NETSTREIT (NYSE:NTST) Sees Strong Trading Volume – Should You Buy?

Shares of NETSTREIT Corp. (NYSE:NTST) saw unusually-strong trading volume on Friday . Approximately 782,279 shares traded hands during trading, a decline of 36% from the previous session’s volume of 1,221,550 shares.The stock last traded at $17.4150 and had previously closed at $17.64.

Analysts Set New Price Targets

A number of research firms have recently commented on NTST. Mizuho cut their price objective on shares of NETSTREIT from $20.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Robert W. Baird increased their target price on shares of NETSTREIT from $20.00 to $21.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Stifel Nicolaus raised their price target on shares of NETSTREIT from $20.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Cantor Fitzgerald assumed coverage on shares of NETSTREIT in a report on Wednesday, October 1st. They issued an “overweight” rating and a $21.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of NETSTREIT in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.45.

NETSTREIT Stock Down 0.1%

The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.84. The stock has a 50-day simple moving average of $18.00 and a two-hundred day simple moving average of $18.02. The firm has a market cap of $1.47 billion, a PE ratio of -1,756,500.00, a P/E/G ratio of 3.76 and a beta of 0.90.

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

NETSTREIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.215 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.86 annualized dividend and a dividend yield of 4.9%.

Institutional Investors Weigh In On NETSTREIT

A number of hedge funds and other institutional investors have recently modified their holdings of NTST. American Century Companies Inc. boosted its holdings in NETSTREIT by 4.4% during the 1st quarter. American Century Companies Inc. now owns 25,465 shares of the company’s stock valued at $404,000 after acquiring an additional 1,065 shares during the period. Northern Trust Corp lifted its position in NETSTREIT by 1.5% in the first quarter. Northern Trust Corp now owns 895,119 shares of the company’s stock valued at $14,188,000 after purchasing an additional 13,431 shares during the last quarter. Comerica Bank lifted its position in NETSTREIT by 288.8% in the first quarter. Comerica Bank now owns 37,724 shares of the company’s stock valued at $598,000 after purchasing an additional 28,021 shares during the last quarter. Corebridge Financial Inc. boosted its stake in shares of NETSTREIT by 3.9% during the first quarter. Corebridge Financial Inc. now owns 40,168 shares of the company’s stock valued at $637,000 after purchasing an additional 1,506 shares during the period. Finally, State of Wyoming purchased a new stake in shares of NETSTREIT during the first quarter valued at approximately $58,000.

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.