NexPoint Residential Trust, Inc. (NXRT) Q1 2025 Earnings Call Transcript |
NexPoint Residential Trust, Inc. (NYSE:NXRT ) Q1 2025 Earnings Conference Call April 29, 2025 11:00 AM ET Company Participants Kristen Griffith - IR Paul Richards - EVP and CFO Matt McGraner - EVP and CIO Bonner McDermett - VP, Asset and Investment Management Conference Call Participants Kyle Katorincek - Janney Omotayo Okusanya - Deutsche Bank Buck Horne - Raymond James Operator Thank you for standing by. My name is Kathleen, I will be your conference operator today. |
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2025-04-29 21:38:30 |
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NexPoint Residential Trust Inc. (NXRT) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates |
The headline numbers for NexPoint Residential Trust Inc. (NXRT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
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2025-04-29 15:01:10 |
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NexPoint Residential Trust Inc. (NXRT) Tops Q1 FFO Estimates |
NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of $0.84 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to FFO of $0.86 per share a year ago. |
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2025-04-29 14:31:15 |
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NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2025 RESULTS |
NXRT Accelerates Partial Upgrades and Boosts Core FFO Guidance DALLAS , April 29, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2025. Highlights NXRT1 reported net loss, FFO2, Core FFO2 and AFFO2 of $(6.9)M, $17.4M, $19.1M and $21.6M, respectively, attributable to common stockholders for the quarter ended March 31, 2025, compared to net income, FFO, Core FFO, and AFFO of $26.3M, $18.9M, $19.4M and $22.0M, respectively, attributable to common stockholders for the quarter ended March 31, 2024. |
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2025-04-29 12:16:00 |
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NexPoint Residential Trust, Inc. Announces Quarterly Dividend |
DALLAS , April 29, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on June 30, 2025, to stockholders of record on June 16, 2025. 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. |
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2025-04-29 12:15:00 |
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NexPoint Residential Trust Inc. (NXRT) Surges 7.6%: Is This an Indication of Further Gains? |
NexPoint Residential Trust Inc. (NXRT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO per share estimate revisions may not translate into further price increase in the near term. |
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2025-04-10 15:20:40 |
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Mousetraps: 9 High-Yield REITS With Potentially Unsafe Dividends |
The recent sell-off has increased the temptation to reach for some of the many high-yield REITs, but beware of "mousetrap" REITs with unsustainable dividends. Dividend safety is crucial; a cut can lead to plummeting share prices and reduced income, leaving investors with significant losses. Seeking Alpha Premium's Dividend Safety score helps identify risky REITs; grades range from A+ (safe) to F (high risk of cuts). |
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2025-04-07 11:30:00 |
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NexPoint Residential Trust, Inc. Announces First Quarter 2025 Earnings Conference Call |
DALLAS , April 3, 2025 /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, April 29, 2025, at 11:00 a.m. ET (10:00 am CT), to discuss first quarter 2025 financial results. |
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2025-04-03 13:00:00 |
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NexPoint Residential Trust, Inc. Announces Record Date and Date of 2025 Annual Meeting of Stockholders |
DALLAS , March 14, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2025 Annual Meeting of Stockholders (the "Annual Meeting") will be Monday, March 24, 2025. The Annual Meeting will be held on Tuesday, May 20, 2025, beginning at 10:00 a.m. |
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2025-03-14 20:00:00 |
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Here's What Key Metrics Tell Us About NexPoint Residential Trust Inc. (NXRT) Q4 Earnings |
The headline numbers for NexPoint Residential Trust Inc. (NXRT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
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2025-02-25 13:30:30 |
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NexPoint Residential Trust Inc. (NXRT) Q4 FFO Lag Estimates |
NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of $0.78 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to FFO of $0.77 per share a year ago. |
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2025-02-25 12:45:37 |
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NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS |
NXRT Recaps Disposition Activity, Value-Add Results and Issues 2025 Full Year Guidance DALLAS , Feb. 25, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the fourth quarter and year ended December 31, 2024. Highlights NXRT1 reported net income, FFO2, Core FFO2 and AFFO2 of $1.1M, $44.5M, $73.1M and $83.6M, respectively, attributable to common stockholders for the year ended December 31, 2024, compared to net income, FFO, Core FFO, and AFFO of $44.3M, $71.4M, $76.6M and $85.9M, respectively, attributable to common stockholders for the year ended December 31, 2023. |
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2025-02-25 10:16:00 |
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NexPoint Residential Trust, Inc. Announces Quarterly Dividend |
DALLAS , Feb. 25, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on March 31, 2025, to stockholders of record on March 14, 2025. 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. |
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2025-02-25 10:15:00 |
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NexPoint Residential Trust: Moving Beyond Survival To Thrive In 2025 |
NexPoint Residential has shown significant upside potential, with a 30% rise in share price due to strategic property sales, debt reduction, and share buybacks. NXRT's portfolio is well-positioned in top multifamily markets, benefiting from strong demographics and a favorable rent disparity between Class A and B apartments. Despite the share price increase, the Company remains undervalued compared to peers, trading at 77% of consensus net asset value and offering attractive P/AFFO metrics. |
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2025-02-04 07:57:16 |
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Nexpoint Residential Trust Announces 2024 Dividend Income Tax Treatment |
DALLAS , Jan. 30, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2024 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table: Common Shares (CUSIP #65341D102) Ex Dividend Date Record Date Payable Date Distribution Per Share Taxable Ordinary Income Per Share (1) Taxable Capital Gain Distr. |
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2025-01-30 20:30:00 |
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2 Now Or Never REIT Picks For Dividend Investors |
2 Now Or Never REIT Picks For Dividend Investors |
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2025-01-29 18:19:47 |
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How The 'Smart Money' Is Investing In REITs Right Now |
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying. |
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2025-01-25 08:55:00 |
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NexPoint Residential Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call |
