NexPoint Residential Trust Inc NXRT

Real EstateResidential & Commercial REITsUnited States of America

Last close 18.04 USD on Nov 2, 2026, −36.2% year to date

Quant rating

Quant rating D Rank 139 of 175 in Real Estate

Growth D 133 of 175
Valuation B 31 of 175
Quality D 126 of 175
Revisions B 66 of 175
Momentum D 169 of 175

Wall Street consensus Hold (2.83)Average target 25.25 USD +40.0%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 461M
Enterprise value: 2.0B
52-week range: 17.64 – 32.28
3-year range: 17.64 – 47.74
Dividend yield: 11.76%
Beta (5 years): 1.18
Shares outstanding: 25.5M
Next earnings: Nov 3, 2026

About the company

NexPoint Residential Trust, Inc. is a real estate investment trust (REIT). The Company is primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with value-add potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. The Company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program. The Company may allocate up to 30% of the portfolio to investments in real estate-related debt and securities with the potential for high current income or total returns. These allocations may include first and second mortgages and subordinated, bridge, mezzanine, construction and other loans. It is externally managed by NexPoint Real Estate Advisors, L.P.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	251	260	278	264	219	–
Revenue growth	−3.2%	−6.4%	5.1%	20.4%	7.1%	4.2%
EPS (basic, normalized)	−1.26	0.04	1.69	−0.36	0.89	–
EPS growth	–	−97.6%	–	–	–	–
Gross margin	62.9%	63.1%	62.2%	61.3%	60.1%	61.9%
Net margin	−12.7%	0.4%	15.9%	−3.5%	10.5%	2.1%
ROE	−9.1%	0.2%	8.7%	−1.9%	5.2%	0.7%

Balance sheet, last quarter
Cash & short-term investments (mil)	14.6
Current ratio	–
Long-term debt (mil)	1,589
Net debt (mil)	1,580
Total equity (mil)	248
Net debt / equity	6.37x
Net debt / EBITDA	12.77x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	251	−3.2%	8.1x	124	−2.2%	16.5x	−1.26	−3,250.0%	−14.3x
2026	256	+2.0%	8.0x	125	+1.0%	16.3x	−1.55	−22.8%	−11.7x
2027	262	+2.4%	7.8x	127	+1.6%	16.1x	−2.17	−39.9%	−8.3x
2028	273	+4.1%	7.5x	131	+3.4%	15.6x	−2.52	−16.4%	−7.2x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	256	0.0%	+0.7%	+1.3%	−1.55	−0.7%	−4.1%	+0.2%
2027	262	0.0%	+0.1%	+0.1%	−2.17	−4.2%	−6.4%	−15.2%
2028	273	0.0%	−0.9%	+4.6%	−2.52	−23.5%	−48.2%	−58.1%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	81.1	77.0	64.1	63.8	63.2	63.2	62.8	62.1	63.5	64.6
Sales mean (mil)	66.6	64.8	64.1	63.4	63.0	63.0	62.9	62.8	62.4	63.4
Surprise	+21.8%	+18.9%	0.0%	+0.6%	+0.3%	+0.4%	0.0%	−1.2%	+1.9%	+1.8%
EPS reported	1.00	0.40	−0.35	−1.03	−0.27	−0.28	−0.31	−0.41	−0.27	−0.34
EPS mean	0.26	−0.15	−0.27	−0.37	−0.29	−0.34	−0.35	−0.34	−0.37	−0.38
Surprise	+284.6%	−369.7%	−29.6%	−181.6%	+6.9%	+16.8%	+10.6%	−20.6%	+26.4%	+9.7%

Peer comparison Residential & Commercial REITs

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
NXRT NexPoint Residential Trust Inc	461M	12.77x	−12.7%	1.86x	−11.7x	−8.3x	16.3x	16.1x
VMRK Vivmark Residential	48.1B	4.55x	36.2%	2.22x	47.4x	39.1x	21.6x	14.6x
ESS Essex Property Trust, Inc.	17.1B	4.95x	35.5%	3.22x	46.8x	42.3x	18.6x	17.8x
INVH Invitation Homes Inc.	15.5B	5.62x	21.5%	1.77x	26.7x	36.3x	15.6x	15.3x
SUI Sun Communities Inc	13.9B	2.94x	−3.0%	2.59x	136.1x	38.2x	15.9x	17.2x
OHI Omega Healthcare Investors, Inc.	14.2B	4.07x	48.1%	2.61x	18.4x	23.4x	15.3x	14.7x
Mean		5.82x	20.9%	2.38x	44.0x	28.5x	17.2x	15.9x
Median		4.75x	28.5%	2.40x	36.8x	37.2x	16.1x	15.7x

