NXRT News and Press, NexPoint Residential Trust Inc. From 10/27/20

NexPoint Residential Trust (NXRT) declares $0.3413/share quarterly dividend, 9.2% increase from prior dividend of $0.3125.Forward yield 3.09%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NXRT Dividend Scorecard, Yield Chart, & Dividend Growth. For further detai...

U.S. equity markets were mixed this week as better-than-expected economic data and strong corporate earnings results were offset by continued coronavirus concerns and frustration over the ongoing stimulus stalemate. Snapping a three-week winning streak, the S&P 500 ended the ...

Who paid the rent? Real estate earnings season kicks off this week with more than 200 REITs and housing industry companies reporting earnings over the next month. Rent collection - a metric that was rarely reported in the pre-COVID-19 era - has become the most critical statistic track...

There are plenty of bargains in the housing REIT, but one REIT stands out for their record. In a bad way. The sector currently offers high yields in the form of dividends and in AFFO. Payout ratios are very reasonable for the vast majority of the sector. APTS isn't like the other ...

NexPoint Residential Trust, Inc. Announces Third Quarter 2020 Earnings Call PR Newswire DALLAS, Oct. 9, 2020 DALLAS , Oct. 9, 2020 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is sche...

Book value is not the same as Net Asset Value for equity REITs in the United States. Apartment REITs still trade at substantial discounts to Net Asset Value. In the Great Recession, we saw apartment REITs drop to staggering discounts, followed by a moderate reduction in NAV estimates....

We're still seeing great bargains throughout the apartment REIT subsector. The sector has significant discounts to NAV, which are more enough to compensate for the headwinds facing apartments in the near term. The market-implied cap rates show investors are not giving apartment RE...

Looking for significant dividend yields with healthy coverage? Try the apartment REITs (well, most of them). Think an apartment building is better than an apartment REIT? Only if you want to pay more to buy it, more to finance it, and have more headaches managing it. We're bullish...

Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV. There are significant headwinds in those markets, but they won't last forever. There are two main dividend cutters in the section: BRG and...

It's too soon to call the bottom in rent growth, Baird says, assuming coverage of the Apartment REIT sector at Market Weight. The firm doesn't subscribe to the narrative of a permanent pandemic shift away from cities or apartment living, it says, but the sector will face "demographic and sup...