NETSTREIT (NYSE:NTST) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

NETSTREIT (NYSE:NTST) released its quarterly earnings data on Monday. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01), FiscalAI reports. NETSTREIT had a net margin of 3.54% and a return on equity of 0.51%. The business had revenue of $57.06 million during the quarter, compared to analyst estimates of $50.10 million. NETSTREIT updated its FY 2026 guidance to 1.360-1.390 EPS.

NETSTREIT Stock Up 0.4%

Shares of NTST opened at $20.91 on Tuesday. The firm has a market cap of $2.03 billion, a P/E ratio of 232.37, a price-to-earnings-growth ratio of 3.25 and a beta of 0.88. NETSTREIT has a 12-month low of $15.23 and a 12-month high of $21.30. The company’s 50-day moving average price is $19.98 and its 200 day moving average price is $18.83. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.75.

NETSTREIT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 16.8%. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s dividend payout ratio is 977.78%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. UBS Group increased their price target on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a report on Monday, March 9th. Weiss Ratings reissued a “hold (c)” rating on shares of NETSTREIT in a research note on Friday, March 27th. BTIG Research upped their target price on NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Mizuho lifted their price target on NETSTREIT from $19.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, Cantor Fitzgerald boosted their price target on shares of NETSTREIT from $20.00 to $22.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.77.

Institutional Investors Weigh In On NETSTREIT

A number of institutional investors have recently made changes to their positions in the stock. Loomis Sayles & Co. L P lifted its holdings in shares of NETSTREIT by 959.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after acquiring an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after purchasing an additional 1,640 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in NETSTREIT in the fourth quarter valued at approximately $44,000. Inspire Investing LLC purchased a new stake in NETSTREIT in the fourth quarter valued at approximately $45,000. Finally, FIL Ltd acquired a new position in NETSTREIT during the fourth quarter worth $104,000.

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.