NexPoint Residential Trust's Q2 revenue meets expectations

NexPoint Residential Trust

29/07/2025 13:25

Overview

NexPoint Q2 revenue of $63.1 mln, in line with analysts' expectations

Company reports net loss of $7 mln vs $10.6 mln profit yr-ago, due to fall in gain on sales of real estate

Co repurchased $7.6 mln in shares and completed $100 mln SOFR swap

Outlook

Company expects full-year 2025 net loss of $33.6 mln

NexPoint sees 2025 full-year FFO per share at $2.51

Company anticipates 2025 Core FFO per share at $2.75

NexPoint projects 2025 AFFO per share at $3.14

Result Drivers

REAL ESTATE SALES - Decrease in gain on sales of real estate impacted net income, contributing to Q2 net loss

OCCUPANCY DECLINE - Same Store occupancy fell by 80 basis points, affecting revenue and NOI

RENT PREMIUM - Property upgrades resulted in rent premiums, but did not offset overall revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$63.10 mln
$63 mln (8 Analysts)
Q2 EPS
-$0.28
Q2 Net Income
-$7.06 mln
Q2 Core FFO
$17.96 mln
Q2 FFO
$16.93 mln
Q2 Core FFO Per Share Basic
$0.71
Q2 FFO Per Share Basic
$0.67


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "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 $39.50, about 16.4% above its July 28 closing price of $33.01

Press Release: ID:nPn1jwj8ya

(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.)