Shares of NETSTREIT Corp. (NYSE:NTST – Get Free Report) have been given an average rating of “Moderate Buy” by the sixteen research firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $22.5179.
Several analysts have recently weighed in on NTST shares. BTIG Research lifted their target price on NETSTREIT from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Truist Financial lifted their target price on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Stifel Nicolaus raised their price target on NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research note on Friday, April 24th. Finally, UBS Group raised their price target on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 9th.
Check Out Our Latest Stock Report on NTST
Insider Activity at NETSTREIT
Hedge Funds Weigh In On NETSTREIT
Several institutional investors have recently made changes to their positions in NTST. Loomis Sayles & Co. L P increased its stake in shares of NETSTREIT by 959.0% during the fourth 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 increased its stake in shares of NETSTREIT by 1,123.3% during the second 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. increased its stake in shares of NETSTREIT by 36.3% during the fourth 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 fourth quarter valued at $44,000. Finally, Inspire Investing LLC purchased a new position in NETSTREIT in the fourth quarter valued at about $45,000.
NETSTREIT Stock Down 0.9%
NYSE:NTST opened at $20.22 on Friday. NETSTREIT has a twelve month low of $16.14 and a twelve month high of $21.30. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 155.52, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The stock has a fifty day simple moving average of $20.26 and a 200-day simple moving average of $19.28. 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 – Get Free Report) last released its earnings results on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.The business had revenue of $57.06 million for the quarter, compared to the consensus estimate of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts anticipate that NETSTREIT will post 1.3 EPS for the current year.
NETSTREIT Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.88 per share. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 annualized dividend and a dividend yield of 17.4%. The ex-dividend date is Monday, June 1st. NETSTREIT’s payout ratio is 676.92%.
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.
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