NNN REIT, Inc. (NNN)

NYSE: NNN · Real-Time Price · USD
41.50
-0.19 (-0.46%)
At close: May 12, 2025, 4:00 PM
41.50
0.00 (0.00%)
After-hours: May 12, 2025, 4:39 PM EDT
-0.46%
Market Cap 7.80B
Revenue (ttm) 884.71M
Net Income (ttm) 398.22M
Shares Out 187.95M
EPS (ttm) 2.14
PE Ratio 19.40
Forward PE 20.37
Dividend $2.32 (5.59%)
Ex-Dividend Date Apr 30, 2025
Volume 1,011,862
Open 41.67
Previous Close 41.69
Day's Range 41.14 - 41.91
52-Week Range 35.80 - 49.57
Beta 0.92
Analysts Hold
Price Target 44.70 (+7.71%)
Earnings Date May 1, 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 11 analysts, the average rating for NNN stock is "Hold." The 12-month stock price forecast is $44.7, which is an increase of 7.71% from the latest price.

Price Target
$44.7
(7.71% upside)
Analyst Consensus: Hold
Stock Forecasts

News

A Ranking Of Net-Lease REITs By Investment Spread For Q1 2025

In Q1 2025, VICI, GLPI, Agree, and Realty Income generated positive investment spreads and total returns exceeding their cost of equity, making them attractive investments. EPRT and STAG have negative...

4 days ago - Seeking Alpha

NNN REIT, Inc. (NNN) Q1 2025 Earnings Call Transcript

NNN REIT, Inc. (NYSE:NNN) Q1 2025 Results Conference Call May 1, 2025 10:30 AM ET Company Participants Steve Horn - CEO Kevin Habicht - CFO Conference Call Participants Spenser Glimcher - Green Stree...

11 days ago - Seeking Alpha

NNN REIT, Inc. Announces First Quarter 2025 Results and Maintains 2025 Guidance

ORLANDO, Fla. , May 1, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) (the "Company" or "NNN"), a real estate investment trust, today announced financial and operating results for the quarter ended M...

11 days ago - PRNewsWire

Forget Gold, Buy Dividends - 3 Great Places To Buy Income

Gold is experiencing a strong rally, with rising demand due to economic uncertainty and market volatility. However, despite its appeal as a safe haven, I prefer dividend stocks over gold. Gold has a l...

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15 days ago - Seeking Alpha

NNN: An Attractive Dividend Aristocrat

NNN REIT, with 35 years of uninterrupted dividend growth, has a strong financial position and high occupancy rate despite recent share price declines due to rate hikes. The company focuses on retail p...

19 days ago - Seeking Alpha

NNN REIT: Top-Tier Pick In The REIT Space

NNN stands out for long-term investors due to its disciplined investment approach and strong balance sheet management, thriving even in uncertain markets. The recent market volatility from Trump's tar...

21 days ago - Seeking Alpha

Buying Income For Life - 3 Of My Favorite Retirement Stocks

You don't need to be a millionaire to retire comfortably; most retirees are doing well with significantly less than $1.5 million in savings. The Federal Reserve's survey shows that 86% of retirees age...

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21 days ago - Seeking Alpha

The Perfect Storm Is Forming For REIT Outperformance

REITs have been in the doghouse for years. However, that could all be changing soon—don't miss the window. I also discuss one near-zero net debt REIT offers inflation protection, recession resistance,...

24 days ago - Seeking Alpha

If I Retired Today, These 3 Dividend Stocks Would Be My Paycheck

The 60/40 portfolio used to be a rock-solid strategy. But persistent inflation and bond market volatility have turned the "safe" 40% into a real risk. I'm not a fan of bonds—and with good reason. I'd ...

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25 days ago - Seeking Alpha

A Golden Opportunity For Dividend Investors

These three overlooked dividend giants just went on sale — and could supercharge your early retirement. The recent crash opened a rare window to lock in attractive yields with inflation-beating growth...

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4 weeks ago - Seeking Alpha

NNN REIT, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call Details

ORLANDO, Fla. , April 3, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust, today announced that it will release its results for the first quarte...

5 weeks ago - PRNewsWire

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

5 weeks ago - Seeking Alpha

Retirement Income: I'm Seeking Treasure In These 7-9% Yields

Income investing can be like treasure hunting in many ways. I detail 2 great income picks that offer high yields that are well-covered by cashflow. Both carry investment grade credit ratings and offer...

6 weeks ago - Seeking Alpha

Stop Plunging Toilets For Your Tenants - Get Paid Up To 7.5% Yields Instead

Investment properties can be lucrative, but they serve a purpose quite different from steady passive income in retirement. Investing in REITs offers passive income from real estate without the hassles...

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6 weeks ago - Seeking Alpha

NNN REIT: Income Stability In An Unstable Market

Despite tenant headwinds, NNN REIT shows solid AFFO growth and remains attractive for income-oriented investors with a strong dividend yield and conservative payout ratio. NNN REIT's financial perform...

6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

Mistakes Young REITs Make

Newly public REITs often carry too much debt, influenced by private equity origins, leading to financial instability and the need for deleveraging. High dividend payouts can hinder growth; successful ...

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7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

Great News For REIT Investors

REITs positioned for strong gains as interest rate cuts and lower Treasury yields drive investor demand. Decade-low REIT valuations and reduced new real estate development create opportunities for hig...

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2 months ago - Seeking Alpha

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 ...

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2 months ago - Seeking Alpha

2 REITs Most Investors Should Own

Some REITs are truly exceptional. So much so that they could make sense for most investors. I present two such exceptional REITs.

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2 months ago - Seeking Alpha

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.

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2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

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2 months ago - Seeking Alpha

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...

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2 months ago - Seeking Alpha