Free Trial

NexPoint Residential Trust (NXRT) Stock Forecast & Price Target

NexPoint Residential Trust logo
$45.77 -0.35 (-0.76%)
(As of 11/20/2024 ET)

NexPoint Residential Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
3

Based on 6 Wall Street analysts who have issued ratings for NexPoint Residential Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, and 3 have given a buy rating for NXRT.

Consensus Price Target

$46.83
2.32% Upside
According to the 6 analysts' twelve-month price targets for NexPoint Residential Trust, the average price target is $46.83. The highest price target for NXRT is $55.00, while the lowest price target for NXRT is $36.00. The average price target represents a forecasted upside of 2.32% from the current price of $45.77.
Get the Latest News and Ratings for NXRT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for NexPoint Residential Trust and its competitors.

Sign Up

NXRT Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$46.83$46.83$43.20$50.33
Forecasted Upside2.32% Upside6.17% Upside-5.39% Downside63.53% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold

NXRT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

NXRT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

NexPoint Residential Trust Stock vs. The Competition

TypeNexPoint Residential TrustFinance CompaniesS&P 500
Consensus Rating Score
2.50
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside2.32% Upside12.90% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent NXRT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/21/2024Raymond James
4 of 5 stars
B. Horne
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeMarket Perform ➝ Outperform$50.00+11.91%
9/10/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Boost TargetHold ➝ Hold$38.00 ➝ $44.00-2.83%
8/27/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$37.00 ➝ $46.00+0.17%
8/2/2024JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Outperform ➝ Market Outperform$40.00 ➝ $50.00+12.36%
7/31/2024Compass Point
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$45.00 ➝ $55.00+25.63%
12/20/2023Janney Montgomery Scott
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$36.00+3.60%
1/9/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral$47.00+10.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:39 AM ET.


NXRT Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for NexPoint Residential Trust is $46.83, with a high forecast of $55.00 and a low forecast of $36.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NexPoint Residential Trust in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NXRT shares.

According to analysts, NexPoint Residential Trust's stock has a predicted upside of 2.32% based on their 12-month stock forecasts.

Over the previous 90 days, NexPoint Residential Trust's stock had 1 upgrade by analysts.

NexPoint Residential Trust has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Raymond James, and Truist Financial in the past 90 days.

Analysts like NexPoint Residential Trust more than other "finance" companies. The consensus rating for NexPoint Residential Trust is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how NXRT compares to other companies.


This page (NYSE:NXRT) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners