NETSTREIT Corp. (NTST)

NYSE: NTST · IEX Real-Time Price · USD
16.28
-0.03 (-0.18%)
At close: Sep 25, 2023, 4:00 PM
16.26
-0.02 (-0.12%)
Pre-market: Sep 26, 2023, 7:15 AM EDT
-0.18%
Market Cap 1.09B
Revenue (ttm) 113.39M
Net Income (ttm) 4.87M
Shares Out 66.99M
EPS (ttm) 0.10
PE Ratio 162.80
Forward PE 165.11
Dividend $0.82 (5.04%)
Ex-Dividend Date Aug 31, 2023
Volume 338,517
Open 16.22
Previous Close 16.31
Day's Range 16.18 - 16.35
52-Week Range 16.13 - 20.64
Beta 0.90
Analysts Buy
Price Target 21.33 (+31.02%)
Earnings Date Oct 26, 2023

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 30
Stock Exchange NYSE
Ticker Symbol NTST
Full Company Profile

Financial Performance

In 2022, NetSTREIT's revenue was $96.28 million, an increase of 62.80% compared to the previous year's $59.14 million. Earnings were $8.12 million, an increase of 166.48%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NTST stock is "Buy." The 12-month stock price forecast is $21.33, which is an increase of 31.02% from the latest price.

Price Target
$21.33
(31.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

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...

3 months ago - Market Watch

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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, ...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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.

11 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 $20.20 per share in co...

1 year ago - Business Wire

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 7,500,000 shares of its common stock in connection with the forward sale agreements ...

1 year ago - Business Wire

NETSTREIT Reports Second Quarter 2022 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, 2022. “I continue to be pleased with our te...

1 year ago - Business Wire

NETSTREIT Corp. Announces Second 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 second quarter 2...

1 year ago - Business Wire

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 qua...

1 year ago - Business Wire

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 20...

1 year ago - Business Wire

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 o...

1 year ago - Business Wire

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 d...

1 year ago - Business Wire

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 10,350,000 shares of its common stock, which includes the full e...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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 show...

2 years ago - Business Wire