▼ -0.51% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for NexPoint Residential Trust in the last 3 months. The average price target is $48.50, with a high forecast of $53.00 and a low forecast of $44.00. The average price target represents a -0.51% upside from the last price of $48.75.
The current consensus among 1 polled investment analysts is to buy stock in NexPoint Residential Trust. This Buy consensus rating has held steady for over two years.
NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.