NTST Stock Overview
An internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Long-Term Leases And Tenant Diversification Will Strengthen REIT Revenue Stability
NETSTREIT Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.95 |
| 52 Week High | US$18.97 |
| 52 Week Low | US$13.74 |
| Beta | 0.95 |
| 1 Month Change | -13.94% |
| 3 Month Change | -15.09% |
| 1 Year Change | -21.85% |
| 3 Year Change | -38.76% |
| 5 Year Change | n/a |
| Change since IPO | -21.41% |
Recent News & Updates
Recent updates
Netstreit: 2 Reasons Not To Buy This REIT As Real Estate Rebounds
Nov 12NETSTREIT: A Solid Dividend And Significant Undervaluation
Sep 21Netstreit: Agree Realty 2.0 Or Potential Takeover Target?
Aug 26Netstreit Has Become More Compelling (Rating Upgrade)
Aug 20Netstreit: Worth Holding, But There Are Better Alternatives
Jul 14Netstreit: Still A REIT With A Significant, Double-Digit Upside
Jul 01Netstreit: Still A REIT With A Significant, Double-Digit Upside
Jun 04NETSTREIT's Q1 Earnings: Salient Features Assessed
May 01NETSTREIT Is Still Buyable, Even Beyond Trough
Feb 07Netstreit: 3 Reasons To Buy This REIT As Real Estate Rebounds
Jan 04The Reasons We Prefer Netstreit Over Realty Income
Dec 28Netstreit Q3 Earnings Preview: Shares Attractive On Consistent Portfolio Strength (Ratings Upgrade)
Oct 24Netstreit: Attractive Dividend, But Share Dilution May Limit Its Growth
Sep 29Netstreit: First Dividend Increase Attracts Attention, Shares Fairly Valued
Aug 30Netstreit: Looking Attractive After Solid Q2 Results (Rating Upgrade)
Aug 11Netstreit: Now Is The Time To Buy
Jul 17STORE Capital: Netstreit Could Be A Great Replacement
Dec 28Netstreit: Running Out Of Patience
Dec 17Netstreit: At 100% Occupancy Levels, It's Too Dependent On External Growth
Oct 31Shareholder Returns
| NTST | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | -1.6% | -0.5% | -1.1% |
| 1Y | -21.8% | 6.7% | 22.4% |
Return vs Industry: NTST underperformed the US Retail REITs industry which returned 7% over the past year.
Return vs Market: NTST underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| NTST volatility | |
|---|---|
| NTST Average Weekly Movement | 3.4% |
| Retail REITs Industry Average Movement | 2.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NTST has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NTST's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | 28 | Mark Manheimer | www.netstreit.com |
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.
NETSTREIT Corp. Fundamentals Summary
| NTST fundamental statistics | |
|---|---|
| Market cap | US$1.14b |
| Earnings (TTM) | -US$4.60m |
| Revenue (TTM) | US$155.55m |
7.3x
P/S Ratio-247.4x
P/E RatioIs NTST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NTST income statement (TTM) | |
|---|---|
| Revenue | US$155.55m |
| Cost of Revenue | US$18.03m |
| Gross Profit | US$137.52m |
| Other Expenses | US$142.12m |
| Earnings | -US$4.60m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.056 |
| Gross Margin | 88.41% |
| Net Profit Margin | -2.96% |
| Debt/Equity Ratio | 58.3% |
How did NTST perform over the long term?
See historical performance and comparisonDividends
6.0%
Current Dividend Yield70%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:48 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NETSTREIT Corp. is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Nathan Crossett | Berenberg |
| Nathan Crossett | BNP Paribas Exane |