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. (NYSE: NTST) is a Dallas-based real estate investment trust (REIT) that focuses on single-tenant net lease retail properties across the United States. The news flow around NETSTREIT often centers on its investment activity, portfolio performance, capital markets transactions, and guidance for key non-GAAP metrics such as adjusted funds from operations (AFFO).
Readers following NTST news can expect regular updates on quarterly and full-year business results, including rental revenue, interest income on loans receivable, and operating metrics such as occupancy, weighted average lease term, and the share of annualized base rent derived from investment grade and investment grade profile tenants. The company also issues press releases when it provides or revises AFFO guidance ranges and when it reports net investment activity across acquisitions, dispositions, and loan repayments.
NETSTREIT’s news coverage includes announcements of earnings release dates and related conference calls, where management discusses financial and operating results and answers questions from analysts and investors. The company also reports on capital markets activity, such as public offerings of common stock structured with forward sale agreements, at-the-market equity program usage, and new or amended credit facilities and term loan agreements. These items provide insight into the company’s liquidity, leverage, and access to financing.
Another recurring theme in NETSTREIT news is credit quality and ratings. For example, the company has announced that Fitch Ratings assigned it a BBB- issuer rating with a stable outlook, reflecting factors such as occupancy levels, unit-level rent coverage, credit losses relative to peers, and liquidity. Updates of this type help investors understand how rating agencies view the company’s balance sheet and risk profile.
By monitoring NETSTREIT’s news, investors and analysts can track developments in its net lease retail portfolio, changes in guidance, and shifts in capital structure. This page aggregates those announcements so readers can review earnings releases, business updates, financing transactions, and other material events reported by the company.
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.
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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