Ohio-Based Strs Invests in NexPoint Residential Trust, with 8,884 Share Purchase
January 17, 2023
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NEXPOINT ($NYSE:NXRT): NexPoint Residential Trust, Inc. is a publicly-traded real estate investment trust (REIT) that specializes in the acquisition, ownership, and management of multifamily residential properties located in the United States. The company is headquartered in Dallas, Texas and is listed on the New York Stock Exchange. This purchase signals Strs’ confidence in the company and its ability to deliver solid returns for its investors. NexPoint Residential Trust, Inc. has seen an increase in its stock price since the announcement of Strs’ investment. This has been attributed to the trust’s strong performance in recent times and its expansive portfolio of properties.
The company has been able to increase its revenue and maintain healthy occupancy rates, even during the pandemic. Furthermore, NexPoint Residential Trust, Inc.’s management team has been praised for their ability to navigate the difficult market conditions. With this investment, Strs is now one of the largest shareholders of NexPoint Residential Trust, Inc. and will be able to benefit from their impressive performance.
Stock Price
Media sentiment so far has been mostly positive regarding the investment. On Thursday, NexPoint Residential Trust stock opened at $43.4 and closed at $44.6, up by 3.3% from the prior closing price of $43.2.
Additionally, the company has made strategic acquisitions over the past few years which have helped to expand its portfolio and increase its returns. Given Strs’ investment in NexPoint Residential Trust, Inc., it appears that the company is confident in its current financial position and future prospects. With a strong balance sheet and growing revenue base, NexPoint Residential Trust could be a good opportunity for investors looking to add income-generating real estate stocks to their portfolios. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NXRT. More…
| Total Revenues | Net Income | Net Margin |
| 253.1 | 25.67 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NXRT. More…
| Operations | Investing | Financing |
| 81 | -235.91 | 194.32 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NXRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.27k | 1.73k | 18.42 |
Key Ratios Snapshot
Some of the financial key ratios for NXRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 10.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
NEXPOINT RESIDENTIAL TRUST is a low risk investment according to the VI Risk Rating. This assessment takes into account a variety of factors, such as revenue growth, operating costs, and balance sheet health. The assessment reveals that the company has a strong financial and business potential and is a safe bet for investors. The assessment also identified one risk warning in the company’s balance sheet. Becoming a registered user with the VI app gives investors access to more detailed information about the company’s fundamentals, including this risk warning. This provides investors with the opportunity to make an informed decision about their investments. Overall, the VI Risk Rating indicates that NEXPOINT RESIDENTIAL TRUST is a low risk investment. The app’s comprehensive analysis of the company’s fundamentals makes it easier for investors to make quick decisions about where to put their money. With the company’s strong financial and business performance and the additional insight provided by the app, investors can rest assured that their money is going into a safe investment. More…
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
The stock price of the company has increased on the same day, indicating positive investor sentiment towards the company. As a result, it may be a good idea to invest in NEXPOINT Residential Trust, Inc. as the overall market outlook appears to be favorable. However, it is essential to do your own research and analysis before investing in any stock, as there are many factors that can influence performance.
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