NexPoint Residential Trust (NXRT) PT Raised to $47 at B.Riley/FBR

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Go back to NexPoint Residential Trust (NXRT) PT Raised to $47 at B.Riley/FBR

Compass Point Upgrades NexPoint Residential Trust (NXRT) to Buy

July 31, 2019 5:16 AM EDT

Compass Point upgraded NexPoint Residential Trust (NYSE: NXRT) from Neutral to Buy with a price target of $46.50.

For an analyst ratings summary and ratings history on NexPoint Residential Trust click here. For more ratings news on NexPoint Residential Trust click here.

Shares of NexPoint Residential Trust closed at $41.50 yesterday.

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NexPoint Residential Trust (NXRT) Tops Q2 EPS by 9c; Raises FY19 EPS Outlook

July 30, 2019 7:19 AM EDT

NexPoint Residential Trust (NYSE: NXRT) reported Q2 EPS of ($0.08), $0.09 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $43.1 million versus the consensus estimate of $43.51 million.

Second Quarter 2019 Financial Results

Total revenues were $43.1 million for the second quarter of 2019, compared to $35.7 million for the second quarter of 2018.Net loss for the second quarter of 2019 totaled $(2.0) million, or a loss of $(0.08) per diluted share, which included $13.1 million of depreciation and amortization expense. This compared to... More