NETSTREIT (NYSE:NTST) Upgraded by Jefferies Financial Group to “Strong-Buy” Rating

Jefferies Financial Group upgraded shares of NETSTREIT (NYSE:NTST) to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

NTST has been the subject of several other reports. UBS Group raised their target price on NETSTREIT from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Stifel Nicolaus raised their target price on NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. BMO Capital Markets initiated coverage on NETSTREIT in a research report on Friday, April 17th. They issued an “outperform” rating and a $24.00 target price for the company. Citigroup reaffirmed a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Finally, Scotiabank lifted their price objective on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $22.52.

NETSTREIT Stock Down 2.4%

Shares of NTST stock opened at $19.77 on Monday. The stock has a market cap of $1.92 billion, a P/E ratio of 152.12, a price-to-earnings-growth ratio of 2.74 and a beta of 0.84. NETSTREIT has a one year low of $15.68 and a one year high of $21.30. The stock has a fifty day moving average price of $20.08 and a 200 day moving average price of $19.18. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.84 and a quick ratio of 2.84.

NETSTREIT (NYSE:NTST) last issued its earnings results on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $57.06 million during the quarter, compared to the consensus estimate of $50.10 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. Analysts predict that NETSTREIT will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 17.8%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date is Monday, June 1st. NETSTREIT’s dividend payout ratio is 676.92%.

Insider Buying and Selling at NETSTREIT

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total value of $149,953.20. Following the completion of the sale, the director directly owned 18,344 shares in the company, valued at approximately $382,472.40. This trade represents a 28.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allianz Asset Management GmbH increased its position in NETSTREIT by 76.1% in the third quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock worth $1,435,000 after purchasing an additional 34,334 shares during the period. Vanguard Group Inc. increased its position in NETSTREIT by 7.8% in the third quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock worth $161,841,000 after purchasing an additional 646,153 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in NETSTREIT in the third quarter worth about $3,277,000. Hudson Bay Capital Management LP increased its position in NETSTREIT by 35.1% in the third quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock worth $68,531,000 after purchasing an additional 986,842 shares during the period. Finally, APG Asset Management US Inc. increased its position in NETSTREIT by 8.7% in the third quarter. APG Asset Management US Inc. now owns 956,127 shares of the company’s stock worth $17,478,000 after purchasing an additional 76,250 shares during the period.

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.