Added to YB: 2025-09-01
Pitch date: 2025-08-29
NXRT [bullish]
NexPoint Residential Trust, Inc.
-8.73%
current return
Author Info
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Company Info
NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust. With its common stock listed on the New York Stock Exchange and 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.
Market Cap
$758.1M
Pitch Price
$32.33
Price Target
N/A
Dividend
7.13%
EV/EBITDA
18.53
P/E
-23.60
EV/Sales
9.13
Sector
Residential REITs
Category
turnaround
NexPoint Residental Trust (NXRT)
NXRT: Externally-managed multifamily REIT, 75% NOI from sunbelt markets (Phoenix, Orlando, Tampa, Dallas, Atlanta). 100% floating rate debt = pure play on rate cuts. Swaps expire 9/26, causing temp FFO hit (-$0.72) but rate cuts offset. 2027 FFO est $2.18 (15.5x P/FFO vs peers). Mgmt waived $21M+ fees 2yrs, owns $108M stock. 6% yield, buybacks at $34. Renovation ROI 26%. Risky but positioned for rate cut + housing speculation upside.
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