NETSTREIT (NYSE:NTST) Updates FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.280-1.300 for the period, compared to the consensus estimate of 1.280. The company issued revenue guidance of -.

NETSTREIT Stock Down 0.6 %

Shares of NTST traded down $0.10 on Friday, reaching $16.06. The company's stock had a trading volume of 56,291 shares, compared to its average volume of 917,850. NETSTREIT has a twelve month low of $13.42 and a twelve month high of $18.10. The stock has a market capitalization of $1.31 billion, a PE ratio of -267.62 and a beta of 0.91. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.57. The firm has a fifty day moving average of $15.43 and a 200-day moving average of $15.13.

NETSTREIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.23%. NETSTREIT's dividend payout ratio is presently -525.00%.

Analyst Ratings Changes

NTST has been the subject of a number of analyst reports. Wells Fargo & Company started coverage on NETSTREIT in a research report on Monday, April 7th. They issued an "overweight" rating and a $18.00 price target for the company. Capital One Financial assumed coverage on shares of NETSTREIT in a research report on Wednesday, February 12th. They set an "overweight" rating on the stock. Mizuho boosted their price target on shares of NETSTREIT from $15.00 to $17.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Finally, Raymond James decreased their price objective on shares of NETSTREIT from $19.00 to $17.00 and set a "strong-buy" rating for the company in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $18.03.

Insider Activity

In other news, CEO Mark Manheimer acquired 6,384 shares of the company'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 purchase, the chief executive officer now owns 304,572 shares in the company, valued at approximately $4,669,088.76. This trade represents a 2.14 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders purchased 12,000 shares of company stock valued at $183,172 in the last three months. Company insiders own 0.58% of the company's stock.

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.