NTST Stock Analysis: Netstreit | NYSE
REIT - Retail | NYSE, USA | Market Cap: 2.071m USD | 12M Return: 34.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 38.8M
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NETSTREIT Corp. (NYSE: NTST) is an internally managed real estate investment trust (REIT) headquartered in Dallas, Texas, that focuses on acquiring single-tenant, net lease retail properties across the United States. The company targets high-quality assets leased to tenants with strong balance sheets that are resistant to e-commerce competition. Incorporated in Maryland in 2019 and public since its 2020 IPO, NETSTREIT aims to build a top-tier net lease retail portfolio designed to deliver consistent cash flows and shareholder dividends. It operates within the Retail REITs segment of the real estate sector, where the net lease model typically passes most property expenses-such as taxes, insurance, and maintenance-to tenants, helping to provide more predictable income for landlords.
- Rising rates widen acquisition cap rate spreads
- Tenant credit quality and e-commerce resistance sustain occupancy
- Acquisition pace accelerates portfolio growth and AFFO
| Net Income: 10.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -8.88 > 1.0 |
| NWC/Revenue: -30.65% < 20% (prev 76.54%; Δ -107.2% < -1%) |
| CFO/TA 0.04 > 3% & CFO 113.7m > Net Income 10.9m |
| Net Debt (1.25b) to EBITDA (159.5m): 7.83 < 3 |
| Current Ratio: 0.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.1m) vs 12m ago 20.67% < -2% |
| Gross Margin: 90.24% > 18% (prev 89.24%; Δ 1.00% > 0.5%) |
| Asset Turnover: 7.98% > 50% (prev 7.48%; Δ 0.49% > 0%) |
| Interest Coverage Ratio: 1.16 > 6 (EBIT TTM 68.6m / Interest Expense TTM 59.1m) |
| A: -0.02 (Total Current Assets 68.8m - Total Current Liabilities 131.0m) / Total Assets 2.81b |
| B: -0.10 (Retained Earnings -267.7m / Total Assets 2.81b) |
| C: 0.03 (EBIT TTM 68.6m / Avg Total Assets 2.55b) |
| D: 1.16 (Book Value of Equity 1.51b / Total Liabilities 1.30b) |
| Altman-Z'' = 0.94 = BB |
| DSRI: 0.64 (Receivables 130.3m/171.9m, Revenue 203.2m/171.0m) |
| GMI: 0.99 (GM 89.24% / 90.24%) |
| AQI: 0.16 (AQ_t 0.14 / AQ_t-1 0.88) |
| SGI: 1.19 (Revenue 203.2m / 171.0m) |
| TATA: -0.04 (NI 10.9m - CFO 113.7m) / TA 2.81b) |
| Beneish M = -3.70 (Cap -4..+1) = AAA |
As of July 03, 2026, the stock is trading at USD 21.66 with a total of 1,713,057 shares traded. Over the past week, the price has changed by +4.34%, over one month by +8.52%, over three months by +13.75% and over the past year by +34.65%.
Current recommended Stop Loss: 20.90 (which is 3.5% or 1.5 ATR below the current price).
Netstreit has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy NTST.
- StrongBuy: 12
- Buy: 1
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 22.7 | 4.9% |
P/E Trailing = 176.6667
P/E Forward = 53.7634
P/S = 10.0441
P/B = 1.37
Revenue TTM = 203.2m USD
EBIT TTM = 68.6m USD
EBITDA TTM = 159.5m USD
Long Term Debt = 1.15b USD (from longTermDebt, last quarter)
Short Term Debt = 88.0m USD (from shortTermDebt, last quarter)
Debt = 1.26b USD (from shortLongTermDebtTotal, last quarter) + Leases 20.3m
Net Debt = 1.25b USD (calculated: Debt 1.26b - CCE 11.1m)
Enterprise Value = 3.32b USD (2.07b + Debt 1.26b - CCE 11.1m)
Interest Coverage Ratio = 1.16 (Ebit TTM 68.6m / Interest Expense TTM 59.1m)
EV/FCF = -26.40x (Enterprise Value 3.32b / FCF TTM -125.7m)
FCF Yield = -3.79% (FCF TTM -125.7m / Enterprise Value 3.32b)
FCF Margin = -61.87% (FCF TTM -125.7m / Revenue TTM 203.2m)
Net Margin = 5.36% (Net Income TTM 10.9m / Revenue TTM 203.2m)
Gross Margin = 90.24% ((Revenue TTM 203.2m - Cost of Revenue TTM 19.8m) / Revenue TTM)
Gross Margin QoQ = 90.26% (prev 89.19%)
Tobins Q-Ratio = 1.18 (Enterprise Value 3.32b / Total Assets 2.81b)
Interest Expense / Debt = 4.69% (Interest Expense 59.1m / Debt 1.26b)
Taxrate = 0.47% (52.0k / 11.0m)
NOPAT = 68.3m (EBIT 68.6m * (1 - 0.47%))
Current Ratio = 0.52 (Total Current Assets 68.8m / Total Current Liabilities 131.0m)
Debt / Equity = 0.84 (Debt 1.26b / totalStockholderEquity, last quarter 1.51b)
Debt / EBITDA = 7.83 (Net Debt 1.25b / EBITDA 159.5m)
Debt / FCF = -9.93 (negative FCF - burning cash) (Net Debt 1.25b / FCF TTM -125.7m)
Total Stockholder Equity = 1.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.43% (Net Income 10.9m / Total Assets 2.81b)
RoE = 0.78% (Net Income TTM 10.9m / Total Stockholder Equity 1.39b)
RoCE = 2.70% (EBIT 68.6m / Capital Employed (Equity 1.39b + L.T.Debt 1.15b))
RoIC = 2.48% (NOPAT 68.3m / Invested Capital 2.76b)
WACC = 5.68% (E(2.07b)/V(3.33b) * Re(6.30%) + D(1.26b)/V(3.33b) * Rd(4.69%) * (1-Tc(0.00)))
Discount Rate = 6.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.11 | Cagr: 16.77%
[DCF] Fair Price = unknown (Cash Flow -125.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.22 | # QB: 0
Revenue Correlation: 99.44 | Revenue CAGR: 23.02% | SUE: -1.70 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.09 | Chg30d=+28.57% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.33 | Chg30d=+22.22% | Revisions=+20% | GrowthEPS=+0.0% | GrowthRev=+25.7%
EPS next Year (2027-12-31): EPS=0.41 | Chg30d=+32.26% | Revisions=+20% | GrowthEPS=+24.2% | GrowthRev=+18.2%