NETSTREIT (NYSE:NTST) Upgraded at Jefferies Financial Group

NETSTREIT (NYSE:NTST) was upgraded by equities research analysts at Jefferies Financial Group to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company lifted their price objective on NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday. Weiss Ratings upgraded NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. Robert W. Baird lifted their price target on NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. BTIG Research lifted their price target on NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Finally, BMO Capital Markets initiated coverage on NETSTREIT in a report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.52.

NETSTREIT Trading Down 2.4%

NETSTREIT stock opened at $19.77 on Monday. The stock has a market cap of $1.92 billion, a PE ratio of 152.12, a P/E/G ratio of 2.74 and a beta of 0.84. The stock has a 50-day moving average price of $20.08 and a 200 day moving average price of $19.18. NETSTREIT has a 52 week low of $15.68 and a 52 week high of $21.30. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings data on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $57.06 million for the quarter, compared to analysts’ expectations of $50.10 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. Equities research analysts predict that NETSTREIT will post 1.3 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total transaction of $149,953.20. Following the completion of the sale, the director owned 18,344 shares in the company, valued at approximately $382,472.40. The trade was a 28.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

Institutional investors have recently modified their holdings of the company. Allianz Asset Management GmbH grew its holdings in shares of NETSTREIT by 76.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock worth $1,435,000 after purchasing an additional 34,334 shares during the period. Vanguard Group Inc. grew its holdings in shares of NETSTREIT by 7.8% during the 3rd quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock worth $161,841,000 after purchasing an additional 646,153 shares during the period. Jupiter Asset Management Ltd. purchased a new stake in shares of NETSTREIT during the 3rd quarter worth about $3,277,000. Hudson Bay Capital Management LP grew its holdings in shares of NETSTREIT by 35.1% during the 3rd quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock worth $68,531,000 after purchasing an additional 986,842 shares during the period. Finally, APG Asset Management US Inc. lifted its position in NETSTREIT by 8.7% during the 3rd quarter. APG Asset Management US Inc. now owns 956,127 shares of the company’s stock worth $17,478,000 after acquiring an additional 76,250 shares in the last quarter.

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.