What is Wedbush’s Forecast for NETSTREIT FY2026 Earnings?

NETSTREIT Corp. (NYSE:NTST) – Wedbush issued their FY2026 earnings estimates for NETSTREIT in a research note issued on Monday, March 3rd. Wedbush analyst J. Kornreich anticipates that the company will post earnings per share of $1.23 for the year. The consensus estimate for NETSTREIT’s current full-year earnings is $1.19 per share.

A number of other analysts also recently weighed in on the company. Scotiabank upgraded NETSTREIT from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $16.00 to $18.00 in a research note on Monday, November 11th. Capital One Financial began coverage on shares of NETSTREIT in a research report on Wednesday, February 12th. They set an “overweight” rating on the stock. Truist Financial lowered their price target on shares of NETSTREIT from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Raymond James reduced their price objective 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. Finally, Stifel Nicolaus lowered their target price on shares of NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, NETSTREIT presently has a consensus rating of “Buy” and an average target price of $17.75.

NETSTREIT Stock Performance

NYSE NTST opened at $14.91 on Wednesday. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -248.38 and a beta of 1.00. The business’s 50 day moving average is $14.27 and its two-hundred day moving average is $15.40. NETSTREIT has a 12-month low of $13.42 and a 12-month high of $18.97. 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a yield of 5.64%. NETSTREIT’s payout ratio is -525.00%.

Hedge Funds Weigh In On NETSTREIT

Several hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC acquired a new stake in shares of NETSTREIT in the fourth quarter valued at approximately $41,000. PNC Financial Services Group Inc. raised its position in shares of NETSTREIT by 861.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,430 shares of the company’s stock worth $77,000 after purchasing an additional 4,865 shares during the last quarter. Comerica Bank lifted its stake in NETSTREIT by 174.3% in the 4th quarter. Comerica Bank now owns 9,703 shares of the company’s stock valued at $137,000 after buying an additional 6,166 shares in the last quarter. Prudent Man Advisors LLC acquired a new stake in NETSTREIT during the 4th quarter valued at $143,000. Finally, Mariner LLC purchased a new position in NETSTREIT during the fourth quarter worth $143,000.

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.