The Question Is Whether To Buy Or Not To Buy Netstreit Corp (NYSE: NTST)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that NETSTREIT Corp. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.

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Stocks Info

Netstreit Corp is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Retail industry. The current market capitalization of Netstreit Corp is $1.25B. A total of 0.95 million shares were traded on the day, compared to an average of 919.40K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, NTST has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 30,380 and the disposition of 11,756 shares. Over the last 12 months, there were 23 BUYs and 11 SELLs from insiders. Insiders purchased 121,299 shares during that period but sold 30,411.

In the most recent transaction, Donlan Daniel P bought 1,300 shares of NTST for 16.92 per share on Sep 11. After the transaction, the CFO and Treasurer now owns 2,600 company shares. In a previous transaction on Aug 03, Manheimer Mark bought 3,181 shares at 17.28 per share. NTST shares that President, CEO and Secretary owns now total 140,832.

Among the insiders who bought shares, Donlan Daniel P acquired of 1,300 shares on Aug 03 at a per-share price of $17.25. This resulted in the CFO and Treasurer holding 1,300 shares of NTST after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Netstreit Corp pays an annual dividend of $0.81, resulting in a dividend yield of 4.47%, and it has a price to earnings (P/E) ratio of 145.48. NTST’s most recent ex-dividend date was 11/30/2023 when it declared a $0.2050 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/31/2023. The NTST stock dividend was $0.2050 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NTST has a high of $20.64 and a low of $13.49.

As of this writing, NTST has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.06 per share and a lower estimate of $0.01. The company reported an EPS of -$0.01 in the last quarter, which was -133.30% lower than expectations of $0.03.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NTST’s latest balance sheet shows that the firm has $7.60M in Cash & Short Term Investments as of fiscal 2021. There were $267.09M in debt and $74.69M in liabilities at the time. Its Book Value Per Share was $17.77, while its Total Shareholder’s Equity was $789.82M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NTST is Buy with a score of 4.00.

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