NETSTREIT (NTST) AI Stock Analysis

• Market Cap: $1.48B
• Dividend Yield: 4.82%
• Average Volume (3M): 983.70K
• Price to Earnings (P/E): 10376.5
• Beta (1Y): 0.36
• Revenue Growth: 19.92%
• EPS Growth: N/A
• Country: US
• Employees: 22
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.01
• Shares Outstanding: 83,561,676
• 10 Day Avg. Volume: 1,106,610
• 30 Day Avg. Volume: 983,699
• PEG Ratio: 0.37
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 7.22
• P/FCF Ratio: 12.01
• Enterprise Value/Market Cap: 1.77
• Enterprise Value/Revenue: 14.86
• Enterprise Value/Gross Profit: 16.08
• Enterprise Value/Ebitda: 20.43
• 1Y Price Target: $20.56
• Price Target Upside: 16.55% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 0.15
• Revenue Forecast (FY): $181.19M

• Rating: 63 Neutral
• Price Target: $18.50 ▲(4.88% Upside)

NETSTREIT's overall stock score reflects a solid financial foundation with strong cash flow management and strategic investment activity. However, challenges in achieving profitability and bearish technical indicators weigh on the score. The high P/E ratio suggests potential overvaluation, but the attractive dividend yield provides some offsetting appeal.

Positive Factors

High Portfolio Occupancy

A high occupancy rate indicates strong demand for NETSTREIT's properties, ensuring stable rental income and reducing vacancy risks, which supports long-term financial stability.

Strong Tenant Quality

Having a majority of tenants with investment-grade ratings ensures reliable rental income and reduces credit risk, enhancing the company's financial resilience.

Record Investment Activity

Record investment activity at favorable yields supports growth and diversification, positioning NETSTREIT for enhanced future cash flows and portfolio expansion.

Negative Factors

Profitability Challenges

Ongoing profitability challenges, as indicated by negative net income, could hinder NETSTREIT's ability to reinvest and grow, affecting long-term financial health.

Increased G&A Expenses

Rising G&A expenses can pressure margins and reduce net income, impacting NETSTREIT's ability to maintain cost efficiency and profitability over time.

Minimal Increase in AFFO Guidance

Limited growth in AFFO guidance despite significant investments suggests challenges in translating asset growth into immediate earnings, affecting short-term financial performance.

NETSTREIT Business Overview & Revenue Model

Company Description

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 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.

How the Company Makes Money

NETSTREIT generates revenue primarily through long-term leases with its tenants, who are responsible for the property’s operating expenses, including taxes, insurance, and maintenance. This net lease structure allows NETSTREIT to benefit from stable cash flows while minimizing operational costs. The company earns rental income from its portfolio of properties, which is further supplemented by periodic rent escalations built into lease agreements. Key partnerships with reputable tenants and strategic acquisitions of high-demand properties contribute to its earnings, enabling consistent dividend payouts to shareholders.

NETSTREIT Financial Statement Overview

Summary

NETSTREIT shows a solid financial position with strong revenue growth and efficient cash flow management. While operational margins are healthy, the company faces challenges in achieving net profitability, as reflected in negative net income and return on equity. The balance sheet is stable with moderate leverage, providing a foundation for future growth. Continued focus on improving profitability will be key to enhancing overall financial health.

Income Statement

NETSTREIT has shown consistent revenue growth, with a TTM growth rate of 7.27%. The gross profit margin is strong at 94.90%, indicating effective cost management. However, the company is currently experiencing negative net profit margins, reflecting challenges in achieving profitability. The EBIT and EBITDA margins are healthy, suggesting operational efficiency, but the negative net income is a concern.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.72, indicating a balanced approach to leverage. The equity ratio is stable, showing a solid equity base. However, the return on equity is negative, highlighting profitability challenges. Overall, the balance sheet reflects financial stability but with room for improvement in profitability.

