NexPoint Residential Trust, Inc.
Business
NexPoint Residential Trust, Inc. is a REIT focused on acquiring and operating value-add multifamily properties primarily in the Southeastern and Southwestern United States. The company owns properties representing thousands of apartment units across multiple states, leased to generate rental income. NexPoint implements a value-add strategy involving exterior, common-area, and interior renovations to drive rent growth and long-term capital appreciation. The company is externally managed by an adviser and uses leverage on acquisitions, with a strategy to reduce leverage over time through property value appreciation and refinancing.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Rental income | 244 | 252 | 270 | 258 | 214 | |
| Other income | 8 | 8 | 7 | 6 | 6 | |
| Total revenues | 251 | 260 | 278 | 264 | 219 | |
| Property operating expenses | 54 | 57 | 58 | 58 | 48 | |
| Real estate taxes and insurance | 32 | 33 | 37 | 37 | 33 | |
| Property management fees | 7 | 7 | 8 | 8 | 6 | |
| Advisory and administrative fees | 7 | 7 | 8 | 8 | 8 | |
| Corporate general and administrative expenses | 18 | 19 | 17 | 15 | 12 | |
| Property general and administrative expenses | 9 | 9 | 10 | 9 | 7 | |
| Depreciation and amortization | 96 | 98 | 95 | 98 | 87 | |
| Total expenses | 223 | 230 | 232 | 232 | 201 | |
| Operating income before gain on sales of real estate | 28 | 29 | 45 | 32 | 18 | |
| Gain on sales of real estate | — | 54 | 68 | 15 | 46 | |
| Operating income | 28 | 84 | 113 | 46 | 64 | |
| Interest expense | −61 | −58 | −67 | −51 | −45 | |
| Loss on extinguishment of debt and modification costs | — | −24 | −2 | — | — | |
| Casualty loss | −167,000 | −626,000 | −856,000 | 3 | 3 | |
| Gain on forfeited deposits | — | 0 | 250,000 | 0 | — | |
| Equity in earnings of affiliate | 257,000 | 172,000 | 205,000 | 0 | — | |
| Miscellaneous income | 559,000 | 489,000 | 1 | 1 | 2 | |
| Net income (loss) | −32 | 1 | 44 | −9 | 23 | |
| Net income (loss) attributable to redeemable noncontrolling interests in the OP | −127,000 | 4,000 | 169,000 | −31,000 | 69,000 | |
| Net income (loss) attributable to common stockholders | −32 | 1 | 44 | −9 | 23 | |
| Unrealized losses on interest rate derivatives | −29 | −29 | −32 | 100 | 47 | |
| Total comprehensive income (loss) | −61 | −28 | 12 | 91 | 70 | |
| Comprehensive income (loss) attributable to redeemable noncontrolling interests in the OP | −240,000 | −111,000 | 46,000 | 307,000 | 210,000 | |
| Comprehensive income (loss) attributable to common stockholders | −61 | −28 | 12 | 90 | 70 | |
| Weighted average common shares outstanding - basic | 25 | 26 | 26 | 26 | 25 | |
| Weighted average common shares outstanding - diluted | 25 | 26 | 26 | 26 | 26 | |
| Earnings (loss) per share - basic | −1.26 | 0.04 | 1.73 | −0.36 | 0.92 | |
| Earnings (loss) per share - diluted | −1.26 | 0.04 | 1.69 | −0.36 | 0.89 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Land | 372 | 360 | 360 | 378 | 376 | |
| Buildings and improvements | 1,812 | 1,739 | 1,720 | 1,761 | 1,744 | |
| Intangible lease assets | 1 | — | — | — | 3 | |
| Construction in progress | 9 | 1 | 8 | 11 | 6 | |
| Furniture, fixtures, and equipment | 225 | 202 | 180 | 153 | 120 | |
| Total Gross Operating Real Estate Investments | 2,418 | 2,302 | 2,268 | 2,302 | 2,249 | |
| Accumulated depreciation and amortization | −604 | −509 | −411 | −349 | −287 | |
| Total Net Real Estate Investments | 1,814 | 1,793 | 1,857 | 1,953 | 1,962 | |
| Cash and cash equivalents | 14 | 23 | 12 | 17 | 49 | |
| Restricted cash | 31 | 31 | 33 | 35 | 39 | |
| Accounts receivable, net | 9 | 12 | 15 | 17 | 5 | |
| Prepaid and other assets | 5 | 6 | 9 | 10 | 5 | |
| Fair value of interest rate swaps | 13 | 42 | 71 | 103 | 4 | |
| TOTAL ASSETS | 1,886 | 1,907 | 2,108 | 2,225 | 2,063 | |
| Mortgages payable, net | 1,469 | 1,464 | 1,454 | 1,527 | 1,276 | |
| Credit facility, net | 88 | 0 | 23 | 73 | 278 | |
| Accounts payable and other accrued liabilities | 12 | 11 | 17 | 12 | 13 | |
| Accrued real estate taxes payable | 5 | 4 | 11 | 7 | 13 | |
| Accrued interest payable | 7 | 8 | 9 | 8 | 2 | |
| Security deposit liability | 3 | 3 | 3 | 3 | 3 | |
| Prepaid rents | 1 | 1 | 2 | 2 | 2 | |
| Fair value of interest rate swaps | 475,000 | — | — | — | — | |
| Total Liabilities | 1,586 | 1,491 | 1,608 | 1,700 | 1,587 | |
| Redeemable noncontrolling interests in the OP | 5 | 6 | 5 | 6 | 6 | |
| Preferred stock, $0.01 par value: 100,000,000 shares authorized; 0 shares issued | — | — | 0 | — | — | |
| Common stock, $0.01 par value: 500,000,000 shares authorized; 25,364,470 and 25,403,537 shares issued and outstanding, respectively | 254,000 | 254,000 | 256,000 | 255,000 | 255,000 | |
