Declared Dividend • Apr 30
First quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 7.3%, which is higher than the industry average of 3.8%. Reported Earnings • Apr 28
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: US$0.27 loss per share (improved from US$0.27 loss in 1Q 2025). Revenue: US$63.5m (flat on 1Q 2025). Net loss: US$6.75m (loss narrowed 2.1% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Apr 07
NexPoint Residential Trust, Inc. to Report Q1, 2026 Results on Apr 28, 2026 NexPoint Residential Trust, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 28, 2026 Announcement • Mar 12
NexPoint Residential Trust, Inc., Annual General Meeting, Jun 02, 2026 NexPoint Residential Trust, Inc., Annual General Meeting, Jun 02, 2026. Declared Dividend • Feb 27
Fourth quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 7.4%, which is higher than the industry average of 3.8%. Recent Insider Transactions Derivative • Feb 25
Chief Investment Officer & Executive VP exercised options and sold US$230k worth of stock On the 18th of February, Matthew McGraner exercised options to acquire 8k shares at no cost and sold these for an average price of US$29.75 per share. This trade did not impact their existing holding. Since March 2025, Matthew's direct individual holding has increased from 430.74k shares to 435.24k. Company insiders have collectively sold US$2.3m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 24
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$1.26 loss per share (down from US$0.044 profit in FY 2024). Revenue: US$251.3m (down 3.3% from FY 2024). Net loss: US$32.0m (down US$33.1m from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Jan 27
NexPoint Residential Trust, Inc. to Report Q4, 2025 Results on Feb 24, 2026 NexPoint Residential Trust, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 24, 2026 Recent Insider Transactions • Dec 24
Director recently sold US$938k worth of stock On the 19th of December, Brian Mitts sold around 33k shares on-market at roughly US$28.64 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$948k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Dec 14
Director notifies of intention to sell stock Brian Mitts intends to sell 32k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of December. If the sale is conducted around the recent share price of US$29.85, it would amount to US$966k. Since March 2025, Brian's direct individual holding has decreased from 91.28k shares to 84.44k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Dec 08
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Trailing yield: 7.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.3%). Recent Insider Transactions Derivative • Oct 31
Director notifies of intention to sell stock Brian Mitts intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of October. If the sale is conducted around the recent share price of US$30.21, it would amount to US$151k. Since March 2025, Brian's direct individual holding has decreased from 91.28k shares to 89.44k. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Oct 30
Third quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 6.7%, which is higher than the industry average of 3.8%. Reported Earnings • Oct 29
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: FFO per share: US$0.6 (up from US$0.61 in 3Q 2024). Revenue: US$62.9m (down 1.9% from 3Q 2024). Funds from operations (FFO): US$15.9m (up 1.5% from 3Q 2024). FFO margin: 25% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Oct 06
NexPoint Residential Trust, Inc. to Report Q3, 2025 Results on Oct 28, 2025 NexPoint Residential Trust, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 28, 2025 Upcoming Dividend • Sep 08
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 30 September 2025. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.8%). Recent Insider Transactions Derivative • Aug 13
Director notifies of intention to sell stock Brian Mitts intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$31.02, it would amount to US$155k. Since March 2025, Brian's direct individual holding has increased from 91.28k shares to 91.71k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Jul 31
Second quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.5%, which is higher than the industry average of 3.8%. Reported Earnings • Jul 29
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: US$0.28 loss per share (down from US$0.41 profit in 2Q 2024). Revenue: US$63.1m (down 1.8% from 2Q 2024). Net loss: US$7.03m (down 166% from profit in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 19% per year. Announcement • Jul 29
NexPoint Residential Trust, Inc. Announces Quarterly Dividend, Payable on September 30, 2025 NexPoint Residential Trust, Inc. announced that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on September 30, 2025, to stockholders of record on September 15, 2025. Announcement • Jul 10
NexPoint Residential Trust, Inc. to Report Q2, 2025 Results on Jul 29, 2025 NexPoint Residential Trust, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 29, 2025 Recent Insider Transactions • Jun 29
