NXRT Acquires $73.25 Million Property in Las Vegas

Written by Emily J. Thompson, Senior Investment Analyst

Source: PRnewswire

Updated: Feb 24 2026

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NXRT+1.47%

Should l Buy NXRT?

Source: PRnewswire

Property Acquisition: NexPoint Residential Trust, Inc. has acquired a $73.25 million property in Las Vegas, which not only expands its investment portfolio in the Southwestern market but is also expected to enhance the company's long-term revenue potential.
Financial Performance Review: As of December 31, 2025, NXRT reported a net income of -$32.154 million; however, its FFO per share stood at $2.48, indicating improvements in operational efficiency that bolster investor confidence.
Future Guidance: NXRT anticipates a Core FFO per share of $2.57 for 2026, reflecting a positive outlook on market growth and plans to drive revenue growth through value-add initiatives.
Investor Conference Call: NXRT will host a conference call on February 24, 2026, to discuss its 2025 financial results, which is expected to attract investor interest in its strategic direction and market outlook, further enhancing market transparency.

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Analyst Views on NXRT

Wall Street analysts forecast NXRT stock price to rise

6 Analyst Rating

1 Buy

5 Hold

0 Sell

Hold

Current: 26.870

Low

38.00

Averages

40.83

High

42.50

Current: 26.870

Low

38.00

Averages

40.83

High

42.50

Raymond James

Market Perform -> Underperform

downgrade

2026-02-27

Reason

Raymond James

Price Target

AI Analysis

2026-02-27

downgrade

Market Perform -> Underperform

Reason

Raymond James downgraded NexPoint Residential to Underperform from Market Perform. Residential REITs are being downgraded as rental demand deterioration across multifamily and single-family rental segments accelerates into early 2026, raising concerns that consensus and recently issued 2026 guidance may prove too optimistic, the analyst tells investors in a research note. Despite management assumptions of a seasonally normal leasing recovery and improved 2H26 comps, weak leasing trends, elevated new supply and concessions, macro headwinds such as AI-driven job displacement and stricter immigration enforcement, and rising regulatory risks suggest downside risk to earnings expectations, the firm says.

Truist

Hold

downgrade

$31 -> $30

2026-01-20

Reason

Truist

Price Target

$31 -> $30

2026-01-20

downgrade

Hold

Reason

Truist lowered the firm's price target on NexPoint Residential to $30 from $31 and keeps a Hold rating on the shares. The firm adjusted ratings and targets in the real estate investment trust group as part of its 2026 outlook. Truist remains Neutral on REITs for 2026, saying fundamentals are improving as new supply slows and demand appears steady for high-quality assets. However, the stocks do not appear particularly cheap, the analyst tells investors in a research note. Truist is relatively bullish on healthcare, industrial, strip retail, gaming and lodging REITs, neutral on manufactured housing, multifamily, self-storage and triple net, and relatively cautious on mall and office.

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About NXRT

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.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

NexPoint Residential Trust Q4 2025 Earnings Call Insights

Feb 24 2026seekingalpha

Financial Performance Overview: NexPoint Residential Trust reported a net loss of $10.3 million for Q4 2025, translating to a diluted loss of $0.41 per share, despite total revenue of $62.1 million, which slightly decreased from $63.8 million in Q4 2024, indicating ongoing challenges faced by the company.
Operational Metrics Decline: The fourth quarter's net operating income (NOI) was $37.1 million, down 4.7% from $38.9 million in 2024, with same-store rental income and occupancy both declining, the latter closing at 92.7%, reflecting intensified market competition and weak leasing demand.
Cautious Future Outlook: Management provided guidance for 2026, projecting core FFO per diluted share between $2.42 and $2.71, with expectations of negative same-store NOI growth, indicating a cautious stance on market recovery, particularly amid increased new unit deliveries.
Capital Allocation Strategy: The company repurchased 223,109 shares in 2025 at an average price of $34.29 per share, demonstrating confidence in its valuation, while management emphasized a continued focus on capital expenditures and operational efficiency to navigate future market challenges.

NexPoint Residential Trust Q4 2025 Earnings Report

Feb 24 2026seekingalpha

Poor Financial Performance: NexPoint Residential Trust reported a Q4 2025 FFO of $0.52, missing estimates by $0.08, indicating a decline in profitability that may undermine investor confidence.
Revenue Decline: The fourth quarter revenue was $62.1 million, down 2.7% year-over-year and falling short of market expectations, reflecting pressure in market competition that could slow future growth.
Net Loss Situation: The net loss for Q4 was $10.3 million, or $0.41 per share, including $23.6 million in depreciation and amortization expenses, highlighting challenges in cost control that may affect financial stability.
NOI and AFFO Performance: Q4 NOI was $37.1 million, a 4.8% decrease year-over-year, while AFFO totaled $19.1 million, or $0.75 per share, indicating difficulties in maintaining cash flow that could impact future dividend capabilities.

NexPoint Residential Trust Declares Quarterly Dividend of $0.53

Feb 24 2026seekingalpha

Quarterly Dividend Maintained: NexPoint Residential Trust has declared a quarterly dividend of $0.53 per share, consistent with the previous quarter, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
Yield Performance: The forward yield of 7.14% for this dividend is attractive in the current market environment, potentially drawing more attention from investors seeking stable income.
Clear Payment Schedule: The dividend will be payable on March 31, with a record date of March 13 and an ex-dividend date also on March 13, ensuring timely returns for investors and enhancing the company's credibility among shareholders.
Consecutive Dividend Record: NexPoint Residential Trust has announced the same dividend amount for two consecutive quarters, indicating consistency and stability in financial management, which helps bolster its competitiveness in the Real Estate Investment Trust (REIT) market.