NNN REIT, Inc. (NNN)
| Market Cap | 7.76B |
| Revenue (ttm) | 869.27M |
| Net Income (ttm) | 396.15M |
| Shares Out | 187.55M |
| EPS (ttm) | 2.15 |
| PE Ratio | 19.24 |
| Forward PE | 20.69 |
| Dividend | $2.32 (5.61%) |
| Ex-Dividend Date | Jan 31, 2025 |
| Volume | 1,368,405 |
| Open | 41.55 |
| Previous Close | 41.52 |
| Day's Range | 41.15 - 41.74 |
| 52-Week Range | 37.55 - 49.57 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 44.70 (+8.13%) |
| Earnings Date | Apr 30, 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]
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 StatementsAnalyst Forecast
According to 11 analysts, the average rating for NNN stock is "Hold." The 12-month stock price forecast is $44.7, which is an increase of 8.13% from the latest price.
News
NNN REIT: My Favorite Net Lease REIT Right Now
Retail investors should consider rotating into income-generating stocks like NNN REIT to ride out market volatility. NNN REIT carries a 35-year track record of dividend raises, a high 98.5% occupancy ...
NNN REIT: No Obvious Reason To Jump In Right Now
The spread between the implied cap rate for the Nareit Free Standing subsector and the US 10-year Treasury has narrowed, indicating potential downward pricing pressure. NNN REIT's current deal flow pi...
Locking In 6% Consistent Income: 3 High-Yield Dividends I Love
Bearish sentiment is soaring, but I'm focused on the big picture. Elevated uncertainty means volatility, but long-term investors should stay disciplined and diversified. I'm avoiding short-term calls ...
The More They Drop, The More I Buy (Up To 11% Yields)
These 4 dividend stocks have dropped sharply. Here's why they are worth doubling down on. Buy the dip in these high-yield stocks before the market catches on—valuation resets could drive big upside.
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...
Dividend Harvesting Portfolio Week 208: $20,800 Allocated, $2,017.65 In Projected Dividends
Despite market volatility and economic concerns, my Dividend Harvesting Portfolio only declined by 0.79%, showcasing the effectiveness of my diversification strategy. I focused on undervalued REITs li...
My Top 10 REITs For 2025 (Revisited)
I screened for high-quality, competitively advantaged REITs to deliver 29% annualized returns in 2025; the portfolio is on target with a 5.4% YTD return. Top performers include Terreno (+13.5%), EastG...
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...
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...
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—...
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...
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...
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 ...
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.
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...
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.
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...
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...
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...
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...
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...
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...