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

17.33USD+0.27 (+1.58%)Market Closed

Market Summary

USD17.33+0.27

Market Closed

1.58%

NTST Stock Price

View Fullscreen

NTST RSI Chart

NTST Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

181.2

Price/Sales (Trailing)

9.47

EV/EBITDA

13.61

Price/Free Cashflow

15.58

NTST Price/Sales (Trailing)

NTST Profitability

EBT Margin

5.19%

Return on Equity

0.55%

Return on Assets

0.35%

Free Cashflow Yield

6.42%

NTST Fundamentals

NTST Revenue

Revenue (TTM)

131.9M

Rev. Growth (Yr)

35.03%

Rev. Growth (Qtr)

8.54%

NTST Earnings

Earnings (TTM)

6.9M

Earnings Growth (Yr)

-30.16%

Earnings Growth (Qtr)

-52.79%

Breaking Down NTST Revenue

Last 7 days

0.1%

Last 30 days

-1.6%

Last 90 days

-7.7%

Trailing 12 Months

-3.2%

How does NTST drawdown profile look like?

NTST Financial Health

NTST Investor Care

Shares Dilution (1Y)

26.18%

Diluted EPS (TTM)

0.11

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	24,266	24,266	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	6,000	-%
Apr 16, 2024	Perpetual Ltd	sold off	-100	-331,046	-	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-12.36	-275,880	2,535,920	0.06%
Apr 11, 2024	First Affirmative Financial Network	reduced	-1.38	3,088	209,074	0.15%
Apr 11, 2024	Birch Capital Management, LLC	unchanged	-	52.00	1,837	-%
Apr 09, 2024	Rise Advisors, LLC	new	-	18,511	18,511	0.01%
Apr 05, 2024	GAMMA Investing LLC	added	26.36	650	2,994	-%
Apr 05, 2024	CWM, LLC	added	3.95	2,000	21,000	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	15.00	551	-%

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

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
Apr 12, 2024	4	Insider Trading
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 01, 2024	ARS	ARS
Apr 01, 2024	DEF 14A	DEF 14A
Apr 01, 2024	DEFA14A	DEFA14A
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 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	79.9B	11.1B	-11.94%	-16.63%	58.47	7.17	4.04%	-19.43%
CCI	41.4B	7.0B	-8.87%	-24.96%	27.55	5.92	-0.07%	-10.36%
AVB	26.2B	2.8B	0.30%	6.36%	28.18	9.45	6.73%	-18.30%
ARE	19.9B	2.9B	-8.38%	-6.65%	191.73	6.89	11.46%	-80.13%
AMH	12.8B	1.6B	-2.62%	6.17%	29.55	7.95	7.80%	39.39%
REG	10.8B	1.3B	-3.14%	-3.60%	29.55	8.15	8.04%	-24.50%
BXP	9.4B	3.3B	-6.63%	15.11%	49.67	2.89	5.31%	-77.32%
MID-CAP
FRT	8.3B	1.1B	-1.33%	2.80%	34.93	7.31	5.38%	-38.52%
MAC	3.3B	884.1M	-10.11%	54.70%	-12.03	3.73	2.90%	-314.82%
SLG	3.2B	899.4M	-6.40%	107.66%	-5.69	3.57	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.46%	15.40%	19.75	2.9	4.38%	15.77%
AIV	1.1B	198.2M	1.56%	-2.62%	-7.2	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-9.30%	1.07%	13.28	1.76	25.53%	134.62%
NYMT	635.9M	258.7M	-4.65%	-31.33%	-13.07	2.46	0.11%	83.70%
IVR	399.3M	277.9M	-12.53%	-21.90%	-25.18	1.44	44.33%	96.06%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Revenue	8.5%	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	12.9%	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	-5.0%	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	-2.4%	0.68*	0.70*	0.70*	0.71*	0.71*	0.70*	0.70*	0.65*	0.64*	0.68*	0.58*	0.64*	-	-	-	-	-	-
Interest Expenses	43.1%	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	-26.7%	11.00	15.00	-32.00	-43.00	41.00	171	93.00	91.00	9.00	-	-	50.00	-	-	-	-	-	-
Earnings Before Taxes	-53.6%	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	-17.8%	0.05*	0.06*	0.04*	0.08*	0.09*	0.09*	0.12*	0.07*	0.05*	0.11*	0.01*	0.06*	-	-	-	-	-	-
Net Income	-52.8%	1,990	4,215	-792	1,481	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	-17.5%	0.05*	0.06*	0.04*	0.07*	0.09*	0.09*	0.12*	0.06*	0.05*	0.10*	0.01*	0.06*	-	-	-	-	-	-
Free Cashflow	67.3%	28,643	17,117	19,589	14,806	11,941	16,456	13,296	8,954	12,272	5,448	9,488	4,270	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	4.5%	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	277.2%	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	6.3%	673	633	543	532	547	464	460	335	279	223	204	212	198	197	181
Shareholder's Equity	3.6%	1,265	1,221	1,205	1,096	1,049	1,009	910	865	790	705	709	525	528	529	252
Retained Earnings	-12.3%	-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	6.0%	1,368	1,290	1,261	1,145	1,092	1,033	938	886	810	706	704	506	501	453	164
Shares Outstanding	6.6%	73.00	69.00	67.00	61.00	58.00	50.00	48.00	44.00	37.00	35.00	33.00	28.00	-	-	-
Minority Interest	-4.2%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Cashflow From Operations	67.3%	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	1164.0%	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	10.9%	-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	2.8%	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	2.3%	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	85.7%	208	112	8.00	360	929	186	-	363	186	228	-	90.00	137	-	-	-	-	-

