NETSTREIT (NYSE:NTST) CFO Daniel Donlan Buys 1,200 Shares of Stock

Key Points

• NETSTREIT CFO Daniel Donlan purchased 1,200 shares at an average price of $20.12, investing $24,144 and increasing his direct ownership by 2.75% to 44,862 shares.
• NETSTREIT shares recently traded around $20.20, while analysts maintained a largely positive outlook: 13 rate the stock Buy and two Hold, with a consensus price target of $23.19.
• The company reported quarterly revenue of $61.28 million but missed earnings estimates, posting $0.06 per share versus the expected $0.08. It declared a quarterly dividend of $0.225 per share, equal to a 4.5% annualized yield.

NETSTREIT Corp. (NYSE:NTST - Get Free Report) CFO Daniel Donlan acquired 1,200 shares of the company's stock in a transaction dated Friday, September 4th. The stock was 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 of the company's stock, valued at approximately $902,623.44. This trade represents a 2.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

NETSTREIT Stock Performance

Shares of NYSE NTST traded up $0.11 during mid-day trading on Tuesday, reaching $20.20. 101,951 shares of the company were exchanged, compared to its average volume of 1,641,842. The stock has a market capitalization of $2.05 billion, a P/E ratio of 135.00, a P/E/G ratio of 2.61 and a beta of 0.80. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The company's 50-day simple moving average is $21.10 and its 200-day simple moving average is $20.49. NETSTREIT Corp. has a twelve month low of $17.02 and a twelve month high of $22.47.

NETSTREIT (NYSE:NTST - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The company had revenue of $61.28 million during the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, research analysts predict that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT's dividend payout ratio (DPR) is presently 600.00%.

Analysts Set New Price Targets

Several research analysts have weighed in on NTST shares. Truist Financial increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, May 11th. Robert W. Baird boosted their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Jefferies Financial Group reaffirmed a "buy" rating and set a $25.00 price target on shares of NETSTREIT in a research report on Wednesday, July 29th. Stifel Nicolaus lifted their price objective on shares of NETSTREIT from $22.25 to $23.50 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Finally, BTIG Research increased their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $23.19.

Institutional Trading of NETSTREIT

Large investors have recently modified their holdings of the stock. Loomis Sayles & Co. L P raised its stake in NETSTREIT by 959.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company's stock valued at $26,000 after purchasing an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in NETSTREIT by 1,123.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company's stock worth $30,000 after buying an additional 1,640 shares in the last quarter. Kestra Advisory Services LLC bought a new position in NETSTREIT in the 4th quarter valued at about $44,000. Inspire Investing LLC bought a new position in NETSTREIT in the 4th quarter valued at about $45,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of NETSTREIT in the 4th quarter valued at approximately $64,000.

About NETSTREIT

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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