NTST · NETSTREIT Corp.
$20.53
+0.00 (+0.00%)
At close · Aug 19
Market Cap
$2.07B
Shares
101.53M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$20.53
Open$20.68
Day$20.43–20.68
52W close$17.14–22.26
Avg vol 30d1.8M
Short int31.4M · 31.0% float · 22.1d
Short vol41%
Last earningsJul 23, 2026
DataAug 2020–Aug 2026
Filing10-Q · Jul 22
Up next
Next earnings call
Oct 20, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 22, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Very Bullish
Fundamentals
Strong
Quant / Vol
Very Low
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+4%
above
Price vs 50-day avg
−2%
below
RSI (14)
43
neutral
MACD trend
Negative
52-week position
66%
mid-range
Momentum
relative strength
1-month return
−5%
trailing
6-month return
0%
trailing
YTD return
+16%
this year
Relative strength
−12%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $21 › 200d $20 — 50d above 200d
Institutional flow
Accumulating
+4% holders QoQ · +40 funds added
Insider flow
Accumulating
Net +$96.0K over 90 days · 0% sells
Short interest
Falling
30.96% of float · ▼ -5.1% MoM · 22.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
265 holders — near 3-yr high, broad support
Squeeze score
71
high risk · 0–100
Fundamentals
Revenue growth
+20%
Y/Y
EPS growth
+150%
Y/Y
Valuation
P/E 145.9
rich
Buyback
$300.0M
authorized
Balance sheet
$1.1B
net debt
Quant / Vol
risk profile
Volatility
21%
annualized · 1-yr
Max drawdown
−12%
past year
ATR
2.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 22, 2026
Adjusted Funds from Operations per Diluted Share
· full year 2026
Non-GAAP
$1.37 – $1.39
Net investment activity
· full year 2026
$700M – $800M
Cash G&A
· full year 2026
$16.5M – $17M
Estimated dilution per share
· full year 2026
$0.05 – $0.08
Prior guidance
period ended
· from the 8-K filed Nov 18, 2025
AFFO per share
· full year 2025
$1.30 – $1.31
Net investment activity
· full year 2025
$350M – $400M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+4%
Bullish
Price vs 50-day avg
−2%
Neutral
RSI (14)
43
Neutral
MACD trend
Negative
Bearish
52-week position
66%
Neutral
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $21 › 200d $20 — 50d above 200d
Institutional flow
Accumulating
+4% holders QoQ · +40 funds added
Insider flow
Accumulating
Net +$96.0K over 90 days · 0% sells
Short interest
Falling
30.96% of float · ▼ -5.1% MoM · 22.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
265 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $17
Now $21 · 66%
Range high $22
vs 200-day avg +4%
vs 50-day avg -2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| % IG and IG Profile Tenants (by ABR) | 56.5% | as of June 30, 2026 | — |
| % of ABR derived from Investment Grade Profile Tenants | 14.6% | Three Months Ended June 30, 2026 | — |
| % of ABR derived from Investment Grade Tenants | 30.3% | Three Months Ended June 30, 2026 | — |
| ABR | 231.43M | As of June 30, 2026 | — |
| Adjusted EBITDAre non-GAAP | $53M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBITDAre 50.3M
-2.28M Straight-line rent adjustments
+16K Debt-related transaction costs
+0K Non-recurring executive transition costs, severance and related charges
-375K Other non-recurring gain
-474K Other income, net
+6K Transaction costs, net
+1.75M Non-cash compensation expense
+266K Adjustment for construction in process
+3.8M Adjustment for intraquarter investment activities
= Adjusted EBITDAre 53M
|
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| Adjusted Funds from Operations (AFFO) non-GAAP | $68.72M | Six Months Ended June 30, 2026 | — |
| Adjusted Funds from Operations per Diluted Share non-GAAP | $0.35 | Three Months Ended June 30, 2026 | — |
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| Adjusted Net Debt non-GAAP | $672.23M | As of June 30, 2026 | — |
| Adjusted Net Debt / Annualized Adjusted EBITDAre non-GAAP | 3.2 | As of June 30, 2026 | — |
| Amount Funded During the Quarter | 7.68M | Three Months Ended June 30, 2026 | — |
