Industry Overview - The Zacks REIT and Equity Trust - Residential industry includes companies that own, develop, and manage various residential properties, generating revenues by renting spaces to tenants [3] - The demand for student housing is closely tied to enrollment growth at educational institutions, making it a key driver for this market segment [3] Current Market Dynamics - Strong rental demand is supported by a resilient labor market, demographic trends driving household formation, and rising homeownership costs making renting more attractive [1][4] - Residential REITs are leveraging technology to enhance tenant experience and improve operational efficiency [5] - Economic uncertainty and regional oversupply of apartments are creating challenges, potentially dampening consumer confidence and affecting renter affordability [2][6][7] Performance Metrics - The REIT and Equity Trust - Residential industry has underperformed the broader Zacks Finance sector and the S&P 500 over the past year, returning 0.5% compared to the S&P 500's increase of 9.6% [11] - The industry is currently trading at a forward 12-month price-to-FFO ratio of 16.46, above the Finance sector's forward P/E of 16.11 but below the S&P 500's forward P/E of 21.89 [14] Future Outlook - The industry is positioned in the top 38% of around 250 Zacks industries, indicating robust near-term prospects [8][9] - Analysts are gaining confidence in the growth potential of the industry, as reflected in upward revisions of funds from operations (FFO) per share estimates [10] Investment Opportunities - Veris Residential focuses on Class A multifamily properties in high-demand Northeast markets, with upward revisions in FFO per share estimates suggesting growth potential [19][21] - Elme Communities targets value-oriented multifamily assets in supply-constrained markets, with a projected net operating income upside in 2025 [23][24][25] - NexPoint Residential Trust offers exposure to middle-income multifamily assets in high-growth Sunbelt markets, with upward revisions in FFO per share estimates indicating strong performance [26][27][28]

Core Viewpoint - The article compares NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS) to determine which stock is more attractive to value investors [1]. Group 1: Zacks Rank and Earnings Estimates - NXRT has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to ESS, which has a Zacks Rank of 3 (Hold) [3]. - The Zacks Rank emphasizes earnings estimates and revisions, which are crucial for value investors [2]. Group 2: Valuation Metrics - NXRT has a forward P/E ratio of 10.73, significantly lower than ESS's forward P/E of 18.08, suggesting that NXRT may be undervalued [5]. - NXRT's PEG ratio is 1.79, while ESS's PEG ratio is much higher at 6.01, indicating NXRT's expected earnings growth is more favorable [5]. - NXRT's P/B ratio is 2.34, compared to ESS's P/B of 3.23, further supporting NXRT's valuation attractiveness [6]. Group 3: Overall Value Grade - NXRT has earned a Value grade of B, while ESS has a Value grade of D, indicating that NXRT is viewed more favorably by value investors [6]. - The combination of Zacks Rank and Style Scores suggests that NXRT is the better option for value investors at this time [6].

DALLAS, May 27, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, Paul Richards, NXRT's Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, Bonner McDermett, NXRT's VP, Asset Management, and Sean Jacobson, NXRT's VP, Asset Management will be meeting with investors and others at Nareit's REITweek: 2025 Investor Conference, to be held June 2-5 at the ...

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]

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, indicating a decrease in same store NOI of 3.8% year-over-year [7][10] - Core Funds from Operations (FFO) for Q1 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 - Same store rent and occupancy decreased by 1.3% and 0.3% respectively, leading to a 1% decrease in same store revenues [7] - The company completed two full and partial upgrades during the quarter, achieving an average monthly rent premium of $62 and a 16.1% return on investment [8] Market Data and Key Metrics Changes - Occupancy ended the quarter at 94.4%, with significant growth in Nashville and Phoenix, which finished at 95.4% and 96.6% respectively [12] - Nationally, over 38,000 units were absorbed, marking a record first quarter leasing and demand performance [14] Company Strategy and Development Direction - The company is focusing on rent growth initiatives while balancing occupancy maximization, particularly in markets facing new deliveries and concessions [16] - The company is optimistic about the inflection of new lease growth, which is seen as a positive sign for its assets after several quarters of softness [22] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment remains strong, with expectations for same store NOI to improve over the remainder of the year [13] - The company is actively monitoring the impacts of tariffs but has not seen a material impact on operations thus far [19][20] Other Important Information - The company reaffirmed its guidance for same store rental income, total revenue, total expenses, and NOI for the year [10] - The company has initiated a share buyback program and purchased 223,109 shares totaling approximately $7.6 million at an average price of $34.29 per share [11] Q&A Session Summary Question: Are there geographies 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] Question: Could the company sell more assets to repurchase stock? - Management expressed the intention to maintain a steady buyback program while being opportunistic in recycling capital [28] Question: Is the increase in core FFO per share guidance driven by share buybacks and swaps? - Management confirmed that the increase is primarily due to favorable swap rates and share buybacks [34] Question: How does the company view the strength in Las Vegas amidst declining tourism? - Management attributed the strength to the affordable gap in the market, with net migration inflows continuing to support demand [47] 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]

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 ...