NexPoint Residential ( (NXRT) ) has released its Q2 earnings. Here is a breakdown of the information NexPoint Residential presented to its investors.
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NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on acquiring, owning, and operating middle-income multifamily properties with value-add potential in large cities and suburban submarkets, primarily in the Southeastern and Southwestern United States.
In its second quarter 2025 earnings report, NexPoint Residential Trust, Inc. announced a net loss of $7.0 million compared to a net income of $10.6 million in the same quarter of 2024. The company also reported total revenues of $63.1 million, a slight decrease from $64.2 million in the previous year. Despite the net loss, the company maintained a dividend payout of $0.51 per share.
Key financial metrics for the quarter included a decrease in net operating income (NOI) to $38.0 million from $38.9 million in the previous year, and a decrease in funds from operations (FFO) to $16.9 million. The company also reported a decrease in same-store NOI by 1.1% and a drop in occupancy rates by 80 basis points. Additionally, NexPoint completed several property upgrades, achieving a 26% return on investment for the upgraded units.
Looking ahead, NexPoint Residential Trust remains focused on its value-add strategy and has reaffirmed its guidance for Core FFO per diluted share and same-store NOI for the full year 2025. The company continues to explore capital recycling opportunities to optimize its portfolio and enhance shareholder value.