NE

Netstreit

NTST
NYSEReal Estate
$20.37
USD
+0.19(+0.94%)
At close: Jun 12, 20:00 UTC

Open

$20.27

Prev. Close

$20.27

High

$20.37

Low

$20.26

Market Snapshot

Market Cap

$1.98B

P/E Ratio

181.5

EPS

-0.16

Revenue

$162.78M

Employees

29

Why NTST moved

Netstreit’s upgraded Zacks Rank #2 highlights a positive earnings forecast, boosting investor confidence in its retail-focused strategy amid evolving market conditions.

About

NetSTREIT Corp. is an internally managed Real Estate Investment Trust that specializes in acquiring single-tenant net lease retail properties nationwide. The company is headquartered in Dallas, Texas and currently employs 29 full-time employees. The company went IPO on 2020-08-13. The firm is structured as an umbrella partnership real estate investment trust (UPREIT). The Company’s diversified portfolio consists of approximately 687 single-tenant retail net leased properties spanning 45 states, with 98 different tenants represented across 26 retail sectors. The firm focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenient stores, discount stores, and quick-service restaurants, which it refers to as defensive retail industries.

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