| Amount Funded to Date | 13.58M | As of June 30, 2026 | — |
| Amount of Repayment | $20.09M | Three Months Ended June 30, 2026 | — |
| Annualized Adjusted EBITDAre non-GAAP | $212M | As of June 30, 2026 | — |
| Average Asset Size | $3.8M | as of June 30, 2026 | — |
| Cash Yield | 7.4% | Three Months Ended June 30, 2026 | — |
| Combined Investment grade (rated) & Investment grade profile (unrated) - % of ABR | 56.5% | Three Months Ended June 30, 2026 | — |
| Core Funds from Operations (Core FFO) non-GAAP | $66.26M | Six Months Ended June 30, 2026 | — |
| Core Funds from Operations per Diluted Share non-GAAP | $0.66 | Six Months Ended June 30, 2026 | — |
|
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| Disposition Cash Yield % | 6.8% | Three Months Ended June 30, 2026 | — |
| Dividends per share as a percent of AFFO non-GAAP | 63% | Three Months Ended June 30, 2026 | — |
| Equity Market Capitalization non-GAAP | $2.15B | As of June 30, 2026 | — |
| Estimated Funding Remaining on Developments | 22.74M | As of June 30, 2026 | — |
| Funds from Operations (FFO) non-GAAP | $66.04M | Six Months Ended June 30, 2026 | — |
| Funds from Operations per Diluted Share non-GAAP | $0.65 | Six Months Ended June 30, 2026 | — |
|
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| Gross Investment | $298.86M | Three Months Ended June 30, 2026 | — |
| Gross Proceeds | $49.14M | Three Months Ended June 30, 2026 | — |
| Industries | 28 | As of June 30, 2026 | — |
| Investment Cash Yield % | 7.4% | Six Months Ended June 30, 2026 | — |
|
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| Investment Grade (IG) and Investment Grade Profile (IGP) | 56.5% | as of June 30, 2026 | — |
| Investment grade (rated) - % of ABR | 40.7% | Three Months Ended June 30, 2026 | — |
| Investment Grade and Investment Grade Profile % | 44.9% | Three Months Ended June 30, 2026 | — |
| Investment Grade Profile % | 15.8% | As of June 30, 2026 | — |
| Investment grade profile (unrated) - % of ABR | 15.8% | Three Months Ended June 30, 2026 | — |
| Investments | 859 | as of June 30, 2026 | — |
| Investments Amount | 537.82M | Six Months Ended June 30, 2026 | — |
|
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| Lease Turnover Through 2027 (by ABR) | 2% | As of June 30, 2026 | — |
| Loan Repayments Cash Yield % | 9% | Three Months Ended June 30, 2026 | — |
| Necessity, Discount, and Service-Oriented Tenants | 89.1% | as of June 30, 2026 | — |
| Net Debt non-GAAP | $1.39B | As of June 30, 2026 | — |
| Net Debt / Annualized Adjusted EBITDAre non-GAAP | 6.5 | As of June 30, 2026 | — |
| Net Investment Activity | 442.92M | Six Months Ended June 30, 2026 | — |
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| Number of Developments | 5 | As of June 30, 2026 | — |
| Number of Dispositions | 21 | Six Months Ended June 30, 2026 | — |
| Number of Investments | 859 | As of June 30, 2026 | — |
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| Number of Loan Repayments | 29 | Six Months Ended June 30, 2026 | — |
| Occupancy | 100% | As of June 30, 2026 | — |
| PF Adj. Net Debt / Undepreciated Gross Assets non-GAAP | 20.5% | as of June 30, 2026 | — |
| Portfolio Square Feet | 15.4M | as of June 30, 2026 | — |
| Pro Forma Adjusted Net Debt non-GAAP | $667.75M | As of June 30, 2026 | — |
| Pro Forma Adjusted Net Debt / Annualized Adjusted EBITDAre non-GAAP | 3.1 | As of June 30, 2026 | — |
| Property-Level Cash NOI non-GAAP | $50.05M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Property-Level NOI 52.22M
-2.28M Straight-line rent adjustments
+112K Amortization of lease-related intangibles
= Property-Level Cash NOI 50.05M
|
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| Property-Level Cash NOI Estimated Run Rate non-GAAP | $53.41M | As of June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Property-Level Cash NOI 50.05M
+3.36M Adjustment for intraquarter acquisitions, dispositions, and completed development
= Property-Level Cash NOI Estimated Run Rate 53.41M
