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0 0 0 0 0.00064350064350063 -0.0186615186615187 -0.0138352638352638 -0.0337837837837838
Stock impact report

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS [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
DALLAS Feb. 20, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the fourth quarter and year ended December 31, 2023 Highlights NXRT reported net income, FFO , Core FFO and AFFO of $44.3M $71.4M $73.5M and $84.4M , respectively, attributable to common stockholders for the year ended December 31, 2023 , compared to net loss, FFO, Core FFO, and AFFO of $(9.3)M $73.4M $81.8M and $91.4M , respectively, attributable to common stockholders for the year ended December 31, 2022 For the year ended December 31, 2023 , 2022-2023 Same Store properties average effective rent, total revenue and NOI increased 0.1%, 7.1% and 8.2%, respectively, and occupancy increased 60 bps over the prior year period. During the year ended December 31, 2023 , the Company completed the sales of Silverbrook and Timber Creek for a combined sales price of $119.0 million The weighted average effective monthly rent per unit across all 38 properties held as of Dece Show less Read more
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