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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.

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NETSTREIT Corp., a Dallas-based REIT specializing in single-tenant net lease retail properties, will release its financial results for the second quarter of 2024 on July 29, 2024, after market close. The company will also host a conference call on July 30 at 11:00 AM ET to discuss the results. Investors can access the live webcast via the company's Investor Relations section on its website by registering 15 minutes prior to the start time. For telephone access, domestic participants can dial 1-877-451-6152 and international participants can dial 1-201-389-0879. A playback option will be available until August 06, 2024. NETSTREIT's strategy focuses on acquiring high-quality, e-commerce-resistant retail properties to ensure consistent cash flows and dividends for investors.

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NETSTREIT Corp. (NYSE: NTST) reported net income of $0.01 and Adjusted Funds from Operations of $0.31 per diluted share for the first quarter of 2024. The company completed $129.2 million in gross investment activity at a 7.5% blended cash yield and raised $229.5 million through offerings and the ATM program year to date. They increased the low end of their 2024 AFFO per share guidance to a new range of $1.25 to $1.28. The company also completed a $198.7 million forward equity offering in January 2024.

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NETSTREIT Corp. (NYSE: NTST) will release its first quarter 2024 financial results on April 29, 2024, followed by a conference call on April 30, 2024. Investors can access the live webcast on the company's website. Details for the conference call and playback are provided.
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NETSTREIT Corp. (NYSE: NTST) releases its first Corporate Responsibility Report, emphasizing its commitment to corporate governance, social responsibility, and environmental stewardship. The report showcases the company's achievements and future goals to bring long-term value to shareholders.
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NETSTREIT Corp. (NYSE: NTST) reported a net income of $0.03 and AFFO of $0.31 per diluted share for Q4, completed $119.1 million of gross investment activity, and reaffirmed 2024 AFFO guidance of $1.24 to $1.28. The company raised $190.8 million through a forward equity offering in January 2024.
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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. 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. (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. (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 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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FAQ

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.

NETSTREIT Corp.

NYSE:NTST

NTST Rankings

NTST Stock Data

1.26B
73.37M
0.46%
130.98%
18.18%
Lessors of Other Real Estate Property
Real Estate and Rental and Leasing
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United States of America
DALLAS