NexPoint Residential Trust's Q1 revenue rises, beats estimates

NexPoint Residential Trust

28/04/2026 13:25

Overview

U.S. multifamily REIT's Q1 revenue rose and beat analyst expectations

Company posted net loss of $6.8 mln, little changed from prior year

Outlook

NexPoint Residential Trust sees 2026 Core FFO per share at $2.57

Company expects 2026 AFFO per share at $2.99

Result Drivers

HIGHER INTEREST EXPENSE - Increase in interest expense offset operating income gains, limiting improvement in net loss

VALUE-ADD UPGRADES - Completed 300 unit upgrades in Q1, achieving average monthly rent premium of $69 and 19% ROI

Company press release: ID:nPn4ZFhFXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$63.50 mln
$62.37 mln (6 Analysts)
Q1 EPS
-$0.27
Q1 Net Income
-$6.78 mln
Q1 Core FFO
$17.27 mln
Q1 FFO
$17.44 mln
Q1 Core FFO Per Share Basic
$0.68
Q1 FFO Per Share Basic
$0.69


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy."

Wall Street's median 12-month price target for NexPoint Residential Trust Inc is $30.00, about 13.8% above its April 27 closing price of $26.36

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)