Cantor Fitzgerald has initiated coverage on Netstreit Corp (NTST) with an Overweight rating, marking the firm's first assessment of the company. This decision reflects Cantor Fitzgerald's analysis of Netstreit's business dynamics, industry positioning, and growth potential.
Netstreit operates as an internally managed Real Estate Investment Trust (REIT) focused on acquiring single-tenant net lease retail properties across the United States. Headquartered in Dallas, Texas, the company boasts a diversified portfolio of approximately 687 properties spanning 45 states, featuring 98 different tenants across 26 retail sectors. Its emphasis is on necessity goods and essential services, targeting defensive retail industries such as home improvement, auto parts, and quick-service restaurants.
As of now, Netstreit trades at $18.14, with a market capitalization of $1.5 billion. The company has a P/E ratio of 8,284.87 and a dividend yield of 471.2%. Analysts anticipate upcoming earnings on July 21, 2026, with estimates of $0.07 per share and revenue of $51.2 million. The recent earnings performance has shown mixed results, with Q3 2025 reporting an EPS of $0.01, significantly below the estimated $0.07.
Analyst ratings serve as professional evaluations based on thorough research and financial modeling. While they can provide valuable insights, these ratings are based on assumptions that may not always align with future outcomes. Investors should consider a variety of factors, including company fundamentals and market trends, when making decisions. Analyst opinions can evolve as new information becomes available, highlighting the importance of a comprehensive approach to investment strategy.