NexPoint Residential Trust Reports Third Quarter 2026 Financial Results
NexPoint Residential Trust, Inc. (NYSE:NXRT) has released its financial results for the third quarter ended September 30, 2026, reporting a net loss of $11.5 million, or $0.45 per diluted share. This represents an increase in net loss compared to the $7.8 million loss reported in the same period last year. Key performance metrics including FFO2 ($11.7M), Core FFO2 ($13.4M), and AFFO2 ($16.2M) also saw declines relative to Q3 2025 figures. Operational data for same-store properties showed a 70 basis point decrease in occupancy and an 8.2% decline in Net Operating Income (NOI) compared to the prior year. Despite these headwinds, the company continues its unit upgrade program, reporting a 21.1% ROI on recent upgrades. The portfolio currently consists of 13,305 units with a physical occupancy rate of 92.8% and an average effective monthly rent of $1,489.
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Topics: earnings report FFO net loss NOI guidance real estate