NETSTREIT (NYSE:NTST) Sees Strong Trading Volume – What’s Next?

NETSTREIT Corp. (NYSE:NTST) saw an uptick in trading volume on Thursday . Approximately 1,118,421 shares changed hands during mid-day trading, a decline of 21% from the previous session’s volume of 1,421,485 shares.The stock last traded at $20.6950 and had previously closed at $20.38.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NTST. Raymond James Financial lowered NETSTREIT from a “strong-buy” rating to an “outperform” rating and increased their target price for the company from $21.00 to $22.00 in a research report on Tuesday, March 17th. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Truist Financial increased their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Scotiabank dropped their target price on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Finally, Cantor Fitzgerald upped their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and an average target price of $22.30.

NETSTREIT Trading Up 0.7%

The company has a 50 day moving average of $20.29 and a 200 day moving average of $19.39. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 157.59, a P/E/G ratio of 2.56 and a beta of 0.84.

NETSTREIT (NYSE:NTST) last released its 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. On average, research analysts predict that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 17.2%. The ex-dividend date was Monday, June 1st. This is a positive change from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s payout ratio is currently 676.92%.

Insider Buying and Selling

In related news, CEO Mark Manheimer bought 5,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were acquired at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the acquisition, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robin Mcbride Zeigler sold 7,192 shares of the company’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 value of $149,953.20. Following the completion of the sale, the director owned 18,344 shares of the company’s stock, 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. Company insiders own 0.66% of the company’s stock.

Institutional Trading of NETSTREIT

A number of hedge funds and other institutional investors have recently modified their holdings of NTST. Loomis Sayles & Co. L P raised its holdings in shares of NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after acquiring an additional 1,333 shares during the period. EverSource Wealth Advisors LLC increased its position in NETSTREIT by 1,123.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in NETSTREIT by 36.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in NETSTREIT during the fourth quarter worth about $44,000. Finally, Inspire Investing LLC purchased a new position in NETSTREIT during the fourth 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.