Cash Flow

NETSTREIT exhibits strong free cash flow growth at 29.51% TTM, demonstrating effective cash management. The operating cash flow to net income ratio is positive, indicating good cash generation relative to earnings. The free cash flow to net income ratio is also strong, suggesting efficient conversion of earnings into cash. Despite negative net income, cash flow metrics are robust.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.49M	150.00M	123.12M	92.50M	58.35M	33.73M
Gross Profit	163.15M	133.80M	108.10M	82.24M	53.34M	27.99M
EBITDA	128.41M	98.24M	90.80M	67.32M	37.31M	15.85M
Net Income	185.00K	-11.94M	6.84M	8.12M	3.05M	730.00K
Balance Sheet
Total Assets	2.47B	2.26B	1.95B	1.61B	1.07B	725.82M
Cash, Cash Equivalents and Short-Term Investments	53.32M	14.32M	18.43M	65.84M	7.60M	92.64M
Total Debt	0.00	894.28M	640.25M	529.79M	267.09M	191.03M
Total Liabilities	1.16B	921.21M	672.80M	547.27M	278.63M	197.74M
Stockholders Equity	1.30B	1.33B	1.26B	1.05B	779.17M	494.10M
Cash Flow
Free Cash Flow	77.04M	90.16M	80.12M	49.44M	30.75M	12.70M
Operating Cash Flow	80.76M	90.16M	80.16M	50.65M	31.48M	12.75M
Investing Cash Flow	-210.20M	-432.88M	-451.95M	-468.36M	-430.13M	-362.13M
Financing Cash Flow	120.43M	327.10M	331.18M	480.65M	313.61M	272.71M

NETSTREIT Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.64
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NTST, the sentiment is Negative. The current price of 17.64 is below the 20-day moving average (MA) of 17.80, below the 50-day MA of 18.20, and above the 200-day MA of 16.81, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 45.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NTST.

NETSTREIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	78 Outperform	$1.65B	22.33	7.54%	6.59%	8.17%	9.96%
WSR	73 Outperform	$1.38B	15.76	10.34%	3.99%	4.44%	107.23%
CBL	73 Outperform	$1.03B	8.50	37.88%	6.74%	5.74%	294.33%
FCPT	71 Outperform	$2.44B	21.23	7.56%	6.16%	8.28%	1.49%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NTST	63 Neutral	$1.48B	10,376.47	0.02%	4.82%	19.92%	―
PINE	59 Neutral	$239.81M	―	-2.16%	6.71%	14.81%	-245.25%

NETSTREIT Corporate Events

NETSTREIT Highlights Strong Occupancy and Financial Stability

On December 8, 2025, NETSTREIT Corp. released an investor presentation highlighting its strategic focus on maintaining a high-occupancy portfolio with resilient tenants. The company reported a 99.9% occupancy rate and emphasized its strong investment pipeline and financial stability, with a significant portion of its portfolio consisting of investment-grade tenants. NETSTREIT’s strategic approach has resulted in minimal credit losses, even amid challenging economic conditions, positioning it favorably in the retail real estate market.

NETSTREIT Reports Q3 2025 Financial Results

On October 27, 2025, NETSTREIT Corp. reported its financial and operating results for the third quarter ending September 30, 2025. The company achieved a record $203.9 million in gross investment activity and completed a $219.8 million forward equity offering in July 2025. With a low-leveraged balance sheet and over $1.1 billion in available liquidity, NETSTREIT is positioned to increase investments and achieve strong long-term growth in adjusted funds from operations per share. The company also raised its 2025 net investment guidance to between $350.0 million and $400.0 million, reflecting its strategic focus on diversification and capital efficiency in a challenging macroeconomic environment.

NETSTREIT Announces New Financial Obligation

The news release from NETSTREIT does not provide specific information regarding the company’s industry, primary products, or market focus. The release merely states that the information set forth in Item 1.01 is incorporated by reference, without offering further details or context about the company’s operations or implications for stakeholders.