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NexPoint Residential
(NYSE:NXRT)NexPoint Residential Stock (NYSE:NXRT), Analyst Ratings, Price Targets, Predictions
NexPoint Residential Trust Inc has a consensus price target of $31, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Raymond James, and JMP Securities on April 9, 2024, March 18, 2024, and March 6, 2024. With an average price target of $25 between Truist Securities, Raymond James, and JMP Securities, there's an implied -25.22% downside for NexPoint Residential Trust Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Raymond James
JMP Securities
Janney Montgomery Scott
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for NexPoint Residential
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | NXRT | Buy Now | NexPoint Residential | $33.43 | 4.7% | Truist Securities | Michael Lewis | $37 → $35 | Maintains | Hold | Get Alert |
| 03/18/2024 | NXRT | Buy Now | NexPoint Residential | $33.43 | — | Raymond James | Buck Horne | — | Downgrade | Market Perform → Underperform | Get Alert |
| 03/06/2024 | NXRT | Buy Now | NexPoint Residential | $33.43 | 19.65% | JMP Securities | Aaron Hecht | → $40 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 12/18/2023 | NXRT | Buy Now | NexPoint Residential | $33.43 | 19.65% | Truist Securities | Michael Lewis | $43 → $40 | Maintains | Hold | Get Alert |
| 07/26/2023 | NXRT | Buy Now | NexPoint Residential | $33.43 | 64.52% | JMP Securities | Aaron Hecht | $70 → $55 | Maintains | Market Outperform | Get Alert |
| 05/09/2023 | NXRT | Buy Now | NexPoint Residential | $33.43 | 43.58% | Truist Securities | Michael Lewis | $49 → $48 | Maintains | Hold | Get Alert |
| 04/26/2023 | NXRT | Buy Now | NexPoint Residential | $33.43 | 109.39% | JMP Securities | Aaron Hecht | → $70 | Reiterates | → Market Outperform | Get Alert |
| 11/29/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 43.58% | Truist Securities | Michael Lewis | $66 → $48 | Maintains | Hold | Get Alert |
| 09/20/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 109.39% | JMP Securities | Aaron Hecht | → $70 | Initiates | → Market Outperform | Get Alert |
| 08/12/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | — | Janney Montgomery Scott | Robert Stevenson | — | Upgrade | Neutral → Buy | Get Alert |
| 08/04/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | — | Raymond James | Buck Horne | — | Downgrade | Outperform → Market Perform | Get Alert |
| 06/30/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 109.39% | Jefferies | Jonathan Petersen | $88 → $70 | Maintains | Buy | Get Alert |
| 06/24/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 97.43% | Truist Securities | Michael Lewis | $90 → $66 | Maintains | Hold | Get Alert |
| 06/23/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 115.38% | Credit Suisse | Tayo Okusanya | → $72 | Initiates | → Outperform | Get Alert |
| 05/27/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 157.25% | Raymond James | Buck Horne | $88 → $86 | Maintains | Outperform | Get Alert |
| 05/10/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 163.24% | Raymond James | Buck Horne | $95 → $88 | Maintains | Outperform | Get Alert |
| 05/09/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | — | BTIG | Michael Gorman | — | Initiates | → Neutral | Get Alert |
| 02/22/2022 | NXRT | Buy Now | NexPoint Residential | $33.43 | 184.18% | Raymond James | Buck Horne | $67 → $95 | Maintains | Outperform | Get Alert |
| 07/19/2021 | NXRT | Buy Now | NexPoint Residential | $33.43 | 100.42% | Raymond James | Buck Horne | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for NexPoint Residential (NXRT)?
The latest price target for NexPoint Residential (NYSE: NXRT) was reported by Truist Securities on April 9, 2024. The analyst firm set a price target for $35.00 expecting NXRT to rise to within 12 months (a possible 6.54% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for NexPoint Residential (NXRT)?
The latest analyst rating for NexPoint Residential (NYSE: NXRT) was provided by Truist Securities, and NexPoint Residential maintained their hold rating.
When was the last upgrade for NexPoint Residential (NXRT)?
The last upgrade for NexPoint Residential Trust Inc happened on August 12, 2022 when Janney Montgomery Scott raised their price target to N/A. Janney Montgomery Scott previously had a neutral for NexPoint Residential Trust Inc.
When was the last downgrade for NexPoint Residential (NXRT)?
The last downgrade for NexPoint Residential Trust Inc happened on March 18, 2024 when Raymond James changed their price target from N/A to N/A for NexPoint Residential Trust Inc.
When is the next analyst rating going to be posted or updated for NexPoint Residential (NXRT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NexPoint Residential, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NexPoint Residential was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating NexPoint Residential (NXRT) correct?
While ratings are subjective and will change, the latest NexPoint Residential (NXRT) rating was a maintained with a price target of $37.00 to $35.00. The current price NexPoint Residential (NXRT) is trading at is $32.85, which is out of the analyst’s predicted range.
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