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NETSTREIT (NTST)

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Earnings summaries and quarterly performance for NETSTREIT.

Research analysts who have asked questions during NETSTREIT earnings calls.

Upal Rana

Upal Rana

KeyBanc Capital Markets

7 questions for NTST

Also covers: ADC, BDN, BNL +9 more
Michael Goldsmith

Michael Goldsmith

UBS

6 questions for NTST

Also covers: ADC, AHR, AMH +34 more
MG

Michael Gorman

BTG Pactual

6 questions for NTST

Also covers: BNL, CSR, CTO +13 more
WG

Wesley Golladay

Robert W. Baird & Co.

6 questions for NTST

Also covers: ADC, AHR, ARE +23 more
Daniel Guglielmo

Daniel Guglielmo

Capital One

5 questions for NTST

Also covers: ARKO, CHDN, CZR +7 more
Elmer Chang

Elmer Chang

Scotiabank

5 questions for NTST

Also covers: O, OHI, SBRA +1 more
HS

Haendel St. Juste

Mizuho Financial Group

5 questions for NTST

Also covers: AAT, ADC, AIV +21 more
JG

Jana Galan

Bank of America

5 questions for NTST

Also covers: ADC, AHH, AVB +21 more
Linda Tsai

Linda Tsai

Jefferies

5 questions for NTST

Also covers: ADC, AKR, AMH +31 more
SR

Smedes Rose

Citigroup

5 questions for NTST

Also covers: ADC, DRH, EPR +16 more
John Kilichowski

John Kilichowski

Wells Fargo & Company

4 questions for NTST

Also covers: ADC, CTRE, EPRT +15 more
FG

Farrell Granath

Bank of America

2 questions for NTST

Also covers: ADC, AHR, ARE +13 more
Greg McGinniss

Greg McGinniss

Scotiabank

2 questions for NTST

Also covers: BRX, COLD, EPRT +14 more
Jay Kornreich

Jay Kornreich

Wedbush Securities

2 questions for NTST

Also covers: APLE, BNL, EPRT +6 more
KB

Ki Bin Kim

Truist Securities

2 questions for NTST

Also covers: ADC, AKR, BNL +20 more
RV

Ravi Vaidya

Mizuho

2 questions for NTST

Also covers: AAT, CUBE, EXR +9 more
Alec Feygin

Alec Feygin

Robert W. Baird & Co. Incorporated

1 question for NTST

Also covers: CTRE, FCPT, GMRE +6 more
Dan Guglielmo

Dan Guglielmo

Capital One Financial Corporation

1 question for NTST

Also covers: ARKO, EPRT, GLPI +3 more
KG

Kathryn Graves

UBS

1 question for NTST

Also covers: EPR, FCPT, PINE +2 more
LY

Linda Yu Tsai

Jefferies Financial Group Inc.

1 question for NTST

Also covers: ADC, AKR, BRX +11 more
Nicholas Joseph

Nicholas Joseph

Citigroup

1 question for NTST

Also covers: AMH, ARE, CUBE +13 more
WJ

William John Kilichowski

Wells Fargo

1 question for NTST

Also covers: ADC, CTRE, EPR +14 more

Recent press releases and 8-K filings for NTST.