Technical analysis

1M−3.4%
3M−29.2%
1Y−36.2%
3Y−23.9%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, NexPoint Residential Trust Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	251	260	278	264	219	205
Cost of revenue	93.2	95.7	105	102	87.4	83.6
Gross profit	158	164	173	162	132	121
Selling, general & administrative expenses	34.1	35.5	34.3	31.5	26.9	23.9
Research & development	–	–	–	–	–	–
Depreciation/amortization	95.8	97.8	95.2	97.6	86.9	82.4
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	−0.2	26.0	0.8	7.3	−1.8	−3.1
Other operating expenses	0	0	0	0	0	0
Operating income	28.4	4.7	42.2	25.3	19.9	18.0
Net interest income (expense)	−60.5	−58.3	−66.9	−50.6	−44.6	−44.8
Gain (loss) on sale of assets	0	54.2	67.9	14.7	46.2	69.2
Other non-operating income (expense)	0	0.5	1.2	1.3	1.6	1.8
Net income before taxes	−32.2	1.1	44.4	−9.3	23.1	44.1
Provision for taxes	–	–	–	–	–	–
Minority interest	0.1	0	−0.2	0	−0.1	−0.1
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−32.0	1.1	44.3	−9.3	23.0	44.0
Extraordinary items	–	–	–	–	–	–
Net income	−32.0	1.1	44.3	−9.3	23.0	44.0
EBIT, normalized	28.2	30.7	43.0	32.7	18.1	14.9
EBITDA, normalized	124	128	138	130	105	97.3
Basic EPS, normalized	−1.26	0.04	1.69	−0.36	0.89	–

Balance sheet in millions of USD, fiscal years

Balance sheet, NexPoint Residential Trust Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	13.7	23.1	12.4	16.8	49.5	24.5
Receivables	9.1	12.3	14.6	17.1	4.8	9.0
Total inventory	–	–	–	–	–	–
Prepaid expenses	4.9	6.1	8.6	10.4	4.7	2.4
Other current assets	–	–	–	–	–	–
Total current assets	–	–	–	–	–	–
Property, plant & equipment	1,814	1,793	1,968	2,043	1,962	1,761
Goodwill	–	–	–	–	–	–
Intangibles	–	–	–	–	–	–
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	72.5	114	140	183	102	68.5
Total assets	1,886	1,907	2,108	2,225	2,063	1,829
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	11.6	11.4	17.1	12.3	12.6	10.1
Accrued expenses	7.1	7.6	9.4	7.9	2.5	2.3
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	–	–	–	–	–	–
Total current liabilities	–	–	–	–	–	–
Long-term debt	1,558	1,464	1,565	1,667	1,554	1,345
Minority interest	4.9	5.8	5.2	5.6	6.1	3.1
Other liabilities	28.5	27.6	42.7	32.6	33.0	73.0
Total liabilities	1,591	1,497	1,613	1,706	1,594	1,421
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.3	0.3	0.3	0.3	0.3	0.2
Additional paid-in capital	407	407	413	405	408	377
Retained earnings (accumulated deficit)	−123	−38.0	11.5	11.9	59.2	75.3
Treasury stock	0	0	–	0	0	–
Other equity	12.0	40.7	69.9	102	2.6	−44.4
Total equity	295	410	495	520	470	408
Total liabilities & shareholders' equity	1,886	1,907	2,108	2,225	2,063	1,829

Cash flow statement in millions of USD, fiscal years

Cash flow statement, NexPoint Residential Trust Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−32.2	1.1	44.4	−9.3	23.1	44.1
Depreciation, depletion & amortization	95.8	97.8	95.2	97.6	86.9	82.4
Deferred taxes	–	–	–	–	–	–
Non-cash items	20.9	−6.9	−43.6	3.6	−35.4	−61.5
Changes in working capital	−0.9	−18.4	0.6	−12.8	−1.3	−7.8
Cash from operations	83.6	73.6	96.6	79.1	73.3	57.2
Investing activities
Capital expenditures	−116	−37.3	−71.4	−203	−333	−135
Other investing cash flows	0.1	168	123	40.6	97.4	146
Cash from investing	−116	131	51.9	−162	−236	11.5
Financing activities
Financing cash flow items	−5.4	−24.1	−3.9	−26.3	−5.5	−3.3
Cash dividends paid	−53.5	−49.3	−44.8	−40.6	−35.8	−32.3
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	82.3	−122	−106	113	236	−47.3
Cash from financing	23.4	−196	−155	46.3	194	−82.9
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−8.7	8.6	−6.5	−36.9	31.7	−14.2
Free cash flow	−32.3	36.3	25.2	−124	−260	−77.5

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.