(NTST) Netstreit - Overview

Sector: Real Estate | Industry: REIT - Retail | Exchange: NYSE (USA) | Market Cap: 2.054m USD | Total Return: 29.3% in 12m

Stock Real Estate, Retail, Investments, Properties
Total Rating 41
Safety 67
Buy Signal -0.52
REIT - Retail -11.2
Retail REITs -11.2
Market Cap: 2,054m
Avg Trading Vol: 21.0M USD
ATR: 2.33%
Peers RS (IBD): 74.0
Risk 5d forecast
Volatility22.2%
Rel. Tail Risk-3.60%
Reward TTM
Sharpe Ratio0.98
Alpha17.31
Character TTM
Beta0.224
Beta Downside0.172
Drawdowns 3y
Max DD25.41%
CAGR/Max DD0.24
EPS (Earnings per Share) EPS (Earnings per Share) of NTST over the last years for every Quarter: "2021-03": 0.02, "2021-06": -0.07, "2021-09": 0.07, "2021-12": 0.05, "2022-03": 0.04, "2022-06": 0.04, "2022-09": 0.03, "2022-12": 0.05, "2023-03": 0.03, "2023-06": -0.01, "2023-09": 0.06, "2023-12": 0.03, "2024-03": 0.01, "2024-06": -0.03, "2024-09": -0.0686, "2024-12": -0.07, "2025-03": 0.0455, "2025-06": 0.04, "2025-09": 0.01, "2025-12": 0.0485, "2026-03": 0,
EPS CAGR: -10.94%
EPS Trend: -22.7%
Last SUE: -1.41
Qual. Beats: 0
Revenue Revenue of NTST over the last years for every Quarter: 2021-03: 11.742, 2021-06: 13.561, 2021-09: 15.421, 2021-12: 17.608, 2022-03: 20.638, 2022-06: 22.34, 2022-09: 23.895, 2022-12: 26.89, 2023-03: 28.062, 2023-06: 29.33, 2023-09: 31.398, 2023-12: 34.328, 2024-03: 34.902, 2024-06: 36.577, 2024-09: 37.818, 2024-12: 40.705, 2025-03: 42.573, 2025-06: 44.901, 2025-09: 44.779, 2025-12: 49.122, 2026-03: null,
Rev. CAGR: 26.02%
Rev. Trend: 98.7%
Last SUE: -3.37
Qual. Beats: 0
Risks
Fundamental:

P/E ratio: 233.125

Description: NTST Netstreit

NETSTREIT Corp. (NTST) is a Dallas-based real estate investment trust (REIT) focused on the acquisition and management of single-tenant retail properties across the United States. The company targets e-commerce resistant tenants, typically characterized by necessity-based services, discount retail, or essential goods providers with strong credit profiles.

The business operates under a net lease model, where the tenant is responsible for most property-level operating expenses, including taxes, insurance, and maintenance. This structure reduces the landlords exposure to rising inflationary costs and provides a predictable stream of rental income. In the Retail REIT sector, high-quality net lease portfolios often prioritize investment-grade tenants to mitigate default risk during economic volatility.

Investors can further evaluate the companys lease expiration schedule and portfolio diversification on ValueRay. Led by a team of experienced commercial real estate executives, NETSTREIT aims to provide consistent dividends through disciplined capital allocation and portfolio growth.

