Cantor Fitzgerald Raises NETSTREIT (NYSE:NTST) Price Target to $24.00

NETSTREIT (NYSE:NTST) had its target price raised by equities researchers at Cantor Fitzgerald from $22.00 to $24.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 15.67% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Scotiabank lifted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “sector outperform” rating in a research report on Monday, March 2nd. Raymond James Financial downgraded shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and lifted their price target for the company from $21.00 to $22.00 in a research report on Tuesday, March 17th. Mizuho lifted their price target on shares of NETSTREIT from $19.00 to $23.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. BTIG Research lifted their price target on shares of NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Finally, Robert W. Baird lifted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Tuesday. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.10.

NETSTREIT Price Performance

Shares of NTST opened at $20.75 on Wednesday. NETSTREIT has a twelve month low of $15.23 and a twelve month high of $21.30. The stock’s 50 day moving average is $20.06 and its two-hundred day moving average is $18.87. The firm has a market capitalization of $2.02 billion, a PE ratio of 159.62, a P/E/G ratio of 3.25 and a beta of 0.88. The company has a current ratio of 2.84, a quick ratio of 3.12 and a debt-to-equity ratio of 0.81.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings results on Monday, April 20th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The company had revenue of $57.06 million for the quarter, compared to analyst estimates of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Research analysts anticipate that NETSTREIT will post 1.3 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. raised its holdings in NETSTREIT by 11.9% in the 3rd quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock valued at $161,783,000 after acquiring an additional 955,951 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in NETSTREIT by 1,042.3% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 162,200 shares of the company’s stock valued at $2,929,000 after acquiring an additional 148,000 shares during the last quarter. AlphaQuest LLC raised its holdings in NETSTREIT by 100.7% in the 3rd quarter. AlphaQuest LLC now owns 193,566 shares of the company’s stock valued at $3,496,000 after acquiring an additional 97,116 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in NETSTREIT by 76.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock valued at $1,435,000 after acquiring an additional 34,334 shares during the last quarter. Finally, Tributary Capital Management LLC raised its holdings in NETSTREIT by 92.6% in the 3rd quarter. Tributary Capital Management LLC now owns 1,559,924 shares of the company’s stock valued at $28,172,000 after acquiring an additional 749,811 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.