Declared Dividend • Jul 27
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 1st September 2026 Payment date: 15th September 2026 Dividend yield will be 4.1%, which is lower than the industry average of 5.6%. New Risk • Jul 24
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 153% Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Shareholders have been substantially diluted in the past year (142% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (153% cash payout ratio). Large one-off items impacting financial results. New Risk • Jul 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 142% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Shareholders have been substantially diluted in the past year (142% increase in shares outstanding). Minor Risk Large one-off items impacting financial results. Reported Earnings • Jul 23
Second quarter 2026 earnings released: EPS: US$0.065 (vs US$0.04 in 2Q 2025) Second quarter 2026 results: EPS: US$0.065 (up from US$0.04 in 2Q 2025). Revenue: US$61.3m (up 27% from 2Q 2025). Net income: US$6.29m (up 92% from 2Q 2025). Profit margin: 10% (up from 6.8% in 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Jul 04
NETSTREIT Corp. to Report Q2, 2026 Results on Jul 22, 2026 NETSTREIT Corp. announced that they will report Q2, 2026 results After-Market on Jul 22, 2026 Annuncio • Jun 29
NETSTREIT Corp.(NYSE:NTST) dropped from Russell 2000 Dynamic Index NETSTREIT Corp.(NYSE:NTST) dropped from Russell 2000 Dynamic Index Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Director Mike Christodolou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 21
NETSTREIT Corp. Declares Quarterly Cash Dividend for the Second Quarter of 2026, Payable on June 15, 2026 NETSTREIT Corp.'s board of directors declared a quarterly cash dividend of $0.22 per share for the second quarter of 2026. On an annualized basis, the dividend of $0.88 per share of common stock represents an increase of $0.04 per share over the prior year annualized dividend. The dividend will be paid on June 15, 2026 to shareholders of record on June 1, 2026. Annuncio • Feb 11
Netstreit Corp. Declares Quarterly Cash Dividend for the First Quarter of 2026, Payable on March 31, 2026 On February 5, 2026, NETSTREIT Corp. Board of Directors declared a quarterly cash dividend of $0.22 per share for the first quarter of 2026. On an annualized basis, the dividend of $0.88 per share of common stock represents an increase of $0.02 per share over the prior annualized dividend. The dividend will be paid on March 31, 2026 to shareholders of record on March 16, 2026. Annuncio • Jan 24
NETSTREIT Corp. (NYSE:NTST) and Sky Capital Group acquired 172-252 S. Cascade Drive, Concord Plaza from Gershon & Company for $9.1 million. NETSTREIT Corp. (NYSE:NTST) and Sky Capital Group acquired 172-252 S. Cascade Drive, Concord Plaza from Gershon & Company for $9.1 million on January 23, 2026. A cash consideration of $9.1 million will be paid by NETSTREIT Corp. and Sky Capital Group.
NETSTREIT Corp. (NYSE:NTST) and Sky Capital Group completed the acquisition of 172-252 S. Cascade Drive, Concord Plaza from Gershon & Company for $9.1 million on January 23, 2026. Annuncio • Jan 15
NETSTREIT Corp. to Report Q4, 2025 Results on Feb 10, 2026 NETSTREIT Corp. announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Annuncio • Oct 29
NETSTREIT Corp. Declares Cash Dividend for the Fourth Quarter of 2025, Payable on December 15, 2025 On October 24, 2025, the Board of Directors of NETSTREIT Corp. declared a quarterly cash dividend of $0.215 per share for the fourth quarter of 2025. The dividend will be paid on December 15, 2025 to shareholders of record on December 1, 2025. On an annualized basis, the dividend of $0.86 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. Annuncio • Oct 02
NETSTREIT Corp. to Report Q3, 2025 Results on Oct 27, 2025 NETSTREIT Corp. announced that they will report Q3, 2025 results After-Market on Oct 27, 2025 Annuncio • Jul 24
NETSTREIT Corp. Declares Third Quarter Dividend, Payable on September 15, 2025 On July 21, 2025, NETSTREIT Corp. declared a quarterly cash dividend of $0.215 per share for the third quarter of 2025. On an annualized basis, the dividend of $0.86 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on September 15, 2025 to shareholders of record on September 2, 2025. Annuncio • Jun 27
NETSTREIT Corp. to Report Q2, 2025 Results on Jul 23, 2025 NETSTREIT Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Annuncio • Apr 29
