NETSTREIT (NYSE:NTST - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.290-1.310 for the period, compared to the consensus EPS estimate of 1.248. The company issued revenue guidance of -.
NETSTREIT Trading Up 1.9%
Shares of NYSE:NTST traded up $0.35 during mid-day trading on Friday, hitting $18.34. The stock had a trading volume of 5,173,497 shares, compared to its average volume of 992,929. The company has a debt-to-equity ratio of 0.69, a quick ratio of 3.95 and a current ratio of 3.95. The company has a market cap of $1.50 billion, a PE ratio of -229.19, a P/E/G ratio of 5.20 and a beta of 0.89. NETSTREIT has a 12-month low of $13.42 and a 12-month high of $18.39. The company's 50 day moving average is $16.67 and its 200-day moving average is $15.60.
NETSTREIT Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Tuesday, September 2nd. This is an increase from NETSTREIT's previous quarterly dividend of $0.21. NETSTREIT's dividend payout ratio is -560.00%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on NTST shares. Wells Fargo & Company started coverage on shares of NETSTREIT in a research report on Monday, April 7th. They issued an "overweight" rating and a $18.00 target price for the company. UBS Group raised their price target on shares of NETSTREIT from $18.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Mizuho raised their price target on shares of NETSTREIT from $15.00 to $17.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Raymond James Financial restated a "strong-buy" rating on shares of NETSTREIT in a report on Friday, May 23rd. Finally, Robert W. Baird raised their price target on shares of NETSTREIT from $18.00 to $20.00 and gave the company an "outperform" rating in a report on Thursday. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $18.47.
Read Our Latest Research Report on NETSTREIT
Institutional Trading of NETSTREIT
Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 valued at $8,995,000 after acquiring an additional 42,121 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of NETSTREIT by 3.6% during 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 in the last quarter. Jane Street Group LLC acquired a new stake in shares of NETSTREIT during the 1st quarter valued at about $928,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of NETSTREIT by 10.2% during 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 in the last quarter. Finally, Amundi boosted its position in shares of NETSTREIT by 1.6% during the 1st quarter. Amundi now owns 45,361 shares of the company's stock valued at $709,000 after acquiring an additional 704 shares in the last quarter.
NETSTREIT Company Profile
(
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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.
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