Key Points
- NETSTREIT CFO Daniel Donlan bought 1,200 shares at an average price of $20.12, investing $24,144 and increasing his direct holdings by 2.75% to 44,862 shares.
- NETSTREIT reported quarterly EPS of $0.06, below the $0.08 analyst consensus, though revenue of $61.28 million exceeded estimates. The company issued fiscal 2026 EPS guidance of $1.37–$1.39.
- The company declared a quarterly dividend of $0.225 per share, equivalent to a 4.5% annualized yield, while analysts maintain a “Moderate Buy” consensus with an average price target of $23.19.
NETSTREIT Corp. (NYSE:NTST - Get Free Report) CFO Daniel Donlan purchased 1,200 shares of NETSTREIT stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average cost of $20.12 per share, for a total transaction of $24,144.00. Following the completion of the transaction, the chief financial officer directly owned 44,862 shares in the company, valued at $902,623.44. This represents a 2.75% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.
NETSTREIT Stock Up 0.3%
Shares of NYSE:NTST opened at $20.16 on Wednesday. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 134.37, a price-to-earnings-growth ratio of 2.61 and a beta of 0.80. The company has a 50 day moving average of $21.08 and a two-hundred day moving average of $20.49. NETSTREIT Corp. has a 52-week low of $17.02 and a 52-week high of $22.47. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88.
NETSTREIT (NYSE:NTST - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.02). The firm had revenue of $61.28 million for the quarter, compared to analyst estimates 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, analysts forecast that NETSTREIT Corp. will post 1.3 earnings per share for the current fiscal year.
NETSTREIT Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT's payout ratio is presently 600.00%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of NETSTREIT in the 2nd quarter valued at approximately $404,780,000. Bank of America Corp DE bought a new position in NETSTREIT during the second quarter worth $63,046,000. Alyeska Investment Group L.P. lifted its stake in NETSTREIT by 171.6% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company's stock worth $71,040,000 after purchasing an additional 2,544,458 shares during the last quarter. California State Teachers Retirement System boosted its holdings in NETSTREIT by 2,058.9% in the second quarter. California State Teachers Retirement System now owns 2,327,512 shares of the company's stock worth $49,180,000 after purchasing an additional 2,219,703 shares during the period. Finally, Deutsche Bank AG acquired a new position in NETSTREIT in the second quarter worth $44,589,000.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on NTST shares. Scotiabank dropped their price objective on NETSTREIT from $23.00 to $22.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Robert W. Baird raised their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. BTIG Research lifted their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a "buy" rating in a research note on Friday, June 26th. Cantor Fitzgerald upped their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the company an "overweight" rating in a report on Tuesday, July 28th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of NETSTREIT in a report on Friday, August 7th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, NETSTREIT currently has an average rating of "Moderate Buy" and an average price target of $23.19.
Get Our Latest Analysis on NETSTREIT
About NETSTREIT
(
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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