NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2026 RESULTS
NexPoint Residential Trust reported Q3 2026 total revenues of $64.5 million, up from $62.8 million a year earlier, but the net loss attributable to common stockholders widened to $11.5 million ($0.45 per diluted share) from $7.8 million. Operating trends deteriorated meaningfully: Q3 same-store NOI fell 8.2% to $35.6 million, occupancy declined 70 bps to 92.8%, and Core FFO per diluted share dropped 26% to $0.52 from $0.70. The company reset its full-year same-store NOI guidance, with FY26 midpoints of Core FFO $2.22 and AFFO $2.64 per diluted share.
Key figures
- Revenue
- $64.5 million
- Guidance
- 2026 Same Store NOI guidance reset; FY26 midpoints: FFO $2.02, Core FFO $2.22, AFFO $2.64 per diluted share; FY26 NOI midpoint $149.0M, Same Store NOI midpoint $145.1M
- Revenue Yoy
- 2.7%
- Units
- 13305
- Ffo q3
- $11.7M / $0.46 per diluted share
- Q3 noi
- $36.6M
- Affo q3
- $16.2M / $0.63 per diluted share
- Net debt
- $1,601.4M
- Occupancy
- 92.8%
- Properties
- 36
- Acquisition
- Midtown Crossing, Raleigh NC — $32.0M, 228 units
- Core ffo q3
- $13.4M / $0.52 per diluted share (vs $0.70 prior year)
- Dividend q3
- $0.53 per share
- Same store noi yoy
- -8.2%
- Credit facility draw
- $33.0M
- Buyback authorization
- $150.0M
- Same store revenue yoy
- -0.7%
- Avg monthly rent per unit
- 1489
- Leverage ratio net debt to ev
- 76%
AI analysis
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