NexPoint Residential Q1 2024 FFO $0.75 Beats $0.68 Estimate, Sales $67.600 Miss $66.579M Estimate

4/30/24 8:18:04 AM ET

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NexPoint Residential (NYSE:NXRT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.68 by 10.29 percent. The company reported quarterly sales of $67.600 which missed the analyst consensus estimate of $66.579 million by 100.00 percent. This is a 100.00 percent decrease over sales of $69.200 million the same period last year.

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Recent Analyst Ratings for
$NXRT

Date	Price Target	Rating	Analyst
10/21/2024	$50.00	Mkt Perform → Outperform	Raymond James
5/24/2024		Underperform → Mkt Perform	Raymond James
3/18/2024		Mkt Perform → Underperform	Raymond James
1/30/2024	$38.00	Buy	Deutsche Bank
12/20/2023	$36.00	Buy → Neutral	Janney
1/9/2023	$47.00	Outperform → Neutral	Credit Suisse
10/19/2022	$78.00 → $45.00	Buy → Hold	Jefferies
9/20/2022	$70.00	Mkt Outperform	JMP Securities

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UDF IV Board Silent on Critical Shareholder Concerns Raised by NexPoint
Board Continues Deflection Tactics to Avoid Accountability Current Trustees Refuse to Answer Serious Questions, Highlighting Need for New Leadership DALLAS, Nov. 7, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") provided an update on United Development Funding IV ("UDF IV" or the "Company") and the current Board of Trustees election. In a recent letter, NexPoint alerted fellow shareholders of the Company's persistent use of deflection tactics to evade accountability and shift focus away from its own failings. UDF IV has employed these tactics before. The Board and management blamed external parties for
11/7/24 4:35:00 PM ET
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NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2024 Investor Conference
DALLAS, Nov. 7, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE:NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, Bonner McDermett, NXRT VP, Asset Management, and Sean Jacobson, NXRT VP, Asset Management will be meeting with investors and others at Nareit's REITworld: 2024 Annual Conference, to be held November 18-21 at the Wynn Las Vegas in Las Vegas. A copy of the meeting materials will be posted in the
11/7/24 8:30:00 AM ET
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NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud
Current Trustees Continue to Protect the Interests of the Board, UDF Management, and the Largest Borrower at Shareholders' ExpenseShareholders Should Not Be Misled by UDF IV's Ongoing Attempts to Deflect from the Board's Egregious ActionsDALLAS, Nov. 6, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on United Development Funding IV ("UDF IV" or the "Company"). NexPoint notes that UDF IV's current Board of Trustees continues to deflect attention from the Board's egregious actions and the Company's underperformance by pushing false and misleading narratives about NexPoint. Shareholders should instead focus on the
11/6/24 8:20:00 PM ET
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Forecasting The Future: 4 Analyst Projections For NexPoint Residential
Ratings for NexPoint Residential (NYSE:NXRT) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for NexPoint Residential, presenting an average target of $36.0, a high estimate of $38.00, and a low estimate of $34.00. Holdi
6/24/24 9:00:54 AM ET
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Truist Securities Maintains Hold on NexPoint Residential, Raises Price Target to $37
Truist Securities analyst Michael Lewis maintains NexPoint Residential (NYSE:NXRT) with a Hold and raises the price target from $34 to $37.
6/24/24 8:29:12 AM ET
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This Cleveland-Cliffs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. JP Morgan analyst Bill Peterson downgraded the rating for Cleveland-Cliffs Inc. (NYSE:CLF) from Overweight to Neutral, while lowering the price target from $23 to $17. Cleveland-Cliffs shares fell 1% to close at $15.65 on Monday. See how other analysts view this stock. Raymond James analyst Brian Peterson downgraded PowerSchool Holdings, Inc. (NYSE:PWSC) from Outperform to Market Perform. PowerSchool shares fell 0.5% to settle at $22.34 on Monday. See how other analysts view this stock
6/11/24 9:39:28 AM ET
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NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud
Current Trustees Continue to Protect the Interests of the Board, UDF Management, and the Largest Borrower at Shareholders' ExpenseShareholders Should Not Be Misled by UDF IV's Ongoing Attempts to Deflect from the Board's Egregious ActionsDALLAS, Nov. 6, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on United Development Funding IV ("UDF IV" or the "Company"). NexPoint notes that UDF IV's current Board of Trustees continues to deflect attention from the Board's egregious actions and the Company's underperformance by pushing false and misleading narratives about NexPoint. Shareholders should instead focus on the
11/6/24 8:20:00 PM ET
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NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2024 RESULTS
NXRT Boosts Quarterly Dividend by 10.3%; Announces Completed Refinancings of 17 Properties and $24.5 million of Disposition Activity DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the third quarter ended September 30, 2024. Highlights NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(8.9)M, $15.7M, $17.9M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2024, compared to Net Income, FFO, Core FFO, and AFFO of $33.7M, $14.5M, $18.1M and $20.6M, respectively, attributable to common stockholders for the quarter ended September 30, 2023.NXRT
10/29/24 8:16:00 AM ET
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NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%
DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT 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. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol
10/29/24 8:15:00 AM ET
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NexPoint Residential Q1 2024 FFO $0.75 Beats $0.68 Estimate, Sales $67.600 Miss $66.579M Estimate

