earnings
confidence high
sentiment positive
materiality 0.75
NETSTREIT Q2 AFFO $0.35/share, raises 2026 AFFO guidance to $1.37-$1.39, dividend up 2.3%
NETSTREIT Corp.
- Net income $0.06 per diluted share; AFFO $0.35 per diluted share (up 6.1% YoY).
- Gross investment activity $298.9M at 7.4% blended cash yield; $184.4M forward equity sales.
- 2026 AFFO per share guidance raised to $1.37-$1.39; net investment guidance raised to $700M-$800M.
- Quarterly dividend increased 2.3% to $0.225 per share.
- Portfolio 100% occupied; balance sheet strengthened.