NTST

NETSTREIT Corp

14.99 USD
+0.08
0.54%
At close Mar 13, 4:00 PM EDT
After hours
14.99
+0.00
0.00%
1 day
0.54%
5 days
-0.27%
1 month
5.34%
3 months
-0.07%
6 months
-12.24%
Year to date
7.53%
1 year
-13.35%
5 years
-15.55%
10 years
-15.55%
 

About: Netstreit Corp is an internally managed 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. Majorily operates in U.S. States and Other counties, and derives maximum of revenue from USA.

Employees: 22

0
Funds holding %
of 7,372 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 24

37% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 63

8% more funds holding

Funds holding: 189 [Q3] → 204 (+15) [Q4]

5.65% less ownership

Funds ownership: 119.95% [Q3] → 114.3% (-5.65%) [Q4]

14% less capital invested

Capital invested by funds: $1.53B [Q3] → $1.32B (-$215M) [Q4]

83% less call options, than puts

Call options by funds: $140K | Put options by funds: $825K

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$15
0%
upside
Avg. target
$16
7%
upside
High target
$17
13%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Raymond James
RJ Milligan
43% 1-year accuracy
10 / 23 met price target
13%upside
$17
Strong Buy
Maintained
17 Jan 2025
Mizuho
Haendel St. Juste
69% 1-year accuracy
11 / 16 met price target
0%upside
$15
Outperform
Maintained
8 Jan 2025

Financial journalist opinion

Based on 7 articles about NTST published over the past 30 days

Positive
Seeking Alpha
2 days ago
Netstreit: Attractive Valuation And Solid Underwriting, Looks Buyable
NTST offers a compelling investment opportunity with strong business metrics, including 99.9% occupancy and a weighted average lease term of 9.8 years. Despite risks from tenants like Dollar Tree and CVS, NETSTREIT's due diligence and technology mitigate potential impacts, maintaining a stable portfolio. The Company's robust 2024 investment activity and reasonable 2025 outlook, coupled with safe leverage and no near-term debt maturities, enhance its attractiveness.
Netstreit: Attractive Valuation And Solid Underwriting, Looks Buyable
Positive
Seeking Alpha
1 week ago
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
Buried Treasures: 4 Dramatically Undervalued REITs
Neutral
Seeking Alpha
2 weeks ago
NETSTREIT Corp. (NTST) Q4 2024 Earnings Call Transcript
NETSTREIT Corp. (NTST) Q4 2024 Earnings Call Transcript
NETSTREIT Corp. (NTST) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
2 weeks ago
NETSTREIT (NTST) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for NETSTREIT (NTST) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
NETSTREIT (NTST) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
2 weeks ago
NETSTREIT (NTST) Q4 FFO and Revenues Top Estimates
NETSTREIT (NTST) came out with quarterly funds from operations (FFO) of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.31 per share a year ago.
NETSTREIT (NTST) Q4 FFO and Revenues Top Estimates
Neutral
Business Wire
2 weeks ago
NETSTREIT Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the fourth quarter and year ended December 31, 2024. “I am pleased to report that NETSTREIT delivered solid 2024 results, which included a Company record $195.1 million of investments at a 7.4% cash yield in the fourth quarter. Furthermore, we accretively recycled capital with record dispositions of $59.3 million in the fourth quarter and made significant progress towards ou.
NETSTREIT Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
Positive
Seeking Alpha
4 weeks ago
Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
I once thought holding cash for a market crash was smart, but waiting for crashes is a risky game. Inflation devalues cash much faster than investing. Market timing is tough. Predicting corrections consistently is nearly impossible, and staying invested can prevent the damage inflation causes to your purchasing power. Instead of waiting for the "perfect" moment, I focus on consistent investing in resilient infrastructure and public real estate that outperforms the market.
Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
Positive
Seeking Alpha
1 month 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.
NETSTREIT: Undervalued, Underrated, And Ready To Perform
Neutral
Business Wire
1 month 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.
NETSTREIT Corp. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
Neutral
Business Wire
1 month 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.
NETSTREIT Corp. Announces $275.0 Million in Additional Financing Commitments and Amendments to Existing Credit Facilities
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