tiprankstipranks
NETSTREIT Achieves Record Investment and Strong AFFO
Company Announcements

NETSTREIT Achieves Record Investment and Strong AFFO

Don't Miss our Black Friday Offers:

NETSTREIT ( (NTST) ) has issued an update.

NETSTREIT Corp. reported a record $151.6 million in gross investment activity for the third quarter of 2024, achieving a 7.5% blended cash yield. Despite a net loss of $0.07 per diluted share, the company maintained a strong Adjusted Funds from Operations (AFFO) of $0.32 per share. With a fully occupied portfolio, NETSTREIT remains committed to enhancing portfolio diversification and consistent AFFO growth, aiming to deliver sustained value for shareholders.

Find detailed analytics on NTST stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyScotiabank sees ‘attractive risk-reward,’ upgrades Netstreit to Outperform
TheFlyNetstreit upgraded to Outperform from Sector Perform at Scotiabank
TipRanks Auto-Generated NewsdeskNETSTREIT Corp. Achieves Record Investment in Q3 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App