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.
Sunbelt REIT Success | NexPoint Residential Trust excels in affordable housing, leveraging strategic Sunbelt locations and strong financials to outperform market expectations |
Value-Add Strategy | Explore NXRT's rehabilitation program, driving revenue growth through property upgrades and positioning the company to capitalize on market opportunities |
Market Dynamics | Delve into the supply-demand balance in NXRT's target markets, with analysts projecting favorable conditions despite potential supply headwinds |
Financial Outlook | Analyst price targets range from $40 to $50, reflecting confidence in NXRT's growth potential amid interest rate challenges and portfolio optimization efforts |
Metrics to compare | NXRT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipNXRTPeersSector | |
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P/E Ratio | −28.0x | −4.7x | 8.5x | |
PEG Ratio | 0.19 | 0.02 | 0.01 | |
Price/Book | 2.4x | 1.4x | 0.9x | |
Price / LTM Sales | 3.5x | 4.9x | 3.8x | |
Upside (Analyst Target) | 18.2% | 12.7% | 16.9% | |
Fair Value Upside | Unlock | −6.6% | 2.6% | Unlock |