NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. The company is headquartered in Dallas, Texas and currently employs 2 full-time employees. The company went IPO on 2015-03-19. The firm is 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. The Company’s investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program. The firm may allocate up to 30% of the portfolio to investments in real estate-related debt and securities with the potential for high current income or total returns. These allocations may include first and second mortgages and subordinated, bridge, mezzanine, construction and other loans. The company is externally managed by NexPoint Real Estate Advisors, L.P.
Follow-Up Questions
What is NexPoint Residential Trust Inc (NXRT)'s P/E Ratio?
The P/E ratio of NexPoint Residential Trust Inc is 740.3874
What is the price performance of NXRT stock?
The current price of NXRT is $32.54, it has decreased 0% in the last trading day.
What are the primary business themes or industries for NexPoint Residential Trust Inc?
NexPoint Residential Trust Inc belongs to Real Estate industry and the sector is Real Estate
What is NexPoint Residential Trust Inc market cap?
NexPoint Residential Trust Inc's current market cap is $825.2M
Is NexPoint Residential Trust Inc a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for NexPoint Residential Trust Inc, including 3 strong buy, 3 buy, 8 hold, 0 sell, and 3 strong sell
