Robert W. Baird Forecasts Strong Price Appreciation for NETSTREIT (NYSE:NTST) Stock

NETSTREIT (NYSE:NTST) had its price objective lifted by analysts at Robert W. Baird from $22.00 to $23.00 in a report released on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price target would indicate a potential upside of 6.63% from the stock’s previous close.

A number of other analysts have also recently commented on NTST. Wells Fargo & Company lifted 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. Cantor Fitzgerald raised their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. BTIG Research raised their target price on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Truist Financial lifted 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. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $22.68.

NETSTREIT Stock Down 0.1%

Shares of NTST stock traded down $0.02 during trading hours on Thursday, reaching $21.57. 511,793 shares of the company’s stock were exchanged, compared to its average volume of 1,650,566. NETSTREIT has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The stock’s 50 day moving average is $20.68 and its 200-day moving average is $19.96. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 166.10, a P/E/G ratio of 2.82 and a beta of 0.82.

NETSTREIT (NYSE:NTST) last announced its 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 0.78% and a net margin of 5.29%.The business had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Analysts predict that NETSTREIT will post 1.31 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Mark Manheimer acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was acquired at an average price of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer directly owned 415,260 shares in the company, valued at $7,968,839.40. This represents a 1.22% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Easterly Investment Partners LLC purchased a new stake in NETSTREIT during the 4th quarter worth approximately $9,422,000. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in shares of NETSTREIT by 111.3% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after acquiring an additional 180,600 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of NETSTREIT by 23.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company’s stock worth $3,057,000 after acquiring an additional 32,900 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of NETSTREIT by 3.4% during the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock worth $64,449,000 after purchasing an additional 120,170 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in NETSTREIT by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 9,226,348 shares of the company’s stock valued at $162,753,000 after purchasing an additional 268,275 shares during 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.