What is Wedbush's Estimate for NETSTREIT FY2026 Earnings?

NETSTREIT Corp. (NYSE:NTST - Free Report) - Research analysts at Wedbush issued their FY2026 earnings per share estimates for NETSTREIT in a report issued on Monday, March 3rd. Wedbush analyst J. Kornreich expects that the company will earn $1.23 per share for the year. The consensus estimate for NETSTREIT's current full-year earnings is $1.19 per share.

A number of other equities analysts also recently issued reports on NTST. Capital One Financial started coverage on NETSTREIT in a report on Wednesday, February 12th. They issued an "overweight" rating for the company. Scotiabank raised NETSTREIT from a "sector perform" rating to a "sector outperform" rating and upped their price target for the company from $16.00 to $18.00 in a report on Monday, November 11th. Truist Financial decreased their price objective on NETSTREIT from $20.00 to $19.00 and set a "buy" rating for the company in a report on Thursday, December 5th. Mizuho decreased their price objective on NETSTREIT from $17.00 to $15.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Finally, Raymond James decreased their price objective on NETSTREIT from $19.00 to $17.00 and set a "strong-buy" rating for the company in a report on Friday, January 17th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $17.75.

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NETSTREIT Stock Up 1.8 %

NTST traded up $0.27 on Wednesday, reaching $15.20. The company's stock had a trading volume of 858,805 shares, compared to its average volume of 835,359. The stock has a 50 day moving average of $14.32 and a two-hundred day moving average of $15.38. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of -253.21 and a beta of 0.99. NETSTREIT has a fifty-two week low of $13.42 and a fifty-two week high of $18.97.

NETSTREIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 5.53%. The ex-dividend date is Friday, March 14th. NETSTREIT's dividend payout ratio (DPR) is presently -525.00%.

Institutional Investors Weigh In On NETSTREIT

Several large investors have recently modified their holdings of the stock. DigitalBridge Group Inc. raised its stake in shares of NETSTREIT by 1,175.4% during the fourth quarter. DigitalBridge Group Inc. now owns 953,968 shares of the company's stock worth $13,499,000 after purchasing an additional 879,168 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in NETSTREIT by 4.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 115,503 shares of the company's stock worth $1,634,000 after acquiring an additional 5,070 shares in the last quarter. Two Sigma Advisers LP raised its position in NETSTREIT by 27.6% in the fourth quarter. Two Sigma Advisers LP now owns 543,500 shares of the company's stock worth $7,691,000 after acquiring an additional 117,700 shares in the last quarter. Toronto Dominion Bank purchased a new position in NETSTREIT in the fourth quarter worth $354,000. Finally, Nuveen Asset Management LLC raised its position in NETSTREIT by 19.9% in the fourth quarter. Nuveen Asset Management LLC now owns 2,155,193 shares of the company's stock worth $30,496,000 after acquiring an additional 357,678 shares in the last quarter.

About NETSTREIT

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.