NETSTREIT Corp. (NTST) To Go Ex-Dividend on September 1st

NETSTREIT Corp. (NYSE:NTST) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.225 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Tuesday, September 1st.

NETSTREIT has increased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 1 years. NETSTREIT has a dividend payout ratio of 310.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect NETSTREIT to earn $1.39 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 64.7%.

NETSTREIT Stock Performance

Shares of NETSTREIT stock opened at $20.49 on Friday. The firm has a market cap of $2.08 billion, a PE ratio of 136.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.81. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. NETSTREIT has a 52 week low of $17.02 and a 52 week high of $22.47. The business’s fifty day simple moving average is $21.13 and its 200-day simple moving average is $20.46.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $61.28 million for the quarter, compared to analyst estimates of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities analysts forecast that NETSTREIT will post 1.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NTST. BMO Capital Markets upped their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Truist Financial raised their price target on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Robert W. Baird boosted their price objective on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Scotiabank lowered their target price on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Finally, Wells Fargo & Company boosted their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.19.

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.