Cantor Fitzgerald Issues Positive Forecast for NETSTREIT (NYSE:NTST) Stock Price

by · The Markets Daily

NETSTREIT (NYSE:NTST – Get Free Report) had its price target hoisted by research analysts at Cantor Fitzgerald from $24.00 to $25.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 14.39% from the company’s current price.

NTST has been the topic of a number of other research reports. Wells Fargo & Company raised their price objective on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank cut their target price on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Robert W. Baird boosted their price target on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Jefferies Financial Group assumed coverage on NETSTREIT in a research report on Monday, June 1st. They set a “buy” rating and a $23.00 price target for the company. Finally, Citigroup reiterated a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $23.04.

View Our Latest Research Report on NTST

NETSTREIT Stock Down 1.6%

NTST stock opened at $21.86 on Tuesday. The stock has a 50-day simple moving average of $20.76 and a two-hundred day simple moving average of $20.06. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $2.22 billion, a PE ratio of 145.70, a PEG ratio of 2.86 and a beta of 0.82. NETSTREIT has a twelve month low of $17.02 and a twelve month high of $22.47.

NETSTREIT (NYSE:NTST – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $0.06 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. On average, equities analysts predict that NETSTREIT will post 1.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Mark Manheimer bought 5,000 shares of the stock in a transaction on Thursday, June 18th. The shares were bought at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.66% of the company’s stock.

Hedge Funds Weigh In On NETSTREIT

Several hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of NETSTREIT by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,539 shares of the company’s stock worth $85,000 after acquiring an additional 549 shares during the last quarter. CWM LLC boosted its stake in shares of NETSTREIT by 9.8% in the fourth quarter. CWM LLC now owns 6,841 shares of the company’s stock valued at $121,000 after purchasing an additional 608 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after buying an additional 650 shares in the last quarter. Amundi boosted its position in NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company’s stock valued at $709,000 after buying an additional 704 shares during the last quarter. Finally, Mariner LLC lifted its stake in shares of NETSTREIT by 3.6% in the fourth quarter. Mariner LLC now owns 20,725 shares of the company’s stock worth $366,000 after acquiring an additional 722 shares in the last quarter.

About NETSTREIT

(Get Free Report)

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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