NETSTREIT (NYSE:NTST) Sees Strong Trading Volume – Should You Buy?

Shares of NETSTREIT Corp. (NYSE:NTST) saw unusually-strong trading volume on Thursday . 1,118,421 shares were traded during trading, a decline of 21% from the previous session’s volume of 1,421,485 shares.The stock last traded at $20.6950 and had previously closed at $20.38.

Analyst Ratings Changes

Several research firms have commented on NTST. Scotiabank cut their target price on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Weiss Ratings raised shares of NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Raymond James Financial downgraded shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the company from $21.00 to $22.00 in a report on Tuesday, March 17th. BMO Capital Markets began coverage on shares of NETSTREIT in a research report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price objective on the stock. Finally, UBS Group set a $22.00 target price on shares of NETSTREIT in a report on Thursday, June 18th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $22.45.

NETSTREIT Stock Up 2.1%

The firm has a fifty day moving average of $20.32 and a 200-day moving average of $19.43. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81. The firm has a market cap of $2.06 billion, a P/E ratio of 163.10, a price-to-earnings-growth ratio of 2.67 and a beta of 0.84.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings results on Monday, April 20th. The company reported $0.06 earnings per share 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 during the quarter, compared to the consensus estimate of $50.09 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. On average, equities research analysts anticipate that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.88 dividend. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 annualized dividend and a dividend yield of 16.6%. The ex-dividend date of this dividend was Monday, June 1st. NETSTREIT’s dividend payout ratio (DPR) is 676.92%.

Insiders Place Their Bets

In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $20.85, for a total transaction of $149,953.20. Following the sale, the director directly owned 18,344 shares of the company’s stock, valued at approximately $382,472.40. This represents a 28.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Mark Manheimer purchased 5,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was purchased at an average price of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.66% of the stock is currently owned by insiders.

Institutional Investors Weigh In On NETSTREIT

Hedge funds have recently bought and sold shares of the company. Loomis Sayles & Co. L P increased its position in NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after buying an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after buying an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of NETSTREIT by 36.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after buying an additional 650 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of NETSTREIT during the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC bought a new position in shares of NETSTREIT during the 4th quarter worth approximately $45,000.

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.