NexPoint Residential Trust

NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.

Earnings data Q3 2023

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Essex Property Trust

Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS). But which of these two stocks is more attractive to value investors?

NXRT or ESS: Which Is the Better Value Stock Right Now?

The mean of analysts' price targets for NexPoint Residential Trust Inc. (NXRT) points to a 34.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does NexPoint Residential Trust Inc. (NXRT) Have the Potential to Rally 34.72% as Wall Street Analysts Expect?

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NexPoint Residential Trust Inc. (NXRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About NexPoint Residential Trust Inc. (NXRT) Rating Upgrade to Buy

DALLAS , Aug. 17, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) is pleased to announce the execution of agreements to sell Old Farm in Houston, TX, and Silverbrook in Dallas, TX to separate buyers, with an expected closing in early Q4 2023. Old Farm and Silverbrook's trailing nominal cap rates are 5.12% and 4.55%, and their tax and insurance-adjusted cap rates are 4.96% and 4.61%, respectively.

NexPoint Residential Trust, Inc. Announces Entrance into Contract to Sell Old Farm in Houston, TX, and Silverbrook in Dallas, TX

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March-April, 2022, UBS, Kiplinger, and Barron's analysts/reporters listed five sets of stocks sorted as: “Inflation-Busters.” Those five articles revealed 48 equities, with 43 paying dividends. This over one-year-old list continues to beat-back new strains of inflation.

11 Buyable Inflation-Busting August Dividend Stocks

Owner and operator of "value-add" multifamily properties, NexPoint Residential, reported Q2 results that were met with disappointment. Though the REIT reported strong performance at the property level, earnings growth was hamstrung by a higher interest burden. The higher interest expense combined with a pull-back in expectations for same-property growth led to negative revisions in full-year guidance.

NexPoint Residential: Property Level Strength Is Offset By Rising Interest Burden

NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q2 2023 Earnings Conference Call July 25, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President & Chief Financial Officer Matt McGraner - Executive Vice President & Chief Investment Officer Conference Call Participants Michael Lewis - Truist Securities Buck Horne - Raymond James Operator Ladies and gentlemen, thank you for standing by, and welcome to the NexPoint Residential Trust Q2 2023 Conference Call. I would now like to turn the call over to Kristen Thomas.

NexPoint Residential Trust, Inc. (NXRT) Q2 2023 Earnings Call Transcript

NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of $0.88 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to FFO of $0.89 per share a year ago.

NexPoint Residential Trust Inc. (NXRT) Q2 FFO and Revenues Lag Estimates

DALLAS , July 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.42 per share of NXRT common stock, payable on September 29, 2023, to stockholders of record on September 15, 2023. About NexPoint Residential Trust, Inc. 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.

NexPoint Residential Trust, Inc. Announces Quarterly Dividend

NXRT Generates Strong Returns on Rehab Program and Tames Controllable Expense Growth DALLAS , July 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the second quarter ended June 30, 2023. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(4.0)M, $19.8M, $20.4M and $23.2M, respectively, attributable to common stockholders for the quarter ended June 30, 2023, compared to Net Loss, FFO, Core FFO, and AFFO of $(7.8)M, $17.6M, $20.3M and $22.7M, respectively, attributable to common stockholders for the quarter ended June 30, 2022.

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2023 RESULTS

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REITs are heavily discounted because interest rates are high. But as inflation now returns lower, interest rates will also likely follow. We think that this will lead to significant upside. We explain why.

Urgent Warning For REIT Investors

DALLAS , June 28, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, July 25, 2023, at 11:00 a.m. ET (10:00 am CT), to discuss second quarter 2023 financial results.

NexPoint Residential Trust, Inc. Announces Second Quarter 2023 Earnings Conference Call

NexPoint Residential Trust, a growth-oriented REIT, has shown excellent investment potential in the multifamily housing sector, with a focus on class B properties in the Southwest and Southeast markets. The company has maintained a 94% occupancy rate, diversified its presence, and successfully refinanced its property-level mortgages, providing strategic flexibility and a resilient balance sheet.

NexPoint Residential Trust: Strong Company In A Strong Market

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March-April 2022, UBS, Kiplinger, and Barron's analysts/reporters listed five sets of stocks sorted as “Inflation Busters.” Those five-articles revealed 48 equities, with 43 paying-dividends. This over one-year-old list continues to beat-back new-strains-of-inflation.

11 Buyable Inflation-Busting June Dividend Stocks

DALLAS , May 31, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, and Bonner McDermett, NXRT's VP, Asset Management, will be meeting with investors and others at Nareit's REITweek: 2023 Investor Conference, to be held June 6-8 at the New York Hilton Midtown in New York City. A copy of the meeting materials will be posted in the Resources section of NXRT's website at nxrt.nexpoint.com on the morning of June 6, 2023.

NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2023 Investor Conference

March-April, 2022, UBS, Kiplinger, and Barron's analysts/reporters listed five-sets of stocks sorted=as: “Inflation-Busters.” Those five articles revealed 47 equities, with 42 paying dividends. This over one-year-old list continues to beat-back rampant inflation.

Of 11 Ideal Inflation-Busting May Dividend Dogs, Buy 3

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NexPoint Residential Trust, Inc. (NXRT) Q1 2023 Earnings Call Transcript.

NexPoint Residential Trust, Inc. (NXRT) Q1 2023 Earnings Call Transcript

NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of $0.81 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to FFO of $0.87 per share a year ago.

NexPoint Residential Trust Inc. (NXRT) Misses Q1 FFO and Revenue Estimates

NXRT Refinances Venue on Camelback, Pays Down $17.5 million on Credit Facility and Executes Value-Add Strategy DALLAS , April 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2023. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(3.9)M, $19.3M, $18.6M and $21.0M, respectively, attributable to common stockholders for the quarter ended March 31, 2023, compared to Net Loss, FFO, Core FFO and AFFO of $(4.7)M, $19.0M, $20.1M and $22.3M, respectively, attributable to common stockholders for the quarter ended March 31, 2022.

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2023 RESULTS

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March-April, 2022, UBS, Kiplinger, and Barrons analysts and reporters combined to list five sets of stocks sorted as: “Inflation Busters.” Those five articles revealed 48 equities, with 43 paying dividends.

Of 12 Ideal Inflation-Busting April Dividend Dogs - Buy 3

News for NexPoint Residential Trust Stock (NXRT)