NexPoint Residential Trust, Inc. (NYSE: NXRT) reported its third‑quarter 2025 financial results, posting a net loss of $7.8 million for the quarter ended September 30, 2025, while generating $15.9 million in funds from operations (FFO) and $17.7 million in core FFO, translating to diluted FFO and core FFO per share of $0.63 and $0.70, respectively.
Adjusted operating income (AFFO) for the quarter was $20.2 million, or $0.80 per diluted share. Coverage ratios stood at 1.23× for FFO, 1.37× for core FFO, and 1.56× for AFFO, with a dividend coverage ratio of 1.37× based on core FFO.
The company announced a new quarterly dividend of $0.53 per share, a 3.9% increase over the prior quarter’s $0.51 dividend. The $0.53 dividend is the highest paid since the trust’s inception. The dividend was approved on October 27, 2025, with a record date of December 15, 2025 and payment on December 31, 2025.
For the nine‑month period ended September 30, 2025, NexPoint reported a net loss of $21.7 million, FFO of $50.2 million ($1.96 per diluted share), core FFO of $54.8 million ($2.14 per diluted share), and AFFO of $62.1 million ($2.43 per diluted share). Total revenue for the quarter was $62.8 million.
The trust reaffirmed its full‑year 2025 guidance, projecting a net loss per diluted share of approximately $1.31 and core FFO per diluted share of $2.75, with full‑year FFO expected at $3.14 per share.
Management highlighted ongoing value‑add renovations and debt‑refinancing initiatives, including a $200 million revolving credit facility entered into on July 11, 2025, which extends maturities and reduces interest exposure. Portfolio occupancy stood at 93.6% with an average effective rent of $1,497 per unit as of September 30, 2025.
NexPoint will host a conference call on Tuesday, October 28, 2025, at 11:00 a.m. ET to discuss the results and reaffirm guidance.
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