NETSTREIT Corp. (NTST)

NYSE: NTST · Real-Time Price · USD
14.57
+0.10 (0.69%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.69%
Market Cap 1.19B
Revenue (ttm) 155.55M
Net Income (ttm) -4.60M
Shares Out 82.01M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE 59.28
Dividend $0.84 (5.77%)
Ex-Dividend Date Dec 2, 2024
Volume 828,303
Open 14.54
Previous Close 14.47
Day's Range 14.46 - 14.74
52-Week Range 13.42 - 18.97
Beta 0.98
Analysts Strong Buy
Price Target 17.75 (+21.83%)
Earnings Date Feb 24, 2025

About NTST

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. Led by a management team of seasoned commercial real estate executives, NETSTREIT’s strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its ... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Aug 13, 2020
Employees 28
Stock Exchange NYSE
Ticker Symbol NTST
Full Company Profile

Financial Performance

In 2023, NETSTREIT's revenue was $131.36 million, an increase of 36.43% compared to the previous year's $96.28 million. Earnings were $6.84 million, a decrease of -15.77%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NTST stock is "Strong Buy." The 12-month stock price forecast is $17.75, which is an increase of 21.83% from the latest price.

Price Target
$17.75
(21.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NETSTREIT: Undervalued, Underrated, And Ready To Perform

NETSTREIT, a small REIT with a focus on high-quality, single-tenant properties, offers strong financial flexibility, robust balance sheet, and 100% occupancy and rent collection rates. Despite tenant ...

11 hours ago - Seeking Alpha

NETSTREIT Corp. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced that it will release its fourth quarter 2024 financial...

4 days ago - Business Wire

NETSTREIT Corp. Announces $275.0 Million in Additional Financing Commitments and Amendments to Existing Credit Facilities

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced the closing of $275.0 million in additional financing commitments and amendments to its existing credit facilities...

4 days ago - Business Wire

Netstreit: High Quality Portfolio Trading Near New Lows

NETSTREIT Corp. owns and operates single-tenant net lease retail properties across a wide U.S. footprint. The portfolio composition is weighted heavily toward necessity and discount-based retailers, t...

12 days ago - Seeking Alpha

Dirt Cheap And Up To 6% Yield - 3 Dividend Picks You Can't Miss

I am increasingly focusing on higher-yielding dividend stocks due to the need for income, especially for older and retired investors. With the market's high valuation, future returns will likely rely ...

Other symbols: KIMO
23 days ago - Seeking Alpha

1 REIT To Sell And 1 Strong Buy

Not all REITs are equal. The asset quality can differ greatly from one REIT to another. I highlight a good example of that.

Other symbols: NNN
27 days ago - Seeking Alpha

December's 5 Dividend Growth Stocks With 4.51%+ Yields

Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, startin...

Other symbols: ADCARECNQNWEOUPSXLRE
4 weeks ago - Seeking Alpha

Up To 8% Yields: 2 Worry-Free Dividend Stocks For Durable Income

Obsessing over short-term market moves leads to emotional investing and missed gains. This article stresses a long-term approach and managing investment anxiety for better results. Long-term focus and...

Other symbols: OSOBO
4 weeks ago - Seeking Alpha

Netstreit: 2 Reasons Not To Buy This REIT As Real Estate Rebounds

NETSTREIT's Q3 earnings showed growth in revenue and portfolio, but the REIT continues to underperform compared to top sector peers. Portfolio quality issues, particularly high exposure to dollar stor...

2 months ago - Seeking Alpha

NETSTREIT Corp. (NTST) Q3 2024 Earnings Call Transcript

NETSTREIT Corp. (NYSE:NTST) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Amy An - Investor Relations Mark Manheimer - Chief Executive Officer Dan Donlan - Chief ...

2 months ago - Seeking Alpha

NETSTREIT Reports Third Quarter 2024 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the third quarter ended September 30, 2024. “We are pleased to announce our hi...

2 months ago - Business Wire

U.S. REITs Log Dip In Short Interest In September

Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...

3 months ago - Seeking Alpha

This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: PCGESISHLSTKR
3 months ago - Benzinga

Top 3 Real Estate Stocks That May Explode This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: LINEPLD
3 months ago - Benzinga

NETSTREIT Corp. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced that it will release its third quarter 20...

3 months ago - Business Wire

REITs Are Back! 3 Gems To Buy Before Everyone Else Does

The $22.5 trillion U.S. commercial real estate market is showing signs of recovery, fueled by improved lending conditions and rebounding property prices. Lower rates and rebounding liquidity could sup...

Other symbols: REXRVICI
4 months ago - Seeking Alpha

NETSTREIT: A Solid Dividend And Significant Undervaluation

NETSTREIT is a net-lease retail REIT that operates on a national scale. The REIT's portfolio is well-diversified, and its long-term leases enhance cash flow predictability. Recent performance shows si...

4 months ago - Seeking Alpha

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...

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4 months ago - Seeking Alpha

If I Was Retiring In 10-20 Years With 10 REITs - Part 3

The Federal Reserve is expected to cut interest rates, benefiting REITs, which have shown strong performance and offer attractive investment opportunities for long-term growth. NETSTREIT, Kite Realty,...

Other symbols: KRGPLYMVICI
4 months ago - Seeking Alpha

Netstreit: Agree Realty 2.0 Or Potential Takeover Target?

NETSTREIT Corp. is a retail-focused REIT with similarities to Agree Realty but with differences in tenant exposure and investment spreads. The company's financial performance has been solid, with grow...

Other symbols: ADC
5 months ago - Seeking Alpha

Netstreit Has Become More Compelling (Rating Upgrade)

NETSTREIT is a small triple-net lease, retail/service-oriented REIT with properties across 45 states. The Company is not as popular as its larger peers. NTST delivered solid Q2 2024 results and upheld...

5 months ago - Seeking Alpha

2 'Under The Radar' REITs Up To 40% Undervalued

The purpose of this article isn't to make the case that a recession will happen. What matters is that the pressure on the Fed is rising to finally cut rates, and to figure out what happens when the Fe...

Other symbols: PLYM
5 months ago - Seeking Alpha

NETSTREIT Corp. (NTST) Q2 2024 Earnings Call Transcript

NETSTREIT Corp. (NYSE:NTST) Q2 2024 Earnings Call Transcript July 30, 2024 11:00 AM ET Company Participants Amy An - IR Mark Manheimer - CEO Dan Donlan - CFO Conference Call Participants Wes Golladay...

6 months ago - Seeking Alpha

NETSTREIT Reports Second Quarter 2024 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the second quarter ended June 30, 2024. “I am pleased to report we completed $...

6 months ago - Business Wire

Netstreit: Worth Holding, But There Are Better Alternatives

NETSTREIT is worth holding due to strong business metrics, well-covered dividends, no debt maturing until 2027, reasonable valuation, investment-grade tenants, and impressive AFFO per share growth. Ho...

6 months ago - Seeking Alpha