NETSTREIT is 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
High growth potential average dividend payer.
Share Price & News
How has NETSTREIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTST is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NTST's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how NTST performed against the US REITs industry.
Return vs Market: Insufficient data to determine how NTST performed against the US Market.
Long-Term Price Volatility Vs. Market
How volatile is NETSTREIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is NETSTREIT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTST ($21.3) is trading below our estimate of fair value ($100.26)
Significantly Below Fair Value: NTST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTST is poor value based on its PE Ratio (181.4x) compared to the US REITs industry average (46.8x).
PE vs Market: NTST is poor value based on its PE Ratio (181.4x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: NTST is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: NTST is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.8x).
How is NETSTREIT forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTST's forecast earnings growth (38.1% per year) is above the savings rate (2%).
Earnings vs Market: NTST's earnings (38.1% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NTST's revenue (33.2% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: NTST's revenue (33.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NTST's Return on Equity is forecast to be high in 3 years time
How has NETSTREIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NTST has a large one-off gain of $3.5M impacting its March 31 2021 financial results.
Growing Profit Margin: NTST's current net profit margins (6.3%) are lower than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: NTST has become profitable over the past 5 years.
Accelerating Growth: Insufficient data to compare NTST's past year earnings growth to its 5-year average.
Earnings vs Industry: NTST earnings growth over the past year (27.7%) exceeded the REITs industry -10.5%.
Return on Equity
High ROE: NTST's Return on Equity (0.5%) is considered low.
How is NETSTREIT's financial position?
Financial Position Analysis
Short Term Liabilities: NTST's short term assets ($39.2M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: NTST's short term assets ($39.2M) do not cover its long term liabilities ($207.8M).
Debt to Equity History and Analysis
Debt Level: NTST's debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NTST's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NTST's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: NTST's interest payments on its debt are not well covered by EBIT (0.8x coverage).
What is NETSTREIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NTST's dividend (3.76%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: NTST's dividend (3.76%) is in the top 25% of dividend payers in the US market (3.41%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether NTST's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NTST's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.4%), NTST's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NTST's dividends in 3 years are forecast to be covered by earnings (67.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Manheimer (44 yo)
Mr. Mark L. Manheimer serves as President, Chief Executive Officer and Director at of Netstreit Corporation since October 2019. He serves as Head of Sale-Leaseback Acquisitions for Cole and Executive Vice ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.80M) is about average for companies of similar size in the US market ($USD2.36M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: NTST's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: NTST's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: NTST only recently listed within the past 12 months.
NETSTREIT Corp.'s company bio, employee growth, exchange listings and data sources
- Name: NETSTREIT Corp.
- Ticker: NTST
- Exchange: NYSE
- Founded: NaN
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$870.773m
- Market Cap: US$839.335m
- Shares outstanding: 40.88m
- Website: https://www.netstreit.com
Number of Employees
- NETSTREIT Corp.
- 5910 North Central Expressway
- Suite 1600
- United States
NETSTREIT 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 consi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 22:49|
|End of Day Share Price||2021/05/07 00:00|
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.