Headlines to Watch Out For
  • Acquisition volume of single-tenant retail properties drives revenue growth
  • Interest rate hikes increase borrowing costs for acquisitions
  • Tenant bankruptcies reduce rental income and property values
  • Retail sector health impacts tenant demand and rent growth
Piotroski VR‑10 (Strict) 2.0
Net Income: 6.90m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.20 > 1.0
NWC/Revenue: 112.6% < 20% (prev -22.09%; Δ 134.7% < -1%)
CFO/TA 0.04 > 3% & CFO 109.5m > Net Income 6.90m
Net Debt (1.11b) to EBITDA (140.6m): 7.88 < 3
Current Ratio: 7.06 > 1.5 & < 3
Outstanding Shares: last quarter (86.5m) vs 12m ago 13.07% < -2%
Gross Margin: 89.96% > 18% (prev 0.89%; Δ 8.91k% > 0.5%)
Asset Turnover: 7.44% > 50% (prev 6.64%; Δ 0.80% > 0%)
Interest Coverage Ratio: 1.15 > 6 (EBITDA TTM 140.6m / Interest Expense TTM 47.2m)
Altman Z'' 0.12
A: 0.08 (Total Current Assets 237.9m - Total Current Liabilities 33.7m) / Total Assets 2.61b
B: -0.10 (Retained Earnings -251.9m / Total Assets 2.61b)
C: 0.02 (EBIT TTM 54.2m / Avg Total Assets 2.44b)
D: -0.22 (Book Value of Equity -255.6m / Total Liabilities 1.16b)
Altman-Z'' Score: 0.12 = B
Beneish M -3.02
DSRI: 0.87 (Receivables 172.7m/164.0m, Revenue 181.4m/150.0m)
GMI: 0.99 (GM 89.96% / 89.20%)
AQI: 1.01 (AQ_t 0.91 / AQ_t-1 0.90)
SGI: 1.21 (Revenue 181.4m / 150.0m)
TATA: -0.04 (NI 6.90m - CFO 109.5m) / TA 2.61b)
Beneish M-Score: -3.02 (Cap -4..+1) = AA
What is the price of NTST shares? As of April 04, 2026, the stock is trading at USD 18.83 with a total of 1,551,574 shares traded.
Over the past week, the price has changed by +3.22%, over one month by -7.02%, over three months by +10.32% and over the past year by +29.30%.
Is NTST a buy, sell or hold? 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
What are the forecasts/targets for the NTST price?
Wallstreet Target Price 21.8 15.5%
Analysts Target Price 21.8 15.5%
NTST Fundamental Data Overview as of 31 March 2026
P/E Trailing = 233.125
P/E Forward = 53.7634
P/S = 10.531
P/B = 1.4149
Revenue TTM = 181.4m USD
EBIT TTM = 54.2m USD
EBITDA TTM = 140.6m USD
Long Term Debt = 1.10b USD (from longTermDebt, last quarter)
Short Term Debt = 7.03m USD (from shortTermDebt, last quarter)
Debt = 1.12b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.11b USD (from netDebt column, last quarter)
Enterprise Value = 3.16b USD (2.05b + Debt 1.12b - CCE 14.5m)
Interest Coverage Ratio = 1.15 (Ebit TTM 54.2m / Interest Expense TTM 47.2m)
EV/FCF = 28.88x (Enterprise Value 3.16b / FCF TTM 109.5m)
FCF Yield = 3.46% (FCF TTM 109.5m / Enterprise Value 3.16b)
FCF Margin = 60.35% (FCF TTM 109.5m / Revenue TTM 181.4m)
Net Margin = 3.80% (Net Income TTM 6.90m / Revenue TTM 181.4m)
Gross Margin = 89.96% ((Revenue TTM 181.4m - Cost of Revenue TTM 18.2m) / Revenue TTM)
Gross Margin QoQ = 89.04% (prev 90.94%)
Tobins Q-Ratio = 1.21 (Enterprise Value 3.16b / Total Assets 2.61b)
Interest Expense / Debt = 1.20% (Interest Expense 13.5m / Debt 1.12b)
Taxrate = 0.97% (13.0k / 1.34m)
NOPAT = 53.7m (EBIT 54.2m * (1 - 0.97%))
Current Ratio = 7.06 (Total Current Assets 237.9m / Total Current Liabilities 33.7m)
Debt / Equity = 0.78 (Debt 1.12b / totalStockholderEquity, last quarter 1.45b)
Debt / EBITDA = 7.88 (Net Debt 1.11b / EBITDA 140.6m)
Debt / FCF = 10.12 (Net Debt 1.11b / FCF TTM 109.5m)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.28% (Net Income 6.90m / Total Assets 2.61b)
RoE = 0.51% (Net Income TTM 6.90m / Total Stockholder Equity 1.34b)
RoCE = 2.22% (EBIT 54.2m / Capital Employed (Equity 1.34b + L.T.Debt 1.10b))
RoIC = 2.28% (NOPAT 53.7m / Invested Capital 2.35b)
WACC = 4.80% (E(2.05b)/V(3.18b) * Re(6.77%) + D(1.12b)/V(3.18b) * Rd(1.20%) * (1-Tc(0.01)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 11.24%
[DCF] Terminal Value 88.44% ; FCFF base≈101.7m ; Y1≈125.5m ; Y5≈214.1m
[DCF] Fair Price = 46.53 (EV 6.21b - Net Debt 1.11b = Equity 5.10b / Shares 109.7m; r=6.0% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -22.72 | EPS CAGR: -10.94% | SUE: -1.41 | # QB: 0
Revenue Correlation: 98.73 | Revenue CAGR: 26.02% | SUE: -3.37 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.06 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-12-31): EPS=0.27 | Chg7d=+0.010 | Chg30d=+0.010 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=+20.7%
EPS next Year (2027-12-31): EPS=0.31 | Chg7d=+0.310 | Chg30d=+0.310 | Revisions Net=+1 | Growth EPS=+14.8% | Growth Revenue=+16.5%
External Resources
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