5 Analysts Assess NexPoint Residential: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for NexPoint Residential (NYSE:NXRT) over the past three months, with a range of bullish to indifferent outlooks. The average 12-month price target has increased by 22.5% to $49.0. Despite revenue challenges, the company shows strong profitability and effective asset utilization, though it has a high debt-to-equity ratio.
October 21, 2024 | 3:00 pm
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NEUTRAL IMPACT
NexPoint Residential (NYSE:NXRT) has received mixed analyst ratings, with a notable increase in the average 12-month price target to $49.0. The company faces revenue challenges but maintains strong profitability and asset utilization. However, its high debt-to-equity ratio is a concern.
The mixed analyst ratings and increased price target suggest a neutral short-term impact on NXRT's stock price. While profitability and asset utilization are strong, revenue challenges and high debt levels may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100