NexPoint Residential (NXRT) Earnings Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 24, 2026
AI-Generated Deep Dive Summary
NexPoint Residential (NXRT) reported a narrower net loss of $10.3 million, or $0.41 per diluted share, compared to $26.9 million, or $1.06 per diluted share, in the prior year’s fourth quarter. Total revenue dropped slightly to $62.1 million from $63.8 million, while Net Operating Income (NOI) fell 4.7% year over year to $37.1 million across its 35-property portfolio. Same-store rental income decreased by 2.8%, with occupancy steady at 92.7%. Notably, the company completed 380 full and partial renovations, driving a 22.2% ROI and an average rent premium of $74 per unit.
NXRT’s dividend remains stable at $0.53 per share for the quarter, with full-year coverage at 1.35x Core FFO and a payout ratio of 73.8%. The company demonstrated strong liquidity, holding $13.7 million in cash and $108 million available under its credit facility, totaling $121.7 million. Debt management improved as $900 million of floating-rate debt was swapped to fixed, covering 62% of total floating-rate mortgage debt. With no near-term maturities until 2028, NXRT maintains financial flexibility.
Looking ahead, the company provided 2026 guidance with Core FFO per diluted share ranging from $2.42 (low
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Originally published on The Motley Fool on 2/24/2026