Netstreit Corp (NYSE: NTST) is 10.18% higher on its value in year-to-date trading and has touched a low of $13.42 and a high of $18.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NTST stock was last observed hovering at around $15.34 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $15.59, the stock is 2.88% and 6.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 1.63% at the moment leaves the stock -0.44% off its SMA200. NTST registered -10.14% loss for a year compared to 6-month loss of -4.24%. The firm has a 50-day simple moving average (SMA 50) of $14.695 and a 200-day simple moving average (SMA200) of $15.6592.
The stock witnessed a 6.78% gain in the last 1 month and extending the period to 3 months gives it a 9.94%, and is 1.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.73% over the week and 2.23% over the month.
Netstreit Corp (NTST) has around 22 employees, a market worth around $1.28B and $163.54M in sales. Fwd P/E is 47.43. Profit margin for the company is -7.30%. Distance from 52-week low is 16.17% and -17.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.54%).
The EPS is expected to grow by 265.48% this year
295.0 institutions hold shares in Netstreit Corp (NTST), with institutional investors hold 120.10% of the company’s shares. The shares outstanding are 81.60M, and float is at 80.24M with Short Float at 9.19%. Institutions hold 119.42% of the Float.
The top institutional shareholder in the company is COHEN & STEERS, INC. with over 9.23 million shares valued at $148.62 million. The investor’s holdings represent 12.5441 of the NTST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.05 million shares valued at $129.55 million to account for 10.9347 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.68 million shares representing 10.4328 and valued at over $123.6 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 7.3888 of the shares totaling 5.44 million with a market value of $87.54 million.
Netstreit Corp (NTST) Insider Activity
The most recent transaction is an insider purchase by Manheimer Mark, the company’s President, CEO and Secretary. SEC filings show that Manheimer Mark bought 2,500 shares of the company’s common stock on Mar 11 ’25 at a price of $14.87 per share for a total of $37162.0. Following the purchase, the insider now owns 0.31 million shares.
Netstreit Corp disclosed in a document filed with the SEC on Mar 10 ’25 that Manheimer Mark (President, CEO and Secretary) bought a total of 6,384 shares of the company’s common stock. The trade occurred on Mar 10 ’25 and was made at $15.33 per share for $97870.0. Following the transaction, the insider now directly holds 0.3 million shares of the NTST stock.
Still, SEC filings show that on Mar 10 ’25, Donlan Daniel P (CFO and Treasurer) acquired 1,000 shares at an average price of $15.27 for $15270.0. The insider now directly holds 15,890 shares of Netstreit Corp (NTST).
