NetSTREIT Corp. (NTST)

NYSE: NTST · IEX Real-Time Price · USD
19.07
-0.20 (-1.04%)
Jun 29, 2022 11:47 AM EDT - Market open
-1.04%
Market Cap 993.76M
Revenue (ttm) 68.54M
Net Income (ttm) 4.29M
Shares Out 52.11M
EPS (ttm) 0.10
PE Ratio 188.81
Forward PE n/a
Dividend $0.80 (4.20%)
Ex-Dividend Date May 31, 2022
Volume 99,596
Open 19.28
Previous Close 19.27
Day's Range 18.97 - 19.34
52-Week Range 18.50 - 26.93
Beta n/a
Analysts Buy
Price Target 26.62 (+39.6%)
Earnings Date Aug 4, 2022

About NTST

NETSTREIT 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 invest... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 13, 2020
Employees 19
Stock Exchange NYSE
Ticker Symbol NTST
Full Company Profile

Financial Performance

In 2021, NetSTREIT's revenue was $59.14 million, an increase of 75.35% compared to the previous year's $33.73 million. Earnings were $3.05 million, an increase of 317.26%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for NTST stock is "Buy." The 12-month stock price forecast is 26.62, which is an increase of 39.59% from the latest price.

Price Target
$26.62
(39.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NETSTREIT (NTST) Surpasses Q1 FFO and Revenue Estimates

NETSTREIT (NTST) delivered FFO and revenue surprises of 7.41% and 11.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NETSTREIT Reports First Quarter 2022 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, 2022. “We're excited about our first quart...

NETSTREIT Corp. Announces First 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 first quarter 2022...

NETSTREIT (NTST) Q4 FFO Meet Estimates

NETSTREIT (NTST) delivered FFO and revenue surprises of 0% and 8.01%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

NETSTREIT Reports Fourth Quarter and Full Year 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT (NYSE: NTST) (the “Company”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2021. “We are extremely proud of ...

NETSTREIT Corp. Announces 2021 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 2021 tax treatment of the Company's common stock dis...

NETSTREIT Corp. Announces Closing of Forward Common Stock Offering and Full Exercise of Underwriters' Option to Purch...

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has closed its previously announced public offering of 10,350,000 shares of its common stock, which includes the full exe...

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 9,000,000 shares of its common stock at a price to the public of $22.25 per share in conn...

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 de...

NETSTREIT Corp. Provides Update on Fourth Quarter and Full Year 2021 Business Activities

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today provided an update on the Company's fourth quarter an...

Netstreit Corp. Launches Company Esg Webpage

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, announced today that it has launched its ESG webpage showca...

NETSTREIT (NTST) Q3 FFO Lag Estimates

NETSTREIT (NTST) delivered FFO and revenue surprises of -4.00% and 3.98%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

NETSTREIT Reports Third Quarter 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT (NYSE: NTST) (the “Company”), today announced financial and operating results for the third quarter ended September 30, 2021. THIRD QUARTER 2021 HIGHLIGHTS Reported ne...

NETSTREIT Corp. Announces Third Quarter 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 2021...

NETSTREIT (NTST) Sees Hammer Chart Pattern: Time to Buy?

NETSTREIT (NTST) has been struggling lately, but the selling pressure may be coming to an end soon.

NETSTREIT Reports Second Quarter 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT (NYSE: NTST) (the “Company”), today announced financial and operating results for the second quarter ended June 30, 2021. “During the second quarter, we again generate...

NETSTREIT Corp. Provides Update on Second Quarter Business Activities

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today provided an update on the Company's second quarter bu...

NETSTREIT Corp (NTST) is Overbought: Is A Drop Coming?

NETSTREIT Corp. (NTST) has moved higher as of late, but there could definitely be trouble on the horizon for this company

NETSTREIT Reports First Quarter 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT (NYSE: NTST) (the “Company”), today announced financial and operating results for the first quarter ended March 31, 2021. “We are very pleased to have a strong start t...

NETSTREIT Corp. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters' Option to Pur...

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has closed its previously announced public offering of 10,915,688 shares of common stock, which includes the full exercis...

NETSTREIT Corp. Announces Pricing of Upsized Public Offering of Common Stock

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has priced a public offering of 9,491,903 shares of its common stock at a price to the public of $18.65 per share. The Co...

NETSTREIT Corp. Provides Update on First Quarter Business Activities and Increases External Growth Target for 2021

DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today provided an update on the Company's first quarter bus...

NETSTREIT Reports Fourth Quarter and Full Year 2020 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--NETSTREIT (NYSE: NTST) (the “Company”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. “2020 was a very important ...

NETSTREIT Corp. Announces 2020 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 2020 tax treatment of the Company's common stock dis...

NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2020 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 year 20...