Wedbush Forecasts NETSTREIT’s FY2026 Earnings (NYSE:NTST)

NETSTREIT Corp. (NYSE:NTST) – Investment analysts at Wedbush issued their FY2026 earnings estimates for NETSTREIT in a report released on Monday, March 3rd. Wedbush analyst J. Kornreich forecasts that the company will post earnings of $1.23 per share for the year. The consensus estimate for NETSTREIT’s current full-year earnings is $1.19 per share.

Several other research analysts also recently weighed in on the company. Capital One Financial assumed coverage on NETSTREIT in a research note on Wednesday, February 12th. They set an “overweight” rating on the stock. Scotiabank upgraded NETSTREIT from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $16.00 to $18.00 in a research note on Monday, November 11th. Mizuho decreased their price target on NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Raymond James dropped their price objective on shares of NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating for the company in a research note on Friday, January 17th. Finally, Stifel Nicolaus cut their price objective on shares of NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a report on Tuesday, November 5th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $17.75.

NETSTREIT Stock Performance

Shares of NTST opened at $14.91 on Wednesday. NETSTREIT has a 1 year low of $13.42 and a 1 year high of $18.97. The company’s 50 day simple moving average is $14.27 and its 200 day simple moving average is $15.40. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -248.38 and a beta of 1.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.11 and a current ratio of 4.11.

Institutional Trading of NETSTREIT

Institutional investors have recently modified their holdings of the company. Nordea Investment Management AB acquired a new position in NETSTREIT during the fourth quarter valued at approximately $6,714,000. JPMorgan Chase & Co. raised its stake in shares of NETSTREIT by 173.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 569,527 shares of the company’s stock valued at $9,414,000 after acquiring an additional 361,577 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of NETSTREIT by 1,931.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,615,264 shares of the company’s stock valued at $26,700,000 after acquiring an additional 1,535,761 shares in the last quarter. Vestcor Inc purchased a new stake in NETSTREIT during the 3rd quarter worth $913,000. Finally, Geode Capital Management LLC increased its holdings in NETSTREIT by 6.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,980,800 shares of the company’s stock valued at $32,748,000 after purchasing an additional 112,047 shares in the last quarter.

NETSTREIT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 5.64%. The ex-dividend date of this dividend is Friday, March 14th. NETSTREIT’s dividend payout ratio is currently -525.00%.

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.