Real Estate -
REIT - Retail - NYSE - US
$ 14.57
0.691 %
$ 1.19 B
Market Cap
-242.83
P/E
1. INTRINSIC VALUE
Balance Sheet
NETSTREIT Corp.
| Current Assets | 218 M |
| Cash & Short-Term Investments | 18.4 M |
| Receivables | 134 M |
| Other Current Assets | 65.8 M |
| Non-Current Assets | 1.73 B |
| Long-Term Investments | 0 |
| PP&E | 5.59 M |
| Other Non-Current Assets | 1.72 B |
| Current Liabilities | 26.8 M |
| Accounts Payable | 4.69 M |
| Short-Term Debt | 3.85 M |
| Other Current Liabilities | 18.3 M |
| Non-Current Liabilities | 646 M |
| Long-Term Debt | 640 M |
| Other Non-Current Liabilities | 5.89 M |
EFFICIENCY
Earnings Waterfall
NETSTREIT Corp.
| Revenue | 123 M |
| Cost Of Revenue | 16.9 M |
| Gross Profit | 106 M |
| Operating Expenses | 107 M |
| Operating Income | 24.1 M |
| Other Expenses | 17.3 M |
| Net Income | 6.84 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
NETSTREIT Corp.
| Net Income | 6.84 M |
| Depreciation & Amortization | 63.7 M |
| Capital Expenditures | -35 K |
| Stock-Based Compensation | 4.82 M |
| Change in Working Capital | 2.46 M |
| Others | 1.12 M |
| Free Cash Flow | 80.1 M |
Wall Street Analysts Price Targets
NETSTREIT Corp.
Wall Street analysts predict an average 1-year price target for NTST of $22.6 , with forecasts ranging from
a
low of
$16 to a high of $46 .
NTST Lowest Price Target
Wall Street Target
16 USD
9.81%
NTST Average Price Target
Wall Street Target
22.6 USD
55.28%
NTST Highest Price Target
Wall Street Target
46 USD
215.72%
4. DIVIDEND
ANALYSIS
1.27%
DIVIDEND YIELD
0.21 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
NETSTREIT Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
112 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
19.4 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Aug 19, 2024
|
Bought
19.4 K USD
|
Donlan Daniel P
CFO and Treasurer
|
+ 1200
|
16.2 USD |
|
8 months ago
May 16, 2024
|
Sell 112 K
USD
|
Minnis Todd
Director
|
- 6250
|
17.86 USD |
|
1 year ago
Sep 11, 2023
|
Bought
22 K USD
|
Donlan Daniel P
CFO and Treasurer
|
+ 1300
|
16.92 USD |
|
1 year ago
Aug 03, 2023
|
Bought
27.4 K USD
|
Manheimer Mark
President, CEO and Secretary
|
+ 1581
|
17.33 USD |
|
1 year ago
Aug 03, 2023
|
Bought
27.6 K USD
|
Manheimer Mark
President, CEO and Secretary
|
+ 1600
|
17.24 USD |
|
1 year ago
Aug 03, 2023
|
Bought
22.4 K USD
|
Donlan Daniel P
CFO and Treasurer
|
+ 1300
|
17.25 USD |
|
2 years ago
Mar 10, 2022
|
Sell 33.4 K
USD
|
Zeigler Robin McBride
director:
|
- 1563
|
21.36 USD |
|
2 years ago
Mar 10, 2022
|
Sell 31.7 K
USD
|
Wittman Lori
director:
|
- 1482
|
21.36 USD |
|
2 years ago
Mar 10, 2022
|
Sell 32.4 K
USD
|
Everett Heidi
director:
|
- 1516
|
21.36 USD |
|
2 years ago
Mar 10, 2022
|
Sell 27.1 K
USD
|
Minnis Todd
director:
|
- 1270
|
21.36 USD |
|
4 years ago
Nov 05, 2020
|
Bought
67.4 K USD
|
Manheimer Mark
President and CEO
|
+ 3767
|
17.88 USD |
|
4 years ago
Aug 17, 2020
|
Bought
270 K USD
|
TROXELL MATTHEW A
Director
|
+ 15000
|
18 USD |
|
4 years ago
Aug 17, 2020
|
Bought
67.5 K USD
|
Wittman Lori
Director
|
+ 3750
|
18 USD |
|
4 years ago
Aug 17, 2020
|
Bought
36 K USD
|
Blocher Andrew P
CFO, Treasurer and Secretary
|
+ 2000
|
18 USD |
7. News
Dirt Cheap And Up To 6% Yield - 3 Dividend Picks You Can't Miss
I am increasingly focusing on higher-yielding dividend stocks due to the need for income, especially for older and retired investors. With the market's high valuation, future returns will likely rely more on dividends, making high-yield stocks more attractive. Retail real estate stands out with low vacancy rates and favorable supply conditions, offering strong investment opportunities.