|
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| Property-Level NOI non-GAAP | $52.22M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 6.31M
+5.84M General and administrative
+25.81M Depreciation and amortization
+4.2M Provisions for impairment
+6K Transaction costs, net
+15.55M Interest expense, net
-1.66M Gain on sales of real estate, net
+78K Income tax expense
-102K Amortization of loan origination costs and discounts
-2.91M Interest income on mortgage loans receivable
-908K Other income, net
= Property-Level NOI 52.22M
|
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| Shares Settled During Quarter | 4,264,947 | Three Months Ended June 30, 2026 | — |
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| Shares Sold During Quarter (ATM Program) | 9,005,190 | Three Months Ended June 30, 2026 | — |
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| Square Feet | 15,418,621 | As of June 30, 2026 | — |
| States | 46 | As of June 30, 2026 | — |
| Tenants | 156 | As of June 30, 2026 | — |
| Total Enterprise Value non-GAAP | $3.54B | As of June 30, 2026 | — |
| Total Estimated Development Cost | 36.31M | As of June 30, 2026 | — |
| Total Liquidity | 1.09B | As of June 30, 2026 | — |
| Total PF Liquidity non-GAAP | $1.1B | as of June 30, 2026 | — |
| Total Pro Forma Liquidity | 1.09B | As of June 30, 2026 | — |
| Total Shares and OP Units Outstanding | 101.9M | As of June 30, 2026 | — |
| Trailing Four Quarter Avg. Net Investments | $195.8M | the four quarters ended June 30, 2026 | — |
| Trailing Four Quarter Wtd. Avg. Cash Yield | 7.5% | the four quarters ended June 30, 2026 | — |
| Unsettled forward equity shares | 38,942,108 | As of June 30, 2026 | — |
| WALT | 10 | As of June 30, 2026 | — |
| WALT (Years) | 10 | as of June 30, 2026 | — |
| Weighted average common shares outstanding, diluted | 102,788,997 | Three Months Ended June 30, 2026 | — |
| Weighted average debt maturity | 3.6 | As of June 30, 2026 | — |
| Weighted Average Lease Term | 10 | as of June 30, 2026 | — |
| Weighted Average Lease Term (Dispositions) | 9.4 | Three Months Ended June 30, 2026 | — |
| Weighted Average Lease Term (Investments) | 9.8 | Three Months Ended June 30, 2026 | — |
| Weighted Average Lease Term (years) | 10 | As of June 30, 2026 | — |
| Weighted average lease term remaining (years) | 10 | Three Months Ended June 30, 2026 | — |
| Wtd. Avg. Cash Yield Since 3Q’20 | 7.1% | since 3Q’20 | — |
| Number of Industries | 28 | As of March 31, 2026 | — |
| Number of Investments (Portfolio) | 804 | As of March 31, 2026 | — |
| Number of Tenants | 138 | As of March 31, 2026 | — |
| Gross Investment Activity | $245.43M | Three Months Ended December 31, 2025 | — |
| Investment Grade % | 44.3% | As of December 31, 2025 | — |
| Blended Cash Yield | 7.5% | Year Ended December 31, 2025 | — |
| Shares Unsettled as of December 31, 2025 | 21,618,834 | As of December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Retail — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NTST
this stock
NETSTREIT Corp.
|
$2.07B | +16.4% | +19.8% | 145.9 | 31.0% |
|
SPG
Simon Property Group Inc.
|
$71.52B | +20.6% | +6.7% | 15.6 | 3.0% |
|
O
Realty Income Corp
|
$59.04B | +11.7% | +9.1% | 45.6 | 4.8% |
|
UNBLF
Unibail-Rodamco SE/ADR
|
$17.27B | +8.7% | — | — | 0.0% |
|
KIM
Kimco Realty Corp
|
$16.31B | +20.0% | +5.1% | — | 4.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NTST | +0.0% | -4.9% | -0.4% | -4.3% | +16.4% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | +0.4% | -7.8% | -12.0% | -7.2% | +3.6% |
Capital returns
Latest dividend
$0.22
/ share · ex Jun 1, 2026
Declared · upcoming
$0.225
/ share · ex Sep 1, 2026
Paid (TTM)
$0.87
/ share · 4 payouts
Dividend yield (TTM, derived)
4.24%
Buyback program
· as of Jun 30, 2026
Authorized
$300.00M
Spent (derived)
$300.00M
Remaining
$0
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1798100
CUSIP
64119V303
13F (30d)
269 filings
254 filers
Visit website
Investor relations