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NexPoint Residential Trust Inc (NXRT)
NYSE:NXRT
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.3Last Year’s EPS
1Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -13.68%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic refinancing and value-add program success, but was overshadowed by a significant net loss, decreased NOI, and occupancy challenges in key markets. The sentiment reflects mixed financial performance with some operational strengths.Company Guidance
In the earnings call for NexPoint Residential Trust, Inc., the company provided detailed guidance for 2025. For core FFO per diluted share, they projected a range from $2.56 to $2.83, with a midpoint of $2.70. They forecasted same-store revenue to increase by 1.3% on the high end and decrease by 20 basis points on the low end, resulting in a midpoint increase of 50 basis points. Same-store expenses are anticipated to rise by 2.4% to 4.9%, with a midpoint increase of 3.7%. Consequently, same-store NOI is expected to range from a 50 basis point increase to a 3.5% decrease, with a midpoint decrease of 1.5%. The company also plans to complete 425 full interior upgrades, generating a $269 average monthly rent premium, among other strategic enhancements to drive growth. They highlighted that their current liquidity stands at $373 million, and they have no meaningful debt maturities until 2027.Successful Refinancing Activity
NexPoint Residential Trust, Inc. completed refinancing activities that extended the company's weighted average debt maturity schedule to seven years and reduced the adjusted weighted average interest rate from 3.64% to 2.96%.
Strong Value-Add Program Returns
The company completed 58 full and partial renovations in Q4 2024, achieving an average monthly rent premium of $150 and a 19.2% return on investment. Inception to date, various upgrades have resulted in return on investments ranging from 20.8% to 64.8%.
Dividend and Core FFO Coverage
The dividend was 1.47x covered by core FFO for 2024 with a payout ratio of 68% of core FFO. Since inception, the dividend has increased by 147.6%.
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NXRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NXRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $38.45 | $39.89 | +3.75% |
| Oct 29, 2024 | $41.96 | $41.96 | 0.00% |
| Jul 30, 2024 | $42.08 | $42.26 | +0.43% |
| Apr 30, 2024 | $31.78 | $32.66 | +2.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NexPoint Residential Trust Inc (NXRT) report earnings?
NexPoint Residential Trust Inc (NXRT) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is NexPoint Residential Trust Inc (NXRT) earnings time?
NexPoint Residential Trust Inc (NXRT) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NXRT EPS forecast?
NXRT EPS forecast for the fiscal quarter 2025 (Q1) is -0.3.
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