NETSTREIT CORP (NTST)
Real Estate · Retail Real Estate / Net Lease REIT · NYSE
NETSTREIT is an internally-managed REIT that acquires and owns single-tenant retail properties net-leased to high-credit-quality tenants in defensive retail sectors like groceries, convenience stores, and home improvement across the US.
What NETSTREIT CORP does
NETSTREIT CORP is an internally managed real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties subject to long-term net leases. As of December 31, 2025, the company owned or had investments in 761 properties across 129 different tenants and 28 retail sectors in 45 states. The portfolio focuses on necessity goods and essential services in defensive retail industries including grocers, convenience stores, discount stores, home improvement, quick-service restaurants, and auto parts, with 99.9% occupancy and a weighted-average remaining lease term of 10.1 years. The company also invests in property developments and mortgage loans secured by real estate.
Themes: retail real estate / net leases, defensive retail sectors, necessity goods and essential services, single-tenant commercial properties, REIT / real estate investment
Fundamentals
- Price$17.43 as of 2026-10-08 close
- Market cap$1.8B as of 2026-07-17 (share count; price 2026-10-08)
- 1-year return-5.0% 2025-10-08 close $18.34 → 2026-10-08 close $17.43
- P/E123.62 as of 2026-10-08
- Net margin+3.6% FY2025, SEC XBRL
- ROE+0.5% FY2025, SEC XBRL
- Debt / equity0.89 as of 2026-09-03
- Revenue growth (YoY)+21.9% as of 2026-09-03
- Revenue CAGR (3y)+26.5% SEC XBRL
- Beta0.18 as of 2026-09-03
- Last reported earnings2026-07-22 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +5.1%; at least 6 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How NTST compares in its sector
- price-to-earnings ratiotop 10% 120 covered Real Estate peers, as of 2026-10-08
- net profit marginmiddle range 154 covered Real Estate peers, as of 2026-09-03
- return on equitymiddle range 158 covered Real Estate peers, as of 2026-09-03
- 3-year revenue CAGRtop 10% 155 covered Real Estate peers
- indicated dividend yieldmiddle range 140 covered Real Estate peers, as of 2026-09-03
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
NTST is not currently in any published Top 10 list. Its scores are below.
Top 10 score
48.4 #862 of 1,412 scored · #39 of 91 in Real Estate
Growth 83rd (3-year revenue CAGR 26.5%, revenue growth year over year 21.9%) and trend 56th (a "golden cross" — its 50-day average is above its 200-day); weakest is profitability (19th, return on equity 0.5%).
Scores as of 10 Sep 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4. NTST was not in the scored universe at the latest run on 8 Oct 2026, so these scores are its last ones.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, NTST's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 1012%, operating-cash-flow payout 64%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout1012% dividends / net income
- Operating-cash-flow payout64% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How NETSTREIT CORP looks technically
NETSTREIT CORP (NTST) is trading 12.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 3 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 50, with sellers in control. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 30, in oversold territory (below 30). It made a new 20-day low about 2 trading days ago. It is 2.5% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 12.0% below its 200-day average, the long-term trend line — a long-term downtrend | -12.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $19.61 | $19.61 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $19.81 | $19.81 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 21 calendar days ago — the swings before that are what the structure reading is measured on | 21 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that downward direction; the labelling fails if price closes above 19.78. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible downward five-wave sequence, in wave 4 |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 3 trading days ago — a "death cross", a bearish long-term signal | 3 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 50, with sellers in control | 50.4 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 30, in oversold territory (below 30) | 29.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($17.00 to $18.55) — its "stochastic" reading is 28 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 27.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 24 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $22.47 | $22.47 |
|---|---|---|
| From the 52-week high | it is 22.4% below its 52-week high (its highest price of the past year) | -22.4% |
| Above the 52-week low | it is 2.5% above its 52-week low (its lowest price of the past year) | +2.5% |
| Below the 52-week high | it is 22.4% below its highest point of the past year | 22.4% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $26.93 (set on 2021-08-05) | $26.93 |
| Given back of the 52-week move | over the past year its closes ranged ($17.14 to $22.26), and it has given back almost all of its rise from last year’s low — 94% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $18.93 to $19.10. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 94.3% |
