| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
NXRT Stock Overview
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.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$82.46 |
| 52 Week High | US$84.54 |
| 52 Week Low | US$39.13 |
| Beta | 1.04 |
| 1 Month Change | 5.09% |
| 3 Month Change | 25.17% |
| 1 Year Change | 93.93% |
| 3 Year Change | 124.93% |
| 5 Year Change | 255.74% |
| Change since IPO | 468.69% |
Recent News & Updates
NexPoint Residential 3Q21: Raging Rents And Recycling Capital In The Sunbelt
Portfolio same-store rents rise +6.8%. Same-store NOI climbs +6.6%. Y-O-Y core FFO/share jumps +22.6%. REIT boosts dividend by 11.4% - the sixth sequential annual increase. NexPoint is moving value-add program to better demographics in North Carolina.
Keep An Eye On NexPoint For Real Estate Value
The NexPoint Residential Trust offers investors a way to gain access to high-quality middle-class apartments in fast-growing areas. The company has a solid balance sheet and the ability to generate value for its shareholders through consistent dividend hikes. Unfortunately, the valuation has become lofty, which is why I am waiting for a correction before buying.
Shareholder Returns
| NXRT | US REITs | US Market | |
|---|---|---|---|
| 7D | 4.1% | -1.4% | -0.5% |
| 1Y | 93.9% | 30.5% | 13.7% |
Return vs Industry: NXRT exceeded the US REITs industry which returned 30.5% over the past year.
Return vs Market: NXRT exceeded the US Market which returned 13.7% over the past year.
Price Volatility
| NXRT volatility | |
|---|---|
| NXRT Average Weekly Movement | 3.7% |
| REITs Industry Average Movement | 3.9% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: NXRT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NXRT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 3 | Jim Dondero | https://www.nexpointliving.com |
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. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.
NexPoint Residential Trust Fundamentals Summary
| NXRT fundamental statistics | |
|---|---|
| Market Cap | US$2.09b |
| Earnings (TTM) | -US$19.88m |
| Revenue (TTM) | US$211.29m |
9.9x
P/S Ratio-105.1x
P/E RatioIs NXRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXRT income statement (TTM) | |
|---|---|
| Revenue | US$211.29m |
| Cost of Revenue | US$93.53m |
| Gross Profit | US$117.76m |
| Expenses | US$137.64m |
| Earnings | -US$19.88m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 15, 2022
| Earnings per share (EPS) | -0.78 |
| Gross Margin | 55.73% |
| Net Profit Margin | -9.41% |
| Debt/Equity Ratio | 379.6% |
How did NXRT perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield56%
Payout RatioValuation
Is NexPoint Residential Trust undervalued compared to its fair value and its price relative to the market?
19.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NXRT ($82.46) is trading below our estimate of fair value ($102.89)
Significantly Below Fair Value: NXRT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NXRT is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: NXRT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NXRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NXRT is overvalued based on its PB Ratio (5.2x) compared to the US REITs industry average (2x).
Future Growth
How is NexPoint Residential Trust forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
28.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NXRT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NXRT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NXRT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NXRT's revenue (4.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: NXRT's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NXRT's Return on Equity is forecast to be high in 3 years time
Past Performance
How has NexPoint Residential Trust performed over the past 5 years?
5.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NXRT is currently unprofitable.
Growing Profit Margin: NXRT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NXRT is unprofitable, but has reduced losses over the past 5 years at a rate of 5.9% per year.
Accelerating Growth: Unable to compare NXRT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NXRT is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (29.5%).
Return on Equity
High ROE: NXRT has a negative Return on Equity (-4.86%), as it is currently unprofitable.
Financial Health
How is NexPoint Residential Trust's financial position?
Financial Position Analysis
Short Term Liabilities: NXRT's short term assets ($122.9M) exceed its short term liabilities ($46.9M).
Long Term Liabilities: NXRT's short term assets ($122.9M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: NXRT's net debt to equity ratio (375.1%) is considered high.
Reducing Debt: NXRT's debt to equity ratio has increased from 248.9% to 379.6% over the past 5 years.
Debt Coverage: NXRT's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: NXRT's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
Dividend
What is NexPoint Residential Trust current dividend yield, its reliability and sustainability?
1.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NXRT's dividend (1.84%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: NXRT's dividend (1.84%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NXRT has been paying a dividend for less than 10 years.
Growing Dividend: NXRT's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.8%), NXRT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NXRT's dividends in 3 years are forecast to be covered by earnings (58.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Jim Dondero (58 yo)
6.83yrs
Tenure
US$3,516,187
Compensation
Mr. James David Dondero, also known as Jim, CFA, CMA, CPA, served as a Director of Vinebrook Homes Trust, Inc. until August 22, 2021 and had been its Chief Executive Officer and President since February 20...
Leadership Team
Experienced Management: NXRT's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: NXRT's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Top Shareholders
Company Information
NexPoint Residential Trust, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: NexPoint Residential Trust, Inc.
- Ticker: NXRT
- Exchange: NYSE
- Founded: NaN
- Industry: Residential REITs
- Sector: Real Estate
- Implied Market Cap: US$2.088b
- Market Cap: US$2.082b
- Shares outstanding: 25.32m
- Website: https://www.nexpointliving.com
Number of Employees
Location
- NexPoint Residential Trust, Inc.
- 300 Crescent Court
- Suite 700
- Dallas
- Texas
- 75201
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 23:19 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.