Netstreit Corp. Declares Quarterly Cash Dividend, Payable on June 16, 2025 On April 25, 2025, NETSTREIT Corp.’s Board of Directors declared a quarterly cash dividend of $0.21 per share for the second quarter of 2025. On an annualized basis, the dividend of $0.84 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on June 16, 2025 to shareholders of record on June 2, 2025. Annuncio • Apr 08
NETSTREIT Corp. to Report Q1, 2025 Results on Apr 28, 2025 NETSTREIT Corp. announced that they will report Q1, 2025 results After-Market on Apr 28, 2025 Annuncio • Mar 31
NETSTREIT Corp., Annual General Meeting, May 15, 2025 NETSTREIT Corp., Annual General Meeting, May 15, 2025. Annuncio • Feb 25
NETSTREIT Corp. Declares First Quarter 2025 Dividend on Common Stock, Payable on March 31, 2025 On February 21, 2025, NETSTREIT Corp. declared a quarterly cash dividend of $0.21 per share for the first quarter of 2025. On an annualized basis, the dividend of $0.84 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on March 31, 2025 to shareholders of record on March 14, 2025. Annuncio • Jan 17
NETSTREIT Corp. to Report Q4, 2024 Results on Feb 24, 2025 NETSTREIT Corp. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Annuncio • Jan 08
NETSTREIT Corp. Appoints Sofia Chernylo as Senior Vice President and Chief Accounting Officer and Principal Accounting Officer, Effective January 13, 2025 On December 31, 2024, the Board of Directors of NETSTREIT Corp. appointed Sofia Chernylo as Senior Vice President and Chief Accounting Officer and principal accounting officer of the Company, effective January 13, 2025. Ms. Chernylo, 45, previously was Vice President, Corporate Controller at Tupperware Brands Corporation, from July 2022 to December 2024. Prior to joining Tupperware Brands Corporation, Ms. Chernylo was Vice President, Corporate Controller at Green Brick Partners Inc., from June 2020 to July 2022 and held roles of increasing responsibility within Green Brick Partners Inc. since July 2018. She held various positions at Colgate-Palmolive Company, from 2007 to 2018. Ms. Chernylo was a manager in KPMG Advisory from 2005 to 2007 and held various roles at PricewaterhouseCoopers from 2001 to 2003. Ms. Chernylo is a licensed Certified Public Accountant. Declared Dividend • Nov 11
Third quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 2nd December 2024 Payment date: 13th December 2024 Dividend yield will be 5.2%, which is lower than the industry average of 5.6%. Annuncio • Nov 06
NETSTREIT Corp. Declares Quarterly Cash Dividend for the Fourth Quarter of 2024, Payable on December 13, 2024 On October 18, 2024, the NETSTREIT Corp.’s Board of Directors declared a quarterly cash dividend of $0.21 per share for the fourth quarter of 2024. On an annualized basis, the dividend of $0.84 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on December 13, 2024 to shareholders of record on December 2, 2024. Reported Earnings • Nov 05
Third quarter 2024 earnings released: FFO per share: US$0.3 (vs US$0.35 in 3Q 2023) Third quarter 2024 results: FFO per share: US$0.3. Revenue: US$41.4m (up 22% from 3Q 2023). Funds from operations (FFO): US$25.0m (up 18% from 3Q 2023). FFO margin: 60% (down from 62% in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Annuncio • Oct 08
NETSTREIT Corp. to Report Q3, 2024 Results on Nov 04, 2024 NETSTREIT Corp. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Upcoming Dividend • Aug 28
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 13 September 2024. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.2%). Annuncio • Aug 13
NETSTREIT Corp. has filed a Follow-on Equity Offering in the amount of $300 million. NETSTREIT Corp. has filed a Follow-on Equity Offering in the amount of $300 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Declared Dividend • Aug 04
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 3rd September 2024 Payment date: 13th September 2024 Dividend yield will be 5.3%, which is lower than the industry average of 5.6%. Annuncio • Jul 31
NETSTREIT Corp. Declares Quarterly Cash Dividend for the Third Quarter of 2024, Payable on September 13, 2024 On July 23, 2024, the NETSTREIT Corp. Board of Directors declared a quarterly cash dividend of $0.21 per share for the third quarter of 2024. On an annualized basis, the dividend of $0.84 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on September 13, 2024 to shareholders of record on September 3, 2024. Reported Earnings • Jul 30
