NNN REIT, Inc. (NNN)

NYSE: NNN · Real-Time Price · USD
41.27
+0.05 (0.12%)
Feb 21, 2025, 9:51 AM EST - Market open
0.12%
Market Cap 7.73B
Revenue (ttm) 869.27M
Net Income (ttm) 396.15M
Shares Out 187.55M
EPS (ttm) 2.15
PE Ratio 19.19
Forward PE 20.53
Dividend $2.32 (5.62%)
Ex-Dividend Date Jan 31, 2025
Volume 31,774
Open 40.90
Previous Close 41.20
Day's Range 40.78 - 41.25
52-Week Range 37.55 - 49.57
Beta 1.10
Analysts Hold
Price Target 45.44 (+10.26%)
Earnings Date Feb 11, 2025

About NNN

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2024, the company owned 3,549 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 10.0 years. NNN is one of only three publicly traded real estate investment trusts to have increased annual dividends for 35 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 2024, NNN REIT's revenue was $869.27 million, an increase of 4.97% compared to the previous year's $828.11 million. Earnings were $396.15 million, an increase of 1.13%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for NNN stock is "Hold." The 12-month stock price forecast is $45.44, which is an increase of 10.26% from the latest price.

Price Target
$45.44
(10.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

I'm Buying Up To 9% Yield For Recurring Income

The 4% rule may be outdated due to current inflation and market conditions, making income stocks all the more relevant. I highlight two quality players who offer well-covered dividends and strong busi...

Other symbols: ADCHTGCO
1 day ago - Seeking Alpha

NNN REIT: 5.7% Safe Harbor For Your Retirement

NNN REIT is a well-diversified and stable income-generating REIT, despite underperforming peers like ADC and EPRT due to slower AFFO per share growth. NNN's conservative capital allocation and low inv...

3 days ago - Seeking Alpha

February's 5 Dividend Growth Stocks With Yields Up To 10.49%

Dividend growth stocks may not be the most exciting investments, as they generally work best for longer-term investors. Every month, we screen for dividend payers with relatively higher yields. Though...

Other symbols: EIXENBIIPRVICI
3 days ago - Seeking Alpha

10% Yields With Lower Risk: 3 Rare Buying Opportunities You Can't Ignore

These 3 high-yield stocks offer double-digit payouts while keeping risk in check—find out why the market is mispricing them. A government-backed REIT, a powerhouse midstream MLP, and a rock-solid BDC—...

3 days ago - Seeking Alpha

NNN REIT: Collecting Almost 6% From Commercial Real Estate Without The Headaches

I am bullish on NNN REIT due to its strong portfolio, high occupancy rates, and undervaluation compared to peers, offering potential for capital appreciation and dividend income. NNN's triple net leas...

4 days ago - Seeking Alpha

The Macro Case For REITs Is Stronger Than You Think

Real estate property values have rebounded, but REITs remain undervalued. The near term is uncertain, but the long-term macro case is very favorable to REITs. We explain why and highlight a few of our...

Other symbols: FRTVICIVNQ
6 days ago - Seeking Alpha

6-9% Yields: 3 High-Conviction Dividend Growth Strong Buys

The market is currently giving investors the chance to buy high-quality dividend growth stocks at deep discounts and high yields. We are taking advantage of these opportunities. I share three of them ...

Other symbols: AHHVNQWPC
8 days ago - Seeking Alpha

How To Build A $1,000 Monthly Dividend Income Stream From REITs

REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.

Other symbols: ADCARECCIDOCEXRLANDPLD
8 days ago - Seeking Alpha

NNN REIT, Inc. (NNN) Q4 2024 Earnings Conference Call Transcript

NNN REIT, Inc. (NYSE:NNN) Q4 2024 Earnings Conference Call February 11, 2025 10:30 AM ET Company Participants Steve Horn - CEO Kevin Habicht - CFO Conference Call Participants Brad Heffern - RBC Spen...

9 days ago - Seeking Alpha

2024 Annual Results and 2025 Guidance Announced by NNN REIT, Inc.

ORLANDO, Fla. , Feb. 11, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced operating results for the quarter and year ended December 31, 2024.

10 days ago - PRNewsWire

Stock Picks From Seeking Alpha's January 2025 New Analysts

In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Avi...

16 days ago - Seeking Alpha

NNN REIT: Buy This Dividend Champion On Sale Now

NNN REIT offers an outsized dividend that's well-covered and positioned to keep growing. The triple net lease REIT's revenue and core FFO per share rose in Q3. NNN enjoys a BBB+ credit rating from S&P...

18 days ago - Seeking Alpha

If I Were 65, I'd Buy These Dividend Aristocrats In A Heartbeat

Retirement planning requires younger generations to prioritize private investing as Social Security access may be delayed, and life expectancy continues to rise. Dividend Aristocrats with robust growt...

Other symbols: AOSCVXO
4 weeks ago - Seeking Alpha

7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy

There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CP...

4 weeks ago - Seeking Alpha

Why BDCs Will Likely Outperform In 2025

The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs rig...

5 weeks ago - Seeking Alpha

NNN REIT: Navigating High Rates With A Rock-Solid 6% Yield

NNN, the second-largest REIT in the triple net lease sector, faces challenges from rising interest rates and inflation, impacting its performance. Despite underperformance, NNN's extensive and geograp...

5 weeks ago - Seeking Alpha

Real Estate Stocks Bounce as Bond Yields Plunge. Consider These REITs.

The real estate sector has gotten cheap.

Other symbols: OPSASBRA
5 weeks ago - Barrons

NNN REIT, Inc. Announces 2024 Dividend Tax Status

ORLANDO, Fla. , Jan. 14, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that 99.8471% of the dividends paid to common shareholders in 2024 are classif...

5 weeks ago - PRNewsWire

Common Dividend Declared by NNN REIT, Inc.

ORLANDO, Fla. , Jan. 14, 2025 /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 F...

5 weeks ago - PRNewsWire

How To Invest $1 Million For Sustainable Retirement Passive Income

Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million.

6 weeks ago - Seeking Alpha

KEVIN B. HABICHT TO RETIRE AS EVP, CHIEF FINANCIAL OFFICER OF NNN REIT, INC.; VINCENT H.

ORLANDO, Fla. , Jan. 6, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that Kevin B.

6 weeks ago - PRNewsWire

Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss

The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, in...

Other symbols: AMBNBXCNQCSXELSEQIX
7 weeks ago - Seeking Alpha

My New Year Means Much Bigger Income: NNN REIT

2025 is here, meaning it's time to explore ways to continue your portfolio's income growth. Buying bedrock investments means you can have a solid, reliable base level of income annually. Organic growt...

7 weeks ago - Seeking Alpha

My Top 10 REITs For 2025

Over 15 years, I've seen the REIT sector evolve, allowing small investors to own diverse properties like cell towers, data centers, and casinos. Inspired by Warren Buffett, I analyze REITs by their co...

Other symbols: AMTARECCICOLDEGPESRTO
7 weeks ago - Seeking Alpha

2 REITs Investors Should Own In 2025

The REIT market has something for everyone. There are income, growth, and deep value opportunities. But a few REITs have it all. We highlight 2 such REITs to own in 2025.

Other symbols: ADCAMTCCIEPRTMPWOPLD
7 weeks ago - Seeking Alpha