NETSTREIT (NYSE:NTST) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

NETSTREIT (NYSE:NTST) issued its earnings results on Monday. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01, Zacks reports. NETSTREIT had a negative net margin of 2.96% and a negative return on equity of 0.35%. NETSTREIT updated its FY 2025 guidance to 1.270-1.300 EPS.

NETSTREIT Stock Performance

NYSE:NTST traded down $0.10 during mid-day trading on Monday, reaching $14.21. 954,882 shares of the company’s stock were exchanged, compared to its average volume of 794,148. NETSTREIT has a one year low of $13.42 and a one 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 business’s fifty day simple moving average is $14.21 and its two-hundred day simple moving average is $15.45. The firm has a market capitalization of $1.16 billion, a PE ratio of -236.73 and a beta of 1.00.

Analyst Ratings Changes

A number of research firms have recently issued reports on NTST. Stifel Nicolaus cut their price objective on NETSTREIT from $19.50 to $19.25 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Truist Financial reduced their price objective on shares of NETSTREIT from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Raymond James dropped their price objective on shares of NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating on the stock in a research report on Friday, January 17th. Capital One Financial began coverage on shares of NETSTREIT in a research note on Wednesday, February 12th. They set an “overweight” rating for the company. Finally, Mizuho decreased their price target on shares of NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, NETSTREIT presently has an average rating of “Buy” and a consensus target price of $17.75.

About NETSTREIT

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.