NETSTREIT (NTST) Scheduled to Post Earnings on Monday

NETSTREIT (NYSE:NTST) will release its earnings data after the market closes on Monday, April 29th. Analysts expect NETSTREIT to post earnings of $0.29 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

NETSTREIT Price Performance

Shares of NYSE NTST opened at $17.01 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.25 and a quick ratio of 3.25. The stock has a fifty day moving average price of $17.28 and a 200 day moving average price of $16.85. NETSTREIT has a 1-year low of $13.49 and a 1-year high of $18.97. The company has a market cap of $1.25 billion, a PE ratio of 154.64, a P/E/G ratio of 3.57 and a beta of 0.97.

NETSTREIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend was Thursday, March 14th. NETSTREIT’s dividend payout ratio is presently 745.45%.

Analyst Ratings Changes

Several brokerages recently weighed in on NTST. KeyCorp raised NETSTREIT from an “underweight” rating to a “sector weight” rating in a report on Thursday, February 1st. Wolfe Research raised NETSTREIT from a “peer perform” rating to an “outperform” rating and set a $22.00 target price for the company in a report on Tuesday, January 2nd. Finally, Mizuho raised their target price on NETSTREIT from $18.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, March 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $18.11.

About NETSTREIT

NETSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.