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Netstreit Corp   (NTST)
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Price: $17.1500 $0.05 0.292%
Day's High: $17.175 Week Perf: -1.38 %
Day's Low: $ 16.97 30 Day Perf: -2.45 %
Volume (M): 641 52 Wk High: $ 18.93
Volume (M$): $ 11,000 52 Wk Avg: $17.16
Open: $17.03 52 Wk Low: $13.49



 Market Capitalization (Millions $) 1,066
 Shares Outstanding (Millions) 62
 Employees -
 Revenues (TTM) (Millions $) 132
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) -41
 Capital Exp. (TTM) (Millions $) 48

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
   


   

Stock Performances by Major Competitors

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Netstreit Corp

Real Estate Investment Trusts' Income per Share Plunges Throughout Q4 2023: A Troubling Denouement

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%.

Dividend

NETSTREIT Reports Robust Performance, Despite Recent Share Slump

Published Wed, Feb 14 2024 9:05 PM UTC

NETSTREIT Reports Strong Financial and Operating Results for 2023
Dallas NETSTREIT Corp. (NYSE: NTST) announced its fourth-quarter and full-year financial and operating results for the year ended December 31, 2023. The Company expressed pride in its strong execution and performance in 2023, with significant investment activity and growth in AFFO per diluted share.
D...

Business Update

NETSTREIT Secures Strong Investment Performance, Concentrating on Prime Net Lease Properties

Published Mon, Jan 8 2024 11:50 AM UTC

In its recent business update, DALLAS NETSTREIT Corp. (trading under the ticker NYSE: NTST) has shared its achievements for the fourth quarter and full year of 2023. The company reported successfully meeting its investment objectives for the year, with a net investment activity totaling $431.0 million. These results reflect NETSTREIT's ongoing commitment to owning prime net ...

Netstreit Corp

Netstreit Corp Smashes Expectations with Exceptionally Robust Financial Performance in Q3 2023

Netstreit Corp (NTST) is facing a challenging period as the company's financials show signs of weakness. While the company reported a significant increase in income per share in the fiscal period ending September 30, 2023, there are several factors that suggest a bearish outlook for the stock.
Firstly, the revenue growth of 35.773% to $33.96 million may seem impressive at first glance, but it is important to note that this growth is primarily driven by a low base in the prior reporting period. Comparing it to the revenue of $31.63 million in the previous year, the increase is not as substantial. Additionally, the company reported a net loss of $0.01 per share in the prior reporting period, highlighting the volatility and inconsistency in its financial performance.

Netstreit Corp

NTST Falls into Deficit Despite Revenue Surge in Q2 2023 at Real Estate Investment Trust Company



Netstreit Corp, a Real Estate Investment Trusts (REITs) company, has witnessed a significant increase in its stock price during the past 30 days and over the past 12 months. However, recent financial results indicate a slip into deficit, although the company experienced substantial revenue growth. This article aims to interpret these facts and discuss their potential impact on Netstreit Corp's future prospects.
1. Revenue Surge and Stock Performance:
Netstreit Corp's revenue surged by an impressive 39.746% to $31.63 million in the financial interval closing on June 30, 2023, compared to the same period a year ago. This substantial growth aligns with the upward trend in the company's stock, with a 1.34% increase over the preceding 30 days and a notable 20.56% increase over the past 12 months. These strong performance indicators suggest a positive investor sentiment and confidence in Netstreit Corp's ability to generate revenue.






 

Netstreit's Segments
 
 
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Earnings Outlook
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