$38.62
-0.01-0.04%
Last update: 11:02 AM
15 minutes delayed
NexPoint Residential
NXRTNYSE
want to know what
the Bulls & Bears Say?
NexPoint Residential (NYSE:NXRT) Stock, Analyst Ratings, Price Targets, Forecasts
NexPoint Residential Trust Inc has a consensus price target of $32.13 based on the ratings of 22 analysis. The 3 most-recent analyst ratings were released by Truist Securities, Deutsche Bank, and Truist Securities on June 24, 2024, June 11, 2024, and May 29, 2024, respectively. With an average price target of $36.33 between Truist Securities, Deutsche Bank, and Truist Securities, there's an implied -6.98% downside for NexPoint Residential Trust Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Deutsche Bank
Raymond James
JMP Securities
Janney Montgomery Scott
1calculated from analyst ratings
Analyst Ratings for NexPoint Residential
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/24/2024 | Buy Now | -5.27% | Truist Securities | Michael Lewis | $34 → $37 | Maintains | Hold | Get Alert |
| 06/11/2024 | Buy Now | -2.71% | Deutsche Bank | Omotayo Okusanya | $38 → $38 | Downgrade | Buy → Hold | Get Alert |
| 05/29/2024 | Buy Now | -12.95% | Truist Securities | Michael Lewis | $35 → $34 | Maintains | Hold | Get Alert |
| 04/09/2024 | Buy Now | -10.39% | Truist Securities | Michael Lewis | $37 → $35 | Maintains | Hold | Get Alert |
| 03/18/2024 | Buy Now | — | Raymond James | Buck Horne | — | Downgrade | Market Perform → Underperform | Get Alert |
| 03/06/2024 | Buy Now | 2.41% | JMP Securities | Aaron Hecht | → $40 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 12/18/2023 | Buy Now | 2.41% | Truist Securities | Michael Lewis | $43 → $40 | Maintains | Hold | Get Alert |
| 07/26/2023 | Buy Now | 40.81% | JMP Securities | Aaron Hecht | $70 → $55 | Maintains | Market Outperform | Get Alert |
| 05/09/2023 | Buy Now | 22.89% | Truist Securities | Michael Lewis | $49 → $48 | Maintains | Hold | Get Alert |
| 04/26/2023 | Buy Now | 79.21% | JMP Securities | Aaron Hecht | → $70 | Reiterates | → Market Outperform | Get Alert |
| 11/29/2022 | Buy Now | 22.89% | Truist Securities | Michael Lewis | $66 → $48 | Maintains | Hold | Get Alert |
| 09/20/2022 | Buy Now | 79.21% | JMP Securities | Aaron Hecht | → $70 | Initiates | → Market Outperform | Get Alert |
| 08/12/2022 | Buy Now | — | Janney Montgomery Scott | Robert Stevenson | — | Upgrade | Neutral → Buy | Get Alert |
| 08/04/2022 | Buy Now | — | Raymond James | Buck Horne | — | Downgrade | Outperform → Market Perform | Get Alert |
| 06/30/2022 | Buy Now | 79.21% | Jefferies | Jonathan Petersen | $88 → $70 | Maintains | Buy | Get Alert |
| 06/24/2022 | Buy Now | 68.97% | Truist Securities | Michael Lewis | $90 → $66 | Maintains | Hold | Get Alert |
| 06/23/2022 | Buy Now | 84.33% | Credit Suisse | Tayo Okusanya | → $72 | Initiates | → Outperform | Get Alert |
| 05/27/2022 | Buy Now | 120.17% | Raymond James | Buck Horne | $88 → $86 | Maintains | Outperform | Get Alert |
| 05/10/2022 | Buy Now | 125.29% | Raymond James | Buck Horne | $95 → $88 | Maintains | Outperform | Get Alert |
| 05/09/2022 | Buy Now | — | BTIG | Michael Gorman | — | Initiates | → Neutral | Get Alert |
| 02/22/2022 | Buy Now | 143.22% | Raymond James | Buck Horne | $67 → $95 | Maintains | Outperform | Get Alert |
| 07/19/2021 | Buy Now | 71.53% | Raymond James | Buck Horne | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for NexPoint Residential (NXRT) stock?
The latest price target for NexPoint Residential (NYSE:NXRT) was reported by Truist Securities on June 24, 2024. The analyst firm set a price target for $37.00 expecting NXRT to fall to within 12 months (a possible -4.18% downside). 8 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 June 11, 2024 when Deutsche Bank changed their price target from $38 to $38 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 June 24, 2024 so you should expect the next rating to be made available sometime around June 24, 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 $34.00 to $37.00. The current price NexPoint Residential (NXRT) is trading at is $38.62, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.