NexPoint Residential Trust (NXRT) Stock Forecast, Price Target & Predictions
NXRT Stock Forecast
NexPoint Residential Trust stock forecast is as follows: an average price target of $44.67 (represents a -2.40% downside from NXRT’s last price of $45.77) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
NXRT Price Target
The average price target for NexPoint Residential Trust (NXRT) is $44.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $38.00. This represents a potential -2.40% downside from NXRT's last price of $45.77.
NXRT Analyst Ratings
According to 5 Wall Street analysts, NexPoint Residential Trust's rating consensus is 'Buy'. The analyst rating breakdown for NXRT stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
NexPoint Residential Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Buck Horne | Raymond James | $50.00 | $44.68 | 11.91% | 9.24% |
| Aug 26, 2024 | Michael Lewis | Truist Financial | $46.00 | $45.96 | 0.09% | 0.50% |
| Jun 24, 2024 | Michael Lewis | Truist Financial | $37.00 | $37.25 | -0.67% | -19.16% |
| Jun 10, 2024 | Omotayo Okusanya | Deutsche Bank | $38.00 | $37.54 | 1.23% | -16.98% |
| May 29, 2024 | Michael Lewis | Truist Financial | $34.00 | $36.28 | -6.28% | -25.72% |
| Nov 29, 2022 | - | Truist Financial | $48.00 | $46.23 | 3.82% | 4.87% |
| Apr 21, 2022 | Buck Horne | Raymond James | $95.00 | $91.29 | 4.06% | 107.56% |
The latest NexPoint Residential Trust stock forecast, released on Oct 21, 2024 by Buck Horne from Raymond James, set a price target of $50.00, which represents a 11.91% increase from the stock price at the time of the forecast ($44.68), and a 9.24% increase from NXRT last price ($45.77).
NexPoint Residential Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 5 |
| Avg Price Target | $50.00 | $48.00 | $41.00 |
| Last Closing Price | $45.77 | $45.77 | $45.77 |
| Upside/Downside | 9.24% | 4.87% | -10.42% |
In the current month, the average price target of NexPoint Residential Trust stock is $50.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.24% increase as opposed to NexPoint Residential Trust's last price of $45.77. This month's average price target is up 4.17% compared to last quarter, and up 21.95% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Raymond James | Market Perform | Outperform | Upgrade |
| Sep 10, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Aug 27, 2024 | JMP Securities | Underperform | Underperform | Hold |
| Aug 27, 2024 | Truist Financial | Market Outperform | Market Outperform | Hold |
| Aug 02, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 31, 2024 | Truist Financial | Buy | Buy | Hold |
| Jul 31, 2024 | Deutsche Bank | Underperform | Underperform | Hold |
| Jul 31, 2024 | Compass Point | Buy | Buy | Hold |
| Jun 24, 2024 | Deutsche Bank | Underperform | Underperform | Hold |
| Jun 24, 2024 | Truist Financial | Hold | Hold | Hold |
NexPoint Residential Trust's last stock rating was published by Raymond James on Oct 21, 2024. The company Upgrade its NXRT rating from "Market Perform" to "Outperform".
