NETSTREIT (NYSE:NTST) Releases FY 2025 Earnings Guidance

NETSTREIT (NYSE:NTST) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 1.270-1.300 for the period, compared to the consensus EPS estimate of 1.270. The company issued revenue guidance of -.

NETSTREIT Price Performance

NYSE:NTST opened at $14.21 on Tuesday. The company has a market capitalization of $1.16 billion, a P/E ratio of -236.73 and a beta of 1.00. The business’s 50-day moving average is $14.19 and its 200 day moving average is $15.44. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.57. NETSTREIT has a 12 month low of $13.42 and a 12 month high of $18.97.

NETSTREIT (NYSE:NTST) last posted its earnings results on Monday, February 24th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. NETSTREIT had a negative return on equity of 0.35% and a negative net margin of 2.96%. On average, equities research analysts forecast that NETSTREIT will post 1.19 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Truist Financial lowered their price target on shares of NETSTREIT from $20.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Raymond James dropped 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. Capital One Financial initiated coverage on NETSTREIT in a research report on Wednesday, February 12th. They set an “overweight” rating on the stock. Mizuho lowered their price target on NETSTREIT from $17.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Finally, Scotiabank upgraded shares of NETSTREIT from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $16.00 to $18.00 in a research report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $17.75.

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.