Netstreit Corp Stock Today

NTST Stock  USD 16.13  0.07  0.43%   

Performance

0 of 100

 
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Odds Of Distress

Less than 40

 
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Below Average
Netstreit Corp is selling for under 16.13 as of the 23rd of November 2024; that is 0.43% down since the beginning of the trading day. The stock's last reported lowest price was 16.13. Netstreit Corp has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Netstreit Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
13th of August 2020
Category
Real Estate
NETSTREIT is an internally managed Real Estate Investment Trust based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. Led by a management team of seasoned commercial real estate executives, NETSTREITs strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors. The company has 81.58 M outstanding shares of which 5.7 M shares are now shorted by private and institutional investors with about 5.4 trading days to cover. More on Netstreit Corp

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Netstreit Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMark Manheimer
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04620.0678
Way Down
Slightly volatile
Gross Profit Margin1.00.8862
Moderately Up
Very volatile
Net Debt652.9 M621.8 M
Sufficiently Up
Slightly volatile
Total Current Liabilities46.8 M26.8 M
Way Up
Slightly volatile
Non Current Liabilities Total328.6 M565 M
Way Down
Slightly volatile
Total Assets1.1 B1.9 B
Way Down
Slightly volatile
Total Current Assets131.5 M217.9 M
Way Down
Slightly volatile
Total Cash From Operating Activities84.2 M80.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Netstreit Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Netstreit Corp's financial leverage. It provides some insight into what part of Netstreit Corp's total assets is financed by creditors.
Liquidity
Netstreit Corp currently holds 640.25 M in liabilities with Debt to Equity (D/E) ratio of 0.41, which is about average as compared to similar companies. Netstreit Corp has a current ratio of 1.82, which is within standard range for the sector. Note, when we think about Netstreit Corp's use of debt, we should always consider it together with its cash and equity.

Depreciation

33.61 Million
Netstreit Corp (NTST) is traded on New York Stock Exchange in USA. It is located in 2021 McKinney Avenue, Dallas, TX, United States, 75201-2237 and employs 28 people. Netstreit Corp is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.33 B. Netstreit Corp conducts business under Retail REITs sector and is part of Real Estate industry. The entity has 81.58 M outstanding shares of which 5.7 M shares are now shorted by private and institutional investors with about 5.4 trading days to cover. Netstreit Corp currently holds about 16.19 M in cash with 80.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Netstreit Corp Probability Of Bankruptcy
Ownership Allocation
The majority of Netstreit Corp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Netstreit Corp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Netstreit Corp. Please pay attention to any change in the institutional holdings of Netstreit Corp as this could imply that something significant has changed or is about to change at the company.
Check Netstreit Ownership Details

Netstreit Stock Institutional Holders

InstituionRecorded OnShares
Acadian Asset Management Llc2024-06-30
2.1 M
Alliancebernstein L.p.2024-06-30
2.1 M
Rush Island Management, Lp2024-06-30
M
Geode Capital Management, Llc2024-06-30
1.9 M
Balyasny Asset Management Llc2024-06-30
1.7 M
Long Pond Capital, Lp2024-09-30
1.7 M
Sumitomo Mitsui Trust Group Inc2024-09-30
1.6 M
Apg Investments Us Inc2024-06-30
1.5 M
Deprince Race & Zollo Inc2024-06-30
1.4 M
Morgan Stanley - Brokerage Accounts2024-06-30
9.9 M
Cohen & Steers Inc2024-06-30
9.2 M
View Netstreit Corp Diagnostics

Netstreit Corp Historical Income Statement

At this time, Netstreit Corp's Net Income is comparatively stable compared to the past year. Research Development is likely to gain to 0.1 in 2024, whereas Selling General Administrative is likely to drop slightly above 13.4 M in 2024. View More Fundamentals

Netstreit Stock Against Markets

Netstreit Corp Corporate Management

Robin ZeiglerIndependent DirectorProfile
Matthew TroxellLead Independent DirectorProfile
Amy AnAssociate RelationsProfile
Michael ChristodolouIndependent DirectorProfile
Shelley HowardDirector OperationsProfile
Kirk PESenior EstateProfile
Heidi EverettIndependent DirectorProfile

Additional Tools for Netstreit Stock Analysis

When running Netstreit Corp's price analysis, check to measure Netstreit Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Netstreit Corp is operating at the current time. Most of Netstreit Corp's value examination focuses on studying past and present price action to predict the probability of Netstreit Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netstreit Corp's price. Additionally, you may evaluate how the addition of Netstreit Corp to your portfolios can decrease your overall portfolio volatility.