NNN REIT Inc (NNN)
NYSE: NNN · IEX Real-Time Price · USD
42.32
+0.13 (0.31%)
At close: Jul 2, 2024, 4:00 PM
42.67
+0.35 (0.83%)
After-hours: Jul 2, 2024, 7:12 PM EDT
NNN REIT Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NNN REIT stock have an average target of 43.5, with a low estimate of 41 and a high estimate of 49. The average target predicts an increase of 2.79% from the current stock price of 42.32.
Analyst Consensus: Hold
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for NNN REIT stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $41 | Hold | Initiates | $41 | -3.12% | May 31, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $43 → $42 | Hold | Maintains | $43 → $42 | -0.76% | May 30, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $45 → $42 | Hold | Maintains | $45 → $42 | -0.76% | Nov 2, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $54 → $49 | Buy | Maintains | $54 → $49 | +15.78% | Aug 8, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $46 → $45 | Hold | Maintains | $46 → $45 | +6.33% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
861.21M
from 828.11M
Increased by 4.00%
Revenue Next Year
893.95M
from 861.21M
Increased by 3.80%
EPS This Year
2.02
from 2.16
Decreased by -6.36%
EPS Next Year
2.10
from 2.02
Increased by 3.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 911.4M | 963.9M | 961.4M | 1.0B |
| Avg | 861.2M | 894.0M | 894.7M | 994.9M |
| Low | 819.1M | 830.8M | 836.7M | 965.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.1% | 11.9% | 7.5% | 15.6% |
| Avg | 4.0% | 3.8% | 0.1% | 11.2% |
| Low | -1.1% | -3.5% | -6.4% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.12 | 2.23 | 2.34 |
| Avg | 2.02 | 2.10 | 2.24 |
| Low | 1.95 | 1.97 | 2.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.8% | 10.1% | 11.7% |
| Avg | -6.4% | 3.6% | 7.0% |
| Low | -9.7% | -2.6% | 3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.