CFO, Executive VP-Finance recently bought US$165k worth of stock On the 25th of June, Paul Richards bought around 5k shares on-market at roughly US$32.92 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$193k. Paul has been a buyer over the last 12 months, purchasing a net total of US$391k worth in shares. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 30 June 2025. Trailing yield: 6.0%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.7%). Announcement • May 23
Nexpoint Residential Trust, Inc. Announces James Dondero Tenders Resignation from the Board of Directors NexPoint Residential Trust, Inc. at its AGM held on May 20, 2025, announced that under the Company’s majority voting policy, a director nominee must tender a conditional offer of resignation subject to acceptance or rejection by the Company’s board of directors in the event the director receives a greater number of votes “withheld” from his or her election than votes “for” his or her election in an uncontested election. At the Annual Meeting, Mr. Dondero received more votes “withheld” from his election than votes “for” his election. As a result, Mr. Dondero tendered his resignation from the board of directors, with the effectiveness of such resignation conditioned upon the board of directors’ acceptance thereof. The nominating and corporate governance committee will consider Mr. Dondero’s resignation and recommend to the board of directors whether to accept or reject it. The board of directors will act on the nominating and corporate governance committee’s recommendation within 90 days following certification of the election results and promptly disclose (1) its decision whether to accept or reject Mr. Dondero’s resignation and (2) if rejected, the reasons for rejecting Mr. Dondero’s resignation. As provided in the majority voting policy, Mr. Dondero will not participate in the deliberations of the nominating and corporate governance committee or the board of directors, but his service will otherwise continue pending the outcome of those deliberations. Declared Dividend • May 01
First quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 16th June 2025 Payment date: 30th June 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.8%. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: US$0.27 loss per share (down from US$1.02 profit in 1Q 2024). Revenue: US$63.2m (down 6.5% from 1Q 2024). Net loss: US$6.90m (down 126% from profit in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Nexpoint Residential Trust, Inc. Announces Quarterly Dividend, Payable on June 30, 2025 NexPoint Residential Trust, Inc. announced that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on June 30, 2025, to stockholders of record on June 16, 2025. Recent Insider Transactions • Apr 11
CFO, Executive VP-Finance recently bought US$193k worth of stock On the 7th of April, Paul Richards bought around 6k shares on-market at roughly US$33.24 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months. Board Change • Apr 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Carol Swain was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Apr 03
Chief Investment Officer & Executive VP exercised options and sold US$267k worth of stock On the 28th of March, Matthew McGraner exercised options to acquire 7k shares at no cost and sold these for an average price of US$39.08 per share. This trade did not impact their existing holding. Since June 2024, Matthew's direct individual holding has increased from 385.48k shares to 430.74k. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Apr 03
NexPoint Residential Trust, Inc. to Report Q1, 2025 Results on Apr 29, 2025 NexPoint Residential Trust, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 29, 2025 Recent Insider Transactions Derivative • Mar 19
Chief Investment Officer & Executive VP exercised options and sold US$361k worth of stock On the 13th of March, Matthew McGraner exercised options to acquire 9k shares at no cost and sold these for an average price of US$38.69 per share. This trade did not impact their existing holding. Since March 2024, Matthew's direct individual holding has increased from 380.82k shares to 408.70k. Company insiders have collectively sold US$1.8m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Mar 17
NexPoint Residential Trust, Inc., Annual General Meeting, May 20, 2025 NexPoint Residential Trust, Inc., Annual General Meeting, May 20, 2025. Buy Or Sell Opportunity • Mar 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to US$40.43. The fair value is estimated to be US$50.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are forecast to decline by 26% per annum over the same time period. Declared Dividend • Feb 28
Fourth quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 4.6%, which is higher than the industry average of 3.8%. Reported Earnings • Feb 26
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.044 (down from US$1.73 in FY 2023). Revenue: US$259.7m (down 6.5% from FY 2023). Net income: US$1.11m (down 98% from FY 2023). Profit margin: 0.4% (down from 16% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 95%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Feb 26
NexPoint Residential Trust, Inc. Provides Earnings Guidance for the First Quarter Ended March 31, 2025 and Year Ended December 31, 2025 NexPoint Residential Trust, Inc. provided earnings guidance for the year ended December 31, 2025 and first quarter ended March 31, 2025. For the quarter ended March 31, 2025, the company expects net loss mid-point of $9,232,000, NOI mid-point of $37,064,000.
