NTST - NETSTREIT Corp. Stock Price, Fair Value and News

17.84USD-0.02 (-0.11%)Delayed

Market Summary

USD17.84-0.02

Delayed

-0.11%

NTST Alerts

Big jump in Revenue (Y/Y)

NTST Stock Price

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NTST RSI Chart

NTST Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

202.53

Price/Sales (Trailing)

9.34

EV/EBITDA

13.68

Price/Free Cashflow

NTST Price/Sales (Trailing)

NTST Profitability

EBT Margin

4.62%

Return on Equity

0.51%

Return on Assets

0.32%

Free Cashflow Yield

5.88%

NTST Fundamentals

NTST Revenue

Revenue (TTM)

140.1M

Rev. Growth (Yr)

27.91%

Rev. Growth (Qtr)

2.2%

NTST Earnings

Earnings (TTM)

6.5M

Earnings Growth (Yr)

-29.01%

Earnings Growth (Qtr)

-47.61%

Breaking Down NTST Revenue

Last 7 days

1.0%

Last 30 days

8.3%

Last 90 days

2.9%

Trailing 12 Months

-1.4%

How does NTST drawdown profile look like?

NTST Financial Health

NTST Investor Care

Shares Dilution (1Y)

20.54%

Diluted EPS (TTM)

0.09

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	140.1M	0	0	0
2023	104.4M	113.4M	122.3M	131.9M
2022	68.5M	77.4M	86.8M	96.3M
2021	40.2M	46.8M	52.8M	59.1M
2020	23.3M	26.8M	30.2M	33.7M
2019	0	0	0	19.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of NETSTREIT Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 10, 2024	donlan daniel p	acquired	-	-	11,679	cfo and treasurer
Apr 10, 2024	donlan daniel p	sold (taxes)	-78,495	17.18	-4,569	cfo and treasurer
Mar 08, 2024	gibbs patricia marie	acquired	-	-	2,102	svp, cao
Mar 08, 2024	manheimer mark	acquired	-	-	25,754	president, ceo and secretary
Mar 08, 2024	gibbs patricia marie	sold (taxes)	-18,061	17.4	-1,038	svp, cao
Mar 08, 2024	manheimer mark	sold (taxes)	-470,165	17.4	-27,021	president, ceo and secretary
Mar 08, 2024	gibbs patricia marie	acquired	-	-	1,050	svp, cao
Mar 08, 2024	manheimer mark	acquired	-	-	35,169	president, ceo and secretary
Feb 28, 2024	gibbs patricia marie	acquired	-	-	2,581	svp, cao
Feb 28, 2024	everett heidi	acquired	-	-	4,458	-

Which funds bought or sold NTST recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	added	6.39	4,314	49,811	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-3.34	-6,609	1,262,900	-%
May 16, 2024	JANE STREET GROUP, LLC	added	4.6	24,214	340,819	-%
May 15, 2024	Squarepoint Ops LLC	reduced	-88.31	-1,455,800	199,186	-%
May 15, 2024	MORGAN STANLEY	added	0.07	2,508,700	86,501,900	0.01%
May 15, 2024	Steward Partners Investment Advisory, LLC	new	-	2,113	2,113	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	reduced	-65.6	-751,358	411,837	-%
May 15, 2024	Nebula Research & Development LLC	new	-	323,036	323,036	0.07%
May 15, 2024	JANUS HENDERSON GROUP PLC	added	0.01	15,189	520,775	-%
May 15, 2024	DARK FOREST CAPITAL MANAGEMENT LP	added	21.58	279,866	1,394,100	0.24%

Are Funds Buying or Selling NTST?

Are funds buying NTST calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NTST

No. of Funds

NTST Alerts

Big jump in Revenue (Y/Y)

Unveiling NETSTREIT Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.04%	7,352,295	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	7.2%	4,936,142	SC 13G
Feb 14, 2024	cohen & steers, inc.	13.60%	9,344,847	SC 13G/A
Feb 13, 2024	principal real estate investors llc	5.68%	3,902,939	SC 13G/A
Feb 13, 2024	vanguard group inc	9.88%	6,785,782	SC 13G/A
Feb 09, 2024	morgan stanley	6.4%	4,384,338	SC 13G
Jan 24, 2024	blackrock inc.	11.3%	7,794,586	SC 13G/A
Jan 22, 2024	citadel advisors llc	5.0%	6	SC 13G
Jan 18, 2024	integrated core strategies (us) llc	5.7%	3,884,187	SC 13G
Oct 10, 2023	cohen & steers, inc.	13.23%	8,863,414	SC 13G/A

Recent SEC filings of NETSTREIT Corp.

