NETSTREIT (NYSE:NTST) Stock Price Expected to Rise, BTIG Research Analyst Says

NETSTREIT (NYSE:NTST) had its price objective increased by equities research analysts at BTIG Research from $22.00 to $24.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price target points to a potential upside of 15.65% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the company. Wells Fargo & Company boosted their price target on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Raymond James Financial cut 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. Cantor Fitzgerald upped their target price on NETSTREIT from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Truist Financial increased their target price on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Scotiabank decreased their price target on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, NETSTREIT presently has a consensus rating of “Moderate Buy” and an average price target of $22.45.

NETSTREIT Price Performance

NYSE:NTST opened at $20.75 on Friday. NETSTREIT has a 52 week low of $16.45 and a 52 week high of $21.30. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 159.64, a P/E/G ratio of 2.62 and a beta of 0.84. The firm’s 50-day simple moving average is $20.30 and its 200 day simple moving average is $19.42. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.The business had revenue of $57.06 million during the quarter, compared to analyst estimates of $50.09 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. As a group, sell-side analysts predict that NETSTREIT will post 1.31 earnings per share for the current year.

Insider Transactions at NETSTREIT

In related news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The shares were bought at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares in the company, valued at approximately $7,968,839.40. This trade represents a 1.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robin Mcbride Zeigler sold 7,192 shares of NETSTREIT 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 sale, the director directly owned 18,344 shares in the company, valued at $382,472.40. This trade represents a 28.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

Hedge funds have recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P increased its holdings in shares of 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 in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after acquiring an additional 1,640 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in NETSTREIT by 36.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after acquiring an additional 650 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in NETSTREIT during the 4th quarter worth $44,000. Finally, Inspire Investing LLC acquired a new position in NETSTREIT in the 4th quarter worth about $45,000.

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.