NETSTREIT Corp. (NYSE:NTST – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $22.25.
A number of research firms have weighed in on NTST. Robert W. Baird raised their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” 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. Stifel Nicolaus raised their price objective on shares of NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings upgraded shares of NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Finally, Mizuho lifted their price target on shares of NETSTREIT from $19.00 to $23.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th.
Read Our Latest Analysis on NTST
Insider Activity at NETSTREIT
Institutional Trading of NETSTREIT
A number of large investors have recently made changes to their positions in NTST. Royal Bank of Canada grew its stake in shares of NETSTREIT by 343.1% in the first quarter. Royal Bank of Canada now owns 36,730 shares of the company’s stock worth $582,000 after acquiring an additional 28,441 shares during the period. Amundi grew its stake in shares of NETSTREIT by 1.6% in the first quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after acquiring an additional 704 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of NETSTREIT by 10.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company’s stock worth $773,000 after acquiring an additional 4,501 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of NETSTREIT by 3.6% in the first quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company’s stock worth $7,915,000 after acquiring an additional 17,188 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NETSTREIT by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company’s stock worth $8,995,000 after acquiring an additional 42,121 shares during the period.
NETSTREIT Stock Up 0.1%
NYSE:NTST opened at $20.47 on Monday. The firm has a market cap of $1.99 billion, a P/E ratio of 157.44, a P/E/G ratio of 2.76 and a beta of 0.85. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84. NETSTREIT has a fifty-two week low of $15.37 and a fifty-two week high of $21.30. The firm has a 50-day simple moving average of $20.07 and a two-hundred day simple moving average of $19.04.
NETSTREIT (NYSE:NTST – Get Free Report) last released its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm had revenue of $57.06 million for the quarter, compared to the consensus estimate of $50.10 million. NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts predict that NETSTREIT will post 1.3 earnings per share for the current fiscal year.
NETSTREIT Increases Dividend
The business 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 $0.88 dividend. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 dividend on an annualized basis and a dividend yield of 17.2%. The ex-dividend date is Monday, June 1st. NETSTREIT’s dividend payout ratio (DPR) is presently 676.92%.
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.
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