Highlights
NYSE: NXRT       Nexpoint Residential Trust Inc
Last Price Today's Change   Day's Range   Trading Volume
50.53   +0.62 (1.24%)  49.375 - 52.87  289,800

Overview

 
Avg Volume (4 weeks):202,600
4 Weeks Range:47.46 - 52.87
4 Weeks Price Volatility (%):
56.75%
52 Weeks Range:34.28 - 52.87
52 Weeks Price Volatility (%):
87.41%
Average Price Target:-

Headlines



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Business Background

NexPoint Residential Trust Inc is an US-based real estate investment trust company. Its company’s investment objectives is 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 stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from rental of multifamily properties.

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