National Retail Properties which can be found using ticker (NNN) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 54 and 46 and has a mean target at $49.85. Given that the stocks previous close was at $42.87 this would imply there is now a potential upside of 16.3%. The day 50 moving average is $45.24 and the 200 day MA is $44.56. The market cap for the company is $8,013m. You can visit the company’s website by visiting: https://www.nnnreit.com
The potential market cap would be $9,318m based on the market consensus.
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.
The company has a dividend yield of 5.13% with the ex dividend date set at 30-1-2023 (DMY).
Other points of data to note are a P/E ratio of 23.28, revenue per share of 4.38 and a 3.78% return on assets.