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Recent Analyst Ratings for
$NXRT

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Leadership Updates

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NexPoint Residential Trust Announces Appointment of Independent Director

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NexPoint Residential upgraded by Raymond James with a new price target

NexPoint Residential upgraded by Raymond James

NexPoint Residential downgraded by Raymond James

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UDF IV Board Silent on Critical Shareholder Concerns Raised by NexPoint

NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2024 Investor Conference

NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud

Forecasting The Future: 4 Analyst Projections For NexPoint Residential

Truist Securities Maintains Hold on NexPoint Residential, Raises Price Target to $37

This Cleveland-Cliffs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

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Large Ownership Changes

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SEC Form SC 13G/A filed by NexPoint Residential Trust Inc. (Amendment)

SEC Form SC 13G/A filed by NexPoint Residential Trust Inc. (Amendment)

SEC Form SC 13D/A filed by NexPoint Residential Trust Inc. (Amendment)

$NXRT
SEC Filings

NexPoint Residential Trust Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

SEC Form 10-Q filed by NexPoint Residential Trust Inc.

NexPoint Residential Trust Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

$NXRT
Financials

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NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2024 RESULTS

NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%

$NXRT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Officer Mitts Brian sold $78,801 worth of shares (2,000 units at $39.40), decreasing direct ownership by 3% to 65,696 units (SEC Form 4)

Dondero James D converted options into 6,779 shares, increasing direct ownership by 1% to 459,199 units (SEC Form 4)

Mcgraner Matt converted options into 8,647 shares and covered exercise/tax liability with 3,982 shares, increasing direct ownership by 2% to 246,812 units (SEC Form 4)

NexPoint Residential Q1 2024 FFO $0.75 Beats $0.68 Estimate, Sales $67.600 Miss $66.579M Estimate

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Recent Analyst Ratings for $NXRT

$NXRT Leadership Updates

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NexPoint Residential Trust Announces Appointment of Independent Director

$NXRT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

NexPoint Residential upgraded by Raymond James with a new price target

NexPoint Residential upgraded by Raymond James

NexPoint Residential downgraded by Raymond James

$NXRT Press Releases

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$NXRT Market Insights

Live Market Insights

UDF IV Board Silent on Critical Shareholder Concerns Raised by NexPoint

NexPoint Residential Trust, Inc. to Participate at Nareit's REITworld: 2024 Investor Conference

NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud

Forecasting The Future: 4 Analyst Projections For NexPoint Residential

Truist Securities Maintains Hold on NexPoint Residential, Raises Price Target to $37

This Cleveland-Cliffs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

$NXRT Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by NexPoint Residential Trust Inc. (Amendment)

SEC Form SC 13G/A filed by NexPoint Residential Trust Inc. (Amendment)

SEC Form SC 13D/A filed by NexPoint Residential Trust Inc. (Amendment)

$NXRT SEC Filings

NexPoint Residential Trust Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

SEC Form 10-Q filed by NexPoint Residential Trust Inc.

NexPoint Residential Trust Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

$NXRT Financials

Live finance-specific insights

NexPoint Raises Concerns About UDF IV Board Allowing Millions in Management Fees to Enrich Former UDF Executives Imprisoned for Fraud

NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER 2024 RESULTS

NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%

$NXRT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Officer Mitts Brian sold $78,801 worth of shares (2,000 units at $39.40), decreasing direct ownership by 3% to 65,696 units (SEC Form 4)

Dondero James D converted options into 6,779 shares, increasing direct ownership by 1% to 459,199 units (SEC Form 4)

Mcgraner Matt converted options into 8,647 shares and covered exercise/tax liability with 3,982 shares, increasing direct ownership by 2% to 246,812 units (SEC Form 4)

Recent Analyst Ratings for
$NXRT

$NXRT
Leadership Updates

$NXRT
Analyst Ratings

$NXRT
Press Releases

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Market Insights

$NXRT
Large Ownership Changes

$NXRT
SEC Filings

$NXRT
Financials

$NXRT
Insider Trading