NETSTREIT (NYSE:NTST) Stock Gets Price Target Reduction from Cantor Fitzgerald

NETSTREIT (NYSE:NTST) had its target price cut by Cantor Fitzgerald from $25.00 to $21.00 in a report issued on Friday, MarketBeat reports. They currently have an overweight rating on the stock.

NTST has been the subject of several other reports. Scotiabank decreased their price objective on NETSTREIT from $22.00 to $20.00 and set a “sector outperform” rating for the company in a report on Thursday, September 24th. Truist Financial began coverage on NETSTREIT in a research report on Thursday, October 1st. They set a “buy” rating and a $21.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of NETSTREIT in a research report on Friday, August 7th. Jefferies Financial Group reissued a “buy” rating and issued a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Finally, Mizuho dropped their price objective on shares of NETSTREIT from $20.00 to $19.00 and set an “outperform” rating on the stock in a research note on Monday, October 19th. Thirteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.94.

NETSTREIT Stock Performance

NYSE NTST opened at $17.31 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.77 and a quick ratio of 2.77. NETSTREIT has a 1 year low of $16.18 and a 1 year high of $22.47. The company has a market capitalization of $2.18 billion, a PE ratio of 78.70, a P/E/G ratio of 2.26 and a beta of 0.80. The company has a fifty day moving average of $18.78 and a two-hundred day moving average of $20.03.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings data on Wednesday, October 21st. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). NETSTREIT had a return on equity of 1.33% and a net margin of 9.18%. The firm had revenue of $66.26 million for the quarter, compared to analysts’ expectations of $60.55 million. As a group, analysts expect that NETSTREIT will post 1.29 earnings per share for the current year.

NETSTREIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.2250 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.90 annualized dividend and a yield of 5.2%. NETSTREIT’s dividend payout ratio is 409.09%.

Hedge Funds Weigh In On NETSTREIT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc grew its position in shares of NETSTREIT by 1,163.1% in the third quarter. Versant Capital Management Inc now owns 1,642 shares of the company’s stock valued at $29,000 after purchasing an additional 1,512 shares during the last quarter. GAMMA Investing LLC raised its position in shares of NETSTREIT by 62.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,967 shares of the company’s stock worth $35,000 after purchasing an additional 753 shares during the last quarter. Inspire Investing LLC raised its position in shares of NETSTREIT by 115,850.0% during the 3rd quarter. Inspire Investing LLC now owns 2,319 shares of the company’s stock worth $41,000 after purchasing an additional 2,317 shares during the last quarter. Parallel Advisors LLC raised its position in shares of NETSTREIT by 175.2% during the 1st quarter. Parallel Advisors LLC now owns 3,680 shares of the company’s stock worth $69,000 after purchasing an additional 2,343 shares during the last quarter. Finally, KBC Group NV purchased a new stake in NETSTREIT in the 1st quarter valued at approximately $78,000.

More NETSTREIT News

Here are the key news stories impacting NETSTREIT this week:

• Positive Sentiment: NETSTREIT raised its FY 2026 EPS guidance to $1.37–$1.39, above the consensus estimate of $1.30. The improved outlook is the strongest near-term catalyst because it suggests better-than-expected earnings performance.
• Positive Sentiment: The company declared a quarterly dividend of $0.225 per share, or $0.90 annualized, implying a yield of approximately 5.5%. The dividend supports the stock’s appeal to income-focused investors.
• Positive Sentiment: Third-quarter revenue reached $66.26 million, above the $60.55 million analyst estimate. Quarterly FFO was $0.35 per share, matching expectations and increasing from $0.33 a year earlier. NETSTREIT Third-Quarter Earnings Results
• Neutral Sentiment: Stifel Nicolaus lowered its price target from $23.50 to $21.25 but maintained a buy rating, while Cantor Fitzgerald cut its target from $25 to $21 and retained an overweight rating. Both firms still see more than 20% potential upside from recent trading levels.
• Negative Sentiment: NETSTREIT reported quarterly EPS of $0.08, below the $0.09 consensus estimate. The earnings miss, combined with relatively low profitability metrics, may limit enthusiasm despite the revenue beat and higher guidance. NETSTREIT Quarterly Earnings Report

NETSTREIT Company Profile

NETSTREIT Corp. is a real estate investment trust focused on owning and managing outpatient healthcare properties in the United States. The company invests primarily in facilities that provide essential medical services, including physician offices, ambulatory care centers and other outpatient healthcare locations.

NETSTREIT generally leases its properties to healthcare providers under long-term, triple-net lease agreements. Under these arrangements, tenants typically assume responsibility for property taxes, insurance and maintenance expenses.