NTST Stock Analysis: Netstreit | NYSE
REIT - Retail | NYSE, USA | Market Cap: 1.735m USD | 12M Return: -2.1% | US64119V3033 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.6M
Qual. Beats: 0
Rev. Trend: 99.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 6.1 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. (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. Incorporated in Maryland in 2019 and publicly listed in August 2020, the company targets high-quality assets leased to e-commerce resistant tenants with strong balance sheets, aiming to deliver consistent cash flows and dividends to investors through a curated retail portfolio.
As a Retail REIT within the Real Estate sector, NETSTREIT operates under a net lease structure, in which tenants are typically responsible for paying property taxes, insurance, and maintenance expenses in addition to rent. This arrangement tends to produce more predictable, lower-volatility income streams for the landlord compared with traditional gross lease arrangements. The companys focus on necessity-based, e-commerce resistant retail tenants (such as grocers, pharmacies, and convenience stores) is a common defensive positioning strategy within the net lease retail segment, designed to insulate the portfolio from online shopping displacement.
- Interest rate hikes compress acquisition cap rate spreads
- Portfolio growth accelerates via net lease retail acquisitions
- Tenant credit quality and occupancy drive AFFO expansion
| Net Income: 21.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.07 > 1.0 |
| NWC/Revenue: 60.19% < 20% (prev 148.9%; Δ -88.69% < -1%) |
| CFO/TA 0.03 > 3% & CFO 109.5m > Net Income 21.8m |
| Net Debt (1.10b) to EBITDA (150.2m): 7.32 < 3 |
| Current Ratio: 5.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (108.2m) vs 12m ago 26.31% < -2% |
| Gross Margin: 91.70% > 18% (prev 89.96%; Δ 1.74% > 0.5%) |
| Asset Turnover: 8.15% > 50% (prev 7.56%; Δ 0.59% > 0%) |
| Interest Coverage Ratio: 0.76 > 6 (EBIT TTM 48.8m / Interest Expense TTM 63.9m) |
| A: 0.04 (Total Current Assets 174.7m - Total Current Liabilities 33.7m) / Total Assets 3.28b |
| B: -0.09 (Retained Earnings -297.5m / Total Assets 3.28b) |
| C: 0.02 (EBIT TTM 48.8m / Avg Total Assets 2.87b) |
| D: 1.58 (Book Value of Equity 2.00b / Total Liabilities 1.27b) |
| Altman-Z'' = 1.76 = BBB |
| DSRI: 0.63 (Receivables 132.4m/166.1m, Revenue 234.2m/186.6m) |
| GMI: 0.98 (GM 89.96% / 91.70%) |
| AQI: 1.08 (AQ_t 0.95 / AQ_t-1 0.87) |
| SGI: 1.25 (Revenue 234.2m / 186.6m) |
| TATA: -0.03 (NI 21.8m - CFO 109.5m) / TA 3.28b) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of October 31, 2026, the stock is trading at USD 17.52 with a total of 1,219,313 shares traded. Over the past week, the price has changed by +0.98%, over one month by -2.29%, over three months by -17.94% and over the past year by -2.07%.
Current recommended Stop Loss: 16.70 (which is 4.7% or 1.9 ATR below the current price).
Netstreit has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy NTST.
- StrongBuy: 14
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22 | 25.6% |
P/E Trailing = 77.3636
P/E Forward = 41.6667
P/S = 7.5854
P/B = 1.1861
Revenue TTM = 234.2m USD
EBIT TTM = 48.8m USD
EBITDA TTM = 150.2m USD
Long Term Debt = 1.10b USD (from longTermDebt, last fiscal year)
Short Term Debt = 7.68m USD (from shortTermDebt, last fiscal year)
Debt = 1.14b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 19.6m
Net Debt = 1.10b USD (calculated: Debt 1.14b - CCE 42.3m)
Enterprise Value = 2.83b USD (1.73b + Debt 1.14b - CCE 42.3m)
Interest Coverage Ratio = 0.76 (Ebit TTM 48.8m / Interest Expense TTM 63.9m)
EV/FCF = 25.89x (Enterprise Value 2.83b / FCF TTM 109.5m)
FCF Yield = 3.86% (FCF TTM 109.5m / Enterprise Value 2.83b)
FCF Margin = 46.74% (FCF TTM 109.5m / Revenue TTM 234.2m)
Net Margin = 9.30% (Net Income TTM 21.8m / Revenue TTM 234.2m)
Gross Margin = 91.70% ((Revenue TTM 234.2m - Cost of Revenue TTM 19.4m) / Revenue TTM)
Gross Margin QoQ = none% (prev 90.67%)
Tobins Q-Ratio = 0.86 (Enterprise Value 2.83b / Total Assets 3.28b)
Interest Expense / Debt = 5.60% (Interest Expense 63.9m / Debt 1.14b)
Taxrate = 0.10% (23.0k / 22.0m)
NOPAT = 48.8m (EBIT 48.8m * (1 - 0.10%))
Current Ratio = 5.18 (Total Current Assets 174.7m / Total Current Liabilities 33.7m)
Debt / Equity = 0.57 (Debt 1.14b / totalStockholderEquity, last quarter 2.00b)
Debt / EBITDA = 7.32 (Net Debt 1.10b / EBITDA 150.2m)
Debt / FCF = 10.04 (Net Debt 1.10b / FCF TTM 109.5m)
Total Stockholder Equity = 1.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.76% (Net Income 21.8m / Total Assets 3.28b)
RoE = 1.33% (Net Income TTM 21.8m / Total Stockholder Equity 1.63b)
RoCE = 1.79% (EBIT 48.8m / Capital Employed (Equity 1.63b + L.T.Debt 1.10b))
RoIC = 1.51% (NOPAT 48.8m / Invested Capital 3.24b)
WACC = 5.33% (E(1.73b)/V(2.88b) * Re(5.16%) + D(1.14b)/V(2.88b) * Rd(5.60%) * (1-Tc(0.00)))
Discount Rate = 5.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.42 | Cagr: 18.68%
[DCF] Terminal Value 75.53% ; FCFF base≈109.2m ; Y1≈110.2m ; Y5≈118.1m
[DCF] Fair Price = 7.25 (EV 1.84b - Net Debt 1.10b = Equity 735.7m / Shares 101.5m; r=8.35% [WACC [floored]]; 5y FCF grow 0.70% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.46 | # QB: 0
Revenue Correlation: 99.78 | Revenue CAGR: 21.65% | SUE: 0.89 | # QB: 1
EPS current Quarter (2027-03-31): EPS=0.08 | Chg30d=+4.59% | Revisions=-17% | Analysts=5
EPS current Year (2026-12-31): EPS=0.32 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+296.4% | GrowthRev=+29.0%
EPS next Year (2027-12-31): EPS=0.40 | Chg30d=+3.97% | Revisions=-25% | GrowthEPS=+26.3% | GrowthRev=+20.6%
[Analyst] Revisions Ratio: -38% (up=1, down=4)