NNN REIT, Inc. (NNN)

NYSE: NNN · Real-Time Price · USD
40.35
+0.58 (1.46%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.46%
Market Cap 7.57B
Revenue (ttm) 867.02M
Net Income (ttm) 394.95M
Shares Out 187.53M
EPS (ttm) 2.16
PE Ratio 18.68
Forward PE 20.29
Dividend $2.32 (5.75%)
Ex-Dividend Date Oct 31, 2024
Volume 1,494,086
Open 40.22
Previous Close 39.77
Day's Range 40.11 - 41.10
52-Week Range 38.88 - 49.57
Beta 1.09
Analysts Hold
Price Target 46.38 (+14.94%)
Earnings Date Feb 6, 2025

About NNN

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2023, the company owned 3,532 properties in 49 states with a gross leasable area of approximately 36.0 million square feet and a weighted average remaining lease term of 10.1 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 or more consecutive years. [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1984
Employees 82
Stock Exchange NYSE
Ticker Symbol NNN
Full Company Profile

Financial Performance

In 2023, NNN REIT's revenue was $828.11 million, an increase of 7.12% compared to the previous year's $773.05 million. Earnings were $391.73 million, an increase of 17.25%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NNN stock is "Hold." The 12-month stock price forecast is $46.38, which is an increase of 14.94% from the latest price.

Price Target
$46.38
(14.94% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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NNN REIT: Valuation Becomes More Tempting

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NNN REIT Is Downplaying Emerging Tenant Troubles

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NNN REIT, Inc. (NNN) Q3 2024 Earnings Call Transcript

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Third Quarter 2024 Operating Results Announced by NNN REIT, Inc.

ORLANDO, Fla. , Oct. 31, 2024 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter and nine months ended September 30, 2024...

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Common Dividend Declared by NNN REIT, Inc.

ORLANDO, Fla. , Oct. 15, 2024 /PRNewswire/ -- The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced a quarterly dividend of 58 cents per share payable N...

2 months ago - PRNewsWire

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2 months ago - Seeking Alpha

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