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NetSTREIT Corp. - NTST STOCK NEWS

Welcome to our dedicated page for NetSTREIT news (Ticker: NTST), a resource for investors and traders seeking the latest updates and insights on NetSTREIT stock.

NetSTREIT Corp. (symbol: NTST) is an internally managed Real Estate Investment Trust (REIT) headquartered in Dallas, Texas. The company specializes in acquiring single-tenant net lease retail properties across the United States. With a robust and expanding portfolio, NetSTREIT emphasizes high-quality properties leased to tenants that are resistant to e-commerce disruptions and maintain strong financial health.

NetSTREIT’s core business revolves around acquiring, owning, and managing retail commercial real estate, focusing on long-term net leases with high-credit quality tenants. The company targets tenants that operate in sectors where physical locations are vital for sales and profit generation, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants.

Guided by a team of experienced commercial real estate executives, NetSTREIT aims to build the highest quality net lease retail portfolio in the country. Their strategic approach seeks to ensure consistent cash flows and dividends for investors, making NetSTREIT a reliable choice for those looking to invest in stable and profitable retail properties.

Recently, NetSTREIT has shown significant growth in its portfolio, adding numerous high-quality properties and forming strategic partnerships that enhance its market position. The company continually assesses market trends to adapt and expand its portfolio, ensuring resilience in an ever-changing retail landscape.

Financially, NetSTREIT maintains a strong balance sheet and emphasizes prudent fiscal management to support sustainable growth. The company’s structured approach as an umbrella partnership REIT allows for diversified investments and stability, benefiting both the company and its shareholders.

Stay updated with the latest developments, performance metrics, and news related to NetSTREIT Corp. for a comprehensive understanding of its market operations and investment potential.

News

NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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Dallas Netstreit Corp. will release its Q4 and full year 2023 financial results on February 14, 2024, followed by a conference call on February 15, 2024. The live webcast will be available on the Investor Relations section of the company's website. Dial-in and playback details are provided for participation.
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NETSTREIT Corp. Announces Closing of Forward Common Stock Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

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NETSTREIT Corp. has closed its public offering of 11,040,000 shares of its common stock at a price of $18.00 per share, including the full exercise of the underwriters’ option to purchase additional shares. The forward sale agreements with affiliates of Wells Fargo Securities and BofA Securities allow for the delivery of the shares in exchange for cash proceeds per share equal to the applicable forward sale price. The net proceeds will be used for general corporate purposes and funding of acquisitions of properties and development activities in the Company’s pipeline.
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NETSTREIT Corp. Announces Pricing of Upsized Forward Common Stock Offering

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NETSTREIT Corp. (NTST) announces a public offering of 9,600,000 shares of its common stock at a public offering price of $18.00 per share, with an option for underwriters to purchase up to an additional 1,440,000 shares. The offering is expected to close on January 12, 2024. The proceeds will be used for general corporate purposes and funding acquisitions of properties and development activities in the Company’s pipeline.
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NETSTREIT Corp. Announces Launch of Public Offering of Common Stock

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NETSTREIT Corp. (NTST) has announced a public offering of 8,000,000 shares of its common stock with an option for underwriters to purchase an additional 1,200,000 shares. The company will enter into forward sale agreements with affiliates of Wells Fargo Securities and BofA Securities. The offering is made pursuant to the company’s shelf registration statement, and the net proceeds will be used for general corporate purposes, including repayment of outstanding amounts and funding of acquisitions and development activities.
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NETSTREIT Provides Fourth Quarter and Full Year 2023 Business Update

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NETSTREIT Corp. (NYSE: NTST) completed $480.5 million of gross investment activity at a 7.2% blended cash yield for 2023. The company reaffirms its 2023 adjusted funds from operations (AFFO) per share guidance of $1.21 to $1.23 and provides 2024 AFFO per share guidance of $1.24 to $1.28. The company also completed $431.0 million of net investment activity in 2023 and raised $76.7 million of equity during the fourth quarter. NETSTREIT is well positioned to capitalize on future growth opportunities while providing a secure cash flow stream to investors.
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NETSTREIT Reports Third Quarter 2023 Financial and Operating Results

