NETSTREIT (NYSE:NTST) Upgraded at Jefferies Financial Group

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

Other equities research analysts also recently issued reports about the company. BMO Capital Markets initiated coverage on NETSTREIT in a report on Friday, April 17th. They set an “outperform” rating and a $24.00 price target for the company. Citigroup reaffirmed a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Stifel Nicolaus increased their price target on NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Robert W. Baird raised their target price on NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, UBS Group raised their target price on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.52.

NETSTREIT Price Performance

Shares of NYSE NTST opened at $19.77 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.84 and a quick ratio of 2.84. The stock has a fifty day moving average price of $20.08 and a 200 day moving average price of $19.18. NETSTREIT has a 1-year low of $15.68 and a 1-year high of $21.30. The company 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.

NETSTREIT (NYSE:NTST) last issued its quarterly 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 company had revenue of $57.06 million for the quarter, compared to analyst estimates of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Sell-side analysts forecast that NETSTREIT will post 1.3 EPS for the current year.

Insider Buying and Selling at NETSTREIT

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total value of $149,953.20. Following the completion of the transaction, the director owned 18,344 shares in the company, valued at $382,472.40. This trade represents a 28.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.66% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of NETSTREIT by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,539 shares of the company’s stock valued at $85,000 after buying an additional 549 shares in the last quarter. Intech Investment Management LLC increased its position in shares of NETSTREIT by 1.9% in the third quarter. Intech Investment Management LLC now owns 32,517 shares of the company’s stock valued at $587,000 after buying an additional 600 shares in the last quarter. CWM LLC increased its position in shares of NETSTREIT by 9.8% in the fourth quarter. CWM LLC now owns 6,841 shares of the company’s stock valued at $121,000 after buying an additional 608 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of NETSTREIT by 36.3% in 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 in the last quarter. Finally, Amundi increased its position in NETSTREIT by 1.6% during the 1st quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after purchasing an additional 704 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.