NTST Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Rental revenue (including reimbursable)	$ 123,967	$ 93,934	$ 59,140
Interest income on loans receivable	7,388	2,345	0
Other revenue	550	0	0
Total revenues	131,905	96,279	59,140
Operating expenses
Property	16,413	11,695	5,803
General and administrative	20,176	19,053	14,810
Depreciation and amortization	63,677	50,075	30,807
Provisions for impairment	7,083	1,114	3,539
Transaction costs	456	839	700
Total operating expenses	107,805	82,776	55,659
Other income (expense)
Interest expense, net	(19,058)	(9,181)	(3,700)
Gain on sales of real estate, net	1,175	4,148	2,997
Loss on debt extinguishment	(128)	0	0
Other income, net	752	131	431
Total other income (expense), net	(17,259)	(4,902)	(272)
Net income before income taxes	6,841	8,601	3,209
Income tax benefit (expense)	49	(396)	(59)
Net income	6,890	8,205	3,150
Net income attributable to noncontrolling interests	53	88	104
Net income attributable to common stockholders	$ 6,837	$ 8,117	$ 3,046
Amounts available to common stockholders per common share:
Basic (in dollars per share)	$ 0.11	$ 0.16	$ 0.08
Diluted (in dollars per share)	$ 0.11	$ 0.16	$ 0.08
Weighted average common shares:
Basic (in shares)	63,922,973	49,517,977	36,999,459
Diluted (in shares)	64,665,439	50,431,822	38,672,565
Change in value on derivatives, net	$ (14,822)	$ 19,758	$ 4,057
Total comprehensive income (loss)	(7,932)	27,963	7,207
Comprehensive income (loss) attributable to noncontrolling interests	(39)	296	273
Comprehensive income (loss) attributable to common stockholders	$ (7,893)	$ 27,667	$ 6,934

NTST Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate, at cost:
Land	$ 460,896	$ 401,146
Buildings and improvements	1,149,809	907,084
Total real estate, at cost	1,610,705	1,308,230
Less accumulated depreciation	(101,210)	(62,526)
Property under development	29,198	16,796
Real estate held for investment, net	1,538,693	1,262,500
Assets held for sale	52,451	23,208
Mortgage loans receivable, net	114,472	46,378
Cash, cash equivalents and restricted cash	29,929	70,543
Lease intangible assets, net	161,354	151,006
Other assets, net	49,337	52,057
Total assets	1,946,236	1,605,692
Liabilities:
Term loans, net	521,912	373,296
Revolving credit facility	80,000	113,000
Mortgage note payable, net	7,883	7,896
Lease intangible liabilities, net	25,353	30,131
Liabilities related to assets held for sale	1,158	406
Accounts payable, accrued expenses and other liabilities	36,498	22,540
Total liabilities	672,804	547,269
Commitments and contingencies
Stockholders’ equity
Common stock, $0.01 par value, 400,000,000 shares authorized; 73,207,080 and 58,031,879 shares issued and outstanding as of December 31, 2023 and 2022, respectively	732	580
Additional paid-in capital	1,367,505	1,091,514
Distributions in excess of retained earnings	(112,276)	(66,937)
Accumulated other comprehensive income	8,943	23,673
Total stockholders’ equity	1,264,904	1,048,830
Noncontrolling interests	8,528	9,593
Total equity	1,273,432	1,058,423
Total liabilities and equity	$ 1,946,236	$ 1,605,692

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 Apr 19 2024, market cap of NETSTREIT Corp. is 1.25 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 Apr 19 2024, NTST's PE ratio (Price to Earnings) is 181.2 and Price to Sales (PS) ratio is 9.47. 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.