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NexLiving Communities Inc ( (TSE:NXLV) ) has shared an update.
NexLiving Communities Inc. reported record financial results for Q1 2025, with a 110% year-over-year growth in funds from operations and a 70% increase in net operating income. The company achieved a high occupancy rate of 97.4% and continued to expand its portfolio with a 50% ownership acquisition in Winnipeg. The board declared a quarterly dividend, reflecting strong operational performance and strategic growth in secondary markets.
The most recent analyst rating on (TSE:NXLV) stock is a Buy with a C$3.25 price target. To see the full list of analyst forecasts on NexLiving Communities Inc stock, see the TSE:NXLV Stock Forecast page.
More about NexLiving Communities Inc
NexLiving Communities Inc. specializes in acquiring recently built or refurbished, highly leased multi-residential properties in secondary markets across Canada. The company focuses on providing exceptional living experiences with modern amenities, catering to a wide range of demographics by offering comfortable and affordable housing solutions.
Average Trading Volume: 11,314
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$56.03M
See more data about NXLV stock on TipRanks’ Stock Analysis page.