NETSTREIT Corp. (NYSE:NTST) Short Interest Update

Key Points

• Short interest fell sharply: NETSTREIT’s short interest dropped 54.2% to 14.29 million shares as of August 31, representing 14.2% of shares outstanding and 5.7 days of average trading volume.
• Quarterly earnings missed expectations: The company reported EPS of $0.06 versus the $0.08 consensus estimate, although revenue of $61.28 million exceeded expectations. NETSTREIT’s FY 2026 EPS guidance is $1.37–$1.39.
• Analysts remain generally bullish: Thirteen analysts rate the stock a Buy and two rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $23.19 versus a recent price of $19.66.

NETSTREIT Corp. (NYSE:NTST - Get Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 14,287,340 shares, a decrease of 54.2% from the August 15th total of 31,209,261 shares. Based on an average daily volume of 2,506,334 shares, the short-interest ratio is presently 5.7 days. Currently, 14.2% of the company's shares are sold short.

Insider Transactions at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer bought 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The shares were bought at an average price of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares of the company's stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.66% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NTST. Loomis Sayles & Co. L P grew its position in shares of NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company's stock worth $26,000 after purchasing an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company's stock worth $30,000 after acquiring an additional 1,640 shares during the period. Kestra Advisory Services LLC acquired a new position in NETSTREIT in the 4th quarter valued at $44,000. Inspire Investing LLC acquired a new position in NETSTREIT in the 4th quarter valued at $45,000. Finally, Parallel Advisors LLC lifted its position in shares of NETSTREIT by 175.2% during the 1st quarter. Parallel Advisors LLC now owns 3,680 shares of the company's stock valued at $69,000 after acquiring an additional 2,343 shares during the period.

NETSTREIT Price Performance

Shares of NTST opened at $19.66 on Monday. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. NETSTREIT has a twelve month low of $17.02 and a twelve month high of $22.47. The stock has a market capitalization of $2.00 billion, a P/E ratio of 131.10, a P/E/G ratio of 2.55 and a beta of 0.80. The company has a 50 day moving average of $20.99 and a 200-day moving average of $20.48.

NETSTREIT (NYSE:NTST - Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). The company had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities research analysts forecast that NETSTREIT will post 1.3 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.225 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.6%. NETSTREIT's dividend payout ratio is presently 600.00%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on NTST shares. Cantor Fitzgerald upped their target price on shares of NETSTREIT from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th. Wells Fargo & Company lifted their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Stifel Nicolaus boosted their price target on shares of NETSTREIT from $22.25 to $23.50 and gave the company a "buy" rating in a report on Thursday, July 23rd. Scotiabank dropped their price objective on NETSTREIT from $23.00 to $22.00 and set a "sector outperform" rating on the stock in a research note on Thursday, June 18th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of NETSTREIT in a report on Friday, August 7th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, NETSTREIT currently has a consensus rating of "Moderate Buy" and an average price target of $23.19.

NETSTREIT Company Profile

NETSTREIT Corp. is a real estate investment trust (REIT) focused on owning and managing healthcare real estate in the United States. The company primarily invests in outpatient medical office properties that support essential healthcare services, including clinics, physician practices, specialty care facilities and other medical providers.

NETSTREIT generally leases its properties to healthcare systems, physician groups and other medical operators under long-term, net lease arrangements.

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