For the full year, the company expects net loss mid-point of $31,547,000, NOI mid-point of $151,786,000 and same store NOI mid-point of $151,744,000. Announcement • Feb 25
NexPoint Residential Trust, Inc. Approves Quarterly Dividend, Payable on March 31, 2025 NexPoint Residential Trust, Inc. announced that its board of directors unanimously approved a quarterly dividend of $0.51 per share of the company common stock, payable on March 31, 2025, to stockholders of record on March 14, 2025. Recent Insider Transactions Derivative • Feb 23
Chief Investment Officer & Executive VP exercised options and sold US$293k worth of stock On the 18th of February, Matthew McGraner exercised options to acquire 7k shares at no cost and sold these for an average price of US$39.87 per share. This trade did not impact their existing holding. Since March 2024, Matthew's direct individual holding has increased from 380.82k shares to 385.48k. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Feb 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to US$39.82. The fair value is estimated to be US$50.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are forecast to decline by 54% per annum over the same time period. Announcement • Jan 24
NexPoint Residential Trust, Inc. to Report Q4, 2024 Results on Feb 25, 2025 NexPoint Residential Trust, Inc. announced that they will report Q4, 2024 results at 12:30 PM, US Eastern Standard Time on Feb 25, 2025 Announcement • Dec 29
NexPoint Residential Trust, Inc. Announces Chief Financial Officer Changes NexPoint Residential Trust, Inc. previously announced that in connection with the resignation of Brian Mitts from his positions as chief financial officer of the company effective as of December 31, 2024, the board of directors of the company appointed Paul Richards as the company’s Chief Financial Officer effective January 1, 2025. Mr. Mitts will remain the company’s chief financial Officer until the effectiveness of his resignation on December 31, 2024. Mr. Richards is 36 and has served as a director for NexPoint Advisors, L.P. (NREA) since 2019 and joined in 2017. Mr. Richards has also served as Chief Financial Officer, Assistant Secretary and Treasurer of VineBrook Homes Trust, Inc. (VineBrook) since August 2024, as Vice President of Asset Management and Financing of VineBrook since 2018, as Vice President of Asset Management of NexPoint Hospitality Trust (NHT) since March 2019 and as VP of Originations and Investments of NexPoint Real Estate Finance, Inc. (NREF) since February 2020. From 2016 to 2017, Mr. Richards served as a Product Strategy Associate at NexPoint Asset Management, L.P. (NexPoint Asset Management), formerly known as Highland Capital Management Fund Advisors, L.P., where he was responsible for evaluating and optimizing the registered product lineup. Mr. Richards was hired by a former NREA affiliate in 2014. VineBrook, NHT, NREF, NREA and NexPoint Asset Management may be deemed affiliates of the Company. Previously, Mr. Richards was also employed with Deloitte & Touche LLP’s state and local tax practice where he served as a tax consultant specializing in state strategic tax reviews, voluntary disclosure agreements, state tax exposure research, and overall state tax compliance. Announcement • Dec 28
NexPoint Residential Trust, Inc. Announces Executive Changes NexPoint Residential Trust, Inc. previously announced that in connection with the resignation of Brian Mitts from his positions as Executive VP-Finance, Secretary and Treasurer of the Company effective as of December 31, 2024, the board of directors of the company appointed Paul Richards as the company’s Executive VP-Finance, Treasurer and Assistant Secretary and David Willmore as the Chief Accounting Officer, Assistant Treasurer and Assistant Secretary of the Company effective as of January 1, 2025. On December 24, 2024 the Board now determined that Mr. Richards will be the company’s principal accounting officer as well as principal financial officer effective as of January 1, 2025 in connection with the effectiveness of the resignation of Mr. Mitts. Mr. Mitts will remain the company’s Executive VP-Finance, Secretary and Treasurer and designated principal financial officer and principal accounting officer until the effectiveness of his resignation on December 31, 2024. Mr. Richards is 36 and has served as a director for NexPoint Advisors, L.P. (NREA) since 2019 and joined in 2017. Mr. Richards has also served as Chief Financial Officer, Assistant Secretary and Treasurer of VineBrook Homes Trust, Inc. (VineBrook) since