties are generally well-maintained and generate consistent cash flow. NXRT has a strong management team with extensive experience in the apartment industry, and the company is focused on creating value for shareholders through disciplined capital allocation and proactive asset management. The stock is currently trading at a discount to its net asset value, making it an attractive investment for long-term shareholders.