NETSTREIT (NTST) Scheduled to Post Earnings on Monday

NETSTREIT (NYSE:NTST) is scheduled to be releasing its earnings data after the market closes on Monday, April 29th. Analysts expect NETSTREIT to post earnings of $0.29 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

NETSTREIT Price Performance

NTST stock opened at $17.00 on Friday. The stock has a market capitalization of $1.25 billion, a PE ratio of 154.56, a price-to-earnings-growth ratio of 3.54 and a beta of 0.97. The company’s 50-day moving average is $17.28 and its 200-day moving average is $16.87. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.25 and a quick ratio of 3.25. NETSTREIT has a 1 year low of $13.49 and a 1 year high of $18.97.

NETSTREIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.205 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.82 annualized dividend and a yield of 4.82%. NETSTREIT’s payout ratio is 745.52%.

Analyst Ratings Changes

NTST has been the topic of several recent research reports. Mizuho raised their price target on shares of NETSTREIT from $18.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. KeyCorp upgraded shares of NETSTREIT from an “underweight” rating to a “sector weight” rating in a research note on Thursday, February 1st. Finally, Wolfe Research upgraded shares of NETSTREIT from a “peer perform” rating to an “outperform” rating and set a $22.00 price target for the company in a research note on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.11.

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.