NexPoint Residential Trust, Inc. (NXRT)
NYSE: NXRT · Real-Time Price · USD
42.52
+0.88 (2.11%)
Dec 20, 2024, 4:00 PM EST - Market closed
NXRT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for NXRT stock have an average target of 49, with a low estimate of 44 and a high estimate of 55. The average target predicts an increase of 15.24% from the current stock price of 42.52.
Analyst Consensus: Buy
* Price targets were last updated on Oct 21, 2024.
Analyst Ratings
The average analyst rating for NXRT stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold → Buy Upgrades $50 | Hold → Buy | Upgrades | $50 | +17.59% | Oct 21, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $38 → $44 | Hold | Maintains | $38 → $44 | +3.48% | Sep 10, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $37 → $46 | Hold | Maintains | $37 → $46 | +8.18% | Aug 27, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $40 → $50 | Buy | Maintains | $40 → $50 | +17.59% | Aug 2, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $45 → $55 | Strong Buy | Maintains | $45 → $55 | +29.35% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
265.31M
Revenue Next Year
266.73M
from 265.31M
Increased by 0.54%
EPS This Year
0.90
from 1.69
Decreased by -46.65%
EPS Next Year
-1.02
from 0.90
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 276.8M | 280.8M | 295.2M | |||
| Avg | 265.3M | 266.7M | 279.9M | |||
| Low | 248.0M | 246.3M | 260.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 5.8% | 10.7% | |||
| Avg | - | 0.5% | 4.9% | |||
| Low | - | -7.2% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.99 | -0.80 | -0.74 |
| Avg | 0.90 | -1.02 | -0.84 |
| Low | 0.75 | -1.15 | -0.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -41.6% | - | - |
| Avg | -46.6% | - | - |
| Low | -55.3% | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.