Netstreit Corp's fundamentals are relatively healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 24 out of 189 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 21.53.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Netstreit Corp's Score
Industry at a Glance
Industry Ranking
24 / 189
Overall Ranking
84 / 4546
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Netstreit Corp Highlights
StrengthsRisks
NETSTREIT Corp. is an internally managed real estate investment trust that acquires, owns, invests in and manages a diversified portfolio of single-tenant, retail commercial real estate subject to long-term net leases with high credit quality tenants across the United States. The Company is structured as an umbrella partnership real estate investment trust (UPREIT). The Company’s diversified portfolio consists of approximately 687 single-tenant retail net leased properties spanning 45 states, with 98 different tenants represented across 26 retail sectors. The Company focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenient stores, discount stores, and quick-service restaurants, which it refers to as defensive retail industries.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 47.84% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 224.47, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 118.14M shares, increasing 5.71% quarter-over-quarter.
NETSTREIT Corp. is an internally managed real estate investment trust that acquires, owns, invests in and manages a diversified portfolio of single-tenant, retail commercial real estate subject to long-term net leases with high credit quality tenants across the United States. The Company is structured as an umbrella partnership real estate investment trust (UPREIT). The Company’s diversified portfolio consists of approximately 687 single-tenant retail net leased properties spanning 45 states, with 98 different tenants represented across 26 retail sectors. The Company focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenient stores, discount stores, and quick-service restaurants, which it refers to as defensive retail industries.