NETSTREIT (NYSE:NTST) Stock Price Expected to Rise, Robert W. Baird Analyst Says

NETSTREIT (NYSE:NTST) had its price target upped by equities research analysts at Robert W. Baird from $22.00 to $23.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price objective indicates a potential upside of 3.86% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Truist Financial lifted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Weiss Ratings upgraded NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Stifel Nicolaus increased their target price on NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group initiated coverage on NETSTREIT in a report on Monday, June 1st. They issued a “buy” rating and a $23.00 target price on the stock. Finally, Citigroup reissued a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.68.

NETSTREIT Price Performance

Shares of NYSE:NTST opened at $22.14 on Thursday. The company has a market cap of $2.25 billion, a P/E ratio of 147.63, a P/E/G ratio of 2.81 and a beta of 0.82. 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 business has a fifty day simple moving average of $20.74 and a 200-day simple moving average of $20.01.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The company had revenue of $61.28 million for the quarter, compared to analyst estimates of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities research analysts forecast that NETSTREIT will post 1.31 EPS for the current year.

Insider Activity at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer bought 5,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were acquired at an average price of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares in the company, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

Large investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. raised its position in NETSTREIT by 171.6% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company’s stock valued at $71,040,000 after purchasing an additional 2,544,458 shares during the period. Millennium Management LLC boosted its position in shares of NETSTREIT by 88.8% in the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock worth $68,450,000 after buying an additional 1,782,158 shares during the period. Verition Fund Management LLC grew its stake in shares of NETSTREIT by 1,360.3% in the fourth quarter. Verition Fund Management LLC now owns 771,031 shares of the company’s stock valued at $13,601,000 after buying an additional 718,231 shares in the last quarter. BROOKFIELD Corp ON grew its stake in shares of NETSTREIT by 158.5% in the fourth quarter. BROOKFIELD Corp ON now owns 1,080,483 shares of the company’s stock valued at $19,060,000 after buying an additional 662,459 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of NETSTREIT by 1,058.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 648,318 shares of the company’s stock valued at $11,709,000 after buying an additional 592,335 shares during the period.

NETSTREIT Company Profile

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.