NETSTREIT Corp. (NYSE:NTST) Receives Consensus Rating of “Moderate Buy” from Analysts

NETSTREIT Corp. (NYSE:NTST) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $22.6786.

Several brokerages recently commented on NTST. Jefferies Financial Group assumed coverage on shares of NETSTREIT in a report on Monday, June 1st. They issued a “buy” rating and a $23.00 price target for the company. BTIG Research upped their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Cantor Fitzgerald lifted their price objective on NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. UBS Group set a $22.00 price objective on NETSTREIT in a research note on Thursday, June 18th. Finally, Wells Fargo & Company raised their target price on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, June 1st.

Insider Activity

In other NETSTREIT news, CEO Mark Manheimer bought 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The stock was acquired at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the transaction, the chief executive officer directly owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. This represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.66% of the stock is owned by insiders.

Institutional Trading of NETSTREIT

Hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC lifted its stake in NETSTREIT by 175.2% in the 1st quarter. Parallel Advisors LLC now owns 3,680 shares of the company’s stock worth $69,000 after purchasing an additional 2,343 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of NETSTREIT by 12.2% during the 1st quarter. Bank of America Corp DE now owns 3,433,461 shares of the company’s stock worth $64,652,000 after purchasing an additional 372,337 shares during the last quarter. Amundi grew its position in shares of NETSTREIT by 35.4% in the first quarter. Amundi now owns 65,346 shares of the company’s stock valued at $1,230,000 after purchasing an additional 17,074 shares in the last quarter. California State Teachers Retirement System grew its position in shares of NETSTREIT by 36.7% in the first quarter. California State Teachers Retirement System now owns 107,809 shares of the company’s stock valued at $2,030,000 after purchasing an additional 28,924 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of NETSTREIT by 14.2% in the first quarter. The Manufacturers Life Insurance Company now owns 40,776 shares of the company’s stock valued at $768,000 after purchasing an additional 5,084 shares during the last quarter.

NETSTREIT Price Performance

NYSE:NTST opened at $22.14 on Friday. The company has a quick ratio of 2.84, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. NETSTREIT has a 52 week low of $17.02 and a 52 week high of $22.47. The stock’s 50-day moving average price is $20.74 and its 200-day moving average price is $20.01. The stock has a market capitalization of $2.25 billion, a PE ratio of 147.63, a price-to-earnings-growth ratio of 2.81 and a beta of 0.82.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities analysts expect that NETSTREIT will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT’s payout ratio is 676.92%.

About NETSTREIT

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.