NTST
Real EstateNETSTREIT Corp. · REIT - Retail · $2B
What is NETSTREIT Corp.?
NETSTREIT Corp. is a Dallas-based, internally managed REIT focused on single-tenant net lease retail properties across the United States. Its portfolio targets tenants that are resilient to e-commerce disruption and carry strong balance sheets.
NETSTREIT acquires and manages single-tenant retail properties under long-term net lease agreements, meaning tenants cover most operating costs. Revenue flows primarily from stable, contractual rent payments. The company targets e-commerce-resistant retailers — think essential services and necessity-based businesses — aiming to build what management describes as the highest-quality net lease retail portfolio in the country.
NETSTREIT was founded in 2020 and is headquartered in Dallas, Texas.
- Single-tenant net lease property acquisition
- Nationally diversified retail real estate portfolio
- Internally managed REIT structure
- Focus on e-commerce-resistant, financially healthy tenants
Is NTST a Good Stock to Buy?
UQS Score rates NTST as Good overall, reflecting a balanced profile with notable strengths and areas worth monitoring.
NETSTREIT's Growth pillar stands out as its strongest attribute, supported by a Risk profile that rates Good — suggesting the company manages balance sheet and operational risk better than many small-cap REIT peers. Valuation also comes in at a Good level, meaning the stock does not appear significantly stretched relative to its fundamentals.
The Moat pillar registers as Weak, which is common in net lease REITs where differentiation is harder to sustain. Quality rates Neutral, indicating room for improvement in underlying earnings quality metrics.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NTST pay dividends?
Yes — NETSTREIT Corp. pays a dividend.
NETSTREIT pays a regular dividend, consistent with its REIT structure — REITs are required to distribute the majority of taxable income to shareholders. The dividend is a core part of the investment thesis, designed to deliver consistent cash flow. Income-focused investors often screen for NTST alongside other [net lease REITs](/sector/real-estate) for this reason.
When does NTST report earnings?
NETSTREIT reports earnings on a quarterly cadence, typical for US-listed REITs.
The company's Growth pillar rating suggests its portfolio expansion has been tracking above what might be expected for a small-cap REIT of its age. Net lease REITs are evaluated heavily on funds from operations and occupancy trends rather than traditional earnings metrics.
For the most recent quarter's results and guidance, visit NETSTREIT's official investor relations page.
NTST Price History
+16.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in NETSTREIT Corp.?
Based on NETSTREIT Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
NTST Long-term Outlook
NETSTREIT's Strong Growth pillar points to continued portfolio expansion as the primary driver of the fundamental outlook. The Good Risk rating suggests the company is not taking on excessive leverage to fuel that growth — a meaningful distinction in the current interest rate environment. The Weak Moat rating, however, is a reminder that net lease retail is a competitive space where tenant quality and lease duration matter enormously to long-run durability.
Growth drivers
- Ongoing acquisition of e-commerce-resistant single-tenant properties
- Expanding national footprint with high-credit-quality tenants
- Internally managed structure supporting cost discipline
Key risks
- Interest rate sensitivity common to all net lease REITs
- Limited competitive moat in a crowded net lease market
- Tenant concentration or retail sector headwinds affecting rent coverage
NTST vs Peers
NETSTREIT operates in the net lease and retail REIT space alongside several peers with distinct strategies and portfolio profiles.
Getty Realty focuses primarily on convenience and automotive retail properties, giving it a more concentrated sector exposure compared to NETSTREIT's broader necessity-retail approach.
CBL centers on enclosed mall and open-air retail properties, representing a very different risk and tenant profile than NETSTREIT's single-tenant net lease model.
Primaris is a Canadian REIT focused on enclosed shopping centres, operating in a different regulatory and geographic environment than NETSTREIT's US-centric net lease portfolio.
Frequently Asked Questions
What does NETSTREIT do?
NETSTREIT is an internally managed REIT that acquires single-tenant retail properties under long-term net lease agreements. It targets tenants in necessity-based and e-commerce-resistant retail categories, aiming to generate stable, recurring rental income distributed to shareholders as dividends.
