Shares of NETSTREIT Corp. (NYSE:NTST – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $22.4464.
A number of equities research analysts have recently issued reports on the stock. Citigroup restated a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Scotiabank lowered their price objective on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. BTIG Research boosted their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Stifel Nicolaus boosted their target price on shares of NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, Jefferies Financial Group assumed coverage on NETSTREIT in a report on Monday, June 1st. They issued a “buy” rating and a $23.00 target price for the company.
Insider Activity
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P increased its stake in NETSTREIT by 959.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after buying an additional 1,333 shares during the period. 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 valued at $30,000 after buying an additional 1,640 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of NETSTREIT by 36.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after buying an additional 650 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of NETSTREIT during the 4th quarter valued at $44,000. Finally, Inspire Investing LLC purchased a new position in shares of NETSTREIT during the 4th quarter valued at $45,000.
NETSTREIT Stock Performance
NYSE:NTST opened at $21.61 on Tuesday. NETSTREIT has a twelve month low of $16.71 and a twelve month high of $21.69. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average of $20.38 and a 200-day moving average of $19.56. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 166.28, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82.
NETSTREIT (NYSE:NTST – Get Free Report) last released its earnings results on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The business had revenue of $57.06 million during the quarter, compared to the consensus estimate of $50.09 million. NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts forecast that NETSTREIT will post 1.31 earnings per share for the current fiscal year.
NETSTREIT Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 annualized dividend and a yield of 16.3%. NETSTREIT’s payout ratio is presently 676.92%.
NETSTREIT Company Profile
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.
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