NexPoint Residential Trust(NXRT)

Search documents
NexPoint Residential Trust(NXRT) - 2024 Q3 - Quarterly Results
2024-10-29 12:16
Exhibit 99.1 29 October 2024 | NYSE: NXRT EARNINGS SUPPLEMENT: THIRD QUARTER 2024 NEXPOINT RESIDENTIAL TRUST, INC. 300 CRESCENT COURT, SUITE 700 DALLAS, TX 75201 INVESTOR RELATIONS: KRISTEN THOMAS NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] | --- | --- | |-----------------------------------------------------------------|-------| | | | | Earnings Release | 1 | | Cautionary Statement Regarding Forward-Looking Statements | 3 | | Overview | 4 | | Highlights of Recent Activity | 5 | | Financia ...
NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%
Prnewswire· 2024-10-29 12:15
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. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, ...
NexPoint Residential Trust, Inc. Provides Update on Hurricane Milton
Prnewswire· 2024-10-15 22:00
Company Overview - NexPoint Residential Trust, Inc. (NXRT) is a publicly traded Real Estate Investment Trust (REIT) listed on the New York Stock Exchange, focusing on acquiring, owning, and operating middle-income multifamily properties with "value-add" potential in large cities and suburban areas, primarily in the Southeastern and Southwestern United States [2] Recent Events - The company announced that its properties did not sustain any material damages due to Hurricane Milton, and it plans to provide further updates if there are any material changes [1]
NexPoint Residential Trust, Inc. Provides Update on Hurricane Helene
Prnewswire· 2024-09-30 22:00
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. The Company plans to provide additional updates in the event of a material change. About NXRT 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- ...
Leverage In Real Estate Investing
Seeking Alpha· 2024-09-17 15:16
Klaus Vedfelt Leverage is one of the most misunderstood concepts in finance. Investors have a tendency to view debt on balance sheets as the sword of Damocles, hanging overhead by a single hair. Negative perceptions of leverage in real estate spawned in the Financial Crisis as dozens of REITs had to turn keys over to banks when debt overwhelmed them. Fear of leverage has persisted and to this day, low-debt REITs trade at substantial premiums over higher-debt REITs. There is certainly truth to the idea that ...
NexPoint Residential Trust: Still Attractive After Q2 Results
Seeking Alpha· 2024-08-04 13:25
hrabar/iStock via Getty Images Investment Thesis With a market cap of $1.13B, NexPoint Residential Trust (NYSE:NXRT) is a relatively small multifamily residential REIT. A couple of days ago, it released its Q2 results, and updated its guidance for 2024. In this article, we will look at the key takeaways from the latest earnings and the company's overall strategy. Both make NXRT, in my eyes, an attractive pick, although short-term headwinds exist. The Company And Its Strategy NXRT has traded publicly since 2 ...
NexPoint Residential Trust Inc. (NXRT) Q2 FFO Beat Estimates
ZACKS· 2024-07-30 14:26
This quarterly report represents an FFO surprise of 1.27%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.86 per share when it actually produced FFO of $0.86, delivering no surprise. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. What's Next for NexPoint Residential Trust Inc. NexPoint Residential Trust Inc. (NXRT) came ...
NexPoint Residential Trust(NXRT) - 2024 Q2 - Quarterly Results
2024-07-30 12:20
Exhibit 99.1 NEXPOINT RESIDENTIAL TRUST, INC. 300 CRESCENT COURT, SUITE 700 DALLAS, TX 75201 INVESTOR RELATIONS: KRISTEN THOMAS TABLE OF CONTENTS BELLA VISTA APARTMENTS: PHOENIX, AZ EXTERIOR PAINT REFRESHED FULLY UPGRADED KITCHEN Contact: Investor Relations Kristen Thomas IR@nexpoint.com (214) 276-6300 Media inquiries: Pro-Nexpoint@prosek.com NXRT Raises Full Year 2024 Guidance, Reports Net Income of $10.6 million, $39.25 million of Disposition Activity and $14.6 million of Share Repurchase Activity Highlig ...
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-07-30 12:16
NXRT Raises Full Year 2024 Guidance, Reports Net Income of $10.6 million, $39.25 million of Disposition Activity and $14.6 million of Share Repurchase Activity DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the second quarter ended June 30, 2024. Highlights NEXPOINT View PDF NXRT Q2 2024 Earnings Supplement NXRT1 reported Net Income, FFO2, Core FFO2 and AFFO2 of $10.6M, $16.3M, $17.9M and $20.9M, respectively, attributable to common stockhol ...
NexPoint Residential Trust, Inc. Announces Quarterly Dividend
Prnewswire· 2024-07-30 12:15
About NexPoint Residential Trust, Inc. CONTACTS Investor Relations Kristen Thomas [email protected] DALLAS, July 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on September 30, 2024, to stockholders of record on September 13, 2024. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT, ...