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 (NTST) is a leading real estate investment trust focused on acquiring single-tenant retail properties under long-term net leases. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and analysts will find curated press releases covering quarterly earnings, property acquisitions, tenant lease renewals, and portfolio performance. Our news collection enables stakeholders to track NTST's expansion in essential retail sectors like pharmacies, grocery stores, and quick-service restaurants.
All content is organized chronologically and verified for accuracy, providing reliable insights into the company's management of its 400+ property portfolio. Bookmark this page for immediate access to dividend declarations, SEC filings, and market-moving updates about this Dallas-based REIT.
NETSTREIT Corp. (NYSE: NTST) reported a net income of $0.03 per share for Q1 2023, down from $0.04 in the prior year. Adjusted Funds from Operations (AFFO) increased to $0.30 per diluted share. The company completed $112.7 million in net investment activity, maintaining AFFO guidance for 2023. As of March 31, 2023, NETSTREIT's portfolio comprised 488 investments, all fully occupied, with a weighted-average remaining lease term of 9.4 years. Key investment activities included acquiring properties at a cash yield of 6.9% and entering into mortgage loans receivable totaling $46.1 million at a cash yield of 9.3%. The company declared a quarterly cash dividend of $0.20 per share for Q2 2023, to be paid on June 15.
NETSTREIT Corp. (NYSE:NTST), a real estate investment trust (REIT) based in Dallas, Texas, will release its first quarter 2023 financial results on April 26, 2023, after market close. A conference call for investors will follow on April 27, 2023, at 11:00 AM ET.
Investors can access the live webcast on the Company’s website, and a replay will be available for 90 days post-call. NETSTREIT focuses on acquiring single-tenant net lease retail properties, targeting e-commerce resistant tenants for consistent cash flows and dividends. The Company aims to develop a premier portfolio in the net lease retail sector.
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