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flag NexPoint Residential Trust's stock surged 5.4% post dividend announcement, earning a "Moderate Buy" rating.

flag NexPoint Residential Trust (NXRT) saw its stock rise by 5.4% after announcing a dividend of $0.51 per share, with a $2.04 annualized dividend and a yield of 4.96%. flag StockNews.com upgraded the stock from "sell" to "hold," with a consensus "Moderate Buy" rating and a target price of $49.00. flag NXRT is a REIT focused on middle-income multifamily properties in the U.S. Southeast and Southwest.

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