NETSTREIT (NYSE:NTST) CFO Purchases 1,200 Shares

NETSTREIT Corp. (NYSE:NTST) CFO Daniel Donlan acquired 1,200 shares of the stock in a transaction on Friday, September 4th. The shares were purchased at an average price of $20.12 per share, with a total value of $24,144.00. Following the completion of the transaction, the chief financial officer owned 44,862 shares of the company’s stock, valued at approximately $902,623.44. This represents a 2.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

NETSTREIT Price Performance

NYSE NTST traded up $0.11 on Tuesday, hitting $20.20. 101,951 shares of the company’s stock were exchanged, compared to its average volume of 1,641,842. The stock has a 50-day moving average of $21.10 and a 200-day moving average of $20.49. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 135.00, a P/E/G ratio of 2.61 and a beta of 0.80. NETSTREIT Corp. has a 52 week low of $17.02 and a 52 week high of $22.47. 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 (NYSE:NTST) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. 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. Analysts expect that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a yield of 4.5%. NETSTREIT’s payout ratio is presently 600.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NTST shares. Jefferies Financial Group restated a “buy” rating and issued a $25.00 price target on shares of NETSTREIT in a research note on Wednesday, July 29th. BTIG Research raised their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Wells Fargo & Company boosted their target price 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. Truist Financial upped their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Scotiabank dropped their price target on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.19.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Loomis Sayles & Co. L P boosted its position in NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after buying an additional 1,333 shares during the period. EverSource Wealth Advisors LLC increased its position in NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after acquiring an additional 1,640 shares during the period. Kestra Advisory Services LLC bought a new position in shares of NETSTREIT during the fourth quarter valued at $44,000. Inspire Investing LLC bought a new position in shares of NETSTREIT during the fourth quarter valued at $45,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of NETSTREIT during the fourth quarter worth $64,000.

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.