National Retail Properties which can be found using ticker (NNN) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 54 and 46 calculating the average target price we see $49.38. Given that the stocks previous close was at $43.28 this is indicating there is a potential upside of 14.1%. Also worth taking note is the 50 day moving average now sits at $44.16 and the 200 moving average now moves to $44.61. The market capitalization for the company is $7,852m. You can visit the company’s website by visiting: https://www.nnnreit.com
The potential market cap would be $8,958m based on the market consensus.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2022, the company owned 3,411 properties in 48 states with a gross leasable area of approximately 35.0 million square feet and with a weighted average remaining lease term of 10.4 years.
The company has a dividend yield of 5.08% with the ex dividend date set at 27-4-2023 (DMY).
Other points of data to note are a P/E ratio of 22.81, revenue per share of 4.38 and a 3.78% return on assets.
