NETSTREIT (NTST) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NETSTREIT in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NTST shares.
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6 brokers have issued twelve-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 stock price to reach $21.17 in the next twelve months. This suggests a possible upside of 29.8% 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 start of the year. Since then, NTST stock has decreased by 11.0% and is now trading at $16.31.
View the best growth stocks for 2023 here.

NETSTREIT saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,210,000 shares, an increase of 30.0% from the August 15th total of 1,700,000 shares. Based on an average trading volume of 629,000 shares, the days-to-cover ratio is presently 3.5 days.
View NETSTREIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our NTST earnings forecast.

NETSTREIT Corp. (NYSE:NTST) announced its quarterly earnings results on Thursday, April, 28th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.20. NETSTREIT had a net margin of 4.29% and a trailing twelve-month return on equity of 0.45%. During the same quarter last year, the firm earned $0.23 EPS.

NETSTREIT declared a quarterly dividend on Monday, July 24th. Shareholders of record on Friday, September 1st will be given a dividend of $0.205 per share on Friday, September 15th. This represents a $0.82 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.20.
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), Invesco Active U.S. Real Estate ETF (PSR) and iShares Micro-Cap ETF (IWC).Ranger Equity Bear ETF (HDGE).

NETSTREIT (NYSE:NTST) pays an annual dividend of $0.82 per share and currently has a dividend yield of 5.03%. NTST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 820.00%. 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 69.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTST.

NETSTREIT updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $1.20-$1.23 for the period, compared to the consensus EPS estimate of $1.15. 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.55%), Principal Financial Group Inc. (5.35%), State Street Corp (4.26%), Alliancebernstein L.P. (3.92%), Aew Capital Management L P (3.52%) and Heitman Real Estate Securities LLC (3.41%). Insiders that own company stock include Daniel P Donlan and Robin Mcbride Zeigler.
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 $16.31.

NETSTREIT (NYSE:NTST) has a market capitalization of $1.09 billion and generates $96.28 million in revenue each year. The company earns $8.12 million in net income (profit) each year or $0.10 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.