NexPoint Residential Trust (NXRT) Stock Forecast, Price Target & Predictions

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NXRT Stock Forecast

NexPoint Residential Trust stock forecast is as follows: an average price target of $48.00 (represents a 12.89% upside from NXRT’s last price of $42.52) 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 $48.00 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 $46.00. This represents a potential 12.89% upside from NXRT's last price of $42.52.

NXRT Analyst Ratings

Buy

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%	17.59%
Aug 26, 2024	Michael Lewis	Truist Financial	$46.00	$45.96	0.09%	8.18%
Jun 24, 2024	Michael Lewis	Truist Financial	$37.00	$37.25	-0.67%	-12.98%
Jun 10, 2024	Omotayo Okusanya	Deutsche Bank	$38.00	$37.54	1.23%	-10.63%
May 29, 2024	Michael Lewis	Truist Financial	$34.00	$36.28	-6.28%	-20.04%
Nov 29, 2022		Truist Financial	$48.00	$46.23	3.82%	12.89%
Apr 21, 2022	Buck Horne	Raymond James	$95.00	$91.29	4.06%	123.42%

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 17.59% increase from NXRT last price ($42.52).

NexPoint Residential Trust Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	5
Avg Price Target	-	$50.00	$41.00
Last Closing Price	$42.52	$42.52	$42.52
Upside/Downside	-100.00%	17.59%	-3.57%

In the current month, the average price target of NexPoint Residential Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NexPoint Residential Trust's last price of $42.52. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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
Jun 11, 2024	Deutsche Bank	Outperform	Hold	Downgrade
Jun 10, 2024	Deutsche Bank		Outperform	Downgrade
May 24, 2024	Raymond James	Outperform	Market Perform	Upgrade
Apr 26, 2022	Zacks Investment Research		Hold	Downgrade
Feb 22, 2022	Raymond James	Outperform	Outperform	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	$69.74M	$69.43M	$68.42M	$67.52M	$65.94M	$65.84M	$65.11M	$64.65M	$64.09M	$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	$71.16M	$70.84M	$69.81M	$68.89M	$67.27M	$67.18M	$66.44M	$65.59M	$65.82M	$64.38M	$64.85M	$66.74M	$69.39M	$72.25M	$71.52M	$70.93M	$68.39M	$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	$68.12M	$67.82M	$66.83M	$65.95M	$64.41M	$64.32M	$63.61M	$63.38M	$62.22M	$64.21M	$64.85M	$66.74M	$67.38M	$68.32M	$68.47M	$67.91M	$65.48M	$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	3	3	3	3	4	4	4	6	6	3	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	3	3	3	3	4	4	4	6	6	3	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	$54.28M	$54.04M	$53.25M	$52.55M	$51.32M	$51.25M	$50.68M	$50.32M	$49.88M	$50.04M	$50.47M	$42.33M	$53.25M	$54.79M	$54.56M	$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	$55.38M	$55.13M	$54.33M	$53.62M	$52.36M	$52.29M	$51.71M	$51.05M	$51.23M	$50.11M	$50.47M	$50.80M	$54.01M	$56.23M	$55.66M	$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	$53.02M	$52.78M	$52.02M	$51.33M	$50.13M	$50.06M	$49.51M	$49.33M	$48.42M	$49.97M	$50.47M	$33.87M	$52.45M	$53.17M	$53.29M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	0.46%	0.63%	0.63%	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	3	3	3	3	4	4	4	6	6	3	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	$-7.75M	$-7.62M	$-5.84M	$-5.59M	$-5.83M	$-6.45M	$-6.37M	$-6.46M	$-5.68M	$-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	$-7.52M	$-7.39M	$-5.67M	$-5.42M	$-5.66M	$-6.25M	$-6.18M	$-6.27M	$-5.51M	$-6.65M	$-3.63M	$-5.89M	$12.97M	$-4.32M	$10.69M	$-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	$-7.95M	$-7.82M	$-6.00M	$-5.74M	$-5.99M	$-6.62M	$-6.54M	$-6.63M	$-5.83M	$-7.03M	$-3.85M	$-8.83M	$12.26M	$-5.59M	$10.10M	$-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	3	3	3	3	4	4	4	6	6	3	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	$7.91M	$7.88M	$7.76M	$7.66M	$7.48M	$7.47M	$7.39M	$7.34M	$7.27M	$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	$8.08M	$8.04M	$7.92M	$7.82M	$7.63M	$7.62M	$7.54M	$7.44M	$7.47M	$7.31M	$7.36M	$13.45M	$7.88M	$8.20M	$8.12M	$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	$7.73M	$7.70M	$7.58M	$7.48M	$7.31M	$7.30M	$7.22M	$7.19M	$7.06M	$7.29M	$7.36M	$8.97M	$7.65M	$7.75M	$7.77M	$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	3	3	3	3	4	4	4	6	6	3	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	$-0.30	$-0.30	$-0.23	$-0.22	$-0.23	$-0.25	$-0.25	$-0.25	$-0.22	$-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	$-0.30	$-0.29	$-0.22	$-0.21	$-0.22	$-0.25	$-0.24	$-0.25	$-0.22	$-0.26	$-0.14	$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	$-0.31	$-0.31	$-0.24	$-0.23	$-0.24	$-0.26	$-0.26	$-0.26	$-0.23	$-0.28	$-0.15	$0.26	$0.48	$-0.22	$0.40	$-0.17	$1.51	$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 $0.48 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
TRNO	Terreno Realty	$61.98	$73.33	18.31%	Buy
UE	Urban Edge Properties	$22.28	$25.00	12.21%	Buy
NXRT	NexPoint Residential Trust	$44.67	$48.00	7.45%	Buy
CHCT	Community Healthcare Trust	$18.85	$20.00	6.10%	Buy
NSA	National Storage Affiliates Trust	$41.15	$41.67	1.26%	Hold
IRT	Independence Realty Trust	$21.18	$21.00	-0.85%	Buy

