NETSTREIT (NYSE:NTST) Updates FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.270-1.300 for the period, compared to the consensus estimate of 1.270. The company issued revenue guidance of -.

NETSTREIT Trading Up 4.1 %

NYSE:NTST opened at $14.81 on Wednesday. NETSTREIT has a 1 year low of $13.42 and a 1 year high of $18.97. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.11 and a current ratio of 4.11. The stock has a fifty day moving average price of $14.19 and a two-hundred day moving average price of $15.44. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of -246.79 and a beta of 1.00.

NETSTREIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.21 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.67%. NETSTREIT’s dividend payout ratio is presently -1,400.00%.

Analyst Ratings Changes

NTST has been the topic of several recent analyst reports. Mizuho lowered their target price on shares of NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. Raymond James decreased their price target on NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 17th. Scotiabank raised NETSTREIT from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $16.00 to $18.00 in a research note on Monday, November 11th. Truist Financial decreased their target price on NETSTREIT from $20.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Finally, Stifel Nicolaus lowered their target price on NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a report on Tuesday, November 5th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, NETSTREIT has a consensus rating of “Buy” and a consensus price target of $17.75.

NETSTREIT Company Profile

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.