NETSTREIT (NYSE:NTST) CFO Daniel Donlan Purchases 1,200 Shares of Stock

NETSTREIT Corp. (NYSE:NTST) CFO Daniel Donlan acquired 1,200 shares of the stock in a transaction dated Friday, September 4th. The stock was acquired at an average cost of $20.12 per share, with a total value of $24,144.00. Following the transaction, the chief financial officer owned 44,862 shares of the company’s stock, valued at approximately $902,623.44. This trade represents a 2.75% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NETSTREIT Stock Performance

NETSTREIT stock opened at $20.16 on Wednesday. The stock has a fifty day moving average price of $21.08 and a 200 day moving average price of $20.49. NETSTREIT Corp. has a 52 week low of $17.02 and a 52 week high of $22.47. The firm has a market capitalization of $2.05 billion, a P/E ratio of 134.37, a PEG ratio of 2.61 and a beta of 0.80. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $61.28 million during the quarter, compared to analyst estimates of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities research analysts anticipate that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.225 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.5%. NETSTREIT’s dividend payout ratio (DPR) is currently 600.00%.

Institutional Trading of NETSTREIT

A number of institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new stake in NETSTREIT during the second quarter worth approximately $2,339,000. Easterly Investment Partners LLC purchased a new position in shares of NETSTREIT in the 4th quarter valued at $9,422,000. Dockside LLC acquired a new position in shares of NETSTREIT during the 2nd quarter valued at $1,202,000. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of NETSTREIT by 111.3% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock valued at $6,047,000 after acquiring an additional 180,600 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in NETSTREIT during the 2nd quarter worth $17,695,000.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. UBS Group set a $22.00 price target on shares of NETSTREIT in a research report on Thursday, June 18th. Jefferies Financial Group reiterated a “buy” rating and issued a $25.00 price target on shares of NETSTREIT in a report on Wednesday, July 29th. Cantor Fitzgerald boosted their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. BTIG Research upped their price objective on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, Wells Fargo & Company increased their target price on NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.19.

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.