National Retail Properties with ticker code (NNN) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 54 and 46 calculating the mean target price we have $49.85. Now with the previous closing price of $41.97 this now indicates there is a potential upside of 18.8%. The 50 day MA is $45.52 while the 200 day moving average is $44.55. The company has a market capitalization of $7,629m. Visit the company website at: https://www.nnnreit.com
The potential market cap would be $9,062m 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 5.35% with the ex dividend date set at 30-1-2023 (DMY).
Other points of data to note are a P/E ratio of 21.71, revenue per share of 4.38 and a 3.78% return on assets.
