NETSTREIT (NYSE:NTST) CFO Buys $17,400.00 in Stock

NETSTREIT Corp. (NYSE:NTST) CFO Daniel Donlan purchased 1,000 shares of NETSTREIT stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average cost of $17.40 per share, with a total value of $17,400.00. Following the acquisition, the chief financial officer directly owned 25,075 shares of the company’s stock, valued at $436,305. The trade was a 4.15% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

NETSTREIT Stock Up 0.3%

NTST stock traded up $0.06 during midday trading on Monday, hitting $17.52. 173,158 shares of the company’s stock were exchanged, compared to its average volume of 1,077,341. The firm has a 50 day moving average price of $18.28 and a 200-day moving average price of $17.96. NETSTREIT Corp. has a 12-month low of $13.42 and a 12-month high of $19.64. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -1,752,500.00, a price-to-earnings-growth ratio of 3.72 and a beta of 0.90. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.84.

NETSTREIT (NYSE:NTST) last released its quarterly earnings results on Monday, October 27th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.32). The company had revenue of $48.31 million for the quarter, compared to analyst estimates of $47.78 million. NETSTREIT had a return on equity of 0.01% and a net margin of 0.10%.NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. On average, analysts anticipate that NETSTREIT Corp. will post 1.19 EPS for the current year.

NETSTREIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, December 1st.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NTST shares. Weiss Ratings restated a “hold (c)” rating on shares of NETSTREIT in a research note on Monday, December 15th. Stifel Nicolaus upped their price target on NETSTREIT from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Mizuho decreased their price objective on shares of NETSTREIT from $20.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, December 17th. Robert W. Baird boosted their target price on shares of NETSTREIT from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Finally, Truist Financial raised their price target on shares of NETSTREIT from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, NETSTREIT has an average rating of “Moderate Buy” and an average price target of $20.45.

Hedge Funds Weigh In On NETSTREIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its stake in shares of NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after acquiring an additional 1,640 shares during the period. State of Wyoming bought a new position in NETSTREIT during the 1st quarter valued at $58,000. CWM LLC raised its stake in shares of NETSTREIT by 108.0% in the 2nd quarter. CWM LLC now owns 4,687 shares of the company’s stock worth $79,000 after buying an additional 2,434 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of NETSTREIT by 39.1% in the third quarter. CIBC Private Wealth Group LLC now owns 7,299 shares of the company’s stock valued at $132,000 after buying an additional 2,051 shares during the period. Finally, Quadrant Capital Group LLC bought a new position in NETSTREIT during the third quarter valued at about $159,000.

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.