NexPoint Residential Trust, Inc. (NXRT)
NYSE: NXRT · IEX Real-Time Price · USD
39.41
+0.15 (0.38%)
Jul 2, 2024, 4:00 PM EDT - Market closed
NXRT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for NXRT stock have an average target of 38.33, with a low estimate of 37 and a high estimate of 40. The average target predicts a decrease of -2.74% from the current stock price of 39.41.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NXRT stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $34 → $37 | Hold | Maintains | $34 → $37 | -6.12% | Jun 24, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $38 | Strong Buy → Hold | Downgrades | $38 | -3.58% | Jun 11, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $35 → $34 | Hold | Maintains | $35 → $34 | -13.73% | May 29, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $37 → $35 | Hold | Maintains | $37 → $35 | -11.19% | Apr 9, 2024 |
| Raymond James | Raymond James | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Mar 18, 2024 |
Financial Forecast
Revenue This Year
267.27M
from 277.53M
Decreased by -3.70%
Revenue Next Year
268.78M
from 267.27M
Increased by 0.56%
EPS This Year
0.43
from 1.69
Decreased by -74.53%
EPS Next Year
-1.15
from 0.43
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 283.7M | 287.4M | 291.4M | 309.6M | 320.2M |
| Avg | 267.3M | 268.8M | 281.2M | 300.8M | 311.0M |
| Low | 251.4M | 253.8M | 268.5M | 289.0M | 298.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2% | 7.5% | 8.4% | 10.1% | 6.4% |
| Avg | -3.7% | 0.6% | 4.6% | 7.0% | 3.4% |
| Low | -9.4% | -5.0% | -0.1% | 2.8% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.80 | -1.05 | -0.90 |
| Avg | 0.43 | -1.15 | -0.93 |
| Low | 0.18 | -1.18 | -0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -52.8% | - | - |
| Avg | -74.5% | - | - |
| Low | -89.6% | - | - |
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.