Analysts Set NETSTREIT Corp. (NYSE:NTST) Target Price at $22.68

Shares of NETSTREIT Corp. (NYSE:NTST) have earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $23.1923.

Several analysts have recently weighed in on the company. Wells Fargo & Company raised their target price on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Cantor Fitzgerald increased their price target on NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday. BTIG Research raised their price objective on NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, June 26th. UBS Group set a $22.00 price objective on NETSTREIT in a report on Thursday, June 18th. Finally, Truist Financial upped their target price on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, May 11th.

NETSTREIT Trading Down 0.4%

NTST opened at $21.86 on Friday. The firm’s 50 day moving average is $20.81 and its 200-day moving average is $20.12. NETSTREIT has a 52-week low of $17.02 and a 52-week high of $22.47. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $2.22 billion, a P/E ratio of 145.73, a P/E/G ratio of 2.82 and a beta of 0.82.

NETSTREIT (NYSE:NTST) last announced its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The firm had revenue of $61.28 million during the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Analysts expect that NETSTREIT will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. NETSTREIT’s dividend payout ratio (DPR) is presently 586.67%.

Insider Activity

In related news, CEO Mark Manheimer purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was 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. This represents a 1.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.66% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Easterly Investment Partners LLC bought a new position in shares of NETSTREIT during the fourth quarter worth about $9,422,000. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in NETSTREIT by 23.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company’s stock valued at $3,057,000 after buying an additional 32,900 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in NETSTREIT by 111.3% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock valued at $6,047,000 after buying an additional 180,600 shares in the last quarter. Centersquare Investment Management LLC raised its stake in NETSTREIT by 3.4% during the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock valued at $64,449,000 after buying an additional 120,170 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in NETSTREIT by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 9,226,348 shares of the company’s stock worth $162,753,000 after buying an additional 268,275 shares during the last quarter.

About NETSTREIT

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.