NETSTREIT Corp. (NTST) Stock

NETSTREIT Corp. (NTST) is a Real Estate stock trading at $20.33 (as of 2026-08-21), with a market capitalization of $2.06B and a trailing P/E of 112.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NETSTREIT Corp. is an internally managed real estate investment trust based in Dallas, Texas. It invests in single-tenant net lease retail properties across the United States and derives revenue from leases with retail tenants.

Understand NETSTREIT Corp.: how it makes money

NETSTREIT acquires and owns single-tenant net lease retail properties and makes money from the rental cash flows generated by tenants under those leases.

Net lease property cash flows, as reflected by Annualized Rental Revenue and Annualized Lease Revenue, are the core engine behind NETSTREITs consistent cash flow and dividend goal.

Business quality (Mixed): The company has a clear strategy focused on acquiring single-tenant net lease retail assets, and its operating narrative centers on annualized rental and lease revenue, but key risks relate to tenant credit and the performance of its retail net lease portfolio.

Valuation: At 177× earnings, NTST trades 427% above the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Portfolio focus on single-tenant net lease retail properties: The business model is centered on acquiring and growing a net lease retail portfolio designed to generate consistent cash flows.
  • Tenant selection is part of the thesis: NETSTREIT targets properties leased to tenants described as e-commerce resistant and with healthy balance sheets.

Bear case

  • Tenant credit and lease performance matter: Because income depends on rents under leases to individual retail tenants, any decline in tenant fundamentals or lease outcomes could pressure cash flows.
  • Retail property concentration risk: The strategy is concentrated in net lease retail properties, which can carry sector-specific economic and occupancy risks.
Valuation — source: SEC EDGAR (first-party)
Price$20.33
Market Cap$2.06B
P/E Ratio112.8
EV / EBITDA19.0
Price / Book1.31
Price / Sales9.23
DCF Value (model)$35.25
DCF Upside vs Price73.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$195.01M
Net Margin3.6%
Revenue Growth (YoY)19.8%
EPS Growth (YoY)-150.0%
Valuation vs Sector & Industry
Stock P/E112.8
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
vs Sector315.1%
vs Industry219.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderCOHEN & STEERS, INC. ($278.69M)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorReal Estate
IndustryTrading
CEOMark Manheimer
Employees22
CountryUS
IPO Date2020-08-13

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NTST earnings history · NTST institutional & insider holders · NTST KPIs & operating metrics · NTST financials · NTST investor presentations & press releases · NTST SEC filings · NTST peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.