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NETSTREITNYSE: NTST

Profile

Industry:

Retail

Country:

United States

IPO:

13 August 2020

Next earnings report:

14 February 2025

Last dividends:

03 September 2024

Next dividends:

02 December 2024
$1.26 B
-8%vs. 3y high
50%vs. sector
-vs. 3y high
-vs. sector
-32%vs. 3y high
40%vs. sector
-51%vs. 3y high
80%vs. sector

Price

after hours | Fri, 15 Nov 2024 22:47:45 GMT
$15.45-$0.30(-1.90%)
$37.82 M$42.43 M
$37.82 M-$5.29 M

Analysts recommendations

Institutional Ownership

NTST Latest News

Netstreit: 2 Reasons Not To Buy This REIT As Real Estate Rebounds
seekingalpha.com12 November 2024 Sentiment: NEGATIVE

NETSTREIT's Q3 earnings showed growth in revenue and portfolio, but the REIT continues to underperform compared to top sector peers. Portfolio quality issues, particularly high exposure to dollar stores and drug stores, pose significant risks to NTST's credit quality and diversification goals. Despite strengths like no near-term debt maturities and high-rated tenants, NTST's concentrated portfolio makes it an unattractive acquisition target and limits valuation expansion.

NETSTREIT Corp. (NTST) Q3 2024 Earnings Call Transcript
seekingalpha.com05 November 2024 Sentiment: NEUTRAL

NETSTREIT Corp. (NYSE:NTST ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Amy An - Investor Relations Mark Manheimer - Chief Executive Officer Dan Donlan - Chief Financial Officer Conference Call Participants Wes Golladay - Baird Ravi Vaidya - Mizuho Nicholas Joseph - Citi Ki Bin Kim - Truist Securities Kathryn Graves - UBS Upal Rana - KeyBanc Capital Markets Greg McGinniss - Scotiabank Farrell Granath - Bank of America Operator Greetings, and welcome to NETSTREIT Corp Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

NETSTREIT (NTST) Reports Q3 Earnings: What Key Metrics Have to Say
zacks.com04 November 2024 Sentiment: POSITIVE

Although the revenue and EPS for NETSTREIT (NTST) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

NETSTREIT (NTST) Meets Q3 FFO Estimates
zacks.com04 November 2024 Sentiment: POSITIVE

NETSTREIT (NTST) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.31 per share a year ago.

REITs Are Back! 3 Gems To Buy Before Everyone Else Does
seekingalpha.com27 September 2024 Sentiment: POSITIVE

The $22.5 trillion U.S. commercial real estate market is showing signs of recovery, fueled by improved lending conditions and rebounding property prices. Lower rates and rebounding liquidity could support further growth, but risks remain, particularly for office properties facing a massive maturity wall. Amid these trends, several REITs offer strong income potential and growth opportunities, thanks to strategic positioning and resilient business models.

NETSTREIT: A Solid Dividend And Significant Undervaluation
seekingalpha.com21 September 2024 Sentiment: POSITIVE

NETSTREIT is a net-lease retail REIT that operates on a national scale. The REIT's portfolio is well-diversified, and its long-term leases enhance cash flow predictability. Recent performance shows significant growth in ABR, NOI, and AFFO.

Netstreit Has Become More Compelling (Rating Upgrade)
seekingalpha.com20 August 2024 Sentiment: POSITIVE

NETSTREIT is a small triple-net lease, retail/service-oriented REIT with properties across 45 states. The Company is not as popular as its larger peers. NTST delivered solid Q2 2024 results and upheld its key business and credit metrics. In the meantime, the Company realised $115.8m of investment volume at a positive spread. I've upgraded my rating on NTST as its valuation is substantially more attractive now, both in absolute and relative terms.

NETSTREIT Corp. (NTST) Q2 2024 Earnings Call Transcript
seekingalpha.com30 July 2024 Sentiment: NEUTRAL

NETSTREIT Corp. (NYSE:NTST ) Q2 2024 Earnings Call Transcript July 30, 2024 11:00 AM ET Company Participants Amy An - IR Mark Manheimer - CEO Dan Donlan - CFO Conference Call Participants Wes Golladay - Baird Smedes Rose - Citi Ravi Vaidya - Mizuho Greg McGinniss - Scotiabank Upal Rana - KeyBanc Capital Markets Farrell Granath - Bank of America Ki Bin Kim - Truist Securities Operator Greetings and welcome to the NETSTREIT Corp. Second Quarter 2024 Earnings Call. At this time, all participants are in the listen-only mode.

NETSTREIT (NTST) Q2 FFO and Revenues Beat Estimates
zacks.com29 July 2024 Sentiment: POSITIVE

NETSTREIT (NTST) came out with quarterly funds from operations (FFO) of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.30 per share a year ago.

Netstreit: Worth Holding, But There Are Better Alternatives
seekingalpha.com14 July 2024 Sentiment: POSITIVE

NETSTREIT is worth holding due to strong business metrics, well-covered dividends, no debt maturing until 2027, reasonable valuation, investment-grade tenants, and impressive AFFO per share growth. However, there are better alternatives within the retail/service-oriented property sector due to NTST's lower investment spreads, negligible dividend growth, high tenant concentration, and limited upside potential. I perceive ADC, EPRT, and NNN as more attractive opportunities. They share NTST's strengths and have better managed their weaknesses.

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What type of business is NETSTREIT?

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. Led by a management team of seasoned commercial real estate executives, NETSTREIT's strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.

What sector is NETSTREIT in?

NETSTREIT is in the Real Estate sector

What industry is NETSTREIT in?

NETSTREIT is in the Retail industry

What country is NETSTREIT from?

NETSTREIT is headquartered in United States

When did NETSTREIT go public?

NETSTREIT initial public offering (IPO) was on 13 August 2020

What is NETSTREIT website?

https://www.netstreit.com

Is NETSTREIT in the S&P 500?

No, NETSTREIT is not included in the S&P 500 index

Is NETSTREIT in the NASDAQ 100?

No, NETSTREIT is not included in the NASDAQ 100 index

Is NETSTREIT in the Dow Jones?

No, NETSTREIT is not included in the Dow Jones index

When was NETSTREIT the previous earnings report?

No data

When does NETSTREIT earnings report?

The next expected earnings date for NETSTREIT is 14 February 2025