NNN REIT/NNN

$40.01

0.6%
-
1D1W1MYTD1YMAX

About NNN REIT

NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Company’s assets are primarily real estate assets. It acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment (properties or property portfolio, or individually a property). It owns approximately 3,532 Properties with an aggregate gross leasable area of approximately 35,966,000 square feet, located in 49 states. The Company invests primarily in retail real estate that is located within each local market for its tenant's retail lines of trade. The Company’s portfolio includes convenience stores; automotive service; restaurants-full service; restaurants-limited service; family entertainment centers; health and fitness; theaters; recreational vehicle dealers, parts, and accessories; equipment rental; automotive parts; wholesale clubs; home improvement; drug stores; travel plazas; and furniture, among others.

Ticker

NNN

Sector

Real Estate

Trading on

NYSE

Industry

Real Estate Operations

CEO

Stephen Horn

Employees

82

Headquarters

Orlando, United States

NNN REIT Metrics

BasicAdvanced
$7.25B
Market cap
18.41
P/E ratio
$2.15
EPS
0.99
Beta
$2.23
Dividend rate
5.7%
Dividend yield
$7.25B
0.99337
$44.96
$34.38
1.41M
$2.23
104.885
104.885
103.25%
3.18%
4.67%
9.46%
4.68%
18.413
8.759
1.741
1.762
4.58%
5.62%
5.7%
7.12%
14.67%
7.82%
20.89%
2.51%

What the Analysts think about NNN REIT

Analyst Ratings

Majority rating from 14 analysts.
Hold

Price Targets

Average projection from 13 analysts.
10.45% upside
High $47.00
Low $41.00
$40.01
Current price
$44.19
Average price target

NNN REIT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
44.68% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$216.2M
5.41%
Net income
$96.6M
-9.47%
Profit margin
44.68%
-14.11%

NNN REIT Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 10.03%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.50
$0.54
$0.59
$0.53
-
Expected
$0.47
$0.48
$0.47
$0.48
$0.49
Surprise
6.01%
12.03%
26.88%
10.03%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for NNN REIT stock?

NNN REIT (NNN) has a market cap of $7.25B as of April 20, 2024.

What is the P/E ratio for NNN REIT stock?

The price to earnings (P/E) ratio for NNN REIT (NNN) stock is 18.41 as of April 20, 2024.

Does NNN REIT stock pay dividends?

Yes, the NNN REIT (NNN) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $2.23 and the yield is 5.7%. NNN REIT has a payout ratio of 103.25% on a trailing twelve-month basis.

When is the next NNN REIT dividend payment date?

The next NNN REIT (NNN) dividend payment is scheduled for May 15, 2024.

What is the beta indicator for NNN REIT?

NNN REIT (NNN) has a beta rating of 0.99. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the NNN REIT stock price target?

The target price for NNN REIT (NNN) stock is $44.19, which is 10.47% above the current price of $40. This is an average based on projections from 13 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell NNN REIT stock

Buy or sell NNN REIT stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing