NETSTREIT (NYSE:NTST – Get Free Report) had its price objective raised by research analysts at Wells Fargo & Company from $22.00 to $23.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential upside of 15.84% from the company’s previous close.
A number of other brokerages have also recently weighed in on NTST. Mizuho lifted their price objective on NETSTREIT from $19.00 to $23.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. BTIG Research boosted their price target on shares of NETSTREIT from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. UBS Group boosted their price target on shares of NETSTREIT from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. BMO Capital Markets initiated coverage on shares of NETSTREIT in a research note on Friday, April 17th. They set an “outperform” rating and a $24.00 price target on the stock. Finally, Cantor Fitzgerald boosted their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NETSTREIT currently has an average rating of “Moderate Buy” and a consensus target price of $22.52.
Get Our Latest Research Report on NETSTREIT
NETSTREIT Trading Down 2.0%
NETSTREIT (NYSE:NTST – Get Free Report) last posted its earnings results on Monday, April 20th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.The business had revenue of $57.06 million for the quarter, compared to analyst estimates of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. On average, sell-side analysts predict that NETSTREIT will post 1.3 EPS for the current fiscal year.
Insider Transactions at NETSTREIT
In related news, Director Robin Mcbride Zeigler sold 7,192 shares of NETSTREIT stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total value of $149,953.20. Following the completion of the transaction, the director directly owned 18,344 shares in the company, valued at approximately $382,472.40. This trade represents a 28.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.66% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of NTST. Principal Financial Group Inc. lifted its holdings in NETSTREIT by 11.9% during the 3rd quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock worth $161,783,000 after buying an additional 955,951 shares during the last quarter. Allianz Asset Management GmbH lifted its holdings in NETSTREIT by 76.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock worth $1,435,000 after buying an additional 34,334 shares during the last quarter. Vanguard Group Inc. lifted its holdings in NETSTREIT by 7.8% during the 3rd quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock worth $161,841,000 after buying an additional 646,153 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in NETSTREIT during the 3rd quarter worth about $3,277,000. Finally, Hudson Bay Capital Management LP lifted its holdings in NETSTREIT by 35.1% during the 3rd quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock worth $68,531,000 after buying an additional 986,842 shares during the last quarter.
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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