Feed / NTST

NETSTREIT Corp.

NTST

Real Estate · 19.66 -0.3% today

Participation confirmed · construction unavailableMarket checked 11 Sept, 15:55 GMT-4

Market read

NETSTREIT Corp.'s move is spreading beyond its market group.

No new filing conclusion is available. 5 of 19 group members are active now; 2 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company-0.3% todayVolume comparison unavailable
Market group5 of 19 activeHealthcare REITs · inactive
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 13 of 19 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • VTR remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 6 of 19 members or fewer.

Watch this read

Research brief

The story so far

Real Estate · REIT - Retail

No new filing conclusion is available. 5 of 19 group members are active now; 2 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 13 of 19 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • VTR remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations320
Usable filing statements53
Verified relationships1
Evidence supporting the case
  • Latest annual revenue changed +19.8% year over year.
Evidence challenging the case
  • Diluted shares increased 10.0% in the latest annual period.
  • Supply chain and availability has repeated adverse evidence across 3 filings.
Questions before a position
  • EV/sales is 33% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

19.66
6m-6.1%12m+8.0%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$59.1M+75.3%$0.08
2022-12-31$96.3M+62.8%$0.16+30.4%
2023-12-31$131.9M+37.0%$0.11+28.2%
2024-12-31$162.8M+23.4%$-0.16+18.3%
2025-12-31$195.0M+19.8%$0.08+10.0%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Reduced Margins on Debt As of December 30, 2025, as a result of receiving an investment grade credit rating, the interest rates on the Company’s term loans and revolving credit facility, including the revolving credit facility fee, are now determined by the C…
10-Q · Apr 20, 2026
Restructuring and cost reductionsmixed · 3 filings
Our FFO is net income in accordance with GAAP, excluding gains (or losses) resulting from dispositions of properties, plus depreciation and amortization and impairment charges on depreciable real property.
10-Q · Apr 20, 2026
Supply chain and availabilitynegative · 3 filings
16 Table of Contents The PNC Credit Facility also contains a sustainability-linked pricing component pursuant to which the Company will receive interest rate reductions up to 0.025 % based on its performance against a sustainability performance target focused…
10-Q · Apr 20, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 8.5× · EV/sales 14.1×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

19.66-0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NTST. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NTST. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NTST

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TFCTruist Financial CorporationlenderApr 20, 2026

Further, we amended our existing credit agreements agented by PNC Bank, National Association (the “PNC Credit Agreement”), Wells Fargo Bank, National Association (the “Wells Fargo Credit Agreement”) and Truist Bank (the “Truist Credit Agreement”), implementin…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NTST is currently a Participant in the organic co-movement group Healthcare REITs. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.