NETSTREIT (NYSE:NTST) Releases Earnings Results, Beats Estimates By $0.01 EPS

NETSTREIT (NYSE:NTST) posted its quarterly earnings results on Monday. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates 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 Price Performance

Shares of NYSE:NTST traded down $0.10 during trading on Monday, hitting $14.21. 954,882 shares of the company were exchanged, compared to its average volume of 794,148. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.57. NETSTREIT has a 1-year low of $13.42 and a 1-year high of $18.97. The company has a market capitalization of $1.16 billion, a P/E ratio of -236.73 and a beta of 1.00. The business’s 50 day moving average is $14.21 and its 200-day moving average is $15.45.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Stifel Nicolaus decreased their target price on shares of NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Mizuho lowered their price objective on shares of NETSTREIT from $17.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Capital One Financial began coverage on NETSTREIT in a report on Wednesday, February 12th. They issued an “overweight” rating on the stock. Truist Financial decreased their price target on NETSTREIT from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Finally, Raymond James dropped their price objective on 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 research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target 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.