NetSTREIT is the industry growth leader in retail REITs with 24% revenue growth and an elite Rule of 40 score of 93, exceptional cash conversion at 1000% of net income, but faces extremely high short interest of 35%, a low asymmetry ratio, and its analyst target has essentially been reached, limiting near-term upside.
Thesis pillars
- Elite Rule Of 40 Growth Leader→Stable
- Very High Short Interest↑Improving
- Price At Analyst Target↑Improving
- +1 more pillar — see the Why tab for full reasoning
NetSTREIT Corp. (NTST) Stock Analysis
Real Estate · REIT - Retail
Sell if holding. At $19.64, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 6.2%; Sector modifier (Real Estate): -1.2.
NetSTREIT acquires and manages 761 single-tenant commercial retail properties net-leased to 129 tenants across 28 retail sectors in 45 states, generating $198.3 million in annualized base rent at 99.9% occupancy and a 10.1-year weighted average lease term as of December 31,... Read more
Sell if holding. At $19.64, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 6.2%; Sector modifier (Real Estate): -1.2. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.2/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 43d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About NetSTREIT Corp.
About NetSTREIT Corp.
NetSTREIT owned 761 single-tenant commercial retail properties net-leased across 45 states to 129 tenants spanning 28 retail sectors, generating $198.3 million in annualized base rent as of December 31, 2025. The portfolio was 99.9% occupied with a weighted average remaining lease term of 10.1 years, and roughly 44% of ABR came from investment-grade credit rated tenants and an additional 14% from tenants with an investment-grade profile.
NetSTREIT's net-lease model requires tenants to maintain property insurance and liability coverage under triple-net or double-net structures. The company targets acquisition prices of $1 million to $10 million per property — averaging $3.7 million as of December 31, 2025 — a segment it believes attracts less competition from institutional buyers requiring larger asset sizes. Capital is deployed through five transaction types: stabilized lease acquisitions, blend-and-extend deals, mortgage loans, build-to-suit, and sale-leaseback transactions. Long-term leases carry initial 10-year terms with two or more five-year extension options. In 2025, NetSTREIT acquired 140 properties in 31 states for $603 million and sold 78 properties for $169.1 million specifically to improve portfolio diversification. The top five tenants — CVS, Dollar General, Food Lion/Stop & Shop, Home Depot, and Hobby Lobby — represent 4.8%, 4.7%, 4.3%, 3.8%, and 3.6% of ABR respectively, each well below the company's 5% single-tenant cap. Capital structure included approximately $1.1 billion across six senior unsecured term loans and a $500 million revolving credit facility.
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Texas represents 17.3% of ABR as of year-end 2025, the single largest state concentration in the NetSTREIT portfolio. The South and Midwest U.S. Census Bureau regions account for 49.5% and 28.0% of ABR respectively. The 10-K notes that economic downturns, changes in state-specific tax or labor laws, or natural disasters in any concentrated region could adversely affect operating performance, and that future acquisitions could further increase these regional concentrations beyond current levels.
See also: Real Estate · REIT - Retail
From NetSTREIT Corp.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-09-14Recent Developments — NetSTREIT Corp.
Latest news
- NEWS Jefferies raises Netstreit stock price target on acquisition growth - Investing.com — Investing.com positive
- NEWS Cantor Fitzgerald raises Netstreit stock price target on guidance By Investing.com - Investing.com UK — Investing.com UK positive
- NEWS Entropy Technologies LP Takes Position in NETSTREIT Corp. $NTST - MarketBeat — MarketBeat positive
- NEWS NETSTREIT (NTST) Q2 FFO and Revenues Beat Estimates - Yahoo Finance Australia — Yahoo Finance Australia positive
- NEWS NETSTREIT (NYSE:NTST) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS - MarketBeat — MarketBeat negative
Generated 2026-09-14T06:44:02Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWGeographicTexas17%10-K Item 1A: 'our portfolio included 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 region50%10-K Item 1A: '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'
- MEDIUMGeographicMidwest region28%10-K Item 1A: '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'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·2 ceiling hits
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $19.64, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 6.2%; Sector modifier (Real Estate): -1.2. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $18.94. Score 6.2/10, moderate confidence.
Take-profit target: $20.87 (+6.2% upside). Prior stop was $18.94. Stop-loss: $18.94.
Thin upside margin: 6.2%; Sector modifier (Real Estate): -1.2; Negative momentum.
NetSTREIT Corp. trades at a P/E of 140.3 (forward 47.9). TrendMatrix value score: 5.1/10. Verdict: Sell.
26 analysts cover NTST with a consensus score of 4.1/5. Average price target: $23.
What does NetSTREIT Corp. do?NetSTREIT acquires and manages 761 single-tenant commercial retail properties net-leased to 129 tenants across 28...
NetSTREIT acquires and manages 761 single-tenant commercial retail properties net-leased to 129 tenants across 28 retail sectors in 45 states, generating $198.3 million in annualized base rent at 99.9% occupancy and a 10.1-year weighted average lease term as of December 31, 2025. Revenue comes from long-term net leases with approximately 44% of ABR from investment-grade tenants.