NexPoint Residential Trust Financial Forecast
NexPoint Residential Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $-6.07M | $69.84M | $67.81M | $69.23M | $69.35M | $68.05M | $65.77M | $60.79M | $58.50M | $56.38M | $52.56M | $51.80M | $50.55M | $50.99M | $50.68M | $52.58M | $49.68M | $46.83M |
| Avg Forecast | $70.78M | $71.05M | $69.88M | $68.68M | $66.27M | $66.29M | $65.75M | $65.29M | $64.87M | $64.29M | $64.85M | $66.74M | $68.41M | $70.39M | $70.09M | $69.52M | $67.03M | $67.32M | $63.89M | $60.42M | $57.30M | $55.44M | $53.34M | $52.18M | $50.74M | $51.39M | $51.15M | $52.70M | $49.10M | $43.85M |
| High Forecast | $72.00M | $72.27M | $71.09M | $69.86M | $67.42M | $67.43M | $66.89M | $67.21M | $66.32M | $64.38M | $64.85M | $66.74M | $69.39M | $72.25M | $71.30M | $70.72M | $68.19M | $67.32M | $63.89M | $60.42M | $57.30M | $55.44M | $53.34M | $52.18M | $50.74M | $51.39M | $51.15M | $52.70M | $49.10M | $43.85M |
| Low Forecast | $69.91M | $70.18M | $69.02M | $67.84M | $65.46M | $65.47M | $64.95M | $64.47M | $64.18M | $64.21M | $64.85M | $66.74M | $67.38M | $68.32M | $69.23M | $68.67M | $66.21M | $67.32M | $63.89M | $60.42M | $57.30M | $55.44M | $53.34M | $52.18M | $50.74M | $51.39M | $51.15M | $52.70M | $49.10M | $43.85M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.09% | 0.99% | 0.97% | 1.00% | 1.03% | 1.01% | 1.03% | 1.01% | 1.02% | 1.02% | 0.99% | 0.99% | 1.00% | 0.99% | 0.99% | 1.00% | 1.01% | 1.07% |
NexPoint Residential Trust's average Quarter revenue forecast for Mar 24 based on 4 analysts is $66.74M, with a low forecast of $66.74M, and a high forecast of $66.74M. NXRT's average Quarter revenue forecast represents a -1199.39% decrease compared to the company's last Quarter revenue of $-6.07M (Dec 23).
NexPoint Residential Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $24.25M | $34.49M | $34.24M | $36.80M | $36.68M | $36.39M | $29.89M | $29.56M | $70.75M | $23.44M | $22.97M | $20.28M | $22.37M | $53.94M | $19.80M | $62.87M | $21.27M | $147.07M |
| Avg Forecast | $52.97M | $53.17M | $52.29M | $51.39M | $49.59M | $49.60M | $49.20M | $48.86M | $48.54M | $48.11M | $48.53M | $42.33M | $51.19M | $52.68M | $52.45M | $38.48M | $66.20M | $33.58M | $31.87M | $34.99M | $28.58M | $27.65M | $26.61M | $22.31M | $25.31M | $25.63M | $25.51M | $35.38M | $24.49M | $21.87M |
| High Forecast | $53.88M | $54.08M | $53.19M | $52.28M | $50.45M | $50.46M | $50.05M | $50.29M | $49.63M | $48.18M | $48.53M | $50.80M | $51.93M | $54.07M | $53.36M | $46.18M | $79.45M | $33.58M | $31.87M | $41.98M | $28.58M | $27.65M | $26.61M | $26.77M | $25.31M | $25.63M | $25.51M | $42.46M | $24.49M | $21.87M |
| Low Forecast | $52.32M | $52.51M | $51.65M | $50.76M | $48.99M | $48.99M | $48.60M | $48.25M | $48.03M | $48.05M | $48.53M | $33.87M | $50.42M | $51.12M | $51.81M | $30.79M | $52.96M | $33.58M | $31.87M | $27.99M | $28.58M | $27.65M | $26.61M | $17.85M | $25.31M | $25.63M | $25.51M | $28.31M | $24.49M | $21.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.47% | 0.65% | 0.65% | 0.96% | 0.55% | 1.08% | 0.94% | 0.84% | 2.48% | 0.85% | 0.86% | 0.91% | 0.88% | 2.10% | 0.78% | 1.78% | 0.87% | 6.72% |
4 analysts predict NXRT's average Quarter EBITDA for Mar 24 to be $42.33M, with a high of $50.80M and a low of $33.87M. This is 74.60% upper than NexPoint Residential Trust's previous annual EBITDA (Dec 23) of $24.25M.
