NNN Reit Company Overview and Investment Analysis

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NNN Reit is a unique investment opportunity that has gained significant attention in recent years. It's a real estate investment trust that focuses on net-leased properties, which are properties rented to creditworthy tenants.

NNN Reit was founded in 2011 by Todd Thomas, and it's listed on the New York Stock Exchange under the ticker symbol NNN. The company has a diverse portfolio of properties across various industries, including retail, office, and industrial.

NNN Reit has a strong track record of delivering consistent dividend payments to its shareholders, with a current yield of around 4.5%. This is a significant advantage for investors looking for a relatively stable source of income.

For more insights, see: Nnn Reit Dividend

About

NNN REIT is a real estate investment trust that invests in properties subject to long-term net leases.

The company focuses on acquiring, owning, investing in, and developing properties that are leased to retail tenants under long-term net leases and held for investment.

NNN REIT was founded on August 8, 1984, and is headquartered in Orlando, FL.

You might like: Nnn Investor Relations

Financial Performance

Credit: youtube.com, NNN REIT, Inc. (NNN) Q4 2024 Earnings Call & Full Presentation

NNN REIT's revenue was a notable $828.11 million in 2023, marking a 7.12% increase from the previous year's $773.05 million. This growth is a positive sign for the company's financial health.

Their earnings also saw a significant boost, rising to $391.73 million in 2023, a 17.25% increase from the previous year. This increase in earnings is a testament to the company's ability to manage its finances effectively.

NNN REIT's financial performance is a key indicator of its overall health. By examining the company's revenue and earnings, we can get a better understanding of its financial standing.

Expand your knowledge: Ally Financial Earnings

Financial Performance

NNN REIT's revenue has been steadily increasing, reaching $828.11 million in 2023, a 7.12% jump from the previous year's $773.05 million.

This growth in revenue is a positive sign for the company, indicating a strong financial foundation.

Earnings also saw a significant boost, rising to $391.73 million in 2023, a 17.25% increase from the previous year.

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NNN REIT's financial performance is a key indicator of its overall health and potential for future growth.

Here's a breakdown of NNN REIT's financial performance over the past year:

These numbers demonstrate NNN REIT's ability to consistently generate revenue and earnings, making it an attractive investment opportunity.

Valuation

Valuation is a crucial aspect of NNN REIT's financial performance, and it's essential to understand the numbers behind the company's value. The market capitalization of NNN REIT has fluctuated between $6.28B and $12.73B over the years.

One way to gauge a company's value is by looking at its price-to-earnings (P/E) ratio. In 2025, NNN REIT's P/E ratio is expected to be around 21x, while in 2026 it's expected to be around 20x.

The enterprise value of NNN REIT has also varied, ranging from $9.86B to $19.98B. This number is important because it takes into account the company's debt and cash on hand.

NNN REIT's free-float is a significant 99.21%, indicating that a substantial portion of the company's shares are publicly traded.

Here's a summary of NNN REIT's valuation metrics:

These numbers provide a snapshot of NNN REIT's valuation, and it's essential to consider them when evaluating the company's financial performance.

Investment Analysis

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NNN REIT is a consistent and durable investment option. Its track record speaks for itself.

One key benefit of NNN REIT is its high dividend yield. This makes it an attractive choice for investors looking for regular income.

NNN REIT's consistency is a major selling point, making it a reliable choice for long-term investors.

A fresh viewpoint: Nnn Reit Stock

Managers and Directors

Managers and Directors play a crucial role in the success of any company. Stephen Horn, the CEO of NNN REIT, Inc., has been at the helm since April 28, 2022.

Stephen Horn is 53 years old and has been CEO since 2022. Kevin Habicht, on the other hand, has been with the company since 1993 and is currently the Director of Finance/CFO.

Kevin Habicht is 66 years old and has been with the company for over 29 years. Michelle Miller, the CTO, joined the company in 2023 and is 56 years old.

Here's a breakdown of the key managers and directors:

Analyst Forecast

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The forecast suggests that investors should expect a moderate level of growth from NNN stock. The 12-month stock price forecast is $45.89, which is an increase of 16.50% from the latest price.

This means that if you invest in NNN stock now, you could potentially see a 16.50% return in the next 12 months.

A fresh viewpoint: Prologis Stock Forecast

Common Declared

NNN REIT, Inc. has a history of declaring a common dividend. In fact, the Board of Directors announced a quarterly dividend of 58 cents per share payable February 28, 2025, as reported in a press release on January 14, 2025.

This dividend is part of the company's commitment to providing a steady income stream for shareholders. The dividend yield is also an attractive feature of NNN REIT's investment profile.

Here are some key statistics about NNN REIT's dividend yield:

These statistics demonstrate the company's ability to maintain a strong dividend yield over time.

News and Updates

NNN REIT has had its fair share of updates and changes in the recent past. B. Riley Adjusted NNN REIT Price Target to $43 From $46.50, Maintaining a Neutral Rating on February 18.

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Analysts have been revising their price targets for NNN REIT. RBC Trims Price Target on NNN REIT to $43 From $45, Keeps Sector Perform Rating on February 12.

NNN REIT's Q4 2024 Earnings Call was held on February 11, 2025. The event saw the company report its Q4 and full-year results.

NNN REIT Q4 Adjusted FFO Unchanged Year Over Year, Revenue Increases; 2025 Non-GAAP FFO Outlook Issued on February 11. The company expects its full-year 2025 adjusted FFO to be in the range of $3.39 to $3.44 per share.

NNN REIT Expects Full Year 2025 Adjusted FFO Range $3.39 - $3.44 a Share, vs. FactSet Est of $3.40 on February 11. This is a key metric for investors to keep an eye on.

NNN REIT Posts Q4 Revenue $218.5M, vs. FactSet Est of $216.4M on February 11. This is a slight beat on the estimated revenue.

NNN REIT Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024 on February 11. The company provided earnings guidance for the fiscal year 2025.

NNN REIT Provides Earnings Guidance for the Fiscal Year 2025 on February 11. This guidance is crucial for investors to make informed decisions.

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Analysts have been weighing in on NNN REIT's performance. Evercore ISI Initiates NNN REIT at In Line With $42 Price Target on January 31.

Here are some key updates on NNN REIT's earnings guidance:

NNN REIT's earnings guidance is a crucial aspect of its performance. The company's Q4 revenue also saw a slight beat on the estimated revenue.

National Retail Properties Q3 2021 Earnings Call

The Q3 2021 earnings call for National Retail Properties, inc (NNN) was for the period ending September 30, 2021.

NNN reported earnings for the period.

Their earnings call was a key moment for investors, providing insight into the company's performance.

In the call, NNN discussed their financial results and provided guidance for the future.

NNN's Q3 2021 earnings call was a significant event for the company and its investors.

The call was for the period ending September 30, 2021, as stated in the transcript.

For another approach, see: Synchrony Financial Earnings

Stock Performance

NNN REIT has had some ups and downs in its stock performance over the past year. The stock has seen a 1.73% increase in just one week, but a -4.29% decrease over the past three months.

Credit: youtube.com, NNN REIT Stock Analysis (5.54% Dividend Yield, 34 Years of Dividend Increases!)

Looking at the performance over different time periods, we can see that NNN REIT has had a +6.87% increase in the current month, but a -10.34% decrease over the past six months. This shows that the stock's performance can be quite volatile.

Here are some key performance metrics for NNN REIT over different time periods:

The stock's performance is also compared to the S&P, with NNN REIT having a +4.60% return over the past year, compared to the S&P's +22.93% return. This shows that NNN REIT has underperformed the S&P over the past year.

Angel Bruen

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Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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