NETSTREIT (NTST) Set to Announce Earnings on Monday

NETSTREIT (NYSE:NTST) is scheduled to be posting its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect NETSTREIT to post earnings of $0.29 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

NETSTREIT Stock Down 0.1 %

NYSE:NTST opened at $17.00 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of 154.56, a price-to-earnings-growth ratio of 3.54 and a beta of 0.97. The stock has a 50 day moving average of $17.28 and a 200-day moving average of $16.87. NETSTREIT has a 52 week low of $13.49 and a 52 week high of $18.97. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.47.

NETSTREIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date was Thursday, March 14th. NETSTREIT’s dividend payout ratio (DPR) is 745.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho increased their price target on NETSTREIT from $18.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Wolfe Research upgraded NETSTREIT from a “peer perform” rating to an “outperform” rating and set a $22.00 price objective for the company in a research report on Tuesday, January 2nd. Finally, KeyCorp upgraded NETSTREIT from an “underweight” rating to a “sector weight” rating in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $18.11.

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.