Accreting X-ray pulsars (XRPs) undergo luminous X-ray outbursts during which the spectral and timing behavior of the neutron star can be studied in detail. We analyze a NuSTAR observation of the XRP XTE J1858+034 during its outburst in 2019. The spectrum is fit with a phenomenological, a semi-empirical and a physical spectral model. A candidate cyclotron line is found at 48 keV, implying a magnetic field of 5.4x1012 G at the site of emission. This is also supported by the physical best-fit model. We propose an orbital period of about 81 days based on the visual inspection of the X-ray outbursts recurrence time observed with Swift/BAT. Based on Fermi Gamma-ray Burst Monitor data, the standard disk accretion-torque theory allowed us to infer a distance of 10.9±1.0 kpc. Pulse profiles are single-peaked and show a pulsed fraction that is strongly energy-dependent at least up to 40 keV.