NETSTREIT Provides Q4 and Full Year 2025 Business Update and 2026 Guidance
NTST
Guidance Update
New Projects/Investments
Earnings
  • NETSTREIT reaffirmed its full year 2025 Adjusted Funds from Operations (AFFO) per share guidance at $1.30 to $1.31 and introduced 2026 AFFO per share guidance in the range of $1.35 to $1.39.
  • The company completed a record $657.1 million of gross investment activity for the full year 2025, achieving a 7.5% blended cash yield.
  • NETSTREIT achieved an Investment Grade Rating of BBB- from Fitch Ratings in December 2025.
  • As of December 31, 2025, total liquidity stood at $1,037,410 thousand.
Jan 12, 2026, 9:06 PM
NETSTREIT Provides Q4 and Full Year 2025 Business Update, Reaffirms 2025 and Initiates 2026 AFFO Guidance
NTST
Guidance Update
New Projects/Investments
  • NETSTREIT completed a record $657.1 million in gross investment activity for the full year 2025, achieving a 7.5% blended cash yield.
  • The company reaffirmed its full year 2025 Adjusted Funds from Operations (AFFO) per share guidance at $1.30 to $1.31 and initiated 2026 AFFO per share guidance in the range of $1.35 to $1.39.
  • NETSTREIT achieved an Investment Grade Rating of BBB- from Fitch Ratings in December 2025 and reported $1,037,410 thousand in total liquidity as of December 31, 2025.
  • For 2026, the company expects net investment activity between $350.0 million and $450.0 million and cash G&A between $16.0 million and $17.0 million.
Jan 12, 2026, 9:05 PM
NETSTREIT Corp. Achieves BBB- Credit Rating from Fitch Ratings
NTST
Debt Issuance
  • NETSTREIT Corp. (NTST) has been assigned a BBB- issuer rating with a stable outlook by Fitch Ratings.
  • Fitch's rating reflects NETSTREIT's solid property portfolio, stable operating performance with over 99% occupancy, strong unit-level rent coverage, and minimal credit losses.
  • This inaugural investment grade rating is expected to enable substantial interest expense savings across the Company's revolving credit and term loan facilities, and more efficient access to certain debt markets.
Dec 30, 2025, 9:05 PM
NETSTREIT Corp. Reports Q3 2025 Financial Results and Business Updates
NTST
Earnings
New Projects/Investments
  • For the three months ended September 30, 2025, NETSTREIT Corp. reported total revenues of $48.31 million and net income of $0.62 million.
  • Diluted AFFO per common share was $0.33 and FFO per common share was $0.29 for Q3 2025.
  • As of September 30, 2025, the company had $1.24 billion in total pro forma liquidity and a pro forma adjusted net debt to annualized adjusted EBITDAre ratio of 3.1x.
  • The portfolio maintained 99.9% occupancy and 62.1% Investment Grade and Investment Grade Profile tenants as of September 30, 2025.
  • Year-to-date through Q3 2025, NETSTREIT completed $412 million of gross investments at a weighted average cash yield of 7.6%.
Dec 8, 2025, 1:08 PM
NTST Increases Full Year 2025 AFFO Guidance
NTST
Guidance Update
New Projects/Investments
Earnings
  • NETSTREIT Corp. increased the low end of its full year 2025 AFFO guidance to a new range of $1.30 to $1.31 per diluted share.
  • The company maintained its full year 2025 net investment activity guidance at $350.0 million to $400.0 million.
  • Cash G&A for full year 2025 is still projected to be between $15.0 million and $15.5 million.
  • The updated guidance reflects increased visibility across various fronts, including the timing of fourth-quarter net investment activity.
Nov 18, 2025, 11:11 AM
NETSTREIT Reports Q3 2025 Results, Increases Investment Guidance
NTST
Earnings
Guidance Update
New Projects/Investments
  • NETSTREIT reported Q3 2025 net income of $621,000 or $0.01 per diluted share, Core FFO of $26.4 million or $0.31 per diluted share, and AFFO of $28 million or $0.33 per diluted share, marking a 3.1% increase in AFFO over last year.
  • The company achieved record quarterly investment activity, closing $203.9 million across 50 properties at a blended cash yield of 7.4%. Consequently, NETSTREIT increased its 2025 net investment guidance range to $350 million to $400 million, up from $125 million to $175 million, while reiterating AFFO per share guidance of $1.29 to $1.31.