Second quarter 2024 earnings released: US$0.031 loss per share (vs US$0.013 loss in 2Q 2023) Second quarter 2024 results: US$0.031 loss per share (further deteriorated from US$0.013 loss in 2Q 2023). Revenue: US$39.6m (up 25% from 2Q 2023). Net loss: US$2.29m (loss widened 190% from 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Retail REITs industry in Europe. Annuncio • Jul 04
NETSTREIT Corp. to Report Q2, 2024 Results on Jul 29, 2024 NETSTREIT Corp. announced that they will report Q2, 2024 results After-Market on Jul 29, 2024 Upcoming Dividend • May 27
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 14 June 2024. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.2%). Declared Dividend • May 06
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 3rd June 2024 Payment date: 14th June 2024 Dividend yield will be 4.8%, which is lower than the industry average of 5.6%. Annuncio • Apr 30
NETSTREIT Corp. Declares Cash Dividend for the Second Quarter of 2024, Payable on June 14, 2024 NETSTREIT Corp. Board of Directors declared a quarterly cash dividend of $0.205 per share for the second quarter of 2024. On an annualized basis, the dividend of $0.82 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on June 14, 2024 to shareholders of record on June 3, 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: US$0.014 (vs US$0.025 in 1Q 2023) First quarter 2024 results: EPS: US$0.014 (down from US$0.025 in 1Q 2023). Revenue: US$37.7m (up 28% from 1Q 2023). Net income: US$1.05m (down 29% from 1Q 2023). Profit margin: 2.8% (down from 5.0% in 1Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Annuncio • Apr 03
NETSTREIT Corp. to Report Q1, 2024 Results on Apr 29, 2024 NETSTREIT Corp. announced that they will report Q1, 2024 results After-Market on Apr 29, 2024 Annuncio • Apr 02
NETSTREIT Corp., Annual General Meeting, May 16, 2024 NETSTREIT Corp., Annual General Meeting, May 16, 2024, at 09:00 Central Standard Time. Agenda: To elect the seven nominees to the Board of Directors (the “Board”) named in the accompanying proxy statement (the “Proxy Statement”) to hold office until the 2025 Annual Meeting of Stockholders or until their successors are duly elected and qualified; to ratify the retention of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; to approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement; and to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.3%). Declared Dividend • Feb 19
Fourth quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 4.8%, which is lower than the industry average of 5.6%. Reported Earnings • Feb 16
Full year 2023 earnings released: FFO per share: US$1.2 (vs US$1.10 in FY 2022) Full year 2023 results: FFO per share: US$1.2 (up from US$1.10 in FY 2022). Revenue: US$131.9m (up 37% from FY 2022). Funds from operations (FFO): US$76.2m (up 39% from FY 2022). FFO margin: 58% (up from 57% in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Retail REITs industry in Europe. Annuncio • Feb 15
NETSTREIT Corp. Declares Quarterly Cash Dividend for the First Quarter of 2024, Payable on March 28, 2024 On February 13, 2024, the Board of Directors of NETSTREIT Corp. declared a quarterly cash dividend of $0.205 per share for the first quarter of 2024. On an annualized basis, the dividend of $0.82 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on March 28, 2024 to shareholders of record on March 15, 2024. Annuncio • Jan 18
NETSTREIT Corp. to Report Q4, 2023 Results on Feb 14, 2024 NETSTREIT Corp. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024 Upcoming Dividend • Nov 23
Upcoming dividend of US$0.20 per share at 5.3% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.063 (vs US$0.028 in 3Q 2022) Third quarter 2023 results: EPS: US$0.063 (up from US$0.028 in 3Q 2022). Revenue: US$34.0m (up 36% from 3Q 2022). Net income: US$4.22m (up 200% from 3Q 2022). Profit margin: 12% (up from 5.6% in 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Retail REITs industry in Europe. Annuncio • Oct 26
NETSTREIT Corp. Declares Cash Dividend for the Fourth Quarter of 2023. Payable on December 15, 2023 On October 24, 2023, the Board of Directors of NETSTREIT Corp. declared a quarterly cash dividend of $0.205 per share for the fourth quarter of 2023. On an annualized basis, the dividend of $0.82 per share of common stock represents an increase of $0.02 per share over the prior year annualized dividend. The dividend will be paid on December 15, 2023 to shareholders of record on December 1, 2023. Annuncio • Oct 05
