NXDT Stock Summary and Trading Ideas (Nexpoint Diversified Real Estate Trust | NYSE:NXDT)

NexPoint Diversified Real Estate Trust is a publicly traded REIT focused on opportunistic real estate investments in the United States. Their portfolio includes diverse commercial properties and investments across various real estate sectors and capital structures. Revenue sources include rental income from office and retail properties, interest income from debt investments, dividend income from equity investments, and other ancillary income from tenants. The company operates primarily through its operating partnership and wholly owned subsidiaries.

Nexpoint Diversified Real Estate Trust trades on the NYSE stock market under the symbol NXDT.

As of December 11, 2024, NXDT stock price climbed to $5.76 with 170,528 million shares trading.

NXDT has a beta of 0.68, meaning it tends to be less sensitive to market movements. NXDT has a correlation of 0.04 to the broad based SPY ETF.

NXDT has a market cap of $241.49 million. This is considered a Small Cap stock.

In the last 3 years, NXDT traded as high as $17.93 and as low as $4.67.

The top ETF exchange traded funds that NXDT belongs to (by Net Assets): VNQ, VTI, IWM, VXF, IWN.

NXDT has underperformed the market in the last year with a return of -25.6%, while the SPY ETF gained +33.5%. In the last 3 month period, NXDT fell short of the market, returning +0.7%, while SPY returned +11.0%. However, in the most recent 2 weeks NXDT has outperformed the stock market by returning +4.5%, while SPY returned +1.1%.

NXDT support price is $5.49 and resistance is $5.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NXDT shares will trade within this expected range on the day.