NETSTREIT (NYSE:NTST) Releases FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.300-1.310 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NTST. Truist Financial lifted their price target on NETSTREIT from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Robert W. Baird upped their price target on shares of NETSTREIT from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Stifel Nicolaus lifted their price objective on shares of NETSTREIT from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Mizuho increased their target price on NETSTREIT from $17.00 to $20.00 and gave the company an “outperform” rating in a report on Thursday, September 11th. Finally, Berenberg Bank began coverage on NETSTREIT in a report on Monday, October 13th. They set a “buy” rating and a $22.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $20.55.

NETSTREIT Stock Down 1.4%

NETSTREIT stock opened at $17.25 on Wednesday. NETSTREIT has a twelve month low of $13.42 and a twelve month high of $19.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.85 and a current ratio of 3.85. The firm has a market cap of $1.44 billion, a PE ratio of -1,724,500.00, a P/E/G ratio of 3.73 and a beta of 0.90. The firm’s 50 day moving average price is $18.33 and its two-hundred day moving average price is $17.94.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings results on Monday, October 27th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.32). NETSTREIT had a net margin of 0.10% and a return on equity of 0.01%. The company had revenue of $48.31 million for the quarter, compared to analysts’ expectations of $47.78 million. NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. On average, research analysts predict that NETSTREIT will post 1.19 EPS for the current fiscal year.

NETSTREIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a dividend of $0.215 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.0%.

Hedge Funds Weigh In On NETSTREIT

A number of hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in NETSTREIT by 343.1% during the first quarter. Royal Bank of Canada now owns 36,730 shares of the company’s stock valued at $582,000 after acquiring an additional 28,441 shares in the last quarter. Amundi increased its stake in shares of NETSTREIT by 1.6% during the 1st 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of NETSTREIT by 10.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company’s stock valued at $773,000 after purchasing an additional 4,501 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of NETSTREIT by 3.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company’s stock valued at $7,915,000 after purchasing an additional 17,188 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in NETSTREIT by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company’s stock worth $8,995,000 after purchasing an additional 42,121 shares in the last quarter.

NETSTREIT Company Profile

NETSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.