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 6,823 funds
0
Analysts bullish %
of 5 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
64% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 25
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]
1% less capital invested
Capital invested by funds: $1.55B [Q2] → $1.53B (-$20.6M) [Q3]
11.63% less ownership
Funds ownership: 131.55% [Q2] → 119.93% (-11.63%) [Q3]
82% less call options, than puts
Call options by funds: $73K | Put options by funds: $397K
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
2%
upside
Avg. target
$17.65
20%
upside
High target
$19.25
31%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Raymond James RJ Milligan 50% 1-year accuracy 13 / 26 met price target | 15%upside $17 | Strong Buy Maintained | 17 Jan 2025 |
Mizuho Haendel St. Juste 53% 1-year accuracy 9 / 17 met price target | 2%upside $15 | Outperform Maintained | 8 Jan 2025 |
Truist Securities Ki Bin Kim 43% 1-year accuracy 13 / 30 met price target | 29%upside $19 | Buy Maintained | 5 Dec 2024 |
Scotiabank Nicholas Yulico 42% 1-year accuracy 15 / 36 met price target | 22%upside $18 | Sector Outperform Upgraded | 11 Nov 2024 |
Stifel Simon Yarmak 47% 1-year accuracy 17 / 36 met price target | 31%upside $19.25 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 6 articles about NTST published over the past 30 days
Positive
Seeking Alpha
1 day ago
NETSTREIT: Undervalued, Underrated, And Ready To Perform
NETSTREIT, a small REIT with a focus on high-quality, single-tenant properties, offers strong financial flexibility, robust balance sheet, and 100% occupancy and rent collection rates. Despite tenant concentration risks and rising interest rates, NETSTREIT's financial health and growth potential make it an attractive investment, trading at a significant discount. The company boasts a high dividend yield of 5.82% with a low payout ratio, indicating undervaluation and potential for future dividend growth.
Neutral
Business Wire
5 days ago
NETSTREIT Corp. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced that it will release its fourth quarter 2024 financial results on Monday, February 24, 2025 after the close of trading on the New York Stock Exchange. A conference call will be held on Tuesday, February 25, 2025 at 11:00 AM ET. A live webcast will be accessible on the “Investor Relations” section of the Company's website at www.NETSTREIT.com. To liste.
Neutral
Business Wire
5 days ago
NETSTREIT Corp. Announces $275.0 Million in Additional Financing Commitments and Amendments to Existing Credit Facilities
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced the closing of $275.0 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, National Association (the “PNC Credit Agreement”), Wells Fargo Bank, National Association (the “Wells Fargo Credit Agreement”) and Truist Bank (the “Truist Credit Agreement”). The PNC Credit Agreement was amended and restated and provides for credit facilities in an aggregate.
Positive
Seeking Alpha
1 week ago
Netstreit: High Quality Portfolio Trading Near New Lows
NETSTREIT Corp. owns and operates single-tenant net lease retail properties across a wide U.S. footprint. The portfolio composition is weighted heavily toward necessity and discount-based retailers, two key defensive sectors. The REIT also has high exposure to tenants with investment-grade ratings or investment-grade profiles.
Positive
Seeking Alpha
3 weeks ago
Dirt Cheap And Up To 6% Yield - 3 Dividend Picks You Can't Miss
I am increasingly focusing on higher-yielding dividend stocks due to the need for income, especially for older and retired investors. With the market's high valuation, future returns will likely rely more on dividends, making high-yield stocks more attractive. Retail real estate stands out with low vacancy rates and favorable supply conditions, offering strong investment opportunities.
Neutral
Seeking Alpha
4 weeks 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 month 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 month 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
2 months 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
2 months 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.
Charts implemented using Lightweight Charts™