Analysts Set NETSTREIT Corp. (NYSE:NTST) Target Price at $23.19

Shares of NETSTREIT Corp. (NYSE:NTST) have earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $23.1923.

Several equities analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Scotiabank cut their target price on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Robert W. Baird raised their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Truist Financial lifted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, BTIG Research boosted their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, June 26th.

Insider Activity at NETSTREIT

In other news, CEO Mark Manheimer bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were bought at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the transaction, the chief executive officer owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. This represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

A number of large investors have recently added to or reduced their stakes in NTST. Easterly Investment Partners LLC bought a new stake in NETSTREIT during the fourth quarter worth approximately $9,422,000. Dockside LLC bought a new stake in shares of NETSTREIT in the 2nd quarter valued at approximately $1,202,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of NETSTREIT by 23.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company’s stock worth $3,057,000 after purchasing an additional 32,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of NETSTREIT by 111.3% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after purchasing an additional 180,600 shares during the period. Finally, Centersquare Investment Management LLC increased its position in shares of NETSTREIT by 3.4% during the 4th quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock valued at $64,449,000 after purchasing an additional 120,170 shares during the last quarter.

NETSTREIT Price Performance

Shares of NTST opened at $20.35 on Wednesday. The business’s 50 day moving average is $21.02 and its 200 day moving average is $20.42. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. NETSTREIT has a 12-month low of $17.02 and a 12-month high of $22.47. The company has a market capitalization of $2.07 billion, a PE ratio of 135.67, a price-to-earnings-growth ratio of 2.63 and a beta of 0.81.

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

NETSTREIT Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT’s payout ratio is 586.67%.

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.