netstreit is an internally managed real estate investment trust (reit) based in dallas, texas that specializes in acquiring single-tenant net lease retail properties nationwide. the growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets. led by a management team of seasoned commercial real estate executives, netstreit's strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.
Company profile
Ticker
NTST
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
843356606
NTST stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
Netstreit Reports Fourth Quarter and Full Year 2023 Financial and Operating Results
14 Feb 24
8-K
Other Events
24 Jan 24
8-K
Other Events
12 Jan 24
424B5
Prospectus supplement for primary offering
11 Jan 24
424B5
Prospectus supplement for primary offering
9 Jan 24
8-K
Netstreit Provides Fourth Quarter and Full Year 2023 Business Update
8 Jan 24
Transcripts
NTST
Earnings call transcript
2023 Q4
15 Feb 24
NTST
Earnings call transcript
2023 Q3
26 Oct 23
NTST
Earnings call transcript
2023 Q2
27 Jul 23
NTST
Earnings call transcript
2023 Q1
27 Apr 23
NTST
Earnings call transcript
2022 Q4
24 Feb 23
NTST
Earnings call transcript
2022 Q3
28 Oct 22
NTST
Earnings call transcript
2022 Q2
29 Jul 22
NTST
Earnings call transcript
2022 Q1
29 Apr 22
NTST
Earnings call transcript
2021 Q4
25 Feb 22
NTST
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.93 mm | 7.93 mm | 7.93 mm | 7.93 mm | 7.93 mm | 7.93 mm |
Cash burn (monthly) | 1.74 mm | 688.00 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 11.80 mm | 4.68 mm | n/a | n/a | n/a | n/a |
Cash remaining | -3.87 mm | 3.25 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.2 | 4.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 144 |
Opened positions | 13 |
Closed positions | 24 |
Increased positions | 76 |
Reduced positions | 44 |
13F shares | Current |
---|---|
Total value | 1.20 tn |
Total shares | 79.60 mm |
Total puts | 9.80 k |
Total calls | 9.40 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
CNS Cohen & Steers | 8.96 mm | $139.62 bn |
BLK Blackrock | 6.81 mm | $106.06 bn |
Vanguard | 6.46 mm | $100.58 bn |
T. Rowe Price Investment Management | 4.89 mm | $76.19 bn |
MS Morgan Stanley | 3.93 mm | $61.21 bn |
PFG Principal Financial Group Inc - Registered Shares | 3.63 mm | $56.56 bn |
Deprince Race & Zollo | 3.37 mm | $52.57 bn |
STT State Street | 3.13 mm | $48.79 bn |
Alliancebernstein | 2.78 mm | $43.28 bn |
Wellington Management | 2.67 mm | $41.66 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | Daniel P Donlan | Common Stock | Payment of exercise | Dispose F | No | No | 17.18 | 4,569 | 78.50 k | 9,710 |
10 Apr 24 | Daniel P Donlan | Common Stock | Option exercise | Acquire M | No | No | 0 | 11,679 | 0.00 | 14,279 |
10 Apr 24 | Daniel P Donlan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 11,679 | 0.00 | 23,361 |
8 Mar 24 | Mark Manheimer | Common Stock | Payment of exercise | Dispose F | No | No | 17.4 | 15,598 | 271.41 k | 221,789 |
8 Mar 24 | Mark Manheimer | Common Stock | Grant | Acquire A | No | No | 0 | 35,169 | 0.00 | 237,387 |
8 Mar 24 | Mark Manheimer | Common Stock | Payment of exercise | Dispose F | No | No | 17.4 | 3,637 | 63.28 k | 202,218 |
8 Mar 24 | Mark Manheimer | Common Stock | Option exercise | Acquire M | No | No | 0 | 8,199 | 0.00 | 205,855 |
8 Mar 24 | Mark Manheimer | Common Stock | Payment of exercise | Dispose F | No | No | 17.4 | 7,786 | 135.48 k | 197,656 |
8 Mar 24 | Mark Manheimer | Common Stock | Option exercise | Acquire M | No | No | 0 | 17,555 | 0.00 | 205,442 |
8 Mar 24 | Mark Manheimer | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,526 | 0.00 | 14,526 |
News
Netstreit Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
7 Mar 24
Mizuho Maintains Buy on Netstreit, Raises Price Target to $19
7 Mar 24
Netstreit Q4 2023 FFO $0.31 Beats $0.30 Estimate, Sales $36.86M Beat $33.94M Estimate
14 Feb 24
Earnings Scheduled For February 14, 2024
14 Feb 24
5 Analysts Assess Netstreit: What You Need To Know
1 Feb 24