Daniel Donlan Buys 1,200 Shares of NETSTREIT (NYSE:NTST) Stock

NETSTREIT Corp. (NYSE:NTST) CFO Daniel Donlan acquired 1,200 shares of the company’s stock in a transaction on Friday, September 4th. The shares were bought at an average cost of $20.12 per share, with a total value of $24,144.00. Following the acquisition, the chief financial officer directly owned 44,862 shares in the company, valued at approximately $902,623.44. The trade was a 2.75% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NETSTREIT Stock Down 1.0%

Shares of NTST opened at $20.02 on Thursday. NETSTREIT Corp. has a 1 year low of $17.02 and a 1 year high of $22.47. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. The business’s 50 day simple moving average is $21.06 and its 200-day simple moving average is $20.49. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 133.50, a price-to-earnings-growth ratio of 2.62 and a beta of 0.80.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The business had revenue of $61.28 million during the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities analysts expect that NETSTREIT Corp. will post 1.3 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.225 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a yield of 4.5%. NETSTREIT’s dividend payout ratio (DPR) is presently 600.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Cantor Fitzgerald upped their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a research report on Friday, August 7th. Jefferies Financial Group restated a “buy” rating and issued a $25.00 target price on shares of NETSTREIT in a research note on Wednesday, July 29th. BMO Capital Markets raised their target price on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Finally, UBS Group set a $22.00 price target on shares of NETSTREIT in a research note on Thursday, June 18th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NTST. Public Employees Retirement System of Ohio purchased a new position in NETSTREIT during the 2nd quarter worth $2,339,000. Easterly Investment Partners LLC acquired a new position in NETSTREIT during the 4th quarter valued at about $9,422,000. Dockside LLC purchased a new stake in NETSTREIT in the second quarter valued at about $1,202,000. William Blair Investment Management LLC purchased a new stake in NETSTREIT in the second quarter valued at about $17,695,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in NETSTREIT by 111.3% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after acquiring an additional 180,600 shares in the last quarter.

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.