NETSTREIT (NYSE:NTST) Announces Earnings Results, Misses Estimates By $0.02 EPS

NETSTREIT (NYSE:NTST) posted its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02), FiscalAI reports. NETSTREIT had a return on equity of 0.98% and a net margin of 6.35%.The company had revenue of $61.28 million during the quarter, compared to analyst estimates of $56.41 million. NETSTREIT updated its FY 2026 guidance to 1.370-1.390 EPS.

NETSTREIT Stock Performance

Shares of NETSTREIT stock opened at $21.73 on Friday. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. The company has a market cap of $2.11 billion, a PE ratio of 144.89, a price-to-earnings-growth ratio of 2.78 and a beta of 0.82. The company has a 50 day moving average of $20.70 and a 200-day moving average of $19.99. NETSTREIT has a 1-year low of $17.02 and a 1-year high of $22.47.

NETSTREIT Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.225 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.1%. NETSTREIT’s dividend payout ratio is 676.92%.

Insider Buying and Selling

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

Institutional Investors Weigh In On NETSTREIT

A number of institutional investors and hedge funds have recently made changes to their positions in NTST. Alyeska Investment Group L.P. lifted its position in NETSTREIT by 171.6% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company’s stock valued at $71,040,000 after purchasing an additional 2,544,458 shares during the last quarter. Millennium Management LLC grew its holdings in shares of NETSTREIT by 88.8% in the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock worth $68,450,000 after purchasing an additional 1,782,158 shares during the last quarter. BROOKFIELD Corp ON grew its holdings in shares of NETSTREIT by 158.5% in the fourth quarter. BROOKFIELD Corp ON now owns 1,080,483 shares of the company’s stock worth $19,060,000 after purchasing an additional 662,459 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of NETSTREIT by 1,058.1% in the third quarter. Ameriprise Financial Inc. now owns 648,318 shares of the company’s stock worth $11,709,000 after buying an additional 592,335 shares during the period. Finally, Adage Capital Partners GP L.L.C. raised its holdings in NETSTREIT by 96.2% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,162,949 shares of the company’s stock valued at $19,689,000 after buying an additional 570,094 shares during the last quarter.

More NETSTREIT News

Here are the key news stories impacting NETSTREIT this week:

• Positive Sentiment: Robert W. Baird raised its price target on NETSTREIT to $23 from $22 and kept an “outperform” rating, signaling continued upside confidence in the stock. Benzinga source
• Positive Sentiment: NETSTREIT beat Zacks’ FFO estimate, reporting quarterly FFO of $0.35 per share versus expectations of $0.34, which is a key profitability measure for REITs. Zacks article
• Positive Sentiment: The company raised FY 2026 EPS guidance to $1.370-$1.390, above the consensus estimate of $1.31, suggesting management sees stronger full-year earnings than the market expected.
• Positive Sentiment: NETSTREIT also announced a quarterly dividend of $0.225 per share, underscoring its income appeal for REIT investors and implying an annualized yield of about 4.2%.
• Neutral Sentiment: Quarterly EPS came in at $0.06, missing the $0.08 consensus, but revenue of $61.28 million topped expectations of $56.41 million, making the headline results mixed rather than clearly negative.
• Neutral Sentiment: Management said the portfolio remained 100% occupied and the balance sheet was in excellent condition, which supports stability but does not appear to be a near-term catalyst by itself. Business Wire release

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Jefferies Financial Group began coverage on shares of NETSTREIT in a report on Monday, June 1st. They issued a “buy” rating and a $23.00 price target for the company. BMO Capital Markets boosted their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday. UBS Group set a $22.00 price objective on NETSTREIT in a report on Thursday, June 18th. Finally, Weiss Ratings raised NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and a consensus target price of $22.68.

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.