Robert W. Baird analyst Amanda Sweitzer maintained a Buy rating on NexPoint Residential (NYSE:NXRT) Trust Inc on Wednesday, setting a price target of $49, which is approximately 15.73% above the present share price of $42.34.
Sweitzer expects NexPoint Residential Trust Inc to post earnings per share (EPS) of -$0.17 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in NexPoint Residential, with an average price target of $47.5.
The analysts price targets range from a high of $49 to a low of $46.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $50.55 million and a net profit of $4.51 million. The company's market cap is $1.06 billion.
According to TipRanks.com, Robert W. Baird analyst Amanda Sweitzer is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 5.6% and a 57.14% success rate.
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.