Earnings summaries and quarterly performance for NETSTREIT.
Executive leadership at NETSTREIT.
Board of directors at NETSTREIT.
Research analysts who have asked questions during NETSTREIT earnings calls.
Upal Rana
KeyBanc Capital Markets
7 questions for NTST
Michael Goldsmith
UBS
6 questions for NTST
Michael Gorman
BTG Pactual
6 questions for NTST
Wesley Golladay
Robert W. Baird & Co.
6 questions for NTST
Daniel Guglielmo
Capital One
5 questions for NTST
Elmer Chang
Scotiabank
5 questions for NTST
Haendel St. Juste
Mizuho Financial Group
5 questions for NTST
Jana Galan
Bank of America
5 questions for NTST
Linda Tsai
Jefferies
5 questions for NTST
Smedes Rose
Citigroup
5 questions for NTST
John Kilichowski
Wells Fargo & Company
4 questions for NTST
Farrell Granath
Bank of America
2 questions for NTST
Greg McGinniss
Scotiabank
2 questions for NTST
Jay Kornreich
Wedbush Securities
2 questions for NTST
Ki Bin Kim
Truist Securities
2 questions for NTST
Ravi Vaidya
Mizuho
2 questions for NTST
Alec Feygin
Robert W. Baird & Co. Incorporated
1 question for NTST
Dan Guglielmo
Capital One Financial Corporation
1 question for NTST
Kathryn Graves
UBS
1 question for NTST
Linda Yu Tsai
Jefferies Financial Group Inc.
1 question for NTST
Nicholas Joseph
Citigroup
1 question for NTST
William John Kilichowski
Wells Fargo
1 question for NTST
Recent press releases and 8-K filings for NTST.
- 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.
- 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.
- 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.
- 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%.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for NETSTREIT.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more