NETSTREIT Corp. to Report Q3, 2023 Results on Oct 25, 2023 NETSTREIT Corp. announced that they will report Q3, 2023 results on Oct 25, 2023 Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Director Mike Christodolou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.20 per share at 4.8% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.3%). Annuncio • Jul 28
NETSTREIT Corp. Declares A Quarterly Cash Dividend for the Third Quarter of 2023, Payable on September 15, 2023 On July 24, 2023, the Board of Directors of NETSTREIT Corp. declared a quarterly cash dividend of $0.205 per share for the third quarter of 2023. On an annualized basis, the dividend of $0.82 per share of common stock represents an increase of $0.02 per share over the previous annualized dividend. The dividend will be paid on September 15, 2023 to shareholders of record on September 1, 2023. New Risk • Jul 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Reported Earnings • Jul 27
Second quarter 2023 earnings released: US$0.013 loss per share (vs US$0.041 profit in 2Q 2022) Second quarter 2023 results: US$0.013 loss per share (down from US$0.041 profit in 2Q 2022). Revenue: US$31.6m (up 40% from 2Q 2022). Net loss: US$791.0k (down 140% from profit in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Annuncio • Jul 06
NETSTREIT Corp. to Report Q2, 2023 Results on Jul 26, 2023 NETSTREIT Corp. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023 Upcoming Dividend • May 24
Upcoming dividend of US$0.20 per share at 4.4% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.0%). Reported Earnings • Apr 28
First quarter 2023 earnings released: FFO per share: US$0.3 (vs US$0.31 in 1Q 2022) First quarter 2023 results: FFO per share: US$0.3 (up from US$0.31 in 1Q 2022). Revenue: US$29.5m (up 38% from 1Q 2022). Funds from operations (FFO): US$16.7m (up 32% from 1Q 2022). FFO margin: 57% (down from 59% in 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Retail REITs industry in Europe. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.20 per share at 3.9% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 30 March 2023. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%). Reported Earnings • Feb 26
Full year 2022 earnings released: FFO per share: US$1.1 (vs US$0.92 in FY 2021) Full year 2022 results: FFO per share: US$1.1 (up from US$0.92 in FY 2021). Revenue: US$96.3m (up 63% from FY 2021). Funds from operations (FFO): US$54.7m (up 60% from FY 2021). FFO margin: 57% (down from 58% in FY 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the REITs industry in Europe. Annuncio • Feb 01
NETSTREIT Corp. to Report Q4, 2022 Results on Feb 23, 2023 NETSTREIT Corp. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Upcoming Dividend • Nov 23
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.4%). Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mike Christodolou was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 08
Netstreit Corp. Announces Resignation of Andrew Blocher as Chief Financial Officer Effective November 6, 2022, Andrew Blocher voluntarily resigned from his positions as Chief Financial Officer, Secretary and Treasurer of NETSTREIT Corp. Mr. Blocher’s departure is not based on any disagreements with the Company’s accounting principles, practices or financial statement disclosures. On November 6, 2022, Lori Wittman, age 63, a member of the Board of Directors of the Company, was appointed Interim Chief Financial Officer of the Company, effective November 7, 2022, to serve while the Board conducts a formal search process to identify and appoint a permanent Chief Financial Officer. Ms. Wittman’s biographical information is set in the Company’s Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 4, 2022, and is incorporated by reference herein. There are no arrangements or understandings between Ms. Wittman and any other persons pursuant to which she was appointed as Interim Chief Financial Officer of the Company. In connection with her appointment as Interim Chief Financial Officer, effective November 7, 2022, Ms. Wittman has resigned from the Audit and Nominating and Corporate Governance Committees of the Board. Michael Christodolou has been appointed chair of, and Todd Minnis has been added to, the Audit Committee effective as of November 7, 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.028 (vs US$0.072 in 3Q 2021) Third quarter 2022 results: EPS: US$0.028 (down from US$0.072 in 3Q 2021). Revenue: US$25.0m (up 60% from 3Q 2021). Net income: US$1.40m (down 51% from 3Q 2021). Profit margin: 5.6% (down from 18% in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Annuncio • Oct 28
