NexPoint Residential Trust Q2 revenue beats estimates

NexPoint Residential Trust

04/08/2026 13:25

Overview
U.S. multifamily REIT's Q2 revenue rose, beating analyst expectations
Net loss widened to $8.6 mln as property operating and interest expenses increased
Core FFO per share fell to $0.66 from $0.71 a year earlier

Outlook
NexPoint Residential Trust sees 2026 Core FFO per diluted share at $2.45
Company expects 2026 AFFO per diluted share of $2.86
NexPoint Residential Trust projects 2026 Same Store NOI at $150.1 mln

Result Drivers
HIGHER OPERATING EXPENSES - Co said increased property operating expenses contributed to wider net loss in Q2
INTEREST EXPENSE - Co attributed higher net loss to increased interest expense
PROPERTY UPGRADES - Co completed 459 upgrades and leased 255 upgraded units in Q2, achieving average monthly rent premium of $90.60 and 23% ROI

Company press release: ID:nPn8pCZlSa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$64.60 mln
$63.45 mln (6 Analysts)
Q2 Loss Per Share
 
$0.34
 
Q2 Net Loss
 
$8.65 mln
 
Q2 Core FFO
 
$16.93 mln
 
Q2 FFO
 
$15.19 mln
 
Q2 Core FFO Per Share Basic
 
$0.66
 
Q2 FFO Per Share Basic
 
$0.60
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and 1 "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 15.8% above its August 3 closing price of $25.91

Reuters Recommended Reads
Aug 3 - Independence Realty Trust Q2 EPS falls
Aug 3 - Centerspace Q2 revenue misses estimates
Aug 4 - Kimco Realty Q2 FFO rises, lifts 2026 outlook

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.)