NexPoint Residential Trust Lowers Full-Year 2026 Guidance

NexPoint Residential Trust lowered its full-year 2026 Core FFO guidance to $2.17–$2.27 per diluted share, with a $2.22 midpoint versus the prior $2.45 midpoint. It now expects same-store NOI to decline 3.6%–5.1%, a midpoint decline of 4.3%, compared with its previous forecast of a 1% decline. Management cited softer occupancy and rent trends and higher property and interest expenses.