DALLAS , Jan. 24, 2025 /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, February 25, 2025, at 11:00 a.m. ET (10:00 am CT), to discuss fourth quarter and full year 2024 financial results. |
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2025-01-24 10:30:00 |
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Apartment Rents Are Too Low |
Apartment rental rates are significantly below equilibrium due to oversupply from zero interest rate policies, with rents expected to rise 10%-20% by 2027. Investment opportunities in apartment REITs are promising; current low valuations present a buying opportunity as equilibrium is restored and rents increase. Coastal, Midwestern, and Sunbelt apartment REITs, as well as Canadian REIT BSR, offer varied prospects based on regional supply/demand dynamics and management capabilities. |
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2025-01-13 15:53:03 |
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Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor |
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why. |
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2025-01-11 10:25:00 |
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Sector Spotlight: Multifamily REITs - They Survived Until 2025! |
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modestly valued with a P/AFFO multiple averaging 18.3x, higher than the broader REIT market. Despite suppressed rent growth and occupancy, strong job markets and reduced new supply suggest the potential for landlords to regain pricing power. |
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2025-01-04 05:57:48 |
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What Are The Top REITs For 2025? |
REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks. |
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2024-12-30 10:25:00 |
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17 Upcoming Dividend Increases, Including A King |
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical returns and high 10-year dividend growth rates, comparing them against the Schwab U.S. Dividend Equity ETF. |
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2024-12-05 13:08:55 |
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NexPoint Residential Trust, Inc. Completes Refinancings of 17 Properties |
DALLAS , Nov. 27, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of 17-property agency mortgage refinancings through J.P. Morgan Chase Bank ("JP Morgan"). |
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2024-11-27 10:30:00 |
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The State Of REITs: November 2024 Edition |
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October. |
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2024-11-25 11:04:15 |
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NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2024 Investor Conference |
DALLAS , Nov. 7, 2024 /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, Bonner McDermett, NXRT VP, Asset Management, and Sean Jacobson, NXRT VP, Asset Management will be meeting with investors and others at Nareit's REITworld: 2024 Annual Conference, to be held November 18-21 at the Wynn Las Vegas in Las Vegas. 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 November 18, 2024. |
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2024-11-07 10:30:00 |
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NexPoint Residential: Shares Valued Fairly As Q3 Results Top Expectations |
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%. |
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2024-10-30 13:50:37 |
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NexPoint Residential Trust, Inc. (NXRT) Q3 2024 Earnings Call Transcript |
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. |
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2024-10-29 19:20:22 |
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NexPoint Residential Trust Inc. (NXRT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
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. |
zacks.com |
2024-10-29 13:00:32 |
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NexPoint Residential Trust Inc. (NXRT) Q3 FFO Beat Estimates |
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. |
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2024-10-29 12:31:20 |
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NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2024 RESULTS |
NXRT Boosts Quarterly Dividend by 10.3%; Announces Completed Refinancings of 17 Properties and $24.5 million of Disposition Activity DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the third quarter ended September 30, 2024. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(8.9)M, $15.7M, $17.9M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2024, compared to Net Income, FFO, Core FFO, and AFFO of $33.7M, $14.5M, $18.1M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2023. |
prnewswire.com |
2024-10-29 10:16:00 |
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NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3% |
DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on December 31, 2024, to stockholders of record on December 13, 2024. This represents an 10.3% increase over the previous quarter's dividend per share and an increase of 147.6% since inception in 2015. |
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2024-10-29 10:15:00 |
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NexPoint Residential Trust, Inc. Provides Update on Hurricane Milton |
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. |
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2024-10-15 22:00:00 |
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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 |
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. |
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2024-10-03 12:30:00 |
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NexPoint Residential Trust, Inc. Provides Update on Hurricane Helene |
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. |
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2024-09-30 22:00:00 |
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Leverage In Real Estate Investing |
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. |
seekingalpha.com |
2024-09-17 15:16:24 |
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Massive Apartment Deals Demonstrate Value Of Apartment REITs |
Equity Residential bought 11 apartments with 3572 units from Blackstone for $964 million, expanding its presence in Dallas, Denver, and Atlanta. Public apartment REITs are trading below asset value, with substantial differences in pricing based on location and quality of properties. Multifamily REITs like BSRTF, NXRT, CSR, and CPT are considered the most compelling investments in the sector, but caution is advised due to potential economic downturn. |
seekingalpha.com |
2024-08-14 18:25:52 |
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NexPoint Residential Trust: Still Attractive After Q2 Results |
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. |
seekingalpha.com |
2024-08-04 13:25:30 |
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NexPoint Residential Trust, Inc. (NXRT) Q2 2024 Earnings Call Transcript |
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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2024-07-30 18:27:13 |
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NexPoint Residential Trust Inc. (NXRT) Reports Q2 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for NexPoint Residential Trust Inc. (NXRT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-07-30 15:00:32 |
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