| From the all-time high | it is 35.3% below its all-time high | -35.3% |
| Nearest price level | it is sitting right on a resistance level at $17.52 — a price it turned at twice since 2025-09-04, most recently on 2025-09-24. Since 2024-10-08 it has 5 such levels below the current price and 9 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.5% |
| All-time low | its lowest closing price on record is $13.42 (set on 2025-01-10) | $13.42 |
| Above the all-time low | it is 29.9% above its all-time low | +29.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 79% of it) | 79th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4017 between its high and its low — about 2.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4017 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $16.81 and $19.49 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $16.81 – $18.15 – $19.49 |
| Typical daily range (% of price) | its price moves about 2.3% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.3% |
| Stretch from the 200-day average | it is trading 5.9 daily ranges below its 200-day average price (12.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.9 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.96× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.2% since the prior reading | -0.2% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 1 session ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 1 session ago |
|---|
Price gaps
1
| Gap at the open | it opened on 2026-10-08 0.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.2% |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 14.8 percentage points (the stock lost 13.8% while the market gained 1.0%) | -14.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 24.2 percentage points (the stock lost 20.3% while the market gained 3.8%) | -24.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 27.0 percentage points (the stock lost 9.5% while the market gained 17.5%) | -26.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 19.9 percentage points (the stock lost 5.0% while the market gained 15.0%) | -19.9% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: its RSI momentum gauge is oversold (a beaten-down reading) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 7 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 7 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 16% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.0% of the share price, which is taken to mean a barrier that gives way easily. | -16.2% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 13% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $20.00 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -12.9% |
|---|---|---|
| Vs the average paid since it last reported | the price is 12% below the average price paid since it last reported on 2026-07-22 (its 10-Q), so the typical buyer over that stretch is under water. That average is $19.70 — a volume-weighted average of daily closes over 56 sessions, not a true tick-by-tick VWAP. | -11.5% |
Price levels it has turned at before
NTST last closed at $17.43 on 2026-10-08. Since 2024-10-08 it has turned at 5 prices below its last close and 9 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $17.52 | Resistance | 0.5% above the last close | turned there twice · 2025-09-04 to 2025-09-24 |
| $17.13 | Support | 1.7% below the last close | turned there four times · 2025-06-23 to 2026-01-12 |
| $17.86 | Resistance | 2.5% above the last close | turned there five times · 2025-11-20 to 2026-09-17 |
| $16.68 | Support | 4.3% below the last close | turned there five times · 2024-10-16 to 2025-07-09 |
| $18.62 | Resistance | 6.8% above the last close | turned there 8 times · 2025-09-09 to 2026-03-27 |
| $16.22 | Support | 7.0% below the last close | turned there four times · 2025-03-31 to 2025-06-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes above $19.78.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
On past moves of this shape the leg has usually ended somewhere between $18.64 and $19.42 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
This reading has stood for 8 trading days, since 2026-09-29.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Recent death cross (50-day crossed below 200-day) · Oversold (14-day RSI below 30) · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.50 mean, 1=Strong Buy…5=Strong Sell) — 19 analysts
- Mean price target$22.87 range $20.00 – $25.00; median $23.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Portfolio concentration risk: Reliance on retail sector tenants, particularly those in defensive retail industries that could be disrupted by e-commerce or economic downturns","Interest rate and refinancing risk: Significant debt obligations ($1.14 billion term loans as of Q1 2026) expose the company to rising rates and refinancing challenges","Tenant credit and lease renewal risk: Dependency on long-term net lease payments from high-credit-quality tenants, with potential for tenant defaults or lease non-renewals at maturity"]
What changed in the latest 10-Q
AI-assisted comparison of NTST's 10-Q filed 2026-04-20 against the prior one filed 2025-10-27.
