NNN REIT, Inc. with ticker code (NNN) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $50.00 and $41.00 suggesting an average analyst share price target price of $44.27. (at the time of writing). Given that the stocks previous close was at $42.09 this now indicates there is a potential upside of 5.2%. Also worth taking note is the 50 day moving average now sits at $41.36 and the 200 moving average now moves to $40.29. The company has a market capitalization of 7.78B. The stock price is currently at: $42.66 USD
The potential market cap would be $8,187,566,635 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 19.75, 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.
