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DALLAS - NexPoint Residential Trust, Inc. (NYSE:NXRT) announced Tuesday that its board of directors has unanimously approved a quarterly dividend of $0.51 per share of common stock.
The dividend will be paid on September 30, 2025, to stockholders of record as of September 15, 2025, according to a company press release.
NexPoint Residential Trust operates as a publicly traded real estate investment trust that focuses on acquiring and managing middle-income multifamily properties with potential for value enhancement. The company primarily targets properties in the Southeastern and Southwestern United States. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 3.96, though it faces near-term profitability challenges.
The REIT’s shares are listed on the New York Stock Exchange under the ticker symbol "NXRT." Based on InvestingPro’s Fair Value analysis, the stock appears slightly undervalued, despite experiencing a year-to-date decline of about 19%.
In other recent news, NexPoint Residential Trust reported its first-quarter 2025 earnings, showing a net loss of $6.9 million, or $0.27 per diluted share, which was slightly better than the anticipated loss of $0.30 per share. Revenues for the quarter were $63.2 million, just below the forecast of $63.35 million. Despite the revenue shortfall, the company exceeded expectations for core funds from operations (FFO), reporting $0.75 per share against a forecast of $0.63 by Citizens and a consensus estimate of $0.65. This strong performance led NexPoint to raise its full-year 2025 core FFO guidance from $1.70 to $1.75 per share. However, Citizens JMP downgraded NexPoint’s stock rating from Market Outperform to Market Perform due to concerns about the company’s balance sheet risk. Truist Securities also adjusted its outlook on NexPoint, cutting the price target from $42 to $38, while maintaining a Hold rating. The board of directors recently rejected the resignation of Chairman and President James Dondero, who had offered to step down after receiving more votes "withheld" than "for" at the company’s 2025 annual meeting. These developments highlight ongoing financial and governance challenges for NexPoint Residential Trust.
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