NNN REIT, Inc. with ticker code (NNN) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $47.00 and $41.00 and has a mean target at $44.19. Given that the stocks previous close was at $39.67 this indicates there is a potential upside of 11.4%. Also worth taking note is the 50 day moving average now sits at $41.26 and the 200 day moving average is $40.18. The market cap for the company is 7.27B. The stock price for the company is currently $39.77 USD
The potential market cap would be $8,100,510,120 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.41, revenue per share of $4.57 and a 3.85% return on assets.
NNN REIT, Inc., formerly National Retail Properties, Inc., is a real estate investment trust (REIT). The Company owns a diversified portfolio of freestanding retail stores across the United States. The Company 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). It owns approximately 3,449 properties across 48 states leased to more than 380 tenants in 37 different lines of trade. It 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; and furniture, among others.
