Analysts have clear opinions on NXRT.
There are 4 analysts on the Wall offering 12 month price targets for NexPoint Residential in the last 3 months. The average price target is $50.50 with a high forecast of $53.00 and a low forecast of $46.00. The average price target represents a 8.30% increase from the last price of $46.63.
NexPoint Residential Trust, Inc. (NXRT) is followed by 4 analysts on the street.
Gaurav Mehta from National Securities Corp rates it a Buy with a target of $53.00.
Similarly, 2 months ago Michael R Lewis of SunTrust Robinson Reiterated a Hold with a target of $46.00.
The consensus on the street is Strong Buy.
What does NexPoint Residential Trust, Inc.(NXRT) do ?
NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.
NexPoint Residential Trust, Inc. (NXRT) Insider Trades
Multiple company employees have indulged in significant insider trading. NexPoint Residential Trust, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Pres, 10%, Dondero James D : S – Sale(-$20,595,000) of NXRT in the trading session of 2019-07-23.
Pres, 10% Dondero James D : P – Purchase(+$20,595,000) of NXRT in the trading session of 2019-07-23.
See Remarks McGraner Matt : P – Purchase(+$313,038) of NexPoint Residential Trust, Inc. in the trading session of 2018-11-16.
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