Netstreit Corp. ( (NTST) ) has released its Q2 earnings. Here is a breakdown of the information Netstreit Corp. presented to its investors.
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NETSTREIT Corp., a Dallas-based real estate investment trust (REIT), specializes in acquiring single-tenant net lease retail properties across the United States, focusing on e-commerce resistant tenants with strong financials.
In its second-quarter 2025 earnings report, NETSTREIT Corp. announced a net income of $0.04 per diluted share and adjusted funds from operations (AFFO) of $0.33 per diluted share. The company completed $117.1 million in gross investment activities and raised $46.1 million through its ATM program.
Key financial highlights include a 14.8% increase in funds from operations per diluted share compared to the previous year, and a 3.1% rise in AFFO per diluted share. The company also increased its 2025 AFFO per share guidance to a range of $1.29 to $1.31 and raised its net investment activity guidance to between $125.0 million and $175.0 million.
NETSTREIT’s strategic moves include a 2.4% increase in its quarterly dividend to $0.215 per share, reflecting confidence in its financial health and growth prospects. The company’s portfolio boasts a 99.9% occupancy rate, with investments spread across 45 states.
Looking ahead, NETSTREIT’s management remains optimistic, focusing on external growth and maintaining a strong balance sheet to support its investment activities and deliver consistent returns to shareholders.