NETSTREIT (NTST) Expected to Announce Quarterly Earnings on Wednesday

NETSTREIT (NYSE:NTST - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.32 per share and revenue of $45.24 million for the quarter.

NETSTREIT Stock Up 0.2%

Shares of NTST stock traded up $0.03 during trading hours on Friday, hitting $17.64. 109,117 shares of the company were exchanged, compared to its average volume of 964,080. The business has a 50 day moving average of $16.45 and a two-hundred day moving average of $15.46. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 0.69. NETSTREIT has a 52 week low of $13.42 and a 52 week high of $18.17. The company has a market capitalization of $1.44 billion, a PE ratio of -117.45, a PEG ratio of 5.13 and a beta of 0.89.

NETSTREIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 4.76%. The ex-dividend date was Monday, June 2nd. NETSTREIT's dividend payout ratio is -560.00%.

Institutional Investors Weigh In On NETSTREIT

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of NETSTREIT by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company's stock valued at $8,995,000 after acquiring an additional 42,121 shares during the period. Goldman Sachs Group Inc. grew its position in shares of NETSTREIT by 3.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company's stock valued at $7,915,000 after acquiring an additional 17,188 shares during the period. Jane Street Group LLC bought a new position in shares of NETSTREIT in the 1st quarter valued at about $928,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NETSTREIT by 10.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company's stock valued at $773,000 after acquiring an additional 4,501 shares during the period. Finally, Amundi grew its position in shares of NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company's stock valued at $709,000 after acquiring an additional 704 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NTST. Wells Fargo & Company began coverage on NETSTREIT in a research report on Monday, April 7th. They set an "overweight" rating and a $18.00 price target for the company. Raymond James Financial reaffirmed a "strong-buy" rating on shares of NETSTREIT in a research report on Friday, May 23rd. UBS Group upped their price target on NETSTREIT from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Mizuho upped their price target on NETSTREIT from $15.00 to $17.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $18.28.

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.