seekingalpha.com
- 3 weeks ago
1 REIT To Sell And 1 Strong Buy
Not all REITs are equal. The asset quality can differ greatly from one REIT to another. I highlight a good example of that.
seekingalpha.com
- 3 weeks ago
Buy The Dip: 2 REITs Getting Way Too Cheap
Some REITs suffered a dip in recent weeks. As a result, they have become cheap again. We highlight 2 of our favorite buy-the-dip opportunities.
seekingalpha.com
- 1 month ago
December's 5 Dividend Growth Stocks With 4.51%+ Yields
Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, starting with initial parameters, including dividend safety, growth, and consistency. Of course, further due diligence is essential; these initial screenings are just that “initial” and highlight potential names worth considering further but require further due diligence.
seekingalpha.com
- 1 month ago
Up To 8% Yields: 2 Worry-Free Dividend Stocks For Durable Income
Obsessing over short-term market moves leads to emotional investing and missed gains. This article stresses a long-term approach and managing investment anxiety for better results. Long-term focus and avoiding market timing are key to wealth building. Missing the market's best days severely impacts returns. A buy-and-hold strategy is advocated. Two high-quality income stocks are shared. One offers stable income like a top REIT, the other taps into a key energy infrastructure sector with strong growth potential.
seekingalpha.com
- 1 month ago
Netstreit: 2 Reasons Not To Buy This REIT As Real Estate Rebounds
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.
seekingalpha.com
- 2 months ago
2 Overpriced REITs To Avoid And 1 Better Buy
Not all REITs are worth buying. Some very popular REITs are today overpriced. I present two of them to avoid and one better alternative.
seekingalpha.com
- 2 months ago
NETSTREIT Corp. (NTST) Q3 2024 Earnings Call Transcript
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.
seekingalpha.com
- 2 months ago
NETSTREIT (NTST) Reports Q3 Earnings: What Key Metrics Have to Say
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.
zacks.com
- 2 months ago
NETSTREIT (NTST) Meets Q3 FFO Estimates
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.
zacks.com
- 2 months ago
NETSTREIT Reports Third Quarter 2024 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the third quarter ended September 30, 2024. “We are pleased to announce our highest quarterly investment activity in the Company's history with $151.6 million in gross investments at a blended cash yield of 7.5%. Our 100% occupied portfolio remains in excellent condition to support our growing earnings base and attractive dividend yield. Looking forward, we remain focused on.
businesswire.com
- 2 months ago
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the office sector remained the most-shorted at 5.3% of shares outstanding. Wheeler Real Estate Investment Trust logged the largest increase in short interest, up 16 percentage points to 32.4% of shares outstanding.
seekingalpha.com
- 3 months ago
8. Profile
Summary
NETSTREIT Corp. NTST
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 1.19 B
Dividend Yield
1.27%
Description
NETSTREIT 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.
Contact
5910 North Central Expressway, Dallas, TX, 75206
https://www.netstreit.com
IPO
Date
Aug. 13, 2020
Employees
28
Officers
Mr. Mark Manheimer
President, Chief Executive Officer, Secretary & Director
Mr. Jeff Fuge
Senior Vice President of Acquisitions
Mr. Chad Shafer
Senior Vice President of Real Estate & Underwriting
Mr. Daniel Paul Donlan
Chief Financial Officer, Interim Principal Accounting Officer & Treasurer
Ms. Amy An
Senior Associate of Investor Relations