NETSTREIT (NYSE:NTST) Hits New 12-Month High – Time to Buy?

Shares of NETSTREIT Corp. (NYSE:NTST) hit a new 52-week high on Thursday . The stock traded as high as $22.07 and last traded at $21.9490, with a volume of 209007 shares traded. The stock had previously closed at $21.25.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NTST shares. 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, April 21st. Wells Fargo & Company upped their price objective on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. UBS Group set a $22.00 price objective on shares of NETSTREIT in a research report on Thursday, June 18th. Weiss Ratings upgraded shares of NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Finally, BMO Capital Markets started coverage on NETSTREIT in a research report on Friday, April 17th. They issued an “outperform” rating and a $24.00 target price on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NETSTREIT has a consensus rating of “Moderate Buy” and a consensus price target of $22.45.

NETSTREIT Stock Up 0.4%

The company has a market capitalization of $2.16 billion, a PE ratio of 171.07, a PEG ratio of 2.85 and a beta of 0.82. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. The business has a fifty day moving average of $20.61 and a 200 day moving average of $19.86.

NETSTREIT (NYSE:NTST) last issued 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). The business had revenue of $57.06 million for the quarter, compared to analysts’ expectations of $50.09 million. NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Equities research analysts anticipate that NETSTREIT Corp. will post 1.31 EPS for the current year.

Insider Activity at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average cost of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer directly owned 415,260 shares in the company, valued at approximately $7,968,839.40. This represents a 1.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robin Mcbride Zeigler sold 7,192 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 18,344 shares of the company’s stock, valued at $382,472.40. This represents a 28.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.66% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NTST. Parallel Advisors LLC increased its holdings in NETSTREIT by 175.2% during the 1st quarter. Parallel Advisors LLC now owns 3,680 shares of the company’s stock worth $69,000 after purchasing an additional 2,343 shares during the period. Bank of America Corp DE boosted its stake in shares of NETSTREIT by 12.2% in the 1st quarter. Bank of America Corp DE now owns 3,433,461 shares of the company’s stock valued at $64,652,000 after buying an additional 372,337 shares during the period. Amundi grew its position in shares of NETSTREIT by 35.4% during the first quarter. Amundi now owns 65,346 shares of the company’s stock worth $1,230,000 after buying an additional 17,074 shares in the last quarter. California State Teachers Retirement System grew its position in shares of NETSTREIT by 36.7% during the first quarter. California State Teachers Retirement System now owns 107,809 shares of the company’s stock worth $2,030,000 after buying an additional 28,924 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of NETSTREIT by 14.2% during the first quarter. The Manufacturers Life Insurance Company now owns 40,776 shares of the company’s stock worth $768,000 after buying an additional 5,084 shares during the period.

NETSTREIT Company Profile

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.