NETSTREIT (NYSE:NTST) CFO Daniel Donlan Purchases 1,000 Shares

NETSTREIT Corp. (NYSE:NTST) CFO Daniel Donlan purchased 1,000 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were bought at an average cost of $17.40 per share, for a total transaction of $17,400.00. Following the acquisition, the chief financial officer owned 25,075 shares of the company’s stock, valued at approximately $436,305. The trade was a 4.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NETSTREIT Stock Up 0.5%

NETSTREIT stock opened at $17.55 on Tuesday. NETSTREIT Corp. has a twelve month low of $13.42 and a twelve month high of $19.64. The stock has a 50 day moving average of $18.25 and a two-hundred day moving average of $17.97. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -1,754,700.00, a PEG ratio of 3.72 and a beta of 0.90.

NETSTREIT (NYSE:NTST) last announced its earnings results on Monday, October 27th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.32). NETSTREIT had a net margin of 0.10% and a return on equity of 0.01%. The company had revenue of $48.31 million during the quarter, compared to analysts’ expectations of $47.78 million. NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. As a group, research analysts expect that NETSTREIT Corp. will post 1.19 earnings per share for the current year.

NETSTREIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.215 per share. The ex-dividend date was Monday, December 1st. This represents a $0.86 dividend on an annualized basis and a yield of 4.9%.

Wall Street Analysts Forecast Growth

NTST has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of NETSTREIT from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Robert W. Baird increased their target price on NETSTREIT from $20.00 to $21.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Stifel Nicolaus raised their price target on NETSTREIT from $20.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of NETSTREIT in a research report on Monday, December 15th. Finally, Scotiabank restated an “outperform” rating on shares of NETSTREIT in a report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.45.

Hedge Funds Weigh In On NETSTREIT

A number of institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its stake in shares of NETSTREIT by 1,123.3% during the second 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 during the last quarter. State of Wyoming purchased a new position in NETSTREIT in the 1st quarter valued at about $58,000. CWM LLC boosted its stake in shares of NETSTREIT by 108.0% during the 2nd quarter. CWM LLC now owns 4,687 shares of the company’s stock worth $79,000 after purchasing an additional 2,434 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of NETSTREIT by 39.1% during the third quarter. CIBC Private Wealth Group LLC now owns 7,299 shares of the company’s stock worth $132,000 after buying an additional 2,051 shares in the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in shares of NETSTREIT in the third quarter valued at approximately $159,000.

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.