NXRT Stock Recent News

NexPoint Residential Trust Inc. (NXRT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

DALLAS , Sept. 26, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, October 31, 2023, at 11:00 a.m.

The heavy selling pressure might have exhausted for NexPoint Residential Trust Inc. (NXRT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

NexPoint Residential Trust Inc. (NXRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Owner and operator of "value-add" multifamily properties, NexPoint Residential, reported Q2 results that were met with disappointment. Though the REIT reported strong performance at the property level, earnings growth was hamstrung by a higher interest burden. The higher interest expense combined with a pull-back in expectations for same-property growth led to negative revisions in full-year guidance.

NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q2 2023 Earnings Conference Call July 25, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President & Chief Financial Officer Matt McGraner - Executive Vice President & Chief Investment Officer Conference Call Participants Michael Lewis - Truist Securities Buck Horne - Raymond James Operator Ladies and gentlemen, thank you for standing by, and welcome to the NexPoint Residential Trust Q2 2023 Conference Call. I would now like to turn the call over to Kristen Thomas.

DALLAS , June 28, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, July 25, 2023, at 11:00 a.m. ET (10:00 am CT), to discuss second quarter 2023 financial results.

NexPoint Residential Trust: Strong Company In A Strong Market

DALLAS , May 31, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, and Bonner McDermett, NXRT's VP, Asset Management, will be meeting with investors and others at Nareit's REITweek: 2023 Investor Conference, to be held June 6-8 at the New York Hilton Midtown in New York City. A copy of the meeting materials will be posted in the Resources section of NXRT's website at nxrt.nexpoint.com on the morning of June 6, 2023.

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