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NETSTREIT Completes Public Equity Offering With Forward Sale

Story Highlights
  • On February 13, 2026, NETSTREIT completed a 12.6 million-share public stock offering at $19.
  • NETSTREIT used forward sale agreements, delaying cash proceeds until settlement by February 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NETSTREIT Completes Public Equity Offering With Forward Sale

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NETSTREIT ( (NTST) ) has issued an announcement.

On February 13, 2026, NETSTREIT Corp. completed a public offering of 12,627,000 shares of its common stock at $19.00 per share, including 1,647,000 shares issued under a fully exercised 30-day underwriters’ option on February 12, 2026. The shares were sold through an underwriting syndicate led by Wells Fargo and Bank of America and were issued pursuant to an effective shelf registration statement and accompanying prospectus supplement.

In connection with the offering, NETSTREIT entered into forward sale agreements with Wells Fargo and Bank of America, under which the forward purchasers or their affiliates borrowed and sold the 12,627,000 shares to the underwriters. NETSTREIT will not initially receive proceeds from this transaction and expects to physically settle the forward sale agreements and receive proceeds by no later than February 11, 2027, though it retains the flexibility to cash or net share settle, which could reduce or eliminate cash proceeds or even result in a cash obligation to the counterparties depending on market conditions.

The most recent analyst rating on (NTST) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on NETSTREIT stock, see the NTST Stock Forecast page.

Spark’s Take on NTST Stock

According to Spark, TipRanks’ AI Analyst, NTST is a Neutral.

NTST scores best on financial performance and the latest operational update: multi-year revenue/cash-flow growth, reaffirmed AFFO guidance, strong liquidity, and an investment-grade rating. Technicals are supportive with the stock trading above major moving averages and positive MACD, though near-term overbought signals add some risk. The main constraint on the overall score is valuation, with an extremely high P/E despite a solid dividend yield.

To see Spark’s full report on NTST stock, click here.

More about NETSTREIT

NETSTREIT Corp. is a real estate investment trust focused on owning and managing a diversified portfolio of single-tenant, net-lease retail properties across the United States. The company typically targets tenants with strong credit profiles and long-term leases, positioning itself as a stable, income-oriented vehicle for investors in the net-lease retail real estate sector.

Average Trading Volume: 1,257,641

Technical Sentiment Signal: Buy

Current Market Cap: $1.62B

For an in-depth examination of NTST stock, go to TipRanks’ Overview page.

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