NETSTREIT (NYSE:NTST) Releases FY 2025 Earnings Guidance

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

NETSTREIT Stock Down 0.7 %

NYSE:NTST traded down $0.10 during midday trading on Monday, hitting $14.21. 954,882 shares of the company were exchanged, compared to its average volume of 794,148. NETSTREIT has a fifty-two week low of $13.42 and a fifty-two week high of $18.97. The company has a market capitalization of $1.16 billion, a PE ratio of -236.73 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. The company has a fifty day simple moving average of $14.21 and a 200 day simple moving average of $15.45.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NTST shares. Mizuho reduced their target price on NETSTREIT from $17.00 to $15.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Scotiabank upgraded NETSTREIT from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $16.00 to $18.00 in a research note on Monday, November 11th. Stifel Nicolaus decreased their price objective on NETSTREIT from $19.50 to $19.25 and set a “buy” rating for the company in a report on Tuesday, November 5th. Capital One Financial began coverage on shares of NETSTREIT in a report on Wednesday, February 12th. They issued an “overweight” rating on the stock. Finally, Raymond James decreased their price target on shares of NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating for the company in a research note on Friday, January 17th. One 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 data from MarketBeat, NETSTREIT presently has an average rating of “Buy” and a consensus 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.