NETSTREIT (NYSE:NTST) Updates FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.270-1.300 for the period, compared to the consensus estimate of 1.270. The company issued revenue guidance of -.

NETSTREIT Stock Performance

NETSTREIT stock opened at $14.81 on Wednesday. The stock has a fifty day moving average price of $14.19 and a 200 day moving average price of $15.44. NETSTREIT has a 52 week low of $13.42 and a 52 week high of $18.97. The firm has a market capitalization of $1.21 billion, a P/E ratio of -246.79 and a beta of 1.00. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.57.

NETSTREIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend is Friday, March 14th. NETSTREIT’s dividend payout ratio is currently -1,400.00%.

Analyst Ratings Changes

NTST has been the subject of a number of research analyst reports. Truist Financial dropped their price objective on NETSTREIT from $20.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Raymond James dropped their price target on NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating for the company in a research note on Friday, January 17th. Mizuho cut their price objective on NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. Capital One Financial assumed coverage on NETSTREIT in a report on Wednesday, February 12th. They set an “overweight” rating for the company. Finally, Scotiabank upgraded shares of NETSTREIT from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $16.00 to $18.00 in a report on Monday, November 11th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $17.75.

About 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.