NETSTREIT Corp. (NYSE:NTST) Receives $22.10 Consensus Price Target from Analysts

Shares of NETSTREIT Corp. (NYSE:NTSTGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $22.25.

NTST has been the topic of a number of analyst reports. Mizuho boosted their price objective on shares of NETSTREIT from $19.00 to $23.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Raymond James Financial cut shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and boosted their price objective for the company from $21.00 to $22.00 in a research report on Tuesday, March 17th. Stifel Nicolaus boosted their price objective on shares of NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Truist Financial boosted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday. Finally, UBS Group boosted their price target on shares of NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Monday, March 9th.

Check Out Our Latest Research Report on NTST

Insiders Place Their Bets

In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $20.85, for a total value of $149,953.20. Following the sale, the director owned 18,344 shares in the company, valued at approximately $382,472.40. This represents a 28.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.66% of the company’s stock.

Institutional Investors Weigh In On NETSTREIT

Hedge funds and other institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its holdings in shares of NETSTREIT by 11.9% in the third quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock valued at $161,783,000 after purchasing an additional 955,951 shares during the period. AlphaQuest LLC grew its holdings in shares of NETSTREIT by 100.7% in the third quarter. AlphaQuest LLC now owns 193,566 shares of the company’s stock valued at $3,496,000 after purchasing an additional 97,116 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of NETSTREIT by 76.1% in the third quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock valued at $1,435,000 after purchasing an additional 34,334 shares during the period. Vanguard Group Inc. grew its holdings in shares of NETSTREIT by 7.8% in the third quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock valued at $161,841,000 after purchasing an additional 646,153 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new stake in shares of NETSTREIT in the third quarter valued at about $3,277,000.

NETSTREIT Price Performance

NTST stock opened at $20.48 on Monday. The firm’s 50-day moving average price is $20.09 and its two-hundred day moving average price is $19.02. NETSTREIT has a 12-month low of $15.23 and a 12-month high of $21.30. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 157.58, a PEG ratio of 2.81 and a beta of 0.85. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81.

NETSTREIT (NYSE:NTSTGet Free Report) last released its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The firm had revenue of $57.06 million during the quarter, compared to analysts’ expectations of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. As a group, equities analysts predict that NETSTREIT will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.88 per share. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 annualized dividend and a dividend yield of 17.2%. The ex-dividend date is Monday, June 1st. NETSTREIT’s dividend payout ratio is presently 676.92%.

NETSTREIT Company Profile

(Get Free Report)

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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Analyst Recommendations for NETSTREIT (NYSE:NTST)

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