NETSTREIT (NYSE:NTST) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Key Points

• Quarterly EPS missed: NETSTREIT reported $0.06 EPS versus analysts' $0.07 estimate (a $0.01 miss) while beating revenue expectations with $57.06M, and updated FY2026 guidance to 1.360–1.390 EPS.
• Dividend raised to $0.22 quarterly (annualized $0.88) for a 4.2% yield, but the payout ratio is an outsized 977.78%, raising sustainability concerns.
• Shares opened at $20.91 (one-year range $15.23–$21.30) with a market cap of $2.03B and a P/E of 232.37; consensus from analysts is a "Moderate Buy" with a $21.77 target.

NETSTREIT (NYSE:NTST - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.01), FiscalAI reports. NETSTREIT had a return on equity of 0.51% and a net margin of 3.54%.The firm had revenue of $57.06 million during the quarter, compared to analysts' expectations of $50.09 million. NETSTREIT updated its FY 2026 guidance to 1.360-1.390 EPS.

NETSTREIT Stock Up 0.4%

Shares of NETSTREIT stock opened at $20.91 on Tuesday. NETSTREIT has a one year low of $15.23 and a one year high of $21.30. The company has a market cap of $2.03 billion, a P/E ratio of 232.37, a PEG ratio of 3.25 and a beta of 0.88. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.12 and a current ratio of 3.12. The firm has a fifty day moving average of $19.98 and a two-hundred day moving average of $18.83.

NETSTREIT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, March 16th. This is an increase from NETSTREIT's previous quarterly dividend of $0.21. NETSTREIT's payout ratio is currently 977.78%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in NETSTREIT by 343.1% during the first quarter. Royal Bank of Canada now owns 36,730 shares of the company's stock worth $582,000 after purchasing an additional 28,441 shares in the last quarter. Amundi boosted its holdings in NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company's stock valued at $709,000 after purchasing an additional 704 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NETSTREIT by 10.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company's stock worth $773,000 after purchasing an additional 4,501 shares during the period. Goldman Sachs Group Inc. increased its position in NETSTREIT by 3.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company's stock worth $7,915,000 after purchasing an additional 17,188 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NETSTREIT by 8.0% during 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 worth $8,995,000 after buying an additional 42,121 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on NTST shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of NETSTREIT in a research report on Friday, March 27th. BMO Capital Markets began coverage on NETSTREIT in a research report on Friday. They set an "outperform" rating and a $24.00 price objective for the company. Truist Financial raised their target price on NETSTREIT from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, March 23rd. Mizuho upped their price target on NETSTREIT from $19.00 to $23.00 and gave the company an "outperform" rating in a report on Wednesday, March 11th. Finally, UBS Group raised their price objective on shares of NETSTREIT from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Monday, March 9th. Twelve analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.77.

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.