NETSTREIT (NYSE:NTST) Releases Earnings Results, Beats Estimates By $0.27 EPS
by Scott Moore · The Cerbat GemNETSTREIT (NYSE:NTST – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.27, Zacks reports. NETSTREIT had a net margin of 3.54% and a return on equity of 0.51%. NETSTREIT updated its FY 2026 guidance to 1.360-1.390 EPS.
NETSTREIT Trading Up 0.4%
NETSTREIT stock traded up $0.07 during midday trading on Monday, reaching $20.91. The stock had a trading volume of 2,060,758 shares, compared to its average volume of 1,141,351. NETSTREIT has a twelve month low of $15.23 and a twelve month high of $21.30. The stock has a market capitalization of $2.03 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 3.25 and a beta of 0.88. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.12 and a current ratio of 3.12. The stock’s 50-day simple moving average is $19.94 and its 200 day simple moving average is $18.81.
NETSTREIT Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.22 dividend. The ex-dividend date was Monday, March 16th. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $0.88 dividend on an annualized basis and a yield of 4.2%. NETSTREIT’s payout ratio is 977.78%.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on NTST shares. BMO Capital Markets started coverage on shares of NETSTREIT in a research report on Friday. They issued an “outperform” rating and a $24.00 price objective for the company. Raymond James Financial lowered shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and boosted their price objective for the company from $21.00 to $22.00 in a research report on Tuesday, March 17th. UBS Group boosted their price objective on shares of NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Weiss Ratings reissued a “hold (c)” rating on shares of NETSTREIT in a research report on Friday, March 27th. Finally, Truist Financial boosted their price objective on shares of NETSTREIT from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and an average target price of $21.77.
Check Out Our Latest Analysis on NETSTREIT
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NTST. Loomis Sayles & Co. L P boosted its holdings 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 acquiring an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after acquiring an additional 1,640 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in NETSTREIT in the fourth quarter valued at $44,000. Inspire Investing LLC acquired a new position in NETSTREIT in the fourth quarter valued at $45,000. Finally, FIL Ltd acquired a new position in NETSTREIT in the fourth quarter valued at $104,000.
NETSTREIT Company Profile
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.