NETSTREIT Corp. (NYSE:NTST) Receives $23.19 Consensus Target Price from Brokerages

Shares of NETSTREIT Corp. (NYSE:NTST) have been given an average recommendation of “Moderate Buy” by the fifteen research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $23.1923.

NTST has been the subject of several research reports. BTIG Research lifted their price objective on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Scotiabank cut their price objective on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Truist Financial boosted their target price on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, Robert W. Baird upped their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd.

NETSTREIT Stock Down 1.3%

NETSTREIT stock opened at $20.35 on Wednesday. The business’s 50-day simple moving average is $21.02 and its two-hundred day simple moving average is $20.41. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. The company has a market cap of $2.07 billion, a PE ratio of 135.67, a PEG ratio of 2.66 and a beta of 0.81. NETSTREIT has a fifty-two week low of $17.02 and a fifty-two week high of $22.47.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The firm had revenue of $61.28 million during the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities analysts anticipate that NETSTREIT will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.4%. NETSTREIT’s dividend payout ratio (DPR) is presently 586.67%.

Insider Activity

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NTST. Easterly Investment Partners LLC acquired a new stake in shares of NETSTREIT during the 4th quarter worth approximately $9,422,000. Dockside LLC acquired a new position in shares of NETSTREIT in the 2nd quarter valued at $1,202,000. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of NETSTREIT by 23.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company’s stock valued at $3,057,000 after purchasing an additional 32,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in NETSTREIT by 111.3% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after buying an additional 180,600 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its holdings in NETSTREIT by 3.4% during the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock worth $64,449,000 after buying an additional 120,170 shares in the last quarter.

About NETSTREIT

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.