
NETSTREIT Corp (NTST) Stock Forecast & Price Target
NETSTREIT Corp (NTST) Analyst Ratings
Bulls say
Netstreit Corp demonstrates a strong financial outlook, underlined by a 30% year-to-date reduction in its cost of equity, which has facilitated improved investment spreads now at 120 basis points. The company is positioned for accelerated Adjusted Funds from Operations Per Share (AFFOPS) growth, projected to reach 6% by 2027, reflecting an upward revision from previous estimates of 3% in 2025 and 2026. This enhancement in growth expectations, alongside the inherent strength of its retail-focused portfolio comprising necessity-driven tenants, supports a favorable long-term investment thesis.
Bears say
Netstreit Corp faces a challenging financial outlook due to a significant decline in its tenant credit exposure, illustrated by Family Dollar's ABR exposure decreasing to 2.8% from 4.3% quarter-over-quarter, alongside similar reductions for Walgreens, CVS, and Home Depot. The company is also grappling with serious investment activity issues, including difficulties in sourcing accretive acquisitions, potential interest rate hikes above market expectations, and the risk of tenant bankruptcies, all of which could result in a loss of net operating income (NOI) and subsequent dividend cuts. Additionally, the firm's equity-fueled investment strategy appears to be stalled, as evidenced by reduced ABR exposure for major tenants like Dollar General, suggesting weakened tenant stability and heightened concentration risk.
This aggregate rating is based on analysts' research of NETSTREIT Corp and is not a guaranteed prediction by Public.com or investment advice.
NETSTREIT Corp (NTST) Analyst Forecast & Price Prediction
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