NexPoint Cuts 2026 Core FFO Midpoint to $2.22 Per Share

NexPoint Residential Trust Inc. lowered its 2026 Core funds from operations (Core FFO) outlook after third-quarter same-store net operating income (NOI) fell 8.2% year over year. The trust released its results Tuesday, Nov. 3, for the quarter ended Sept. 30. NexPoint now projects full-year Core FFO of $2.17 to $2.27 per diluted share, putting the midpoint at $2.22. Its previous midpoint was $2.45. The company also moved its same-store NOI outlook to a decline of 3.6% to 5.1%, with a 4.3% decline at the midpoint. Its earlier midpoint forecast called for a 1% decrease.

Source: TokenPost