NETSTREIT (NYSE:NTST) Posts Earnings Results, Beats Expectations By $0.01 EPS

NETSTREIT (NYSE:NTST) released its quarterly earnings results on Monday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01, Zacks reports. NETSTREIT had a negative return on equity of 0.35% and a negative net margin of 2.96%. NETSTREIT updated its FY 2025 guidance to 1.270-1.300 EPS.

NETSTREIT Stock Down 0.7 %

NETSTREIT stock traded down $0.10 during mid-day trading on Monday, reaching $14.21. The stock had a trading volume of 954,882 shares, compared to its average volume of 794,148. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.11 and a current ratio of 4.11. NETSTREIT has a fifty-two week low of $13.42 and a fifty-two week high of $18.97. The stock’s 50-day simple moving average is $14.21 and its 200-day simple moving average is $15.45. The firm has a market capitalization of $1.16 billion, a PE ratio of -236.73 and a beta of 1.00.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NTST. Truist Financial decreased their price target on shares of NETSTREIT from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Capital One Financial began coverage on NETSTREIT in a report on Wednesday, February 12th. They issued an “overweight” rating for the company. Scotiabank raised NETSTREIT from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $16.00 to $18.00 in a report on Monday, November 11th. Stifel Nicolaus lowered their price objective on NETSTREIT from $19.50 to $19.25 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, Raymond James decreased their target price on shares of NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating for the company in a research report on Friday, January 17th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $17.75.

NETSTREIT Company Profile

NETSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.