NETSTREIT (NYSE:NTST) Hits New 52-Week High – Time to Buy?

NETSTREIT Corp. (NYSE:NTST) shares hit a new 52-week high on Monday . The company traded as high as $21.69 and last traded at $21.5760, with a volume of 1713080 shares changing hands. The stock had previously closed at $21.66.

Wall Street Analyst Weigh In

Several analysts recently commented on NTST shares. Stifel Nicolaus raised their price target on shares of NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a report on Tuesday, April 21st. UBS Group set a $22.00 target price on shares of NETSTREIT in a research report on Thursday, June 18th. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a research note on Friday, April 24th. Jefferies Financial Group initiated coverage on shares of NETSTREIT in a report on Monday, June 1st. They set a “buy” rating and a $23.00 price target on the stock. Finally, BTIG Research raised their price target on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and an average target price of $22.45.

NETSTREIT Stock Down 0.8%

The company has a debt-to-equity ratio of 0.81, a current ratio of 2.84 and a quick ratio of 2.84. The business has a 50 day moving average price of $20.38 and a 200 day moving average price of $19.58. The firm has a market capitalization of $2.09 billion, a P/E ratio of 165.41, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82.

NETSTREIT (NYSE:NTST) last announced its earnings results on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $57.06 million for the quarter, compared to the consensus estimate of $50.09 million. NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. On average, analysts predict that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 16.4%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, June 1st. NETSTREIT’s dividend payout ratio is presently 676.92%.

Insider Activity at NETSTREIT

In related news, CEO Mark Manheimer acquired 5,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were acquired at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the purchase, the chief executive officer owned 415,260 shares in the company, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robin Mcbride Zeigler sold 7,192 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total transaction of $149,953.20. Following the transaction, the director directly owned 18,344 shares in the company, valued at $382,472.40. This trade represents a 28.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.66% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Loomis Sayles & Co. L P grew its position in NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after buying an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after acquiring an additional 1,640 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after acquiring an additional 650 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of NETSTREIT in the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC bought a new stake in shares of NETSTREIT in the 4th quarter worth approximately $45,000.

NETSTREIT Company Profile

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.