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NexPoint Residential TrustNYSE: NXRT

Profile

Industry:

Residential

Country:

United States

IPO:

19 March 2015

Next earnings report:

20 February 2025

Last dividends:

13 September 2024

Next dividends:

13 December 2024
$1.21 B
-50%vs. 3y high
49%vs. sector
-73%vs. 3y high
47%vs. sector
-47%vs. 3y high
84%vs. sector
-57%vs. 3y high
51%vs. sector

Price

after hours | 18 min ago
$47.66+$1.54(+3.34%)
$64.09 M$64.54 M
$64.09 M-$8.85 M

Analysts recommendations

Institutional Ownership

NXRT Latest News

NexPoint Residential: Shares Valued Fairly As Q3 Results Top Expectations
seekingalpha.com30 October 2024 Sentiment: POSITIVE

Value-add multifamily operator, NexPoint Residential, reported better-than-expected Q3 FFO and announced a 10.3% increase to their quarterly dividend payout. Refinancing activity subsequent to quarter end also improved the REIT's debt profile. NexPoint has outperformed sector peers over the last year, with gains of approximately 60%.

NexPoint Residential Trust, Inc. (NXRT) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: NEUTRAL

NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q3 2024 Earnings Call Transcript October 29, 2024 11:00 AM ET Company Participants Kristen Thomas - IR Brian Mitts - EVP and CFO Matt McGraner - EVP and CIO Bonner McDermett - VP, Asset and Investment Management Conference Call Participants Omotayo Okusanya - Deutsche Bank Michael Lewis - Truist Securities Operator Thank you for standing by. My name is Mark, and I will be your conference operator today.

NexPoint Residential Trust Inc. (NXRT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

The headline numbers for NexPoint Residential Trust Inc. (NXRT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NexPoint Residential Trust Inc. (NXRT) Q3 FFO Beat Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of $0.79 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to FFO of $0.76 per share a year ago.

NexPoint Residential Trust, Inc. Provides Update on Hurricane Milton
prnewswire.com15 October 2024 Sentiment: POSITIVE

DALLAS , Oct. 15, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company's properties did not sustain any material damages as a result of Hurricane Milton. The Company plans to provide additional updates in the event of a material change.

NexPoint Residential Trust, Inc. Completes Refinancings of 17 Properties With 17 Additional Refinancings Expected to Close on November 29th, Sale of Stone Creek at Old Farm, and Announces 3Q 2024 Earnings Call on October 29, 2024, at 11:00 a.m. ET
prnewswire.com03 October 2024 Sentiment: POSITIVE

DALLAS , Oct. 3, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of 17-property mortgage refinancings through J.P. Morgan Chase Bank ("JP Morgan") and The Federal Home Loan Mortgage Corporation ("Freddie Mac"), the sale of Stone Creek at Old Farm, and the Company is scheduled to host a conference call on Tuesday, October 29, 2024, at 11:00 a.m.

NexPoint Residential Trust, Inc. Provides Update on Hurricane Helene
prnewswire.com30 September 2024 Sentiment: POSITIVE

DALLAS , Sept. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company's properties did not sustain any material damages as a result of Hurricane Helene.

Leverage In Real Estate Investing
seekingalpha.com17 September 2024 Sentiment: POSITIVE

Leverage amplifies both risks and rewards; strong fundamentals can mitigate high leverage risks, while weak fundamentals can worsen even low leverage scenarios. Vornado's low leverage couldn't save it from declining office property values, whereas NexPoint's high leverage was offset by strong apartment fundamentals. Mispricing exists in REITs due to the market's overemphasis on leverage metrics; Plymouth Industrial is undervalued despite strong fundamentals, unlike overvalued self-storage REITs with weak fundamentals.

NexPoint Residential Trust: Still Attractive After Q2 Results
seekingalpha.com04 August 2024 Sentiment: POSITIVE

NexPoint Residential Trust is a small multifamily residential REIT with a market cap of $1.13B, trading publicly since 2015 with a compelling strategy for value creation. Recent Q2 results show stable occupancy, a drop in average effective rent, and a decrease in core FFO due to property sales. Despite short-term headwinds, NXRT's strategy of upgrading units, diversifying markets, and reducing debt makes it an attractive pick for investors seeking income and value.

NexPoint Residential Trust, Inc. (NXRT) Q2 2024 Earnings Call Transcript
seekingalpha.com30 July 2024 Sentiment: NEUTRAL

NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q2 2024 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President and Chief Financial Officer Matt McGraner - Executive Vice President and Chief Investment Officer Bonner McDermett - Vice President, Access and Investment Management Conference Call Participants Kyle Katorincek - Janney Montgomery Scott Omotayo Okusanya - Deutsche Bank Operator Thank you for standing by. My name is Christina and I will be your conference operator today.

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What type of business is NexPoint Residential Trust?

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.

What sector is NexPoint Residential Trust in?

NexPoint Residential Trust is in the Real Estate sector

What industry is NexPoint Residential Trust in?

NexPoint Residential Trust is in the Residential industry

What country is NexPoint Residential Trust from?

NexPoint Residential Trust is headquartered in United States

When did NexPoint Residential Trust go public?

NexPoint Residential Trust initial public offering (IPO) was on 19 March 2015

What is NexPoint Residential Trust website?

https://nxrt.nexpoint.com

Is NexPoint Residential Trust in the S&P 500?

No, NexPoint Residential Trust is not included in the S&P 500 index

Is NexPoint Residential Trust in the NASDAQ 100?

No, NexPoint Residential Trust is not included in the NASDAQ 100 index

Is NexPoint Residential Trust in the Dow Jones?

No, NexPoint Residential Trust is not included in the Dow Jones index

When was NexPoint Residential Trust the previous earnings report?

No data

When does NexPoint Residential Trust earnings report?

The next expected earnings date for NexPoint Residential Trust is 20 February 2025