NETSTREIT Corp. (NYSE:NTST) Given Consensus Rating of “Moderate Buy” by Brokerages

NETSTREIT Corp. (NYSE:NTST) has been assigned an average recommendation of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $23.1923.

Several equities analysts have issued reports on the stock. Cantor Fitzgerald upped their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. BMO Capital Markets lifted their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a research note on Friday, August 7th. UBS Group set a $22.00 price objective on NETSTREIT in a report on Thursday, June 18th. Finally, BTIG Research raised their target price on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, June 26th.

Insider Activity

In related news, CEO Mark Manheimer acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were bought at an average cost of $19.19 per share, with a total value of $95,950.00. Following the completion of the purchase, the chief executive officer directly owned 415,260 shares in the company, valued at $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.66% of the stock is owned by company insiders.

Institutional Trading of NETSTREIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in NETSTREIT by 13.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,539 shares of the company’s stock worth $85,000 after purchasing an additional 549 shares during the last quarter. CWM LLC increased its stake in NETSTREIT by 9.8% in the 4th quarter. CWM LLC now owns 6,841 shares of the company’s stock valued at $121,000 after buying an additional 608 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after buying an additional 650 shares during the last quarter. Amundi increased its stake in NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company’s stock valued at $709,000 after buying an additional 704 shares during the last quarter. Finally, Mariner LLC lifted its position in shares of NETSTREIT by 3.6% during the 4th quarter. Mariner LLC now owns 20,725 shares of the company’s stock worth $366,000 after buying an additional 722 shares in the last quarter.

NETSTREIT Stock Performance

NYSE:NTST opened at $20.59 on Wednesday. The stock’s 50-day moving average is $21.05 and its 200-day moving average is $20.45. NETSTREIT has a 1-year low of $17.02 and a 1-year high of $22.47. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.09 billion, a P/E ratio of 137.24, a price-to-earnings-growth ratio of 2.68 and a beta of 0.81.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings data 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 6.35% and a return on equity of 0.95%. The business 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. Equities research analysts anticipate that NETSTREIT will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.225 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. NETSTREIT’s dividend payout ratio is presently 586.67%.

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.