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Netstreit Corp (NYSE: NTST) |
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Price: $15.2300
$0.24 
1.601%
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| Day's High:
| $15.24
| Week Perf:
| 0.00
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| Day's Low: |
$ 14.80 |
30 Day Perf: |
9.81 % |
| Volume (M): |
873 |
52 Wk High: |
$ 18.97 |
| Volume (M$): |
$ 13,300 |
52 Wk Avg: |
$16.06 |
| Open: |
$14.90 |
52 Wk Low: |
$13.42 |
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| Market Capitalization (Millions $) |
1,136 |
| Shares
Outstanding (Millions) |
75 |
| Employees |
40 |
| Revenues (TTM) (Millions $) |
163 |
| Net Income (TTM) (Millions $) |
-12 |
| Cash Flow (TTM) (Millions $) |
-16 |
| Capital Exp. (TTM) (Millions $) |
37 |
Netstreit Corp
Netstreit Corp is a U.S.-based real estate investment trust (REIT) that primarily invests in single-tenant, retail properties located in the United States. It was founded in 2019 and has its headquarters in Dallas, Texas. The company is publicly traded on the New York Stock Exchange under the ticker symbol NTST.
Netstreit Corp's main business objective is to acquire, invest in, and manage high-quality retail properties that are leased to high-quality tenants. Its portfolio consists of retail properties spread across 17 states, with a total gross leasable area of8 million square feet. The properties are diversified across various retail subsectors, such as essential goods, convenience services, and daily needs segments.
The company focuses on single-tenant properties, which have the advantage of a more stable rental income. The properties are primarily located in suburban markets and small towns, which have proven to be resistant to the negative impact of e-commerce on brick-and-mortar retail.
Netstreit Corp has a disciplined investment approach, which is based on three key factors: location, property quality, and tenant quality. The company seeks to acquire properties that are located in areas with strong demographic and economic fundamentals, have high-quality physical components, and are leased to investment-grade tenants with long-term leases.
Netstreit Corp has a reputable management team, led by Scott Bowman, the CEO. The team has extensive experience in the real estate sector, and a track record of delivering consistent returns to investors. The company distributes regular dividends to its shareholders, providing a stable income stream to investors.
Overall, Netstreit Corp is a well-established REIT, with a focus on single-tenant retail properties that provide a stable income stream to investors. The company has a disciplined investment approach, a diversified portfolio, and a reputable management team, making it a compelling investment opportunity for investors seeking exposure to the retail real estate sector.
Company Address: 2021 McKinney Avenue Dallas 75201 TX
Company Phone Number: 200-7100 Stock Exchange / Ticker: NYSE NTST
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| Stock Performances by Major Competitors |
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| Netstreit Corp
Netstreit Corp Reports Mixed Results Amid Promising Revenue SurgeIn its latest financial report released on September 30, 2024, Netstreit Corp, a Real Estate Investment Trust (REIT) focused on the acquisition and management of single-tenant properties, demonstrated a significant surge in revenue. The company reported a remarkable 22.034% increase, bringing total revenue to $41.44 million compared to the same period last year. While this headline figure is impressive, it comes with a mixed bag of results that investors should carefully consider. Revenue Growth vs. Industry PeersAlthough Netstreit Corp's revenue climbed significantly, the growth pace fell short when stacked against its industry peers, which boasted an average revenue increase of 30.20% during the same period. Such a disparity raises questions about Netstreit?s competitive positioning in the broader REIT landscape. The advanced revenue figure marked a 4.744% uptick from the previous quarter's revenue of $39.57 million, showcasing some quarter-over-quarter momentum. Earnings Per Share ChallengesIn stark contrast to the revenue increase, Netstreit recorded a shortfall on the earnings per share (EPS) front, posting a loss of $0.07 per share. This marked a regression from a shortfall of $0.03 per share reported in the prior quarter. Compounding the issue, the company's total net income plummeted to a loss of $5.322 million, a striking change from the net earnings of $4.239 million recorded in the same financial period the previous year. Such an earnings decline raises concerns about operational efficiency and profitability.
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| Dividend
Published Tue, Jul 30 2024 3:32 AM UTC
DALLAS NETSTREIT Corp. Reports Strong Q2 Results with Strategic Investments and Growth Plans
DALLAS In a significant announcement today, DALLAS NETSTREIT Corp. (NYSE: NTST) shared its financial and operating results for the second quarter ending June 30, 2024, and the outlook appears promising for both the company and its investors. The REIT, focused on net-leased prop...
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| Netstreit Corp
Netstreit Corp, a real estate investment trust (REIT) based in Dallas, has reported its financial and operating results for the first quarter of 2024. The company announced earnings per share of $0.01 and revenue of $36.86 million in its most recent fiscal period. However, it experienced a decrease in earnings per share compared to the same period in the previous year, with a drop from $0.03 to $0.01 per share. Despite this, Netstreit Corp saw a significant increase in revenue by 27.913% during the comparable period.
Compared to its sector peers, Netstreit Corp has outperformed on the top-line facet, as the Real Estate Investment Trusts sector only experienced a 20.35% revenue advance in the same period. While the company's profit plummeted by 55% sequentially from $0.02 per share, its revenue did see a 2.2% surge from $36.86 million.
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| Product Service News
Published Fri, Mar 29 2024 8:15 PM UTC
NETSTREIT Corp. Demonstrates Commitment to Corporate Responsibility and Environmental Stewardship in Inaugural Report DALLAS - NETSTREIT Corp. (NYSE: NTST) has recently published its first-ever Corporate Responsibility Report, showcasing the company s unwavering dedication to corporate governance, social responsibility, and environmental stewardship. In a time where sustaina...
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| Netstreit Corp
Netstreit Corp, a Real Estate Investment Trusts (REIT) company, recently reported its financial and operating results for the fourth quarter and year ended December 31, 2023. The company announced an income per share of $0.02 and revenue of $33.96 million in its most recent fiscal period. Although the income per share dropped by $0.02 compared to the previous period, the company's revenue saw an impressive increase of 35.026%. However, the top-line growth of Netstreit Corp was lower compared to the rest of the REIT sector, which reported a 37.24% increase.
In the previous financial reporting period, the company recorded a revenue of $33.96 million and an income per share of $0.06. However, in the October to December 31, 2023 interval, the net income fell by 30.18% to $1.962 million compared to the corresponding period a year before. Netstreit Corp focused on improving sales during this interval, resulting in a net margin of 5.32%. Operating earnings also declined by 47.76% to $20.805 million, causing the operating margin to decrease from 145.88% in the fourth quarter of 2022 to 56.44%.
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| Per Share |
Current |
| Earnings (TTM) |
-0.15 $ |
| Revenues (TTM) |
2.18 $
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| Cash Flow (TTM) |
- |
| Cash |
1.87 $
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| Book Value |
17.94 $
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| Dividend (TTM) |
0.85 $ |
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| Per Share |
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| Earnings (TTM) |
-0.15 $
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| Revenues (TTM) |
2.18 $ |
| Cash Flow (TTM) |
- |
| Cash |
1.87 $
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| Book Value |
17.94 $ |
| Dividend (TTM) |
0.85 $ |
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0.07% 