Brokerages Set NETSTREIT Corp. (NYSE:NTST) Target Price at $20.36

Shares of NETSTREIT Corp. (NYSE:NTST) have been given an average recommendation of “Moderate Buy” by the thirteen research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $20.3636.

Several equities analysts have recently commented on NTST shares. Stifel Nicolaus raised their price target on NETSTREIT from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $20.00 price target on shares of NETSTREIT in a report on Monday, January 5th. Berenberg Bank assumed coverage on shares of NETSTREIT in a report on Monday, October 13th. They set a “buy” rating and a $22.00 price objective on the stock. Robert W. Baird upped their target price on NETSTREIT from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Finally, Truist Financial raised their price objective on NETSTREIT from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, November 17th.

NETSTREIT Stock Performance

Shares of NETSTREIT stock opened at $17.27 on Tuesday. The company has a market capitalization of $1.44 billion, a PE ratio of -1,727,000.00, a price-to-earnings-growth ratio of 3.50 and a beta of 0.90. NETSTREIT has a 52 week low of $13.42 and a 52 week high of $19.64. The stock’s fifty day moving average is $17.82 and its two-hundred day moving average is $18.06. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.84.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings data on Monday, October 27th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.32). NETSTREIT had a net margin of 0.10% and a return on equity of 0.01%. The company had revenue of $48.31 million for the quarter, compared to the consensus estimate of $47.78 million. NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. As a group, analysts expect that NETSTREIT will post 1.19 earnings per share for the current year.

NETSTREIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, December 1st.

Institutional Trading of NETSTREIT

A number of hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in shares of NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after acquiring an additional 1,640 shares in the last quarter. State of Wyoming acquired a new position in NETSTREIT during the first quarter worth $58,000. CWM LLC grew its holdings in shares of NETSTREIT by 108.0% in the second quarter. CWM LLC now owns 4,687 shares of the company’s stock valued at $79,000 after purchasing an additional 2,434 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of NETSTREIT by 39.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,299 shares of the company’s stock valued at $132,000 after buying an additional 2,051 shares during the period. Finally, Quadrant Capital Group LLC purchased a new position in NETSTREIT in the third quarter worth approximately $159,000.

About NETSTREIT

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.