NETSTREIT Corp. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on December 15, 2022 On October 25, 2022, NETSTREIT Corp.’s Board of Directors declared a quarterly cash dividend of $0.20 per share for the fourth quarter of 2022, which will be paid on December 15, 2022 to shareholders of record on December 1, 2022. Annuncio • Oct 04
NETSTREIT Corp. to Report Q3, 2022 Results on Oct 27, 2022 NETSTREIT Corp. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.8%). Annuncio • Aug 05
NETSTREIT Corp. has completed a Follow-on Equity Offering in the amount of $181.8 million. NETSTREIT Corp. has completed a Follow-on Equity Offering in the amount of $181.8 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 9,000,000
Price\Range: $20.2
Security Features: Income Trust Reported Earnings • Jul 30
Second quarter 2022 earnings released: FFO: US$22.6m per share (vs US$0.26 in 2Q 2021) Second quarter 2022 results: FFO: US$22.6m per share (up from US$0.26 in 2Q 2021). Revenue: US$22.6m (up 64% from 2Q 2021). Funds from operations (FFO): US$12.9m (up 75% from 2Q 2021). FFO margin: 57% (up from 53% in 2Q 2021). Over the next year, revenue is forecast to grow 36% while the industry in Germany is not expected to grow. Annuncio • Jul 29
NETSTREIT Corp. Declares Quarterly Cash Dividend, Payable on September 15, 2022 On July 26, 2022, NETSTREIT Corp.’s Board of Directors declared a quarterly cash dividend of $0.20 per share for the third quarter of 2022, which will be paid on September 15, 2022 to shareholders of record on September 1, 2022. Annuncio • Jul 06
NETSTREIT Corp. to Report Q2, 2022 Results on Jul 28, 2022 NETSTREIT Corp. announced that they will report Q2, 2022 results After-Market on Jul 28, 2022 Upcoming Dividend • May 24
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.4%). Reported Earnings • May 01
First quarter 2022 earnings released: FFO: US$21.3m per share (vs US$0.31 in 1Q 2021) First quarter 2022 results: FFO: US$21.3m per share. Revenue: US$21.3m (up 79% from 1Q 2021). Funds from operations (FFO): US$12.7m (up 90% from 1Q 2021). FFO margin: 59% (up from 56% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 42% while the industry in Germany is not expected to grow. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Mark Manheimer is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Apr 05
NETSTREIT Corp., Annual General Meeting, May 19, 2022 NETSTREIT Corp., Annual General Meeting, May 19, 2022, at 09:00 Central Daylight. Agenda: To consider elect the seven nominees to the Board of Directors (the “Board”) named in the accompanying proxy statement (the “Proxy Statement”) to hold office until the 2023 Annual Meeting of Stockholders or until their successors are duly elected and qualified (Proposal One); to consider ratify the retention of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2022 (Proposal Two); to consider approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement (Proposal Three); to consider indicate, on an advisory basis, the preferred frequency of stockholder advisory votes on the compensation of the company’s named executive officers (Proposal Four); and to consider other matters. Annuncio • Apr 01
NETSTREIT Corp. to Report Q1, 2022 Results on Apr 28, 2022 NETSTREIT Corp. announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: FFO: US$59.1m per share (up from US$0.68 in FY 2020). Revenue: US$59.1m (up 75% from FY 2020). Funds from operations (FFO): US$34.2m (up 189% from FY 2020). FFO margin: 58% (up from 35% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 46% while thereits industry in Germany is not expected to grow. Annuncio • Feb 25
NETSTREIT Corp. Declares Cash Dividend for the First Quarter of 2022, Payable on March 30, 2022 On February 22, 2022, NETSTREIT Corp.’s board of directors declared a quarterly cash dividend of $0.20 per share for the first quarter of 2022, which will be paid on March 30, 2022 to shareholders of record on March 15, 2022. Board Change • Jan 14
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Mark Manheimer is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.