Tearsheet

NexPoint Residential Trust (NXRT)


Market Price (11/5/2025): $30.92 | Market Cap: $784.3 Mil
Sector: Real Estate | Industry: Multi-Family Residential REITs

NexPoint Residential Trust (NXRT)


Market Price (11/5/2025): $30.92
Market Cap: $784.3 Mil
Sector: Real Estate
Industry: Multi-Family Residential REITs

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%
Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -96%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 186%
1 Attractive yield
Dividend Yield is 6.8%, FCF Yield is 11%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.0%, Rev Chg QQuarterly Revenue Change % is -2.0%
2 Low stock price volatility
Vol 12M is 29%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%
1 Attractive yield
Dividend Yield is 6.8%, FCF Yield is 11%
2 Low stock price volatility
Vol 12M is 29%
3 Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -96%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 186%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.0%, Rev Chg QQuarterly Revenue Change % is -2.0%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%

Market Valuation & Key Metrics

NXRT Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
NXRT Return-3%103%-47%-17%27%-23%-15%
Peers Return-7%63%-30%2%12%-10%9%
S&P 500 Return16%27%-19%24%23%15%112%

Monthly Win Rates [3]
NXRT Win Rate58%83%33%33%58%20% 
Peers Win Rate48%80%28%45%57%36% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
NXRT Max Drawdown-51%-7%-52%-37%-18%-25% 
Peers Max Drawdown-40%-6%-34%-17%-12%-15% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: SUI, UDR, CPT, BRT, AVB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/4/2025 (YTD)

How Low Can It Go

Unique KeyEventNXRTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-71.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven255.1%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-58.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven139.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven424 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-19.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven24.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven167 days120 days

Compare to SUI, UDR, CPT, BRT, AVB


In The Past

NexPoint Residential Trust's stock fell -71.8% during the 2022 Inflation Shock from a high on 4/28/2022. A -71.8% loss requires a 255.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About NexPoint Residential Trust (NXRT)

Better Bets than NexPoint Residential Trust (NXRT)

Trade Ideas

Select past ideas related to NXRT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-1.5%-1.5%-1.5%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-1.5%-1.5%-1.5%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for NexPoint Residential Trust

Financials

NXRTSUIUDRCPTBRTAVBMedian
NameNexPoint.Sun Comm.UDR Camden P.BRT Apar.AvalonBa. 
Mkt Price30.94124.8034.27101.4014.86176.0667.84
Mkt Cap0.815.511.311.00.325.011.2
Rev LTM2513,2221,7021,561962,9811,631
Op Inc LTM3052430929310920301
FCF LTM84816602414251,387508
FCF 3Y Avg86798564388221,378476
CFO LTM84816882793251,609804
CFO 3Y Avg86798856788221,581793

Growth & Margins

NXRTSUIUDRCPTBRTAVBMedian
NameNexPoint.Sun Comm.UDR Camden P.BRT Apar.AvalonBa. 
Rev Chg LTM-4.5%31.4%2.4%0.8%1.5%4.9%1.9%
Rev Chg 3Y Avg-0.0%7.0%5.2%7.3%37.1%6.9%7.0%
Rev Chg Q-2.0%0.7%2.8%2.4%-0.2%4.7%1.6%
QoQ Delta Rev Chg LTM-0.5%0.1%0.7%0.6%-0.1%1.2%0.4%
Op Mgn LTM12.1%16.3%18.2%18.8%10.7%30.9%17.2%
Op Mgn 3Y Avg13.6%17.4%17.6%19.6%8.5%31.5%17.5%
QoQ Delta Op Mgn LTM0.8%0.4%0.3%-0.4%-0.4%-0.7%-0.0%
CFO/Rev LTM33.4%25.3%51.8%50.8%26.4%54.0%42.1%
CFO/Rev 3Y Avg32.5%27.8%51.6%51.1%23.1%55.7%41.8%
FCF/Rev LTM33.4%25.3%35.4%26.5%26.4%46.5%30.0%
FCF/Rev 3Y Avg32.5%27.8%34.0%25.2%23.1%48.5%30.1%

Valuation

NXRTSUIUDRCPTBRTAVBMedian
NameNexPoint.Sun Comm.UDR Camden P.BRT Apar.AvalonBa. 
Mkt Cap0.815.511.311.00.325.011.2
P/S3.14.86.77.12.88.45.7
P/EBIT20.6-210.130.636.619.317.920.0
P/E-16.115.275.770.6-29.121.618.4
P/CFO9.419.012.813.910.615.613.4
Total Yield0.6%12.5%6.3%5.6%3.6%5.6%5.6%
Dividend Yield6.8%5.9%5.0%4.1%7.0%1.0%5.4%
FCF Yield 3Y Avg9.5%5.1%4.4%3.2%7.0%4.9%5.0%
D/E1.90.30.50.31.80.40.4
Net D/E1.90.20.50.31.70.30.4

Returns

NXRTSUIUDRCPTBRTAVBMedian
NameNexPoint.Sun Comm.UDR Camden P.BRT Apar.AvalonBa. 
1M Rtn-2.2%-4.1%-4.7%-2.7%-5.2%-7.7%-4.4%
3M Rtn-0.3%-0.8%-10.0%-4.9%0.8%-4.6%-2.7%
6M Rtn-15.6%5.1%-18.2%-13.1%0.2%-13.8%-13.5%
12M Rtn-20.7%2.1%-14.9%-9.3%-3.2%-16.7%-12.1%
3Y Rtn-20.1%8.5%1.3%1.8%-17.9%17.1%1.6%
1M Excs Rtn-1.1%-2.6%-4.2%-2.0%-3.1%-6.6%-2.8%
3M Excs Rtn-5.8%-6.3%-16.2%-10.5%-6.6%-11.5%-8.6%
6M Excs Rtn-36.3%-15.6%-38.9%-33.9%-20.6%-34.6%-34.2%
12M Excs Rtn-40.2%-18.4%-33.9%-27.9%-21.5%-36.5%-30.9%
3Y Excs Rtn-95.9%-68.0%-75.2%-74.8%-93.9%-62.1%-75.0%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
NXRT (NexPoint Residential Trust)278    
Other income 6664
Rental income 258214199177
Total278264219205181


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity517,166
Short Interest: % Change Since 93020254.7%
Average Daily Volume158,634
Days-to-Cover Short Interest3.26
Basic Shares Quantity25,364,000
Short % of Basic Shares2.0%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251029202510-Q 9/30/2025
6302025730202510-Q 6/30/2025
3312025502202510-Q 3/31/2025
12312024226202510-K 12/31/2024
93020241030202410-Q 9/30/2024
6302024801202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023728202310-Q 6/30/2023
3312023428202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221026202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021218202210-K 12/31/2021

Insider Activity

Expand for More