NXRT Forecast FAQ

Is NexPoint Residential Trust a good buy?

Yes, according to 5 Wall Street analysts, NexPoint Residential Trust (NXRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of NXRT's total ratings.

What is NXRT's price target?

NexPoint Residential Trust (NXRT) average price target is $48 with a range of $46 to $50, implying a 12.89% from its last price of $42.52. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will NexPoint Residential Trust stock go up soon?

According to Wall Street analysts' prediction for NXRT stock, the company can go up by 12.89% (from the last price of $42.52 to the average price target of $48), up by 17.59% based on the highest stock price target, and up by 8.18% based on the lowest stock price target.

Can NexPoint Residential Trust stock reach $60?

NXRT's average twelve months analyst stock price target of $48 does not support the claim that NexPoint Residential Trust can reach $60 in the near future.

What are NexPoint Residential Trust's analysts' financial forecasts?

NexPoint Residential Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $261.54M (high $266.48M, low $255.72M), average EBITDA is $203.57M (high $207.41M, low $199.03M), average net income is $-25.11M (high $-24.354M, low $-25.772M), average SG&A $29.68M (high $30.24M, low $29.02M), and average EPS is $-0.988 (high $-0.959, low $-1.014). NXRT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $275.1M (high $280.69M, low $268.73M), average EBITDA is $214.12M (high $218.47M, low $209.16M), average net income is $-26.801M (high $-25.994M, low $-27.509M), average SG&A $31.22M (high $31.85M, low $30.5M), and average EPS is $-1.055 (high $-1.023, low $-1.083).

Did the NXRT's actual financial results beat the analysts' financial forecasts?

Based on NexPoint Residential Trust's last annual report (Dec 2023), the company's revenue was $277.53M, which missed the average analysts forecast of $278.42M by -0.32%. Apple's EBITDA was $208.36M, beating the average prediction of $201.08M by 3.62%. The company's net income was $44.26M, beating the average estimation of $11.28M by 292.48%. Apple's SG&A was $24.79M, missing the average forecast of $33.9M by -26.87%. Lastly, the company's EPS was $1.69, beating the average prediction of $0.541 by 212.15%. In terms of the last quarterly report (Dec 2023), NexPoint Residential Trust's revenue was $-6.071M, missing the average analysts' forecast of $68.41M by -108.87%. The company's EBITDA was $24.25M, missing the average prediction of $53.25M by -54.47%. NexPoint Residential Trust's net income was $18.42M, beating the average estimation of $12.64M by 45.78%. The company's SG&A was $5.78M, missing the average forecast of $7.76M by -25.51%. Lastly, the company's EPS was $0, missing the average prediction of $0.497 by -100.00%