NexPoint Residential Trust, Inc.
boothcheck covers NexPoint Residential Trust, Inc. (NXRT) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 28, 2026.
• A Sun Belt Class-B apartment REIT renovating older units to push rents, running 93.5% leased across 36 properties and roughly 13,300 units at an average monthly rent near $1,485 [Source: NXRT Q1 2026 results, April 2026]. • The defining risk is leverage in a soft-rent year: net debt is about $1.58 billion against funds from operations, fixed-charge coverage is only about 2 times, and same-store NOI fell 2.7% in the first quarter, so a higher-for-longer rate environment squeezes the equity mor
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198 institutional managers reported holding NXRT in 13F filings for the quarter ended 2026-03-31. Together they hold about 81% of the company; the top 10 hold 53%. 25 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 1.1M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (5.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
NXRT's share count grew 1% over the past five years even with $120.30M spent on repurchases. It pays a dividend, and has paid one every year in our records (12 and counting), raised 10 years straight; the current rate is $2.06 a share annually. Cash returned over the past three years: $140.01M in dividends and $109.17M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at NXRT over the trailing three years: 2025: 4 buys totaling $391k; 2026: 9 buys totaling $278k. 10 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
NXRT's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-29 | -10.2% | -21.7% |
| 2023-11-10 | -0.3% | +9.3% |
| 2024-02-28 | -6.5% | +20.6% |
| 2024-05-04 | +2.3% | +10.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
NXRT's latest 8-K filings: 2026-08-04 (items 2.02, 9.01); 2026-06-09 (items 1.01); 2026-06-02 (items 5.07); 2026-04-28 (items 2.02, 9.01); 2026-02-24 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.