August 2024, as Vice President of Asset Management and Financing of VineBrook since 2018, as Vice President of Asset Management of NexPoint Hospitality Trust (NHT) since March 2019 and as VP of Originations and Investments of NexPoint Real Estate Finance, Inc. (NREF) since February 2020. From 2016 to 2017, Mr. Richards served as a Product Strategy Associate at NexPoint Asset Management, L.P. (NexPoint Asset Management), formerly known as Highland Capital Management Fund Advisors, L.P., where he was responsible for evaluating and optimizing the registered product lineup. Mr. Richards was hired by a former NREA affiliate in 2014. VineBrook, NHT, NREF, NREA and NexPoint Asset Management may be deemed affiliates of the Company. Previously, Mr. Richards was also employed with Deloitte & Touche LLP’s state and local tax practice where he served as a tax consultant specializing in state strategic tax reviews, voluntary disclosure agreements, state tax exposure research, and overall state tax compliance. Buy Or Sell Opportunity • Dec 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to US$44.67. The fair value is estimated to be US$55.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are forecast to decline by 72% per annum over the same time period. Upcoming Dividend • Dec 06
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 13 December 2024. Payment date: 31 December 2024. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (3.3%). Buy Or Sell Opportunity • Nov 27
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$47.46. The fair value is estimated to be US$59.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are forecast to decline by 69% per annum over the same time period. Declared Dividend • Nov 01
Third quarter dividend increased to US$0.51 Dividend of US$0.51 is 10% higher than last year. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.8%. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: US$0.35 loss per share (down from US$1.32 profit in 3Q 2023). Revenue: US$64.1m (down 8.5% from 3Q 2023). Net loss: US$8.85m (down 126% from profit in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Oct 29
NexPoint Residential Trust, Inc. Approves Quarterly Dividend, Payable on December 31, 2024 NexPoint Residential Trust, Inc. announced that its board of directors unanimously approved a quarterly dividend of $0.51 per share of the company common stock, payable on December 31, 2024, to stockholders of record on December 13, 2024. This represents an 10.3% increase over the previous quarter's dividend per share and an increase of 147.6% since inception in 2015. Major Estimate Revision • Sep 11
Consensus EPS estimates increase by 22% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.767 to US$0.938. Revenue forecast steady at US$261.0m. Net income forecast to shrink 100% next year vs 6.5% decline forecast for Residential REITs industry in the US. Consensus price target up from US$46.00 to US$47.29. Share price was steady at US$45.18 over the past week. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 30 September 2024. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.2%). Major Estimate Revision • Sep 02
Consensus EPS estimates increase by 30% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.59 to US$0.767. Revenue forecast steady at US$260.9m. Net income forecast to shrink 101% next year vs 6.7% decline forecast for Residential REITs industry in the US. Consensus price target up from US$44.71 to US$46.00. Share price rose 2.9% to US$47.30 over the past week. Buy Or Sell Opportunity • Aug 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to US$45.66. The fair value is estimated to be US$37.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are forecast to decline by 77% per annum over the same time period. Declared Dividend • Aug 01
Second quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 13th September 2024 Payment date: 30th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%. Reported Earnings • Jul 31
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: FFO per share: US$0.6 (down from US$0.77 in 2Q 2023). Revenue: US$64.3m (down 7.6% from 2Q 2023). Funds from operations (FFO): US$16.3m (down 18% from 2Q 2023). FFO margin: 25% (down from 28% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 30