NexPoint Residential Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.42M | $33.75M | $-18.80M | $-4.16M | $-17.84M | $-12.36M | $-19.82M | $-14.98M | $31.34M | $-5.39M | $-3.41M | $-6.88M | $-4.20M | $29.55M | $-9.29M | $27.95M | $-13.27M | $118.75M |
| Avg Forecast | $-3.05M | $-3.56M | $-4.32M | $-5.08M | $-5.45M | $-6.06M | $-5.93M | $-6.08M | $-5.81M | $-6.85M | $-3.75M | $-7.36M | $12.64M | $-5.08M | $10.42M | $-6.69M | $36.23M | $9.80M | $-4.74M | $-6.08M | $-6.14M | $131.54K | $-6.71M | $-7.57M | $-5.26M | $-6.14M | $-10.39M | $15.73M | $-4.16M | $131.81M |
| High Forecast | $-3.00M | $-3.50M | $-4.25M | $-5.00M | $-5.36M | $-5.97M | $-5.83M | $-5.98M | $-5.71M | $-6.74M | $-3.69M | $-5.89M | $12.92M | $-4.32M | $10.65M | $-5.35M | $43.48M | $9.80M | $-4.74M | $-4.87M | $-6.14M | $131.54K | $-6.71M | $-6.05M | $-5.26M | $-6.14M | $-10.39M | $18.88M | $-4.16M | $131.81M |
| Low Forecast | $-3.12M | $-3.64M | $-4.42M | $-5.19M | $-5.57M | $-6.20M | $-6.06M | $-6.22M | $-5.94M | $-7.01M | $-3.83M | $-8.83M | $12.43M | $-5.59M | $10.25M | $-8.03M | $28.98M | $9.80M | $-4.74M | $-7.30M | $-6.14M | $131.54K | $-6.71M | $-9.08M | $-5.26M | $-6.14M | $-10.39M | $12.59M | $-4.16M | $131.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | -6.64% | -1.81% | 0.62% | -0.49% | -1.26% | 4.19% | 2.46% | -5.11% | -40.98% | 0.51% | 0.91% | 0.80% | -4.81% | 0.89% | 1.78% | 3.19% | 0.90% |
NexPoint Residential Trust's average Quarter net income forecast for Mar 24 is $-7.36M, with a range of $-8.83M to $-5.89M. NXRT's average Quarter net income forecast represents a -139.97% decrease compared to the company's last Quarter net income of $18.42M (Dec 23).
NexPoint Residential Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $5.78M | $8.90M | $8.58M | $7.28M | $7.49M | $7.68M | $7.59M | $7.09M | $6.51M | $6.73M | $6.39M | $6.29M | $4.96M | $6.27M | $6.33M | $29.45M | $29.03M | $22.87M |
| Avg Forecast | $8.03M | $8.06M | $7.93M | $7.79M | $7.52M | $7.52M | $7.46M | $7.41M | $7.36M | $7.30M | $7.36M | $11.21M | $7.76M | $7.99M | $7.95M | $10.19M | $6.10M | $7.94M | $7.53M | $9.27M | $6.76M | $6.54M | $6.29M | $6.92M | $5.98M | $6.06M | $6.03M | $16.58M | $5.79M | $5.17M |
| High Forecast | $8.17M | $8.20M | $8.07M | $7.93M | $7.65M | $7.65M | $7.59M | $7.63M | $7.53M | $7.31M | $7.36M | $13.45M | $7.88M | $8.20M | $8.09M | $12.23M | $7.32M | $7.94M | $7.53M | $11.12M | $6.76M | $6.54M | $6.29M | $8.31M | $5.98M | $6.06M | $6.03M | $19.89M | $5.79M | $5.17M |
| Low Forecast | $7.93M | $7.96M | $7.83M | $7.70M | $7.43M | $7.43M | $7.37M | $7.32M | $7.28M | $7.29M | $7.36M | $8.97M | $7.65M | $7.75M | $7.86M | $8.15M | $4.88M | $7.94M | $7.53M | $7.41M | $6.76M | $6.54M | $6.29M | $5.54M | $5.98M | $6.06M | $6.03M | $13.26M | $5.79M | $5.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.11% | 1.08% | 0.71% | 1.23% | 0.97% | 1.01% | 0.76% | 0.96% | 1.03% | 1.02% | 0.91% | 0.83% | 1.03% | 1.05% | 1.78% | 5.01% | 4.42% |
NexPoint Residential Trust's average Quarter SG&A projection for Mar 24 is $11.21M, based on 4 Wall Street analysts, with a range of $8.97M to $13.45M. The forecast indicates a 93.88% rise compared to NXRT last annual SG&A of $5.78M (Dec 23).