  • Capital markets activities in Q3 2025 included a $209.7 million follow-on offering and $20.6 million in ATM sales, contributing to over $1.1 billion in total liquidity and a pro forma adjusted net debt to annualized adjusted EBITDAre of 3.6 times.
  • The portfolio ended the quarter with 721 investments, 114 tenants, and 99.9% occupancy, with top five tenancy declining 600 basis points to 22.9% and over 62% of ABR from investment grade tenants.
Oct 28, 2025, 3:00 PM
NETSTREIT Corp. Reports Q3 2025 Results, Increases Net Investment Activity Guidance
NTST
Earnings
Guidance Update
New Projects/Investments
  • NETSTREIT Corp. reported Q3 2025 net income of $621,000 or $0.01 per diluted share, with Core FFO of $26.4 million or $0.31 per diluted share, and AFFO of $28 million or $0.33 per diluted share, representing a 3.1% increase over last year.
  • The company reiterated its 2025 AFFO per share guidance range of $1.29 to $1.31 but increased its net investment activity range to $350 million to $400 million from the prior range of $125 million to $175 million.
  • In Q3 2025, NETSTREIT completed a 12.4 million share follow-on offering raising $209.7 million in net proceeds and sold 1.2 million shares via ATM for $20.6 million in net proceeds, contributing to over $1.1 billion in total liquidity at quarter end.
  • The portfolio maintained an industry-leading 99.9% occupancy rate with no credit losses in the quarter, and management expects cap rates for acquisitions to return to the 7.4%-7.5% range.
  • Strategic portfolio management efforts, including reducing dollar store and pharmacy exposures, are largely complete, and the company anticipates a significant decrease in dispositions for 2026.
Oct 28, 2025, 3:00 PM
NTST Reports Q3 2025 Financial Results and Portfolio Performance
NTST
Earnings
New Projects/Investments
Debt Issuance
  • For Q3 2025, NTST reported diluted earnings per share (EPS) of $0.01 and diluted Adjusted Funds From Operations (AFFO) per common share of $0.33, with dividends per share at $0.215.
  • The company maintained a strong portfolio with 99.9% occupancy and 62.1% of its tenants being Investment Grade (IG) or IG Profile by ABR, alongside a weighted average unit-level coverage of 3.9x.
  • During Q3 2025, NTST made 50 investments at an average cash cap rate of 7.4% and a weighted average lease term of 13.4 years.
  • NTST's leverage ratios remain healthy, with a Pro Forma Adjusted Net Debt / Annualized Adjusted EBITDAre of 3.6x and a consolidated total leverage ratio of 34.5%, well within covenant requirements as of September 30, 2025.
Oct 28, 2025, 3:00 PM
NETSTREIT Reports Strong Q3 2025 Financial and Operating Results
NTST
Earnings
Guidance Update
New Projects/Investments
  • NETSTREIT Corp. reported Adjusted Funds from Operations (AFFO) of $0.33 per diluted share and Net Income of $0.01 per diluted share for the third quarter ended September 30, 2025.
  • The company achieved record gross investment activity of $203.9 million at a 7.4% blended cash yield in Q3 2025, and increased its 2025 Net Investment Guidance to $350.0 to $400.0 million.
  • Capital raising efforts included a $219.8 million forward equity offering in July 2025 and a $450.0 million aggregate term loan issuance.
  • As of September 30, 2025, NETSTREIT had total liquidity of $1.13 billion and a Pro Forma Adjusted Net Debt / Annualized Adjusted EBITDAre of 3.6x.
Oct 27, 2025, 8:30 PM
NETSTREIT Reports Q3 2025 Financial and Operating Results, Raises Investment Guidance
NTST
Earnings
Guidance Update
New Projects/Investments
  • NETSTREIT reported Net Income of $0.01 and Adjusted Funds from Operations (AFFO) of $0.33 per diluted share for the third quarter ended September 30, 2025.
  • The company achieved a record $203.9 million of gross investment activity at a 7.4% blended cash yield during Q3 2025.
  • NETSTREIT completed a $219.8 million forward equity offering in July 2025 and issued $450.0 million in aggregate 5.5-year and 7-year term loans.
  • The company increased its 2025 Net Investment Guidance to $350.0 to $400.0 million.
  • A quarterly cash dividend of $0.215 per share for the fourth quarter of 2025 was declared, representing an annualized increase of $0.02 per share over the prior year.
Oct 27, 2025, 8:05 PM