Key Points
- CFO Daniel Donlan bought 1,000 NETSTREIT shares on Dec. 19 at $17.40 each for $17,400, raising his stake to 25,075 shares (a 4.15% increase), as disclosed in an SEC filing.
- NETSTREIT pays an annualized dividend of $0.86 for a 4.9% yield and trades near $17.55 (52-week range $13.42–$19.64); the company recently missed quarterly EPS ($0.01 vs. $0.33 consensus) but set FY2025 guidance of 1.29–1.31 EPS.
- Analyst sentiment is broadly positive, with a MarketBeat consensus of "Moderate Buy" and an average price target of $20.45, supported by multiple buy/outperform ratings.
NETSTREIT Corp. (NYSE:NTST - Get Free Report) CFO Daniel Donlan purchased 1,000 shares of NETSTREIT stock in a transaction on Friday, December 19th. The shares were acquired at an average cost of $17.40 per share, for a total transaction of $17,400.00. Following the purchase, the chief financial officer owned 25,075 shares in the company, valued at approximately $436,305. This trade represents a 4.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
NETSTREIT Stock Performance
NETSTREIT stock opened at $17.55 on Tuesday. The firm has a market capitalization of $1.47 billion, a P/E ratio of -1,754,700.00, a PEG ratio of 3.72 and a beta of 0.90. The stock has a fifty day moving average price of $18.25 and a 200 day moving average price of $17.97. NETSTREIT Corp. has a 52 week low of $13.42 and a 52 week high of $19.64. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.84.
NETSTREIT (NYSE:NTST - Get Free Report) last issued its quarterly earnings results on Monday, October 27th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.32). NETSTREIT had a return on equity of 0.01% and a net margin of 0.10%.The business had revenue of $48.31 million during the quarter, compared to analyst estimates of $47.78 million. NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. Equities research analysts anticipate that NETSTREIT Corp. will post 1.19 earnings per share for the current year.
NETSTREIT Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.86 annualized dividend and a yield of 4.9%.
Institutional Trading of NETSTREIT
Several large investors have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in shares of NETSTREIT by 11.8% during the first quarter. Invesco Ltd. now owns 276,723 shares of the company's stock worth $4,386,000 after purchasing an additional 29,248 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of NETSTREIT by 4.4% during the 1st quarter. American Century Companies Inc. now owns 25,465 shares of the company's stock valued at $404,000 after buying an additional 1,065 shares during the period. Northern Trust Corp raised its holdings in shares of NETSTREIT by 1.5% during the 1st quarter. Northern Trust Corp now owns 895,119 shares of the company's stock valued at $14,188,000 after buying an additional 13,431 shares during the period. Hsbc Holdings PLC lifted its position in NETSTREIT by 79.8% during the 1st quarter. Hsbc Holdings PLC now owns 136,582 shares of the company's stock worth $2,168,000 after acquiring an additional 60,609 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in NETSTREIT by 1,992.5% in the 1st quarter. MetLife Investment Management LLC now owns 1,023,171 shares of the company's stock worth $16,217,000 after acquiring an additional 974,275 shares during the period.
Wall Street Analyst Weigh In
NTST has been the topic of a number of research analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of NETSTREIT in a report on Monday, December 15th. Cantor Fitzgerald initiated coverage on NETSTREIT in a report on Wednesday, October 1st. They issued an "overweight" rating and a $21.00 target price on the stock. Robert W. Baird boosted their price target on NETSTREIT from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Tuesday, October 28th. Berenberg Bank assumed coverage on NETSTREIT in a research note on Monday, October 13th. They set a "buy" rating and a $22.00 price target for the company. Finally, Stifel Nicolaus lifted their price objective on NETSTREIT from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, NETSTREIT currently has an average rating of "Moderate Buy" and an average price target of $20.45.
Read Our Latest Stock Report on NETSTREIT
NETSTREIT Company Profile
(
Get Free Report)
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.
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