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

Shares of NETSTREIT Corp. (NYSE:NTST) have earned an average rating of “Moderate Buy” from the sixteen analysts that are presently covering the firm, MarketBeat reports. Three 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 analysts that have covered the stock in the last year is $22.5179.

A number of research analysts have recently weighed in on the company. Robert W. Baird raised their price target on NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Wells Fargo & Company raised their price target on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Truist Financial raised their price target on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, Scotiabank raised their price target on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th.

NETSTREIT Trading Up 1.5%

Shares of NTST stock opened at $20.28 on Friday. NETSTREIT has a fifty-two week low of $16.14 and a fifty-two week high of $21.30. The stock has a market cap of $1.97 billion, a P/E ratio of 155.97, a P/E/G ratio of 2.70 and a beta of 0.84. The business has a fifty day simple moving average of $20.20 and a 200-day simple moving average of $19.25. 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 (NYSE:NTST) last announced its quarterly earnings results on Monday, April 20th. The company reported $0.06 earnings per share 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. On average, analysts forecast that NETSTREIT will post 1.3 earnings per share for the current fiscal year.

NETSTREIT Increases Dividend

The business also recently disclosed 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. The ex-dividend date is Monday, June 1st. This represents a $3.52 dividend on an annualized basis and a yield of 17.4%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s dividend payout ratio (DPR) is 676.92%.

Insider Buying and Selling

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

Institutional Trading of NETSTREIT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its position in NETSTREIT by 3.4% during the 1st quarter. Principal Financial Group Inc. now owns 9,535,801 shares of the company’s stock worth $179,560,000 after purchasing an additional 309,453 shares in the last quarter. Vanguard Group Inc. boosted its stake in NETSTREIT by 7.8% in 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. Alyeska Investment Group L.P. boosted its stake in NETSTREIT by 171.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company’s stock worth $71,040,000 after buying an additional 2,544,458 shares during the last quarter. Hudson Bay Capital Management LP boosted its stake in NETSTREIT by 4.3% in the 4th quarter. Hudson Bay Capital Management LP now owns 3,956,426 shares of the company’s stock worth $69,791,000 after buying an additional 161,787 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in NETSTREIT by 88.8% in the 3rd quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock worth $68,450,000 after buying an additional 1,782,158 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.