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Stock impact report

NexPoint Residential Trust Q1 Earnings Call Highlights [Yahoo! Finance]

NexPoint Residential Trust, Inc. (NXRT) 
Last nexpoint residential trust, inc. earnings: 2/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: nexpointliving.com
Company Research Source: Yahoo! Finance
million ($0.68 per share), slightly above consensus, and reaffirmed full-year Core FFO guidance of $2.42–$2.71 while keeping the dividend at $0.53 per share with roughly 1.21x coverage at the midpoint; liquidity stands at about $161.5 million and there are no debt maturities until 2028. Interest expense headwind: Core FFO was pressured by higher interest costs as swap benefits fell (from $8.4M to $5.5M) and a higher forward SOFR curve added roughly $2.2M of incremental interest, raising full-year interest expense guidance to $69.3 million; the company has swaps covering 62% of floating debt and is evaluating additional hedges. Operating trends improving but mixed: Same-store NOI fell ~2.7% with occupancy rising to 93.6% (April ~93.9%), bad debt improved materially to 55 bps of GPR from 102 bps, and concessions (1.9% of GPR) are expected to decline meaningfully through 2026 toward roughly 0.4–1.0% by year-end. Interested in NexPoint Residential Trust, Inc.? Here are five stocks w Show less Read more
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