NexPoint Residential Trust, Inc. Announces Quarterly Dividend, Payable on September 30, 2024 NexPoint Residential Trust, Inc. announced that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on September 30, 2024, to stockholders of record on September 13, 2024. Buy Or Sell Opportunity • Jul 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to US$40.29. The fair value is estimated to be US$33.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are forecast to decline by 71% per annum over the same time period. Announcement • Jul 04
NexPoint Residential Trust, Inc. to Report Q2, 2024 Results on Jul 30, 2024 NexPoint Residential Trust, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 30, 2024 Announcement • Jul 03
NexPoint Residential Trust, Inc.(NYSE:NXRT) dropped from Russell 2000 Growth-Defensive Index NexPoint Residential Trust, Inc.(NYSE:NXRT) dropped from Russell 2000 Growth-Defensive Index Upcoming Dividend • Jun 07
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.6%). Major Estimate Revision • May 16
Consensus EPS estimates fall by 506% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.16 to -US$0.97 per share. Revenue forecast unchanged at US$264.0m. Residential REITs industry in the US expected to see average net income decline 23% next year. Consensus price target of US$37.14 unchanged from last update. Share price was steady at US$36.36 over the past week. Recent Insider Transactions • May 08
Executive VP of Finance recently sold US$171k worth of stock On the 2nd of May, Brian Mitts sold around 5k shares on-market at roughly US$34.25 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brian has been a net seller over the last 12 months, reducing personal holdings by US$340k. Recent Insider Transactions Derivative • May 03
Executive VP of Finance notifies of intention to sell stock Brian Mitts intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of May. If the sale is conducted around the recent share price of US$34.07, it would amount to US$341k. Since June 2023, Brian's direct individual holding has increased from 86.07k shares to 90.16k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 03
First quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.8%. Reported Earnings • May 03
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: US$1.02 (up from US$0.15 loss in 1Q 2023). Revenue: US$67.6m (down 2.4% from 1Q 2023). Net income: US$26.3m (up US$30.2m from 1Q 2023). Profit margin: 39% (up from net loss in 1Q 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • May 03
Nexpoint Residential Trust, Inc. Provides Earnings Guidance for the Three Months Ending June 30, 2024 and Year Ending December 31, 2024 NexPoint Residential Trust, Inc. provided earnings guidance for the three months ending June 30, 2024 and year ending December 31, 2024. For three months, the company expected net income mid-point of $10,380,000; NOI mid-point of $38,647,000.For the year, the company expected net income mid-point of $18,524,000; NOI mid-point of $156,557,000 and Same Store NOI mid-point of $152,735,000. Announcement • Apr 30
NexPoint Residential Trust, Inc. Announces Quarterly Dividend, Payable on June 28, 2024 NexPoint Residential Trust, Inc. announced that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on June 28, 2024, to stockholders of record on June 14, 2024. Recent Insider Transactions Derivative • Apr 03
Chief Investment Officer & Executive VP exercised options and sold US$212k worth of stock On the 28th of March, Matthew McGraner exercised options to acquire 7k shares at no cost and sold these for an average price of US$32.19 per share. This trade did not impact their existing holding. Since June 2023, Matthew's direct individual holding has increased from 340.44k shares to 371.53k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Apr 02
NexPoint Residential Trust, Inc. to Report Q1, 2024 Results on Apr 30, 2024 NexPoint Residential Trust, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 30, 2024 Price Target Changed • Mar 11
Price target decreased by 7.4% to US$36.71 Down from US$39.67, the current price target is an average from 7 analysts. New target price is 19% above last closing price of US$30.73. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$0.65 for next year compared to US$1.73 last year. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.8%). Major Estimate Revision • Mar 07
Consensus EPS estimates increase from loss to US$0.095 profit, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$269.0m to US$265.5m. EPS estimate of -US$0.46 up from expected loss of US$0.095 per share previously. Residential REITs industry in the US expected to see average net income decline 32% next year. Consensus price target of US$38.17 unchanged from last update. Share price rose 3.9% to US$30.36 over the past week.