NETSTREIT Corp. (NTST)
| Market Cap | 1.31B |
| Revenue (ttm) | 155.00M |
| Net Income (ttm) | -4.60M |
| Shares Out | 82.01M |
| EPS (ttm) | -0.06 |
| PE Ratio | n/a |
| Forward PE | 67.09 |
| Dividend | $0.84 (5.26%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 1,379,412 |
| Open | 15.80 |
| Previous Close | 15.94 |
| Day's Range | 15.80 - 16.04 |
| 52-Week Range | 15.02 - 18.97 |
| Beta | 0.95 |
| Analysts | Strong Buy |
| Price Target | 18.73 (+17.21%) |
| Earnings Date | Nov 4, 2024 |
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]
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 StatementsAnalyst Forecast
According to 11 analysts, the average rating for NTST stock is "Strong Buy." The 12-month stock price forecast is $18.73, which is an increase of 17.21% from the latest price.
News
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...
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 ...
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...
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...
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.
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.
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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 $...
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...
Thinking Outside The (Net Lease REIT) Box
Thinking outside the box involves looking at problems from a different perspective, such as using virtual reality to stimulate creativity. Realty Income has grown into a $73 billion REIT by thinking o...
NETSTREIT Corp. Announces Dates for Second 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 second quarter 2024 financial...
Netstreit: Still A REIT With A Significant, Double-Digit Upside
NETSTREIT has a conservative portfolio with 100% occupancy and rent collection, making it a low-risk investment. The company's small size doesn't hinder its growth potential, and it continues to find ...
3 Of My Favorite Net Lease REITs Plus A Bonus Pick
I began my career by leasing out shopping centers and industrial flex space, and then I decided to get a taste of being a landlord. In 2009, due to a failed business partnership as well as the "Great ...
These 3 Real Estate Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Agree Realty (NYSE:ADC), CubeSmart (NYSE:CUBE)
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...
Triple Net REITs Mispriced As Tenancy Shifts
There is significant mispricing among triple net REITs due to a lack of consideration for changing the tenant landscape. Net store openings indicate positive occupancy and rental rates, but some REITs...
Netstreit: There Are More Attractive Opportunities Given Its Valuation
NTST is a triple net lease REIT focused on retail/service-oriented properties. Despite a decline in stock price, NTST's P/FFO multiple remains high. The business looks relatively well, but there are b...
Net Lease REIT Chart Comparison
Net lease REITs have performed better than other types of REITs despite rising interest rates. AFFO multiples are the primary method for valuing net lease REITs. These charts allow us to compare the s...