NETSTREIT Corp. (NYSE:NTST) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analyst sentiment is moderately bullish: Thirteen of 15 analysts rate NETSTREIT a buy, while two recommend holding the stock. The average 12-month price target is $23.19, above the reported share price of $19.66.
• NETSTREIT reported quarterly EPS of $0.06, missing the $0.08 consensus estimate, although revenue of $61.28 million exceeded expectations. The company maintained fiscal 2026 EPS guidance of $1.37 to $1.39.
• The REIT declared a quarterly dividend of $0.225, or $0.90 annually, representing a 4.6% yield. CEO Mark Manheimer also purchased 5,000 shares, while several institutional investors increased or initiated positions.

Shares of NETSTREIT Corp. (NYSE:NTST - Get Free Report) have received an average recommendation of "Moderate Buy" from the fifteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $23.1923.

Several research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. BTIG Research upped their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a "buy" rating in a report on Friday, June 26th. Scotiabank dropped their price target on NETSTREIT from $23.00 to $22.00 and set a "sector outperform" rating on the stock in a research report on Thursday, June 18th. Wells Fargo & Company boosted their price target on NETSTREIT from $22.00 to $23.00 and gave the company an "overweight" rating in a research report on Monday, June 1st. Finally, Cantor Fitzgerald upped their price objective on NETSTREIT from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th.

Insider Activity at NETSTREIT

In other news, CEO Mark Manheimer bought 5,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were acquired at an average price of $19.19 per share, with a total value of $95,950.00. Following the completion of the acquisition, the chief executive officer directly owned 415,260 shares in the company, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.66% of the company's stock.

Institutional Investors Weigh In On NETSTREIT

A number of hedge funds have recently added to or reduced their stakes in the company. WINTON GROUP Ltd purchased a new stake in NETSTREIT in the 2nd quarter valued at approximately $1,682,000. Arizona State Retirement System raised its stake in shares of NETSTREIT by 16.8% during the 2nd quarter. Arizona State Retirement System now owns 26,835 shares of the company's stock worth $567,000 after buying an additional 3,861 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of NETSTREIT in the 2nd quarter valued at approximately $5,806,000. California State Teachers Retirement System lifted its holdings in shares of NETSTREIT by 2,058.9% in the 2nd quarter. California State Teachers Retirement System now owns 2,327,512 shares of the company's stock valued at $49,180,000 after buying an additional 2,219,703 shares during the period. Finally, Two Sigma Securities LLC purchased a new stake in shares of NETSTREIT in the second quarter valued at approximately $396,000.

NETSTREIT Price Performance

Shares of NYSE NTST opened at $19.66 on Friday. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. NETSTREIT has a twelve month low of $17.02 and a twelve month high of $22.47. The stock has a 50 day moving average of $20.99 and a two-hundred day moving average of $20.48. The stock has a market cap of $2.00 billion, a P/E ratio of 131.10, a P/E/G ratio of 2.55 and a beta of 0.80.

NETSTREIT (NYSE:NTST - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.02). The business had revenue of $61.28 million for the quarter, compared to analysts' expectations 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. On average, research analysts forecast that NETSTREIT will post 1.3 earnings per share for the current year.

NETSTREIT Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 1st. NETSTREIT's dividend payout ratio (DPR) is 600.00%.

NETSTREIT Company Profile

NETSTREIT Corp. is a real estate investment trust (REIT) focused on owning and managing healthcare real estate in the United States. The company primarily invests in outpatient medical office properties that support essential healthcare services, including clinics, physician practices, specialty care facilities and other medical providers.

NETSTREIT generally leases its properties to healthcare systems, physician groups and other medical operators under long-term, net lease arrangements.

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