NETSTREIT (NTST) AI Stock Analysis

• Market Cap: $1.53B
• Dividend Yield: 4.32%
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): 10735.3
• Beta (1Y): 0.37
• 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: 1,349,404
• 30 Day Avg. Volume: 1,138,627
• 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: 1.71
• Enterprise Value/Revenue: 14.32
• Enterprise Value/Gross Profit: 14.69
• Enterprise Value/Ebitda: 19.69
• 1Y Price Target: $20.78
• Price Target Upside: 14.30% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 12
• EPS Forecast (FY): 0.19
• Revenue Forecast (FY): $180.41M

• Rating: 70 Outperform
• Price Target: $21.50 ▲(18.26% Upside)

NETSTREIT's overall stock score reflects a strong financial position with robust revenue growth and cash flow management, despite challenges in achieving profitability. The technical analysis indicates bullish momentum, though caution is advised due to potential overbought conditions. The earnings call provided positive guidance and strategic focus, but valuation concerns remain due to negative net income. The attractive dividend yield partially offsets these risks.

Positive Factors

Strong Revenue Growth

Consistent revenue growth indicates robust market demand and effective business strategies, supporting long-term financial stability.

High Occupancy Rate

A high occupancy rate reflects strong tenant relationships and demand for properties, ensuring stable rental income and cash flow.

Strong Cash Flow Management

Effective cash flow management enhances financial flexibility, enabling strategic investments and consistent dividend payouts.

Negative Factors

Negative Net Income

Negative net income indicates profitability challenges, which can hinder reinvestment capabilities and shareholder returns.

Increased G&A Expenses

Rising G&A expenses can pressure margins, reducing overall profitability and potentially impacting future investment capacity.

Minimal Increase in AFFO Guidance

Minimal increase in AFFO guidance suggests limited immediate earnings growth, potentially affecting investor confidence and valuation.

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	183.21M	150.00M	131.91M	96.82M	59.14M	33.73M
Gross Profit	178.52M	133.80M	115.04M	84.58M	53.34M	31.16M
EBITDA	133.23M	98.24M	94.86M	65.23M	37.95M	16.65M
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	89.91M	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	80.07M	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: Neutral
• Last Price: 18.18
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NTST, the sentiment is Neutral. The current price of 18.18 is below the 20-day moving average (MA) of 18.87, below the 50-day MA of 18.42, and above the 200-day MA of 16.51, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 44.23 is Neutral, neither overbought nor oversold. The STOCH value of 10.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NTST.

NETSTREIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	79 Outperform	$1.58B	21.39	7.54%	6.83%	8.17%	9.96%
WSR	72 Outperform	$1.34B	15.34	10.34%	4.04%	4.44%	107.23%
NTST	70 Outperform	$1.53B	10,735.29	0.02%	4.32%	19.92%	―
CBL	70 Outperform	$951.20M	14.71	21.97%	9.06%	2.20%	128.61%
FCPT	68 Neutral	$2.54B	22.12	7.56%	5.88%	8.28%	1.49%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PINE	55 Neutral	$212.04M	―	-2.16%	7.38%	14.81%	-245.25%

NETSTREIT Corporate Events

NETSTREIT Corp. Reports Strong Q3 2025 Results

NETSTREIT Corp., a Dallas-based real estate investment trust (REIT), focuses on acquiring single-tenant net lease retail properties across the United States, emphasizing tenants with strong financial health and resilience to e-commerce disruptions.

Netstreit Corp. Reports Record Investments and Strong Guidance

The recent earnings call for Netstreit Corp. painted a picture of robust investment activity and enhanced financial guidance, with a strong emphasis on maintaining high occupancy rates and ensuring tenant quality. Despite these positive developments, the immediate impact on earnings growth was somewhat tempered by the timing of investment closures and rising expenses.

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.

The most recent analyst rating on (NTST) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on NETSTREIT stock, see the NTST Stock Forecast page.

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.

The most recent analyst rating on (NTST) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on NETSTREIT stock, see the NTST Stock Forecast page.

NETSTREIT Highlights Strong Metrics in Investor Presentation

On September 8, 2025, NETSTREIT Corp. released an investor presentation highlighting its strong operational metrics and strategic initiatives. The company reported a 99.9% occupancy rate and emphasized its focus on maintaining a well-capitalized balance sheet with low leverage and no immediate-term debt maturities. NETSTREIT’s portfolio is characterized by high credit quality and resilience, with 88% of its tenants being necessity, discount, and service-oriented businesses. The company has proven its ability to source attractive investment opportunities, completing $208 million in gross investments in the first half of 2025, and maintaining a low annual credit loss rate of 4 basis points over 5.5 years.

The most recent analyst rating on (NTST) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on NETSTREIT stock, see the NTST Stock Forecast page.