Does NTST pay dividends?
Yes, NETSTREIT pays a regular dividend. As a REIT, it is required to distribute the majority of its taxable income to shareholders. The dividend is central to the company's investor value proposition and is funded by contractual rental income from its tenant base.
When does NTST report earnings?
NETSTREIT reports on a quarterly cadence, as is standard for US-listed REITs. For exact dates and the most recent results, check NETSTREIT's investor relations page directly, as our data source does not carry forward-looking earnings dates.
Is NTST a good stock to buy?
UQS Score rates NTST as Good overall. Its strongest attributes are Growth and Risk, while Moat rates Weak and Quality is Neutral. Whether it fits your portfolio depends on your income goals, risk tolerance, and view on the net lease retail sector. The full pillar breakdown is available to Pro members.
Is NTST overvalued?
NTST's Valuation pillar rates as Good, suggesting the stock is not significantly overpriced relative to its fundamentals at the time of scoring. Valuation in REITs is typically assessed through metrics like price-to-FFO and dividend yield context rather than traditional earnings multiples.
How does NTST compare to its competitors?
Compared to peers like Getty Realty and CBL, NETSTREIT distinguishes itself through its focus on diversified, e-commerce-resistant single-tenant retail and its internally managed structure. Each competitor operates with a meaningfully different property type or geographic focus. See the competitor section above for a side-by-side UQS comparison.
What is NTST's market cap bracket?
NETSTREIT is classified as a small-cap company. This places it in a segment of the REIT market where growth potential can be higher, but liquidity and analyst coverage may be more limited than larger peers in the [real estate sector](/sector/real-estate).
Who founded NETSTREIT?
NETSTREIT was founded in 2020. Founding and leadership details are publicly available through the company's official website and SEC filings, where the management team's commercial real estate backgrounds are documented.
Is NTST a long-term quality investment?
From a quality-scoring perspective, NTST's Good overall UQS rating reflects meaningful strengths in Growth and Risk management. However, the Weak Moat rating is a factor long-term investors should weigh, as durable competitive advantages are important for sustaining returns over multi-year horizons.
What is the main competitive advantage of NETSTREIT?
NETSTREIT's primary edge lies in its disciplined tenant selection — targeting e-commerce-resistant, financially healthy retailers — and its internally managed structure, which aligns management incentives with shareholders. That said, the UQS Moat pillar rates Weak, reflecting the broader competitive dynamics of the net lease REIT space.
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Pro Analysis
NTST — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 42.2 | 28.2 | 14.0 | 89.8 | 25.9 | 65.0 | +0.1 |
| May 19, 2026 | 42.1 | 28.2 | 14.0 | 89.8 | 25.9 | 65.0 | -9.2 |
| May 7, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.0 | 0.0 |
| May 3, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.2 | 0.0 |
| Apr 26, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.0 | 0.0 |
| Apr 25, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.3 | 0.0 |
| Apr 24, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.1 | 0.0 |
| Apr 18, 2026 | 51.3 | 43.8 | 14.0 | 89.9 | 62.8 | 63.0 | -0.5 |
| Apr 14, 2026 | 51.8 | 43.8 | 14.0 | 89.9 | 62.8 | 66.1 | +0.1 |
| Apr 13, 2026 | 51.7 | 43.8 | 14.0 | 89.9 | 62.8 | 65.9 | -0.1 |
NTST — Pillar Breakdown
Quality
— 28.2/100 (25%)NETSTREIT Corp. currently shows below-average quality metrics, suggesting challenges with profitability.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 89.8/100 (20%)NETSTREIT Corp. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 25.9/100 (15%)NETSTREIT Corp. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 65.0/100 (15%)NETSTREIT Corp. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 14/100 (25%)NETSTREIT Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NTST.
Score Composition
Financial Data
More Stock Analysis
How is the NTST UQS Score Calculated?
The UQS (Unified Quality Score) for NETSTREIT Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses NETSTREIT Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether NETSTREIT Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.