National Retail Properties, Inc. (NNN)
| Market Cap | 8.30B |
| Revenue (ttm) | 665.40M |
| Net Income (ttm) | 202.27M |
| Shares Out | 174.59M |
| EPS (ttm) | 1.17 |
| PE Ratio | 40.57 |
| Forward PE | 30.49 |
| Dividend | $2.08 |
| Dividend Yield | 4.39% |
| Trading Day | May 10 |
| Last Price | $47.26 |
| Previous Close | $48.54 |
| Change ($) | -1.28 |
| Change (%) | -2.64% |
| Day's Open | 49.00 |
| Day's Range | 47.24 - 48.97 |
| Day's Volume | 974,414 |
| 52-Week Range | 24.49 - 48.97 |
National Retail Properties (NNN) delivered FFO and revenue surprises of 18.75% and 8.15%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
ORLANDO, Fla., May 4, 2021 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter ended March 31, 2021.
ORLANDO, Fla., April 28, 2021 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that it will webcast its Annual Meeting of stockholders on Wed...
ORLANDO, Fla., April 15, 2021 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share ...
The S&P 500 yields 1.4% currently, making it difficult for investors living off dividends to see much in the way of income from the market as a whole.
The rating changes in the net lease segment reflects a shift in focus from portfolio quality to growth, which is likely to be key to net lease performance in 2021, according to BofA Securities. The REIT...
IHG, NNN, PRMW, RGNX, and WW have been added to the Zacks Rank #5 (Strong Sell) List on March 24, 2021
ORLANDO, Fla., March 1, 2021 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it has priced its public offering of $450,000,000 of 3.500% senior unsecure...
The retail sector has been struggling, and the coronavirus made it worse. But don't count retail landlords out just yet.
Final Trades: Marvell, Merck, Qualcomm & more
The "Halftime Report" traders give their top picks to watch for the second half.
National Retail Properties, Inc. reported on Friday (Feb. 12) as part of its financial results that it had collected roughly 95.7 percent of the rent originally due for the quarter that ended Dec. 31, 2...
National Retail Properties (NNN) delivered FFO and revenue surprises of 6.15% and -0.88%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
We're living in a near-record low interest rate environment and elevated equity prices have driven down yields. National Retail Properties has increased its annual dividend for 31 consecutive years.
ORLANDO, Fla., Jan. 15, 2021 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share p...
ORLANDO, Fla., Jan. 11, 2021 /PRNewswire/ -- National Retail Properties, Inc. (NYSE:NNN), a real estate investment trust, announced today that 80.1814% of the dividends paid to common shareholders and 1...
The pandemic will soon be under control, and we expect the narrative to shift in the REIT market. The COVID-19 fears will fade away, and yield-starved investors will rush back to the REIT market to earn...
ORLANDO, Fla., Dec. 14, 2020 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that Paul Bayer, Executive Vice President and Chief Investment Officer, will ret...
We see a lot of opportunity among triple-net REITs. This Dividend Aristocrat is trading at a steep discount and a 5.4% yield.
The current fears have created some Black Friday deals in the REIT world. Whether that's because certain REITs are directly tied to retail or not, there are still discounts to be had.
Rent collection improved sequentially in the most recent quarter
Investors looking to bolster their income portfolios have long looked to dividend-friendly real estate investment trusts (REITs) to get the job done. But recently, the appeal of high-yield REITs has int...
We've known that eventually, this too shall pass. Since March, we've maintained a consistent opinion regarding the transient nature of this biological crisis.
ORLANDO, Fla., Nov. 16, 2020 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a cash dividend on its 5.20% Series F Cumula...
28 dividend payments brought income up delightfully by 10.2% from 2019 and up 11.7% from July 2020. Scary is the total portfolio value is down year to date by 10.2% including dividends and option cash w...
Final Trades: GM, Tesla, Alibaba & more
The "Halftime Report" traders give their top picks to watch for the second half.
Yet investors found other aspects of the specialty REIT's performance encouraging.
National Retail Properties, Inc. (NNN) CEO Jay Whitehurst on Q3 2020 Results - Earnings Call Transcript
National Retail Properties (NNN) delivered FFO and revenue surprises of -6.06% and -5.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
ORLANDO, Fla., Nov. 2, 2020 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter and nine months ended Sept...
It's “the blue chips that set the standards by which all others should be measured." The term should signify excellence, including a conservatively intelligent dividend policy.
AMC is a dreadful exposure for any REIT, but the more exposure a REIT has to AMC, the harder it will be. We expect AMC to go bankrupt and bearish on the name. When you expect a stock to go to $0, you sh...
National Retail Properties is one of only a handful of REITs that possesses the coveted status of Dividend Champion.
Triple Net Lease Face-Off: National Retail Properties Vs. Realty Income
The REIT sector as a whole has lagged the broader markets throughout the COVID-19 recovery. But we are seeing many of the blue-chip examples make nice comebacks.
Depending on who wins the election in November, we could see significant changes to how companies are taxed and regulated.
Admittedly, NNN wasn't built for a global pandemic. But it *is* well-suited to thrive coming out of the pandemic in an ultra-low interest rate environment.
A Portfolio Full Of REIT Dividends And It's Time To Double Down
National Retail Properties Has A Huge Yield And 45% Total Return Upside
Four DivGro stocks announced dividend increases in August.
Although National Retail is one of the bellwethers in the net-lease space, this issue has kept me on the sidelines -- and always will.
Why We Own National Retail Properties
About NNN
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.
| Industry REIT-Retail | |
| CEO Julian Whitehurst | Employees 69 |
| Stock Exchange NYSE | Ticker Symbol NNN |
Financial Performance
In 2020, NNN's revenue was $660.68 million, a decrease of -1.46% compared to the previous year's $670.49 million. Earnings were $228.80 million, a decrease of -23.52%.
Analyst Forecasts
According to 12 analysts, the average rating for NNN stock is "Buy." The 12-month stock price forecast is 49.68, which is an increase of 5.12% from the latest price.