View All Filings

Date Filed	Form Type	Document
May 17, 2024	8-K	Current Report
May 16, 2024	144	Notice of Insider Sale Intent
Apr 29, 2024	10-Q	Quarterly Report
Apr 29, 2024	8-K	Current Report
Apr 12, 2024	4	Insider Trading
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 01, 2024	DEFA14A	DEFA14A
Apr 01, 2024	DEF 14A	DEF 14A
Apr 01, 2024	ARS	ARS
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to NETSTREIT Corp.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

NETSTREIT Corp. News

Latest updates

NETSTREIT Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Revenue	2.2%	37,673	36,863	33,961	31,630	29,452	27,300	25,013	22,634	21,332	17,807	15,603	13,798	11,932	11,450	9,652	7,117	5,508	5,147	4,786
Costs and Expenses	4.1%	31,141	29,915	26,501	27,488	23,903	23,057	20,549	20,903	18,267	15,673	13,719	16,031	10,236	11,147	11,029	7,440	5,611	-	6,751
S&GA Expenses	17.1%	5,707	4,876	5,133	5,260	4,909	5,446	4,552	4,865	4,190	3,906	3,776	3,991	3,137	3,499	4,109	1,846	1,886	-	956
EBITDA Margin	-1.2%	0.67*	0.68*	0.70*	0.70*	0.71*	0.71*	0.70*	0.70*	0.65*	0.64*	0.68*	0.58*	-	-	-	-	-	-	-
Interest Expenses	9.4%	6,180	5,647	3,946	5,521	3,944	3,473	3,017	1,522	1,169	1,007	895	894	905	926	1,018	1,098	1,699	-	2,449
Income Taxes	54.5%	17.00	11.00	15.00	-32.00	-43.00	41.00	171	93.00	91.00	9.00	-	-	50.00	-	-	-	-	-	-
Earnings Before Taxes	-45.8%	1,069	1,973	4,254	-824	1,438	2,851	1,590	2,103	2,057	2,104	2,944	-2,630	791	4,510	-2,341	-405	-1,552	-	-
EBT Margin	-10.9%	0.05*	0.05*	0.06*	0.04*	0.08*	0.09*	0.09*	0.12*	0.07*	0.05*	0.11*	0.01*	-	-	-	-	-	-	-
Net Income	-47.6%	1,045	1,995	4,215	-792	1,472	2,850	1,403	2,010	1,966	2,164	2,848	-2,630	741	4,510	-2,341	-405	-1,552	-3,522	-2,740
Net Income Margin	-11.7%	0.05*	0.05*	0.06*	0.04*	0.07*	0.09*	0.09*	0.12*	0.06*	0.05*	0.10*	0.01*	-	-	-	-	-	-	-
Free Cashflow	-59.3%	11,651	28,643	17,117	19,589	14,806	11,941	16,456	13,296	8,954	12,272	5,448	9,488	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	4.1%	2,026	1,946	1,863	1,748	1,627	1,606	1,474	1,370	1,200	1,068	928	913	737	726	725	434
Cash Equivalents	-25.4%	22.00	30.00	8.00	13.00	7.00	71.00	16.00	20.00	5.00	8.00	28.00	88.00	14.00	93.00	137	169
Liabilities	12.4%	756	673	633	543	532	547	464	460	335	279	223	204	212	198	197	181
Shareholder's Equity	-0.3%	1,261	1,265	1,221	1,205	1,096	1,058	1,009	910	865	790	705	709	525	528	529	252
Retained Earnings	-12.5%	-126	-112	-100	-90.33	-77.24	-66.94	-58.75	-49.94	-42.19	-35.12	-28.33	-23.14	-12.58	-7.46	-5.98	0.00
Additional Paid-In Capital	0.1%	1,368	1,368	1,290	1,261	1,145	1,092	1,033	938	886	810	706	704	506	501	453	164
Shares Outstanding	0.2%	73.00	73.00	69.00	67.00	58.00	58.00	48.00	48.00	44.00	37.00	40.00	33.00	-	-	-	-
Minority Interest	-1.9%	8.00	9.00	9.00	9.00	9.00	10.00	10.00	10.00	10.00	11.00	24.00	26.00	29.00	34.00	82.00	88.00
Float	-	-	-	-	1,200	-	-	-	947	-	-	-	910	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Cashflow From Operations	-59.3%	11,651	28,643	17,117	19,589	14,806	11,941	16,456	13,296	8,954	12,272	5,448	9,488	4,270	7,050	3,903	905	891	-	-
Share Based Compensation	38.5%	1,751	1,264	100	1,252	1,027	1,112	100	1,299	1,045	2,014	100	100	557	699	1,753	-	-	-	-
Cashflow From Investing	8.5%	-97,202	-106,222	-119,206	-124,113	-102,412	-87,173	-91,935	-155,545	-133,708	-158,165	-73,807	-108,134	-90,022	-45,211	-100,736	-141,477	-74,709	-	-
Cashflow From Financing	-21.7%	77,956	99,574	96,883	111,068	23,659	129,585	71,819	157,412	121,838	125,852	7,863	173,070	6,825	-6,206	225,858	-1,320	54,376	-	-
Dividend Payments	6.7%	15,031	14,084	13,768	12,173	11,650	10,984	10,073	9,588	8,888	8,702	7,916	7,890	5,687	5,635	2,430	-	-	-	-
Buy Backs	413.9%	1,069	208	112	8.00	360	929	186	-	363	186	228	-	90.00	137	-	-	-	-	-