NexPoint Residential Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.31 | $-0.73 | $-0.16 | $-0.70 | $-0.48 | $-0.77 | $-0.58 | $1.25 | $-0.21 | $-0.14 | $-0.27 | $-0.17 | $1.21 | $-0.38 | $1.10 | $-0.52 | $4.93 |
| Avg Forecast | $-0.12 | $-0.14 | $-0.17 | $-0.20 | $-0.21 | $-0.24 | $-0.23 | $-0.24 | $-0.23 | $-0.27 | $-0.15 | $0.26 | $0.50 | $-0.20 | $0.41 | $-0.17 | $1.56 | $0.37 | $-0.18 | $-0.26 | $-0.23 | $0.01 | $-0.26 | $-0.30 | $-0.20 | $-0.23 | $-0.40 | $0.42 | $-0.16 | $5.01 |
| High Forecast | $-0.12 | $-0.14 | $-0.17 | $-0.20 | $-0.21 | $-0.23 | $-0.23 | $-0.24 | $-0.22 | $-0.27 | $-0.15 | $0.26 | $0.51 | $-0.17 | $0.42 | $-0.16 | $1.60 | $0.37 | $-0.18 | $-0.26 | $-0.23 | $0.01 | $-0.26 | $-0.30 | $-0.20 | $-0.23 | $-0.40 | $0.42 | $-0.16 | $5.01 |
| Low Forecast | $-0.12 | $-0.14 | $-0.17 | $-0.20 | $-0.22 | $-0.24 | $-0.24 | $-0.24 | $-0.23 | $-0.28 | $-0.15 | $0.26 | $0.49 | $-0.22 | $0.40 | $-0.17 | $1.54 | $0.37 | $-0.18 | $-0.26 | $-0.23 | $0.01 | $-0.26 | $-0.30 | $-0.20 | $-0.23 | $-0.40 | $0.42 | $-0.16 | $5.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.55% | -1.78% | 0.96% | -0.45% | -1.29% | 4.28% | 2.23% | -5.36% | -42.00% | 0.55% | 0.90% | 0.86% | -5.19% | 0.96% | 2.59% | 3.31% | 0.98% |
According to 5 Wall Street analysts, NexPoint Residential Trust's projected average Quarter EPS for Dec 23 is $0.50, with a low estimate of $0.49 and a high estimate of $0.51. This represents a -62.03% decrease compared to NXRT previous annual EPS of $1.31 (Sep 23).
NexPoint Residential Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CHCT | Community Healthcare Trust | $18.39 | $22.33 | 21.42% | Buy |
| TRNO | Terreno Realty | $59.93 | $68.67 | 14.58% | Buy |
| NSA | National Storage Affiliates Trust | $43.90 | $49.00 | 11.62% | Hold |
| UE | Urban Edge Properties | $22.99 | $25.00 | 8.74% | Buy |
| NXRT | NexPoint Residential Trust | $45.77 | $44.67 | -2.40% | Buy |
| IRT | Independence Realty Trust | $21.35 | $19.33 | -9.46% | Buy |