NETSTREIT (NTST) to Release Earnings on Monday

NETSTREIT (NYSE:NTST) is expected to issue its quarterly earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $42.59 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

NETSTREIT Price Performance

Shares of NTST stock opened at $14.30 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.11 and a quick ratio of 4.11. The company has a market capitalization of $1.17 billion, a P/E ratio of -238.29 and a beta of 1.00. The company’s 50-day simple moving average is $14.21 and its two-hundred day simple moving average is $15.45. NETSTREIT has a one year low of $13.42 and a one year high of $18.97.

Analyst Upgrades and Downgrades

NTST has been the topic of a number of research analyst reports. Mizuho dropped their target price on shares of NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Raymond James dropped their price objective on shares of NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus dropped their price objective on shares of NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Capital One Financial assumed coverage on shares of NETSTREIT in a research note on Wednesday, February 12th. They set an “overweight” rating on the stock. Finally, Scotiabank upgraded shares of NETSTREIT from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $16.00 to $18.00 in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, NETSTREIT currently has a consensus rating of “Buy” and an average price target of $17.75.

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.