Netstreit Corp Stock Price, News & Analysis

NETSTREIT Corp. (NYSE: NTST) announced that its underwriters exercised an option to purchase 1,350,000 additional shares at $20.20 each, following a public offering that closed on August 8, 2022. The option exercise closing is expected on August 12, 2022. The company has entered forward sale agreements for these shares, with final settlement anticipated by August 3, 2023. NETSTREIT aims to use any net proceeds for general corporate purposes, including potential acquisitions. The offering is under a shelf registration statement effective since September 1, 2021.

NETSTREIT Corp. has announced a public offering of 9,000,000 shares of common stock priced at $20.20 each, with a closing date expected on August 8, 2022. The underwriters have a 30-day option to purchase an additional 1,350,000 shares. The Company will not initially receive proceeds from this offering, which will be linked to forward sale agreements and is part of its strategy to support general corporate purposes. The offering follows the Company's shelf registration effective September 1, 2021.

NETSTREIT Corp. has launched a public offering of 7,500,000 shares of its common stock, with a 30-day option for underwriters to purchase an additional 1,125,000 shares. Proceeds from the offering, expected upon future settlement, will be utilized for general corporate purposes, including acquisitions. The company will not receive immediate proceeds from the sale. The offering is managed by Wells Fargo Securities, BofA Securities, and Jefferies, and is part of a shelf registration statement effective since September 1, 2021.

NETSTREIT Corp. (NYSE: NTST) announced a net income of $0.04 per share and Adjusted Funds from Operations (AFFO) of $0.28 per diluted share for Q2 2022. The company completed $122.7 million in net investment activity, maintaining its $500 million annual target. As of June 30, 2022, its portfolio comprised 381 leases, 100% occupied, with 64.7% from investment-grade tenants. The Board declared a quarterly cash dividend of $0.20 per share for Q3 2022. The full-year 2022 AFFO guidance remains at $1.14 to $1.17 per share amidst rising inflation and interest rates.

NETSTREIT Corp. (NYSE: NTST) announces the release of its second quarter 2022 financial results on July 28, 2022, after market close. A conference call will follow on July 29, 2022, at 10:00 AM ET. Investors can access the call through the Company’s website or by dialing in. NETSTREIT is a Dallas-based REIT focused on single-tenant net lease retail properties, targeting e-commerce resistant tenants to generate consistent cash flows and dividends.

NETSTREIT Corp. (NYSE: NTST) reported a net income of $0.04 and AFFO of $0.29 per diluted share for Q1 2022. The company completed $135.6 million in net investments, including its first Publix store acquisition. It executed a forward offering of over 10.3 million shares. The AFFO guidance for 2022 is increased to $1.14-$1.17 per share, with a net investment target of $500 million. NETSTREIT's portfolio remains fully occupied, comprising 361 leases across 71 tenants contributing $77 million in annualized rent.

NETSTREIT Corp. (NYSE: NTST) will announce its Q1 2022 financial results on April 28, 2022, after market close. A conference call will follow on April 29, 2022, at 10:00 AM ET, accessible via the company's website. NETSTREIT, based in Dallas, specializes in acquiring high-quality, single-tenant net lease retail properties. The REIT focuses on e-commerce resistant tenants, aiming to build a robust portfolio that generates consistent cash flows and dividends for shareholders.

NETSTREIT (NYSE: NTST) reported its financial results for Q4 and full year 2021, posting net income of $0.05 and $0.08 per diluted share, respectively. The company saw a significant growth in annual base rent, increasing over 70% to $71.2 million. NETSTREIT completed $413.7 million in net acquisitions during 2021 and issued over $500 million in equity to support growth. The company maintains a robust portfolio of 327 properties, fully occupied, with an 81.6% investment-grade profile. A forward stock offering of 10,350,000 shares was completed in January 2022, priced at $22.25 per share.