| Additional paid-in capital | 407 | 407 | 413 | 405 | 408 | |
| Accumulated loss less dividends | −123 | −38 | 11 | 12 | 59 | |
| Accumulated other comprehensive income | 12 | 41 | 70 | 102 | 3 | |
| Total Stockholders' Equity | 295 | 410 | 495 | 520 | 470 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 1,886 | 1,907 | 2,108 | 2,225 | 2,063 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization/write-off of deferred financing costs and debt prepayment penalties | 6 | 27 | 5 | — | — | |
| Change in fair value on derivative instruments included in interest expense | −28 | −49 | −46 | −10 | 15 | |
| Net cash received on derivative settlements | 31 | 53 | 50 | 2 | −15 | |
| Amortization/write-off of fair market value adjustment of assumed debt | −106,000 | −106,000 | −108,000 | −194,000 | −203,000 | |
| Provision for bad debts, net | 2 | 4 | 9 | 8 | 4 | |
| Vesting of stock-based compensation | 10 | 11 | 9 | 8 | 7 | |
| Insurance proceeds received for business interruption | 982,000 | 803,000 | 936,000 | 681,000 | 1 | |
| Casualty loss (gain) | −407,000 | 896,000 | −3 | −2 | −5 | |
| Accounts receivable | −646,000 | −4 | −8 | −11 | −3 | |
| Prepaid and other assets | 234,000 | −808,000 | −15,000 | −666,000 | −433,000 | |
| Operating liabilities | −1 | −7 | 5 | 4 | 2 | |
| Real estate taxes payable | 991,000 | −7 | 4 | −6 | 360,000 | |
| Net cash provided by operating activities | 84 | 74 | 97 | 79 | 73 | |
| Net proceeds from sales of real estate | — | 166 | 118 | 36 | 90 | |
| Forfeited deposits | — | — | 250,000 | — | — | |
| Net insurance proceeds received from casualty losses | 147,000 | 2 | 5 | 6 | 9 | |
| Additions to real estate investments | −43 | −37 | −71 | −62 | −43 | |
| Acquisitions of real estate investments | −73 | — | 415,000 | −141 | −290 | |
| Net cash provided by (used in) investing activities | −116 | 131 | 52 | −162 | −236 | |
| Mortgage proceeds received | — | 1,434 | 43 | 886 | 155 | |
| Mortgage payments | — | −1,517 | −99 | −560 | −42 | |
| Credit facilities proceeds received | 90 | — | — | 55 | 340 | |
| Credit facilities payments | — | −24 | −51 | −261 | −243 | |
| Deferred financing costs received (paid) | −2 | −5 | 1 | −13 | −3 | |
| Interest rate cap fees paid | — | −2 | −592,000 | −4 | −372,000 | |
| Prepayment penalties on extinguished debt | — | −15 | −2 | −6 | −407,000 | |
| Payments for taxes related to net share settlement of stock-based compensation | −2 | −2 | −2 | −3 | −1 | |
| Cash settlement of stock-based compensation | −519,000 | — | — | — | — | |
| Redemption of redeemable noncontrolling interests in the OP | — | — | −70,000 | — | — | |
| Repurchase of common stock | −8 | −15 | — | −11 | — | |
| Dividends paid to common stockholders | −54 | −49 | −45 | −41 | −36 | |
| Distributions to redeemable noncontrolling interest in the OP | −211,000 | −196,000 | −184,000 | −519,000 | — | |
| Net cash provided by (used in) financing activities | 23 | −196 | −155 | 46 | 194 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | −9 | 9 | −7 | −37 | 32 | |
| Interest paid | 83 | 106 | 109 | 53 | 27 | |
| Issuance of operating partnership units for purchase of noncontrolling interests | — | — | 415,000 | 2 | — | |
| Capitalized construction costs included in accounts payable and other accrued liabilities | 3 | 3 | 6 | 5 | 3 | |
| Change in fair value on derivative instruments designated as hedges | −29 | −29 | −32 | 100 | 47 | |
| Liabilities assumed from acquisitions | 218,000 | — | — | 358,000 | 571,000 | |
| Increase in dividends payable upon vesting of restricted stock units | 230,000 | 486,000 | 377,000 | 170,000 | 439,000 | |
| Write-off of assets due to casualty losses | — | 1 | 2 | 7 | 2 | |
| Write-off of deferred financing costs | — | 8 | 483,000 | 2 | 503,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NexPoint Residential Trust, Inc.'s CIK number?
NexPoint Residential Trust, Inc.'s SEC CIK number is 0001620393 (1620393). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NexPoint Residential Trust, Inc.'s SEC filings?
All of NexPoint Residential Trust, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NexPoint Residential Trust, Inc. last report earnings?
NexPoint Residential Trust, Inc. (NXRT) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-183645). This is NexPoint Residential Trust, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NexPoint Residential Trust, Inc.'s most recent earnings 8-K?
NexPoint Residential Trust, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001193125-26-183645. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NexPoint Residential Trust, Inc.'s latest earnings 8-K →
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