NETSTREIT Corp. (NYSE:NTST) Receives $22.68 Average Price Target from Analysts

Shares of NETSTREIT Corp. (NYSE:NTST) have been assigned a consensus rating of “Moderate Buy” from the fifteen analysts that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $23.1923.

NTST has been the subject of several analyst reports. Truist Financial boosted their price objective on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. BMO Capital Markets raised their target price on NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Stifel Nicolaus boosted their price objective on NETSTREIT from $22.25 to $23.50 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Cantor Fitzgerald upped their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Robert W. Baird increased their price objective on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd.

Insider Buying and Selling at NETSTREIT

In related news, CEO Mark Manheimer purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average cost of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This represents a 1.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On NETSTREIT

Several large investors have recently bought and sold shares of the company. Loomis Sayles & Co. L P raised its holdings 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 last quarter. EverSource Wealth Advisors LLC lifted its position in shares of NETSTREIT by 1,123.3% in the second 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake 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 worth $43,000 after acquiring an additional 650 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of NETSTREIT in the fourth quarter worth approximately $44,000. Finally, Inspire Investing LLC purchased a new stake in shares of NETSTREIT during the fourth quarter worth approximately $45,000.

NETSTREIT Stock Down 0.5%

Shares of NTST stock opened at $21.49 on Friday. NETSTREIT has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The firm has a market capitalization of $2.18 billion, a PE ratio of 143.26, a P/E/G ratio of 2.78 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. The stock’s 50-day simple moving average is $20.85 and its 200-day simple moving average is $20.16.

NETSTREIT (NYSE:NTST) last released its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The firm had revenue of $61.28 million for the quarter, compared to analyst estimates of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities analysts expect that NETSTREIT will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.2%. NETSTREIT’s payout ratio is currently 586.67%.

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.