NETSTREIT Corp. (NTST)
| Market Cap | 1.25B |
| Revenue (ttm) | 131.91M |
| Net Income (ttm) | 6.84M |
| Shares Out | 73.22M |
| EPS (ttm) | 0.11 |
| PE Ratio | 154.73 |
| Forward PE | 61.80 |
| Dividend | $0.82 (4.82%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 615,463 |
| Open | 17.09 |
| Previous Close | 17.16 |
| Day's Range | 16.86 - 17.12 |
| 52-Week Range | 13.49 - 18.97 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 18.25 (+7.23%) |
| Earnings Date | Apr 29, 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 $131.91 million, an increase of 37.00% compared to the previous year's $96.28 million. Earnings were $6.84 million, a decrease of -15.77%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for NTST stock is "Buy." The 12-month stock price forecast is $18.25, which is an increase of 7.23% from the latest price.
News
NETSTREIT Corp. Announces Dates for First 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 first quarter 20...
NETSTREIT Corp. Publishes Its Inaugural Corporate Responsibility Report
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced the release of its inaugural Corporate Responsibility Report. The report details NETSTREIT's ongoing commitment to...
NETSTREIT Reports Fourth Quarter and Full Year 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the fourth quarter and year ended December 31, 2023. “We're proud of our stron...
NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.
NETSTREIT Corp. Announces Closing of Forward Common Stock Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has closed its previously announced public offering of 11,040,000 shares of its common stock, which includes the full e...
NETSTREIT Corp. Announces Pricing of Upsized Forward Common Stock Offering
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has priced a public offering of 9,600,000 shares of its common stock at a public offering price of $18.00 per share in ...
NETSTREIT Corp. Announces Launch of Public Offering of Common Stock
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has commenced a public offering of 8,000,000 shares of its common stock in connection with the forward sale agreements ...
NETSTREIT Provides Fourth Quarter and Full Year 2023 Business Update
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today provided an update on the Company's fourth quarter and full year 2023 business activities. “With the Company completing $431...
NETSTREIT Reports Third Quarter 2023 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, 2023. “We are pleased to announce anothe...
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NETSTREIT Corp. Announces Dates for Third Quarter 2023 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 third quarter 2023 financial ...
NETSTREIT Reports Second Quarter 2023 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, 2023. “NETSTREIT had a strong second quarte...
NETSTREIT Corp. Announces $250.0 Million Term Loan and Amended and Extended $175.0 Million Term Loan
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) today announced the closing of a three-year $250.0 million sustainability-linked senior unsecured term loan facility with a 12-month delayed dr...
NETSTREIT Corp. Announces Dates for Second Quarter 2023 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 2023 financial...
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Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...
NETSTREIT Reports First Quarter 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) or (the “Company”), today announced financial and operating results for the first quarter ended March 31, 2023. “We are pleased to announce a soli...
NETSTREIT Corp. Announces Dates for First Quarter 2023 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 first quarter 2023 financial ...
NETSTREIT Announces Daniel Donlan as Chief Financial Officer
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), today announced the appointment of Daniel P. Donlan as its new Chief Financial Officer and Treasurer (“CFO”) effective April 10, ...
NETSTREIT Reports Fourth Quarter and Full Year 2022 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2022. “We are pleased to ...
NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2022 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 and full yea...
NETSTREIT Corp. Announces 2022 Tax Treatment of Distributions
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced the 2022 tax treatment of the Company's common stock...
NETSTREIT Reports Third Quarter 2022 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, 2022.
NETSTREIT Corp. Announces Third Quarter 2022 Earnings Release Date and Conference Call Information
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, announced today that it will release its third quarter 20...
NETSTREIT Corp. Announces Full Exercise of Underwriters' Option to Purchase Additional Shares
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) announced today that the underwriters of its previously announced public offering, which closed on August 8, 2022, have exercised ...
NETSTREIT Corp. Announces $600 Million Sustainability-Linked Credit Facility
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (“NTST” or the “Company”), announced today the closing of an inaugural $600 million sustainability-linked senior unsecured credit facility (the “C...