Group 1 - The article discusses the author's long-term investment approach, focusing on REITs, preferred stocks, and high-yield bonds, which began in high school in 2011 [1] - The author has recently combined long stock positions with covered calls and cash secured puts, indicating a strategy that balances risk and return [1] - The primary focus of the author's coverage on Seeking Alpha includes REITs and financials, with occasional insights on ETFs and macro-driven stock ideas [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36663 NexPoint Residential Trust, Inc. (Exact Name of Registrant as Specified in Its Charter) Maryland 47-1881359 (State or othe ...

Financial Data and Key Metrics Changes - For Q1 2025, the company reported a net loss of $6.9 million or a loss of $0.27 per diluted share on total revenue of $63.2 million, compared to a net income of $26.4 million or $1 earnings per diluted share for the same period in 2024 on total revenue of $67.6 million [7] - Net Operating Income (NOI) for Q1 2025 was $37.8 million on 35 properties, down from $41.1 million for Q1 2024 on 37 properties, reflecting a decrease in same store revenues of 1% and a decrease in same store NOI of 3.8% compared to Q1 2024 [7][8] - Core Funds from Operations (FFO) for Q1 2025 was $19.1 million or $0.75 per diluted share, compared to $0.74 per diluted share in Q1 2024 [7] Business Line Data and Key Metrics Changes - The company completed two full and partial upgrades during the first quarter, leasing 201 upgraded units with an average monthly rent premium of $62 and a 16.1% return on investment [7] - Since inception, the company has completed 8,558 upgrades, resulting in an average monthly rental increase of $172 and a 20.7% return on investment [8] Market Data and Key Metrics Changes - Occupancy at the end of Q1 2025 was 94.4%, with significant growth in Nashville and Phoenix, which finished at 95.4% and 96.6% respectively [11] - The company noted that national absorption was strong, with over 38,000 units absorbed in Q1, marking a record first quarter leasing performance [13] - Effective rents ended the quarter at $1,495, up 30 basis points from Q4 2024, with six out of ten markets showing flat to positive rent growth [16] Company Strategy and Development Direction - The company is focusing on driving internal growth and recycling capital as supply continues to be absorbed later in the year, with an emphasis on rent growth initiatives in most markets [20] - The management is optimistic about the inflection of new lease growth, which is seen as a positive sign for the company's assets after several quarters of softness [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the leasing environment, noting that same store NOI is expected to improve over the remainder of the year despite a 3.8% decline in Q1 [12] - The company is monitoring the impacts of tariffs but has not seen a material effect on operations thus far, with most suppliers maintaining stable prices [18][19] Other Important Information - The company declared a quarterly dividend of $0.51 per share, which was 1.4 times covered by core FFO with a 68.3% payout ratio [8] - The company has initiated a share buyback program, purchasing 223,109 shares totaling approximately $7.6 million at an average price of $34.29 per share [10] Q&A Session Summary Question: Are there markets where cap rates are softer? - Management indicated that Atlanta and some areas in DFW are on the weaker side of the NAV guidance due to ongoing supply [25][26] Question: Could the company sell more assets to repurchase stock? - Management confirmed the intention to maintain a steady buyback program while being opportunistic in recycling capital [28] Question: Is the increase in core FFO guidance driven by share buybacks and swaps? - Management confirmed that the increase is primarily due to favorable swap rates and share buybacks [31][32] Question: What is the outlook for new lease growth? - Management expressed optimism about achieving a 2% growth in new leases for the year, driven by strong demand and limited supply [50][51] Question: What is the CapEx guidance for the year? - Management indicated a stable run rate for recurring and nonrecurring CapEx, with a target of around 300 interior upgrades in Q2 and Q3 [53][54]

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. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 9.09%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.80 per share when it actually produced FFO of $0.78, delivering a surprise of -2.50%. Over ...

Exhibit 99.1 29 April 2025 | NYSE: NXRT EARNINGS SUPPLEMENT: FIRST QUARTER 2025 TABLE OF CONTENTS | Earnings Release | 1 | | --- | --- | | Cautionary Statement Regarding Forward-Looking Statements | 2 | | Overview | 3 | | Highlights of Recent Activity | 4 | | Financial Summary | 6 | | 2025 Full Year Guidance | 7 | | Components of Net Asset Value | 8 | | Consolidated Balance Sheets | 9 | | Consolidated Statements of Operations | 10 | | NOI and Same Store NOI | 11 | | Q1 Same Store Results | 12 | | Q1 Same St ...

NexPoint Residential Trust Inc. (NXRT) shares soared 7.6% in the last trading session to close at $34.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.7% loss over the past four weeks.The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.This real estate investment trust is expected to post quarterly fu ...

