NETSTREIT (NYSE:NTST) Releases FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST - Get Free Report) updated its FY 2025 earnings guidance on Monday. 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 -.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Mizuho lifted their price objective on NETSTREIT from $15.00 to $17.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Wells Fargo & Company began coverage on shares of NETSTREIT in a research note on Monday, April 7th. They set an "overweight" rating and a $18.00 price target for the company. Raymond James reduced their price objective on shares of NETSTREIT from $19.00 to $17.00 and set a "strong-buy" rating on the stock in a research note on Friday, January 17th. Finally, Capital One Financial initiated coverage on shares of NETSTREIT in a report on Wednesday, February 12th. They set an "overweight" rating for the company. One investment 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $18.03.

NETSTREIT Trading Down 0.7 %

Shares of NYSE NTST traded down $0.12 during midday trading on Friday, reaching $16.03. 477,131 shares of the stock were exchanged, compared to its average volume of 921,866. NETSTREIT has a 12 month low of $13.42 and a 12 month high of $18.10. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -267.12 and a beta of 0.91. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.11 and a quick ratio of 4.11. The business has a 50-day simple moving average of $15.46 and a two-hundred day simple moving average of $15.12.

NETSTREIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.84 annualized dividend and a yield of 5.24%. NETSTREIT's dividend payout ratio is presently -525.00%.

Insider Buying and Selling at NETSTREIT

In related news, CEO Mark Manheimer purchased 6,384 shares of NETSTREIT stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $15.33 per share, for a total transaction of $97,866.72. Following the completion of the acquisition, the chief executive officer now directly owns 304,572 shares of the company's stock, valued at $4,669,088.76. This represents a 2.14 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders acquired 12,000 shares of company stock valued at $183,172. 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.