Professional
Added to YB: 2026-03-24
Pitch date: 2026-03-21
NXRT [bullish]
NexPoint Residential Trust, Inc.
+9.86%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust. With its common stock listed on the New York Stock Exchange and 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.
Market Cap
$758.1M
Pitch Price
$25.04
Price Target
N/A
Dividend
7.13%
EV/EBITDA
18.53
P/E
-23.60
EV/Sales
9.13
Sector
Residential REITs
Category
special_situation
Call me crazy, I'm adding to a US apartment REIT - NexPoint Residential Trust, Inc.
NXRT (added to position): US Sunbelt multifamily REIT trading 7.5% implied cap vs 5-5.5% private market comps, $163k/unit vs $213k NAV. Mgmt owns 16%, takes 100% comp in shares, bought ~$1M stock recently, stated 'structured to transact' after bid received. LongPond+Starwood building stakes. 10x ND/EBITDA high but properties highly liquid. Supply peak ending, rents stabilizing 2027+. Texas exposure benefits from oil spike. Wide margin of error vs takeout catalyst.
Read full article (6 min)