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.  The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 5001576.  A live audio webcast of the call will be availabl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36663 NexPoint Residential Trust, Inc. (Exact Name of Registrant as Specified in Its Charter) Maryland 47-1881359 (State or other Juri ...

Financial Data and Key Metrics Changes - For Q4 2024, the company reported a net loss of $26.9 million or $1.06 per diluted share on total revenue of $63.8 million, compared to a net income of $18.4 million or $0.70 per diluted share on total revenue of $68.9 million in Q4 2023, indicating a significant decline in profitability [13] - Net operating income (NOI) for Q4 2024 was $38.9 million, down 7.6% from $42.2 million in Q4 2023 [13] - Core FFO for Q4 2024 was $17.7 million or $0.68 per diluted share, compared to $0.75 per diluted share in Q4 2023 [15] - For the full year 2024, net income was $1.1 million or $0.04 per diluted share, down from $44.3 million or $1.59 per diluted share in 2023 [16] Business Line Data and Key Metrics Changes - Same-store rental income increased by 90 basis points, while same-store occupancy remained stable at 94.7% [14] - The company completed 58 renovations in Q4 2024, achieving an average monthly rent premium of $150 and a 19.2% return on investment [15] - For the full year, same-store rental income increased by 2.3% and same-store NOI improved by 90 basis points despite rising expenses [17] Market Data and Key Metrics Changes - Occupancy rates in key markets showed growth, with DFW and Charlotte finishing at 96.3% and 97% respectively [28] - Notable growth markets included Las Vegas at 8.6%, Orlando at 6.8%, and Raleigh at 5.2% [32] - The company expects top-performing revenue markets in 2025 to be South Florida, Las Vegas, Raleigh, Nashville, and Atlanta, with growth projections of 2% to 4% [36] Company Strategy and Development Direction - The company plans to continue its value-add strategy, targeting 15% to 20% returns on investment for renovations [39] - In 2025, the company anticipates completing 425 full interior upgrades at an average cost of $18,000 per unit, generating a $269 average monthly premium [40] - The company is focused on margin expansion and increased resident satisfaction, with expectations for a transition year leading to growth in 2026 and 2027 [44] Management's Comments on Operating Environment and Future Outlook - Management noted that bad debt has improved, with expectations of further reductions in 2025 [49] - The company is being conservative in its guidance, factoring in potential interest rate changes and market conditions [64] - The management expressed confidence in the Raleigh market despite current pressures, anticipating improvements in the second half of the year [52] Other Important Information - The company reported a NAV per share range of $44.56 to $58.52, with a midpoint of $51.54, reflecting stability in capital markets [19] - The company has $373 million of available liquidity as it heads into 2025, with plans to finalize a recasting of the corporate credit facility [43] - The board declared a quarterly dividend of $0.51 per share, payable on March 31, 2025 [25] Q&A Session Summary Question: What drove the positive rental income result in Atlanta despite occupancy declines? - Management indicated that higher options and the rollout of bulk WiFi contributed to total revenue growth, offsetting some occupancy losses [48] Question: What caused the decrease in occupancy in the Raleigh-Durham market? - Management attributed the decline to supply pressures and personnel changes, but remains optimistic about the market's future [51] Question: Are there any changes to the renovation plans based on current market conditions? - Management confirmed that renovations are prioritized in markets where rates can still be pushed, with plans to double the output compared to the previous year [55] Question: How will swap expirations affect interest expenses in 2025? - Management noted that expiring swaps and a decline in spreads would provide a benefit, reducing total interest expenses [63]

Core Viewpoint - NexPoint Residential Trust Inc. reported a decline in revenue for the quarter ended December 2024, with a slight earnings surprise but a negative EPS surprise compared to analyst expectations [1]. Financial Performance - Revenue for the quarter was $63.79 million, down 7% year-over-year, and exceeded the Zacks Consensus Estimate by 0.31% [1]. - Earnings per share (EPS) was $0.78, compared to $0.70 in the same quarter last year, but fell short of the consensus estimate of $0.80 by 2.50% [1]. - Rental income was reported at $61.57 million, which was below the two-analyst average estimate of $63.15 million, reflecting a year-over-year decline of 7.9% [4]. - Other income was $1.26 million, also below the two-analyst average estimate of $1.86 million, marking a year-over-year decrease of 25.8% [4]. - The diluted net earnings per share was reported at -$1.06, compared to the four-analyst average estimate of -$0.61 [4]. Market Performance - Shares of NexPoint Residential Trust Inc. have returned -1.2% over the past month, slightly outperforming the Zacks S&P 500 composite's -1.8% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3].