Management's Discussion & Analysis (MD&A)
- Added:
- February 2026 Follow-On Offering section added (newer filing, filed 2026-04-20): describes completion of offering of 12,627,000 shares at $19.00 per share with forward sale agreements
- Settlement of Forward Shares Under the January 2024 Follow-On Offering section added (newer filing, filed 2026-04-20): describes settlement of 4,000,000 shares on February 6, 2026 and remaining 4,840,000 shares unsettled
- Reference to Annual Report on Form 10-K for year ended December 31, 2025 filed February 10, 2026 (newer filing, filed 2026-04-20)
- 2032 Term Loan Draw section added (newer filing, filed 2026-04-20): describes additional $50.0 million draw under $250.0 million senior unsecured term loan
- Portfolio includes four property developments where rent has not yet commenced (newer filing, filed 2026-04-20)
- Portfolio spans 46 states (newer filing, filed 2026-04-20)
- Removed:
- July 2025 Follow-On Offering section removed (older filing, filed 2025-10-27): described offering of 12,420,000 shares at $17.70 per share
- September 2025 Debt Transactions section removed (older filing, filed 2025-10-27): described term loan agreements and credit agreement amendments
- ATM Program activity table for nine months ended September 30, 2025 removed (older filing, filed 2025-10-27)
- Reference to Annual Report on Form 10-K for year ended December 31, 2024 filed February 24, 2025 (older filing, filed 2025-10-27)
- Portfolio included two property developments where rent has not yet commenced (older filing, filed 2025-10-27)
- Portfolio spanned 45 states (older filing, filed 2025-10-27)
- Reworded:
- Business Overview measurement date changed from September 30, 2025 to March 31, 2026 (newer filing, filed 2026-04-20)
- Number of properties changed from 723 to 808 (newer filing, filed 2026-04-20)
- Number of tenants changed from 114 to 138 (newer filing, filed 2026-04-20)
- ABR changed from $183.2 million to $214.2 million (newer filing, filed 2026-04-20)
- Investment grade ABR percentage changed from 47% to 42% (newer filing, filed 2026-04-20)
- Investment grade profile ABR percentage changed from 15% to 16% (newer filing, filed 2026-04-20)
- WALT changed from 9.9 years to 10.2 years (newer filing, filed 2026-04-20)
- Order of defensive retail industries examples changed; newer filing (filed 2026-04-20) lists: grocers, convenience stores, discount stores, home improvement, quick-service restaurants, general retail, and auto parts; older filing (filed 2025-10-27) lists: home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants
- Investment grade profile definition footnote 3 wording changed from 'tenants with metrics of' to 'tenants that have investment grade credit metrics' and removed reference to Fitch (newer filing, filed 2026-04-20)
- ATM Program section restructured to reference multiple programs (2023 ATM Program and 2024 ATM Program) with different maturity dates and remaining availability (newer filing, filed 2026-04-20)
- Notes:
- Older filing text appears truncated at end of ATM Program section, cutting off mid-sentence and mid-table
- Newer filing text also appears truncated at end, cutting off mid-sentence in 2032 Term Loan Draw section
- Comparison of complete ATM Program details is limited due to truncation of both documents
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-041 buy ($24144) · 0 sells — 1 buying insider
- Last 180 days · read to 2026-10-042 buys ($120094) · 1 sell ($149958) — 2 buying, 1 selling insiders
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-04. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about NTST's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
NTST had 14,225,191 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
NTST had 14.0% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 15.46 days to cover at the same settlement.
- Reported short interest (shares) 14,225,191
- Short interest (% of shares outstanding) 14.0%
- Prior settlement (shares) 14,287,340
- Reported change -0.43%
- Days to cover (reported) 15.46
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Realty Income Corporation (O)
- STORE Capital (STOR)
- Four Corners Property Trust (FCPT)
- Lexington Realty Trust (LXP)
- Spirit Realty Capital (SRC)
- Agree Realty Corporation (ADC)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NTST vs…
Frequently asked questions
What does NETSTREIT CORP (NTST) do?
NETSTREIT CORP is an internally managed real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties subject to long-term net leases. As of December 31, 2025, the company owned or had investments in 761 properties across 129 different tenants and 28 retail sectors in 45 states.
What sector is NETSTREIT CORP (NTST) in?
NETSTREIT CORP (NTST) is classified in the Real Estate sector. Its industry is Retail Real Estate / Net Lease REIT. It trades on NYSE.
Does NTST pay a dividend?
Yes — NETSTREIT CORP (NTST) pays a dividend, with an indicated yield of about 5.06% and at least 6 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are NETSTREIT CORP's (NTST) competitors?
Notable peers of NETSTREIT CORP (NTST) include Realty Income Corporation, STORE Capital, Four Corners Property Trust, Lexington Realty Trust and Spirit Realty Capital. This peer set is informational only — not financial advice.
Is NETSTREIT CORP (NTST) overbought or oversold right now?
NETSTREIT CORP (NTST) is currently in oversold territory (its 14-day RSI is 30, below 30) (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NTST come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.