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Nexpoint Residential Trust Inc   (NXRT)
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Price: $29.9500 $0.07 0.234%
Day's High: $30.15 Week Perf: -2.54 %
Day's Low: $ 29.36 30 Day Perf: 0.23 %
Volume (M): 347 52 Wk High: $ 49.87
Volume (M$): $ 10,402 52 Wk Avg: $36.62
Open: $29.57 52 Wk Low: $26.21



 Market Capitalization (Millions $) 788
 Shares Outstanding (Millions) 26
 Employees 113
 Revenues (TTM) (Millions $) 278
 Net Income (TTM) (Millions $) 30
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) 77

Nexpoint Residential Trust Inc
Nexpoint Residential Trust Inc (NXRT) is a publicly-traded real estate investment trust (REIT) that specializes in acquiring, owning, and managing multifamily properties in select US markets. The company was founded in 2014 and is headquartered in Dallas, Texas. It operates with a focus on providing high-quality rental housing solutions for middle-income families and individuals.

The company's portfolio consists of over 40 multifamily properties with approximately 14,000 apartment units located in various states, including Texas, Florida, and Georgia. The properties are generally located in high-growth markets with strong economic fundamentals, such as job growth, population growth, and vibrant local economies.

Nexpoint Residential Trust focuses on providing value-added investments that offer attractive returns to investors while fulfilling its vision of improving the overall rental experience for tenants. To achieve this, the company employs a hands-on asset management approach that focuses on enhancing property performance, increasing occupancy rates, and maximizing rental income.

The company has a diverse tenant base, ranging from young professionals to families and retirees. Most of the properties offer a variety of amenities, such as fitness centers, swimming pools, clubhouses, and business centers. The company also prioritizes sustainable living, and most of the properties have energy-efficient features and utilize renewable energy sources.

Nexpoint Residential Trust is managed by NexPoint Real Estate Advisors, L.P., which is a wholly-owned subsidiary of Highland Capital Management, L.P. Highland Capital Management is one of the largest alternative investment managers in the world.

Overall, Nexpoint Residential Trust Inc is a reputable company that has established a successful track record in the multifamily real estate market. It offers investors attractive investment opportunities while providing quality rental housing solutions to middle-income tenants in vibrant US markets.


   Company Address: 300 Crescent Court Dallas 75201 TX
   Company Phone Number: 276-6300   Stock Exchange / Ticker: NYSE NXRT
   


   

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Nexpoint Residential Trust Inc

Nexpoint Residential Trust Inc's Astounding 2.626% Surge Leaves Markets Awe-Struck in Latest Fiscal Period



Nexpoint Residential Trust Inc (NXRT) has announced its financial results for the July to September 30, 2023 interval, demonstrating significant improvement in key financial indicators. The company has successfully turned its income around, reporting positive Income per Share of $1.28 compared to a loss per share in the previous year. Additionally, NXRT has achieved net profit per share growth and witnessed a moderate increase in revenue. These positive outcomes are expected to shape the company's future prospects within the Real Estate Investment Trusts (REITs) industry.
Financial Results:
In Q3 2023, NXRT posted an impressive turnaround in income, with an increase in Income per Share from $-0.02 to $1.28, showcasing the company's strong financial performance compared to the same period a year ago. The net profit per share also improved, moving from a loss of $-0.15 to achieve a positive outcome. These outcomes indicate improved profitability and a more stable financial position for NXRT.

Nexpoint Residential Trust Inc

NexPoint Residential Trust Inc. Faces Deficit despite Revenue Surge for Q2 in 2023, Struggling to Outpace Industry Rivals



Nexpoint Residential Trust Inc (NXRT) recently released its financial results for the second quarter of 2023. While the company recorded improvements in certain areas, such as reduced net loss and increased operating earnings, its top-line growth fell behind industry peers. In this article, we will examine the facts and speculate on the potential impact these results could have on the company's future.
1. Decline in Net Loss and Growth in Operating Earnings:
During Q2 2023, NXRT reported a net loss of $-3.968 million, a significant improvement over the $-7.827 million deficit recorded in the same period a year ago. This reduction in net loss is a positive sign, indicating a potential path towards profitability. Additionally, operating earnings increased by an impressive 139.27% to $10.047 million, reflecting improved operational efficiency.






 

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