What is Wedbush’s Estimate for NETSTREIT FY2026 Earnings?

NETSTREIT Corp. (NYSE:NTST) – Wedbush issued their FY2026 EPS estimates for NETSTREIT in a report 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.

NTST has been the subject of a number of other research reports. Scotiabank raised NETSTREIT from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $16.00 to $18.00 in a research report on Monday, November 11th. Raymond James decreased their target price on NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating for the company in a report on Friday, January 17th. Mizuho cut their price target on shares of NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. Truist Financial reduced their price target on shares of NETSTREIT from $20.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Finally, Capital One Financial started coverage on shares of NETSTREIT in a research report on Wednesday, February 12th. They issued an “overweight” rating for the company. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $17.75.

NETSTREIT Stock Down 0.0 %

Shares of NYSE NTST opened at $14.88 on Wednesday. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $1.21 billion, a PE ratio of -247.88 and a beta of 0.99. The firm has a fifty day moving average of $14.28 and a 200-day moving average of $15.40. NETSTREIT has a 52-week low of $13.42 and a 52-week high of $18.97.

NETSTREIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.65%. NETSTREIT’s payout ratio is currently -525.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NTST. Nordea Investment Management AB acquired a new position in NETSTREIT in the 4th quarter worth $6,714,000. JPMorgan Chase & Co. lifted its stake in shares of NETSTREIT by 173.9% in the third quarter. JPMorgan Chase & Co. now owns 569,527 shares of the company’s stock worth $9,414,000 after acquiring an additional 361,577 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in NETSTREIT by 1,931.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,615,264 shares of the company’s stock valued at $26,700,000 after purchasing an additional 1,535,761 shares during the last quarter. Vestcor Inc purchased a new position in NETSTREIT in the third quarter valued at about $913,000. Finally, Geode Capital Management LLC grew its stake in NETSTREIT by 6.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,980,800 shares of the company’s stock valued at $32,748,000 after purchasing an additional 112,047 shares in the last quarter.

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.