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NETSTREIT Corp. (NYSE: NTST) reported net income of $0.06 and Adjusted Funds from Operations (AFFO) of $0.31 per diluted share for Q3 2023. The company completed $117.5 million of investment activity at a 7.0% blended cash yield. They have increased their 2023 AFFO per share guidance range to $1.21 to $1.23.
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NETSTREIT Corp. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

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NETSTREIT Corp. will release its Q3 2023 financial results on October 25, 2023. Conference call on October 26, 2023. Webcast available on company's website. Replay available until November 2, 2023.
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NETSTREIT Reports Second Quarter 2023 Financial and Operating Results

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NETSTREIT Corp. (NYSE: NTST) announced financial and operating results for Q2 2023. The company completed $115 million in net investment activity with a cash yield of 6.8%. They also extended the maturity of their existing $175 million term loan to 2027 and closed on a new $250 million term loan due in 2029. The company increased their 2023 AFFO per share guidance and raised their net investment guidance to at least $450 million. They also increased their quarterly dividend by 2.5% to $0.205 per share.
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NETSTREIT Corp. Announces $250.0 Million Term Loan and Amended and Extended $175.0 Million Term Loan

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NETSTREIT Corp. Announces Dates for Second Quarter 2023 Earnings Release and Conference Call

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NETSTREIT Corp. will release its Q2 2023 financial results on July 26, 2023, and hold a conference call on July 27, 2023. A live webcast will be available on the company's website.
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FAQ

What is the current stock price of NetSTREIT (NTST)?

The current stock price of NetSTREIT (NTST) is $14.38 as of January 24, 2025.

What is the market cap of NetSTREIT (NTST)?

The market cap of NetSTREIT (NTST) is approximately 1.2B.

What is NetSTREIT Corp.?

NetSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas. It specializes in acquiring single-tenant net lease retail properties across the U.S.

What kind of properties does NetSTREIT acquire?

NetSTREIT acquires high-quality single-tenant retail properties leased to tenants in sectors like home improvement, auto parts, drug stores, general retail, and more.

What is the significance of NetSTREIT's focus on e-commerce resistant tenants?

NetSTREIT targets tenants with healthy balance sheets in industries where physical locations are essential, ensuring stable and reliable revenue generation.

How does NetSTREIT ensure consistent cash flows and dividends?

NetSTREIT employs a strategic approach to build a high-quality net lease retail portfolio, focusing on tenants with long-term net leases and high-credit quality.

What sectors do NetSTREIT's tenants operate in?

NetSTREIT's tenants are in sectors such as necessity goods and essential services, including home improvement, auto parts, drug stores, groceries, convenience stores, discount stores, and quick-service restaurants.

Where is NetSTREIT Corp. headquartered?

NetSTREIT Corp. is headquartered in Dallas, Texas.

How does NetSTREIT maintain its financial health?

NetSTREIT emphasizes prudent fiscal management and maintaining a strong balance sheet to support sustainable growth and stability.

What is NetSTREIT's investment strategy?

NetSTREIT aims to create the highest quality net lease retail portfolio in the U.S., focusing on high-credit quality tenants and long-term net leases.

What type of REIT structure does NetSTREIT use?

NetSTREIT is structured as an umbrella partnership real estate investment trust, which supports diversified investments and stability.

Why should investors consider NetSTREIT?

Investors should consider NetSTREIT for its strategic approach to acquiring high-quality, e-commerce resistant retail properties, ensuring consistent cash flows and dividends.
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NetSTREIT Corp.

NYSE:NTST

NTST Rankings

#2431 Ranked by Market Cap
#491 Ranked by Dividends

NTST Stock Data

1.18B
81.21M
0.44%
117.67%
9.06%
REIT - Retail
Real Estate Investment Trusts
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United States of America
DALLAS