Quarterly ResultJul 22, 2026, 04:37 PM
NETSTREIT Q2 AFFO $0.35; Raises 2026 Guidance & Dividend
AI Summary
NETSTREIT Corp. announced strong financial and operating results for the second quarter ended June 30, 2026, with Net Income per Diluted Share increasing 50% to $0.06 and AFFO per Diluted Share rising 6.1% to $0.35. The company completed significant gross investment activity of $298.9 million at an attractive 7.4% blended cash yield. Reflecting this performance, NETSTREIT raised its full-year 2026 AFFO per share guidance and net investment guidance, and increased its quarterly dividend by 2.3% to $0.225 per share.
Key Highlights
- Reported Q2 2026 Net Income per Diluted Share of $0.06, a 50% increase year-over-year.
- Achieved Q2 2026 Adjusted Funds from Operations (AFFO) per Diluted Share of $0.35, up 6.1% year-over-year.
- Completed $298.9 million in gross investment activity during Q2 2026 at a 7.4% blended cash yield.
- Increased 2026 AFFO per share guidance to a new range of $1.37 to $1.39.
- Raised 2026 net investment guidance range to $700 million to $800 million.
- Increased quarterly dividend by 2.3% to $0.225 per share.
- Maintained 100.0% occupancy across its portfolio as of June 30, 2026.
- Reported $184.4 million of forward equity sales during the quarter.
Price Impact
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