NETSTREIT Corp. (NTST)

Over the past six months, NetSTREIT Corp.'s stock price increased by 26.31% from December 30, 2024, to December 26, 2025. In October 2025, the company reported its Third Quarter earnings, with an EPS of $0.01, missing analysts' estimates, but quarterly revenue of $48.31 million surpassed estimates. Following the Q3 earnings, the stock experienced a 3.53% drop. The company announced a quarterly dividend of $0.215, paid on December 15, 2025, representing an annualized dividend of $0.86 and a yield of approximately 5.0%. In December 2025, NetSTREIT achieved an investment-grade credit rating of BBB- from Fitch Ratings and reported record gross investment activity for two consecutive quarters in 2025, ending the year with $657.1 million in gross investment activity at a 7.5% blended cash yield. Management reaffirmed its 2025 AFFO per diluted share guidance and provided 2026 AFFO per share guidance. Analysts have maintained or increased their ratings and price targets for NTST, with a consensus "Moderate Buy" rating and an average target price of $20.36.

NetSTREIT Corp.'s business model is designed to mitigate significant demand seasonality by focusing on properties leased to tenants providing necessity goods and essential services. These sectors, such as home improvement, auto parts, drug stores, grocers, convenience stores, discount stores, and quick-service restaurants, are generally considered e-commerce resistant and tend to experience more stable demand throughout the year compared to discretionary retail. This strategic focus aims to generate stable and predictable rental income, suggesting a lower susceptibility to pronounced seasonal fluctuations in demand for its tenants' services.

NetSTREIT Corp. is an internally managed REIT specializing in single-tenant, net lease retail commercial real estate across the United States. The company focuses on properties leased to high-credit quality tenants in industries where a physical location is crucial, emphasizing necessity goods and essential services to create an e-commerce-resistant portfolio. Its tenants include Walmart, Target, 7-Eleven, and Dollar General.

NetSTREIT Corp. acquires, owns, and manages properties throughout the United States, operating in 45 states. The majority of its revenue is derived from its domestic operations within the USA.

NetSTREIT Corp. has cultivated a reputation for building a high-quality net lease retail portfolio. Its strategy focuses on acquiring properties leased to e-commerce-resistant tenants with strong balance sheets, primarily in necessity-based retail sectors. This approach is designed to generate stable, long-term cash flows and consistent dividends for investors. Key events contributing to its reputation include maintaining a high occupancy rate of 99.9% and achieving an investment-grade credit rating of BBB- from Fitch Ratings, underscoring its financial strength and disciplined management. The company also boasts over $1 billion in liquidity and maintains leverage well below its targeted range, further solidifying its investment-grade balance sheet.

NetSTREIT Corp.'s ownership is predominantly institutional, with major financial firms holding a significant percentage of the company's shares. Institutional ownership has been reported to be exceptionally high, ranging from approximately 100.05% to 124.83% of the float, indicating strong institutional confidence in the company's single-tenant net lease model. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Principal Financial Group Inc., Cohen & Steers, Inc., T. Rowe Price Investment Management, Inc., Prudential Financial Inc., State Street Corp, Hudson Bay Capital Management LP, and Millennium Management Llc.