NETSTREIT (NTST) to Release Earnings on Monday

NETSTREIT (NYSE:NTST) is expected to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect NETSTREIT to post earnings of $0.31 per share and revenue of $44.21 million for the quarter.

NETSTREIT Price Performance

Shares of NETSTREIT stock opened at $15.60 on Friday. The firm has a market cap of $1.27 billion, a P/E ratio of -260.01 and a beta of 0.91. The firm’s 50-day simple moving average is $15.29 and its 200-day simple moving average is $15.12. NETSTREIT has a twelve month low of $13.42 and a twelve month high of $18.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.11 and a current ratio of 4.11.

NETSTREIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend was Friday, March 14th. NETSTREIT’s payout ratio is -525.00%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NTST shares. Mizuho increased their target price on NETSTREIT from $15.00 to $17.00 and gave the stock an “outperform” rating in a report on Thursday, April 3rd. Capital One Financial started coverage on NETSTREIT in a research note on Wednesday, February 12th. They set an “overweight” rating for the company. Raymond James reduced their target price 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. Finally, Wells Fargo & Company initiated coverage on shares of NETSTREIT in a research report on Monday, April 7th. They set an “overweight” rating and a $18.00 target price for the company. One analyst has rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, NETSTREIT presently has a consensus rating of “Buy” and an average price target of $18.03.

Insider Activity

In other news, CEO Mark Manheimer purchased 6,384 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of $15.33 per share, for a total transaction of $97,866.72. Following the completion of the acquisition, the chief executive officer now directly owns 304,572 shares in the company, valued at approximately $4,669,088.76. The trade was a 2.14 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 12,000 shares of company stock valued at $183,172 over the last three months. 0.58% of the stock is owned by insiders.

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.