NETSTREIT (NTST) to Release Quarterly Earnings on Monday

NETSTREIT (NYSE:NTST - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Monday, April 28th. Analysts expect NETSTREIT to post earnings of $0.31 per share and revenue of $44.21 million for the quarter.

NETSTREIT Price Performance

Shares of NTST traded down $0.45 during midday trading on Wednesday, hitting $16.00. The company's stock had a trading volume of 816,692 shares, compared to its average volume of 918,224. The company's fifty day simple moving average is $15.22 and its two-hundred day simple moving average is $15.12. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -266.62 and a beta of 0.91. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.57. NETSTREIT has a one year low of $13.42 and a one year high of $18.10.

NETSTREIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 5.25%. The ex-dividend date was Friday, March 14th. NETSTREIT's payout ratio is -525.00%.

Insider Activity at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer bought 3,616 shares of NETSTREIT stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of $15.22 per share, with a total value of $55,035.52. Following the completion of the acquisition, the chief executive officer now owns 295,252 shares in the company, valued at approximately $4,493,735.44. This represents a 1.24 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have bought 12,000 shares of company stock valued at $183,172. 0.58% of the stock is owned by insiders.

Analyst Ratings Changes

NTST has been the topic of several analyst reports. Mizuho upped their target price on NETSTREIT from $15.00 to $17.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Capital One Financial assumed coverage on shares of NETSTREIT in a report on Wednesday, February 12th. They set an "overweight" rating on the stock. Wells Fargo & Company started coverage on NETSTREIT in a report on Monday, April 7th. They issued an "overweight" rating and a $18.00 target price on the stock. Finally, Raymond James dropped their price target on shares of NETSTREIT from $19.00 to $17.00 and set a "strong-buy" rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, NETSTREIT has a consensus rating of "Buy" and a consensus target price of $18.03.

NETSTREIT Company Profile

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.