NexPoint Residential Trust Receives Mixed Reviews from Brokerages with ‘Hold’ Consensus Rating

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NexPoint Residential Trust, Inc. (NXRT) recently received a consensus rating of “Hold,” according to brokerages who have been following the stock. This mixed reception has left many investors uncertain about the company’s future prospects. NEXPOINT RESIDENTIAL TRUST ($NYSE:NXRT) is an internally managed real estate investment trust (REIT) that focuses on acquiring, owning and operating purpose-built, multi-family residential assets in the United States. It also provides turnkey services to its tenants, such as leasing, maintenance, and property management. Investors looking to invest in NXRT should consider the company’s strong fundamentals and consistent performance in the real estate industry.

The company has reported consistent earnings growth since its inception, and has outperformed its peers in several metrics over the past year. Ultimately, investors must decide whether the current consensus rating of “Hold” is warranted and if NXRT is a viable investment opportunity. While brokerages are generally optimistic about the company’s future prospects, it is important to do your own research to determine whether it is the right fit for you.

Share Price

NEXPOINT RESIDENTIAL TRUST received mixed reviews from brokerages this Tuesday, with a ‘Hold’ consensus rating. The stock opened at $34.6 and closed at $34.9, representing an increase of 1.0% from its previous closing price of 34.5. Investor sentiment was generally positive, despite the mixed reviews from brokerages.

The steady rise in the stock’s price could be attributed to the trust’s ongoing commitment to its stated goal of providing long-term diversity and stability to its investors. As of now, the company has no plans to modify its current strategy. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for NXRT. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for NXRT. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for NXRT. More…

Key Ratios Snapshot

Some of the financial key ratios for NXRT are shown below. More…

Analysis

GoodWhale has conducted an analysis of NEXPOINT RESIDENTIAL TRUST’s wellbeing, and the results show that NEXPOINT RESIDENTIAL TRUST is strong in asset, dividend, growth, and medium in profitability. The Star Chart shows an intermediate health score of 4/10 with regard to its cashflows and debt, meaning that NEXPOINT RESIDENTIAL TRUST might be able to safely ride out any crisis without the risk of bankruptcy. We have classified NEXPOINT RESIDENTIAL TRUST as a ‘cow’, a type of company we have determined has a track record of paying out consistent and sustainable dividends. Investors interested in a steady stream of income may be particularly interested in a company like NEXPOINT RESIDENTIAL TRUST. Investors looking for a company with a strong asset base and the potential for growth in the future may also find this company attractive. More…

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

NEXPOINT Residential Trust is an investment trust that invests in a portfolio of residential real estate-related assets, including single-family rental properties and related mortgage loans. Analysts have recently given the trust a consensus rating of “Hold”. This indicates that the stock is viewed as having limited upside potential in the near term.

Investors should do their own research and consider the current market conditions before making an investment decision. The trust has a good track record of delivering steady and reliable returns, though, and could be a viable investment for those with an appetite for risk.