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NTST Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Rental revenue (including reimbursable)	$ 35,189,000	$ 28,474,000
Interest income on loans receivable	2,484,000	978,000
Total revenues	37,673,000	29,452,000
Operating expenses
Property	4,102,000	3,936,000
General and administrative	5,707,000	4,909,000
Depreciation and amortization	17,541,000	14,949,000
Provisions for impairment	3,662,000	0
Transaction costs	129,000	109,000
Total operating expenses	31,141,000	23,903,000
Other (expense) income
Interest expense, net	(6,180,000)	(3,944,000)
Gain (loss) on sales of real estate, net	997,000	(319,000)
Total other (expense) income, net	(5,463,000)	(4,111,000)
Net income before income taxes	1,069,000	1,438,000
Income tax (expense) benefit	(17,000)	43,000
Net income	1,052,000	1,481,000
Net income attributable to noncontrolling interests	7,000	9,000
Net income attributable to common stockholders	$ 1,045,000	$ 1,472,000
Amounts available to common stockholders per common share:
Basic (in dollars per share)	$ 0.01	$ 0.03
Diluted (in dollars per share)	$ 0.01	$ 0.03
Weighted average common shares:
Basic (in shares)	73,248,804	58,155,738
Diluted (in shares)	74,565,790	58,883,386
Change in value on derivatives, net	$ 9,128,000	$ (5,979,000)
Total comprehensive income (loss)	10,180,000	(4,498,000)
Comprehensive income (loss) attributable to noncontrolling interests	58,000	(40,000)
Comprehensive income (loss) attributable to common stockholders	10,122,000	(4,458,000)
Other Income	$ (280,000)	$ 152,000

NTST Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate, at cost:
Land	$ 472,330	$ 460,896
Buildings and improvements	1,209,333	1,149,809
Total real estate, at cost	1,681,663	1,610,705
Less accumulated depreciation	(110,632)	(101,210)
Property under development	21,800	29,198
Real estate held for investment, net	1,592,831	1,538,693
Assets held for sale	58,856	52,451
Mortgage loans receivable, net	124,617	114,472
Cash, cash equivalents and restricted cash	22,334	29,929
Lease intangible assets, net	165,507	161,354
Other assets, net	61,402	49,337
Total assets	2,025,547	1,946,236
Liabilities:
Term loans, net	621,500	521,912
Revolving credit facility	75,000	80,000
Mortgage note payable, net	7,876	7,883
Lease intangible liabilities, net	24,639	25,353
Liabilities related to assets held for sale	1,110	1,158
Accounts payable, accrued expenses and other liabilities	26,265	36,498
Total liabilities	756,390	672,804
Total liabilities
Equity:
Stockholders’ equity	733	732
Additional paid-in capital	1,368,312	1,367,505
Distributions in excess of retained earnings	(126,270)	(112,276)
Distributions in excess of retained earnings	18,020	8,943
Accumulated other comprehensive income	1,260,795	1,264,904
Total stockholders’ equity	8,362	8,528
Noncontrolling interests	1,269,157	1,273,432
Total equity	$ 2,025,547	$ 1,946,236

About NETSTREIT Corp.

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. 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.

CEO	Mr. Mark Manheimer
WEBSITE	netstreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	30

NETSTREIT Corp. Frequently Asked Questions

What is the ticker symbol for NETSTREIT Corp.? What does NTST stand for in stocks?

NTST is the stock ticker symbol of NETSTREIT Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NETSTREIT Corp. (NTST)?

As of Fri May 17 2024, market cap of NETSTREIT Corp. is 1.31 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NTST stock?

You can check NTST's fair value in chart for subscribers.

What is the fair value of NTST stock?

You can check NTST's fair value in chart for subscribers. The fair value of NETSTREIT Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NETSTREIT Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NTST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NETSTREIT Corp. a good stock to buy?

The fair value guage provides a quick view whether NTST is over valued or under valued. Whether NETSTREIT Corp. is cheap or expensive depends on the assumptions which impact NETSTREIT Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NTST.

What is NETSTREIT Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NTST's PE ratio (Price to Earnings) is 202.53 and Price to Sales (PS) ratio is 9.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NTST PE ratio will change depending on the future growth rate expectations of investors.