NETSTREIT (NTST) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NETSTREIT in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NTST shares.
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7 analysts have issued 12 month target prices for NETSTREIT's shares. Their NTST share price forecasts range from $20.00 to $23.00. On average, they predict the company's share price to reach $21.94 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for NTST or view top-rated stocks among Wall Street analysts.

NETSTREIT's stock was trading at $18.33 at the beginning of 2023. Since then, NTST stock has decreased by 3.8% and is now trading at $17.63.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our NTST earnings forecast.

NETSTREIT Corp. (NYSE:NTST) issued its quarterly earnings results on Thursday, April, 28th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.20. NETSTREIT had a trailing twelve-month return on equity of 0.75% and a net margin of 7.32%. During the same period in the previous year, the business earned $0.23 EPS.

NETSTREIT declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.20 per share on Thursday, June 15th. This represents a $0.80 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Wednesday, May 31st.
Read our dividend analysis for NTST.

ETFs with the largest weight of NETSTREIT (NYSE:NTST) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), ETFB Green SRI REITs ETF (RITA), Invesco Active U.S. Real Estate ETF (PSR), U.S. Diversified Real Estate ETF (PPTY), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares Micro-Cap ETF (IWC), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and Dimensional US Real Estate ETF (DFAR).

NETSTREIT (NYSE:NTST) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.58%. NTST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 533.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NTST will have a dividend payout ratio of 66.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTST.

NETSTREIT issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $1.17-$1.23 for the period, compared to the consensus estimate of $1.14. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other NETSTREIT investors own include Harbor Custom Development (HCDI), Gores Holdings V (GRSVU), FS Development (FSDC), Freeline Therapeutics (FRLN), Duck Creek Technologies (DCT), CureVac (CVAC), Checkmate Pharmaceuticals (CMPI), Burlington Stores (BURL), BigCommerce (BIGC) and KE (BEKE).

(NTST) raised $310 million in an IPO on Thursday, August 13th 2020. The company issued 15,500,000 shares at $19.00-$21.00 per share. Wells Fargo Securities, BofA Securities, Citigroup, Stifel and Jefferies served as the underwriters for the IPO and BMO Capital Markets, BTIG, Capital One Securities, KeyBanc Capital Markets, Regions Securities, Truist Securities, Comerica Securities, Ramirez and Scotiabank were co-managers.

NETSTREIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "NTST."

NETSTREIT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.15%), Principal Financial Group Inc. (5.86%), State Street Corp (4.41%), Heitman Real Estate Securities LLC (4.13%), Aew Capital Management L P (3.68%) and APG Asset Management US Inc. (2.97%).
View institutional ownership trends.

Shares of NTST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NTST stock can currently be purchased for approximately $17.63.

NETSTREIT (NYSE:NTST) has a market capitalization of $1.07 billion and generates $96.28 million in revenue each year. The company earns $8.12 million in net income (profit) each year or $0.15 on an earnings per share basis.

NETSTREIT's mailing address is 5910 N. CENTRAL EXPRESSWAY SUITE 1600, DALLAS TX, 75206. The official website for the company is www.netstreit.com. The company can be reached via phone at 972-200-7100 or via email at ir@netstreit.com.