NETSTREIT (NYSE:NTST – Free Report) had its price objective boosted by BMO Capital Markets from $24.00 to $25.00 in a research note published on Monday morning, MarketBeat.com reports. They currently have an outperform rating on the stock.
Other analysts also recently issued reports about the stock. Robert W. Baird lifted their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Scotiabank decreased their target price on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Stifel Nicolaus raised their price target 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. Jefferies Financial Group initiated coverage on NETSTREIT in a report on Monday, June 1st. They set a “buy” rating and a $23.00 price target on the stock. Finally, BTIG Research boosted their price objective on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, NETSTREIT has an average rating of “Moderate Buy” and a consensus target price of $22.52.
View Our Latest Research Report on NTST
NETSTREIT Price Performance
NETSTREIT (NYSE:NTST – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The company 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. On average, research analysts forecast that NETSTREIT will post 1.31 earnings per share for the current year.
Insider Transactions at NETSTREIT
In related news, CEO Mark Manheimer bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the transaction, the chief executive officer directly owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. This represents a 1.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.66% of the stock is owned by corporate insiders.
Institutional Trading of NETSTREIT
Institutional investors have recently made changes to their positions in the stock. 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 acquiring an additional 1,333 shares during the period. EverSource Wealth Advisors LLC lifted its position in NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in NETSTREIT by 36.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares during the period. Kestra Advisory Services LLC bought a new position in NETSTREIT during the 4th quarter valued at $44,000. Finally, Inspire Investing LLC bought a new position in NETSTREIT during the 4th quarter valued at $45,000.
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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