NTST
NETSTREIT CorpNTST
NTST
About: Netstreit Corp is structured as an umbrella partnership real estate investment trust. The company acquires, owns, and manages single-tenant, retail commercial real estate subject to long-term net leases with high-credit quality tenants across the United States. It focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants.
Employees: 28
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
105% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 44
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
9% more funds holding
Funds holding: 173 [Q2] → 188 (+15) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2% less capital invested
Capital invested by funds: $1.55B [Q2] → $1.52B (-$26.6M) [Q3]
12.08% less ownership
Funds ownership: 131.27% [Q2] → 119.19% (-12.08%) [Q3]
82% less call options, than puts
Call options by funds: $73K | Put options by funds: $397K
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
28%
upside
Avg. target
$18.81
33%
upside
High target
$19.25
36%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Truist Securities Ki Bin Kim 40% 1-year accuracy 16 / 40 met price target | 35%upside $19 | Buy Maintained | 5 Dec 2024 |
Scotiabank Nicholas Yulico 31% 1-year accuracy 11 / 35 met price target | 28%upside $18 | Sector Outperform Upgraded | 11 Nov 2024 |
Stifel Simon Yarmak 41% 1-year accuracy 14 / 34 met price target | 36%upside $19.25 | Buy Maintained | 5 Nov 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 35%upside $19 | Buy Initiated | 14 Oct 2024 |
Financial journalist opinion
Based on 3 articles about NTST published over the past 30 days
Neutral
Seeking Alpha
1 day ago
1 REIT To Sell And 1 Strong Buy
Not all REITs are equal. The asset quality can differ greatly from one REIT to another. I highlight a good example of that.
Positive
Seeking Alpha
1 week ago
December's 5 Dividend Growth Stocks With 4.51%+ Yields
Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, starting with initial parameters, including dividend safety, growth, and consistency. Of course, further due diligence is essential; these initial screenings are just that “initial” and highlight potential names worth considering further but require further due diligence.
Positive
Seeking Alpha
1 week ago
Up To 8% Yields: 2 Worry-Free Dividend Stocks For Durable Income
Obsessing over short-term market moves leads to emotional investing and missed gains. This article stresses a long-term approach and managing investment anxiety for better results. Long-term focus and avoiding market timing are key to wealth building. Missing the market's best days severely impacts returns. A buy-and-hold strategy is advocated. Two high-quality income stocks are shared. One offers stable income like a top REIT, the other taps into a key energy infrastructure sector with strong growth potential.
Positive
Seeking Alpha
1 month ago
Netstreit: 2 Reasons Not To Buy This REIT As Real Estate Rebounds
NETSTREIT's Q3 earnings showed growth in revenue and portfolio, but the REIT continues to underperform compared to top sector peers. Portfolio quality issues, particularly high exposure to dollar stores and drug stores, pose significant risks to NTST's credit quality and diversification goals. Despite strengths like no near-term debt maturities and high-rated tenants, NTST's concentrated portfolio makes it an unattractive acquisition target and limits valuation expansion.
Neutral
Seeking Alpha
1 month ago
NETSTREIT Corp. (NTST) Q3 2024 Earnings Call Transcript
NETSTREIT Corp. (NYSE:NTST ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Amy An - Investor Relations Mark Manheimer - Chief Executive Officer Dan Donlan - Chief Financial Officer Conference Call Participants Wes Golladay - Baird Ravi Vaidya - Mizuho Nicholas Joseph - Citi Ki Bin Kim - Truist Securities Kathryn Graves - UBS Upal Rana - KeyBanc Capital Markets Greg McGinniss - Scotiabank Farrell Granath - Bank of America Operator Greetings, and welcome to NETSTREIT Corp Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Positive
Zacks Investment Research
1 month ago
NETSTREIT (NTST) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for NETSTREIT (NTST) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
NETSTREIT (NTST) Meets Q3 FFO Estimates
NETSTREIT (NTST) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.31 per share a year ago.
Neutral
Business Wire
1 month ago
NETSTREIT Reports Third Quarter 2024 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the third quarter ended September 30, 2024. “We are pleased to announce our highest quarterly investment activity in the Company's history with $151.6 million in gross investments at a blended cash yield of 7.5%. Our 100% occupied portfolio remains in excellent condition to support our growing earnings base and attractive dividend yield. Looking forward, we remain focused on.
Neutral
Seeking Alpha
2 months ago
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the office sector remained the most-shorted at 5.3% of shares outstanding. Wheeler Real Estate Investment Trust logged the largest increase in short interest, up 16 percentage points to 32.4% of shares outstanding.
Positive
Benzinga
2 months ago
This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
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