NETSTREIT (NYSE:NTST – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02), FiscalAI reports. The firm had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. NETSTREIT updated its FY 2026 guidance to 1.370-1.390 EPS.
NETSTREIT Price Performance
Shares of NETSTREIT stock opened at $21.55 on Thursday. The company has a market cap of $2.10 billion, a PE ratio of 165.77, a P/E/G ratio of 2.82 and a beta of 0.82. The business has a 50 day moving average of $20.68 and a 200 day moving average of $19.96. NETSTREIT has a 52 week low of $17.02 and a 52 week high of $22.47. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81.
NETSTREIT Cuts Dividend
The firm 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 annualized dividend and a dividend yield of 4.2%. NETSTREIT’s payout ratio is 676.92%.
Insider Buying and Selling
Institutional Investors Weigh In On NETSTREIT
Several hedge funds have recently made changes to their positions in NTST. Amundi lifted its stake in NETSTREIT by 1.6% in the first quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after purchasing an additional 704 shares during the last quarter. Mariner LLC lifted its position in shares of NETSTREIT by 3.6% during the fourth quarter. Mariner LLC now owns 20,725 shares of the company’s stock worth $366,000 after purchasing an additional 722 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of NETSTREIT by 12.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 6,719 shares of the company’s stock valued at $119,000 after purchasing an additional 770 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of NETSTREIT by 3.4% during the second quarter. Daiwa Securities Group Inc. now owns 28,791 shares of the company’s stock valued at $487,000 after purchasing an additional 945 shares during the period. Finally, Natixis Advisors LLC grew its holdings in shares of NETSTREIT by 2.4% in the third quarter. Natixis Advisors LLC now owns 52,415 shares of the company’s stock worth $947,000 after purchasing an additional 1,235 shares during the last quarter.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Weiss Ratings raised shares of NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Truist Financial upped their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Wells Fargo & Company upped their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Scotiabank decreased their price objective on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Finally, Robert W. Baird increased 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. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $22.52.
Read Our Latest Analysis on NTST
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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