NETSTREIT Corp. (NYSE:NTST – Get Free Report) CFO Daniel Donlan bought 1,200 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were acquired at an average price of $20.12 per share, for a total transaction of $24,144.00. Following the completion of the transaction, the chief financial officer owned 44,862 shares in the company, valued at $902,623.44. This trade represents a 2.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.
NETSTREIT Trading Down 1.5%
NTST opened at $19.73 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The company’s 50 day moving average price is $21.02 and its two-hundred day moving average price is $20.49. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 131.57, a PEG ratio of 2.60 and a beta of 0.80.
NETSTREIT (NYSE:NTST – Get Free Report) last released its quarterly earnings results 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). The business had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, research analysts predict that NETSTREIT Corp. will post 1.3 earnings per share for the current year.
NETSTREIT Cuts Dividend
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Loomis Sayles & Co. L P increased its stake in NETSTREIT by 959.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after purchasing an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of NETSTREIT during the 4th quarter worth about $44,000. Inspire Investing LLC acquired a new stake in shares of NETSTREIT in the 4th quarter valued at about $45,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of NETSTREIT in the 4th quarter valued at about $64,000.
Wall Street Analysts Forecast Growth
NTST has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a research note on Friday, August 7th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Robert W. Baird upped their target price on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. BTIG Research increased their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Finally, UBS Group set a $22.00 price target on shares of NETSTREIT in a report on Thursday, June 18th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, NETSTREIT has an average rating of “Moderate Buy” and an average price target of $23.19.
Get Our Latest Stock Report on NTST
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.
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