NetSTREIT Corp. (NTST) Stock Analysis
Range Bound setup
Real Estate · REIT - Retail
Hold if already holding. Not a fresh buy at $20.27, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 56% of NOI from unrated or sub-investment-grade tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: unrated or sub-investment-grade tenants (55.7%).
NetSTREIT is an internally managed net lease REIT owning 761 single-tenant commercial retail properties in 45 states with $198.3M ABR. It targets necessity retail tenants such as grocers, convenience stores, discount stores, and auto parts retailers. Portfolio was 99.9% occupied... Read more
Hold if already holding. Not a fresh buy at $20.27, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 56% of NOI from unrated or sub-investment-grade tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: unrated or sub-investment-grade tenants (55.7%). Chart setup: RSI 53 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 80d clear, semi cycle peak clear). Fails on favorable risk/reward ratio and reit tenant cliff hard block. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWGeographicTexas17%10-K Item 1A: 'substantial holdings in Texas (17.3%), Illinois (8.3%), New York (6.9%), Georgia (5.0%), Wisconsin (4.9%), and North Carolina (4.0%) based on ABR as of December 31, 2025'
- MEDIUMGeographicSouth and Midwest regions50%10-K Item 1A: 'a significant portion of our portfolio holdings (based on ABR as of December 31, 2025) were located in the South (49.5%) and Midwest (28.0%) regions of the United States'
- HIGHTenantunrated or sub-investment-grade tenants56%10-K Item 1A: '55.7% of our properties were leased to unrated or sub-investment-grade tenants'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·1 ceiling hit
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $20.27, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 56% of NOI from unrated or sub-investment-grade tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: unrated or sub-investment-grade tenants (55.7%). Chart setup: RSI 53 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $20.76 (+2.4%), stop $19.43 (−4.3%), A.R:R -0.1:1. Score 5.7/10, moderate confidence.
Take-profit target: $20.76 (+2.4% upside). Target $20.76 (+2.4%), stop $19.43 (−4.3%), A.R:R -0.1:1. Stop-loss: $19.43.
REIT tenant concentration cliff: 56% of NOI from unrated or sub-investment-grade tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: unrated or sub-investment-grade tenants (55.7%); Analyst target reached - limited upside remaining.
NetSTREIT Corp. trades at a P/E of 171.4 (forward 50.2). TrendMatrix value score: 3.7/10. Verdict: Hold.
25 analysts cover NTST with a consensus score of 4.1/5. Average price target: $22.
What does NetSTREIT Corp. do?NetSTREIT is an internally managed net lease REIT owning 761 single-tenant commercial retail properties in 45 states...
NetSTREIT is an internally managed net lease REIT owning 761 single-tenant commercial retail properties in 45 states with $198.3M ABR. It targets necessity retail tenants such as grocers, convenience stores, discount stores, and auto parts retailers. Portfolio was 99.9% occupied with a 10.1-year weighted average lease term at Dec 31, 2025.