NETSTREIT ( (NTST) ) has provided an update.
On February 24, 2025, NETSTREIT Corp. reported its financial and operating results for the fourth quarter and full year ending December 31, 2024. The company achieved a record gross investment activity of $195.1 million at a 7.4% cash yield during the fourth quarter and introduced a 2025 AFFO per share guidance of $1.27 to $1.30. Despite reporting a net loss of $0.07 per diluted share for the fourth quarter, NETSTREIT completed significant capital recycling and closed $275 million in additional financing commitments in January 2025, positioning itself for future growth with a focus on enhancing tenant diversity and internal growth.
More about NETSTREIT
NETSTREIT Corp. is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing single-tenant, retail commercial real estate properties across the United States. The company primarily invests in properties leased to high-quality tenants under long-term net leases, aiming to provide stable and growing cash flows.
YTD Price Performance: 2.65%
Average Trading Volume: 782,362
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.17B
Learn more about NTST stock on TipRanks’ Stock Analysis page.