NexPoint Residential Trust, Inc.

NexPoint Residential Trust, Inc.verified

NXRT

Price:

$46.04

Market Cap:

$1.17B

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," 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. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.[Read more]

Industry

REIT - Residential

IPO Date

2015-03-19

Stock Exchange

NYSE

Ticker

NXRT

The Current Ratio as of November 2024 (TTM) for NexPoint Residential Trust, Inc. (NXRT) is 2.20

According to NexPoint Residential Trust, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.20. This represents a change of 12.44% compared to the average of 1.96 of the last 4 quarters.

NexPoint Residential Trust, Inc. (NXRT) Historical Current Ratio (quarterly & annually)

How has NXRT Current Ratio performed in the past?

The mean historical Current Ratio of NexPoint Residential Trust, Inc. over the last ten years is 2.13. The current 2.20 Current Ratio has changed 10.24% with respect to the historical average. Over the past ten years (40 quarters), NXRT's Current Ratio was at its highest in in the March 2015 quarter at 10.56. The Current Ratio was at its lowest in in the December 2021 quarter at 0.32.

Quarterly (TTM)
Annual

Average

2.13

Median

1.74

Minimum

0.34

Maximum

5.66

NexPoint Residential Trust, Inc. (NXRT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NexPoint Residential Trust, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 299.26%

Maximum Annual Current Ratio = 5.66

Minimum Annual Increase = -96.19%

Minimum Annual Current Ratio = 0.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.34-22.86%
20221.73-44.33%
20213.1126.30%
20202.4740.81%
20191.75-13.42%
20182.0249.18%
20171.36299.26%
20160.34-78.04%
20151.55-72.68%
20145.66-96.19%

NexPoint Residential Trust, Inc. (NXRT) Average Current Ratio

How has NXRT Current Ratio performed in the past?

The current Current Ratio of NexPoint Residential Trust, Inc. (NXRT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.06

5-year avg

2.08

10-year avg

2.13

NexPoint Residential Trust, Inc. (NXRT) Current Ratio vs. Peers

How is NXRT’s Current Ratio compared to its peers?

NexPoint Residential Trust, Inc.’s Current Ratio is greater than Independence Realty Trust, Inc. (0.05), greater than Community Healthcare Trust Incorporated (0.40), greater than Terreno Realty Corporation (0.52), greater than National Storage Affiliates Trust (1.58), greater than Urban Edge Properties (2.05),

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