Netstreit Corp (NYSE:NTST) shares, rose in value on Friday, February 14, with price down by -2.46% to the previous day’s close as strong demand from buyers drove the stock to $13.88.
Actively observing the price movement in the last trading, the stock closed the session at $14.23, falling within a range of $13.805 and $14.43. The value of beta (5-year monthly) was 0.983. Referring to stock’s 52-week performance, its high was $18.97, and the low was $13.42. On the whole, NTST has fluctuated by -0.72% over the past month.
With the market capitalization of Netstreit Corp currently standing at about $1.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.83, with its dividend yield at 5.98%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 161.55M, with a low estimate of 41.41M and a high estimate of 44.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 42.59M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NTST’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NTST currently trading nearly -3.68% and -4.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.02, while the 7-day volatility ratio is showing 2.51% which for the 30-day chart, stands at 2.57%. Furthermore, Netstreit Corp (NTST)’s beta value is 0.98, and its average true range (ATR) is 0.37.
A comparison of Netstreit Corp (NTST) with its peers suggests the former has fared considerably weaker in the market. NTST showed an intraday change of -2.46% in last session, and over the past year, it shrunk by -17.97%%.
Data on historical trading for Netstreit Corp (NYSE:NTST) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 786.22K. According to company’s latest data on outstanding shares, there are 81.58 million shares outstanding.
Nearly 0.57% of Netstreit Corp’s shares belong to company insiders and institutional investors own 119.26% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.85 million shares as on 2025-01-31, resulting in a short ratio of 9.39. According to the data, the short interest in Netstreit Corp (NTST) stood at 1177.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 7.83 million. The stock has fallen by -1.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NTST stock heading into the next quarter.
