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NXRT - NexPoint Residential Trust: Premium Valuation Justified By Growth Outlook
NexPoint Residential Trust Inc.
The REIT sector has lately been among the preferred investment alternatives by investors amid ongoing trade disputes, looming economic slowdown and interest rate cuts. NexPoint Residential Trust (NXRT) has not been an exception to this trend as it has handily outperformed both the REIT sector and the broader market.
Despite this strong price move this year and trading at relatively high multiples, its growth profile and positive outlook largely justify the premium valuation and our bullish view on the stock.
Background and Business Overview
NexPoint owns 39 multifamily properties, totaling 13,407 units as