Stock News Summary: NexPoint Residential Trust (NYSE: NXRT)

NexPoint Residential Trust (NYSE: NXRT) spotted trading -4.86% off 52-week high price. On the other end, the stock has been noted 51.02% away from the low price over the last 52-weeks. The stock changed -2.90% to recent value of $41.5. The stock transacted 141444 shares during most recent day however it has an average volume of 85.01K shares. The company has 23.39M of outstanding shares and 21.27M shares were floated in the market.

On July 30, 2019, NexPoint Residential Trust (NYSE: NXRT) announced that NXRT’s board of directors has declared a quarterly dividend of $0.275 per share of NXRT common stock, payable on September 30, 2019 to stockholders of record on September 13, 2019.

About NexPoint Residential Trust

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 Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser.

Its earnings per share (EPS) expected to touch remained -103.00% for this year while earning per share for the next 5-years is expected to reach at 5.00%. NXRT has a gross margin of 92.10% and an operating margin of 9.10% while its profit margin remained -10.50% for the last 12 months.

The price moved ahead of -1.79% from the mean of 20 days, 1.09% from mean of 50 days SMA and performed 10.68% from mean of 200 days price. Company’s performance for the week was 0.75%, 0.24% for month and YTD performance remained 18.40%.

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