NNN REIT
NNN

$47.79

0.7%

Market Cap: $8.78B

About: NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.

Employees: 77

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

275% more call options, than puts

Call options by funds: $12.8M | Put options by funds: $3.41M

28% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 39

3% more funds holding

Funds holding: 439 [Q1] → 450 (+11) [Q2]

0% more capital invested

Capital invested by funds: $7.03B [Q1] → $7.05B (+$18.1M) [Q2]

15% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 176

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

24.15% less ownership

Funds ownership: 114.39% [Q1] → 90.24% (-24.15%) [Q2]

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$46

4%

downside

Avg. target

$47

1%

downside

High target

$49

3%

upside

4 analyst ratings

1 positive

25%

3 neutral

75%

0 negative

0%

Raymond James RJ Milligan 86% 1-year accuracy 19 / 22 met price target	0%upside $48	Outperform Maintained	21 Aug 2024
B. Riley Securities Craig Kucera 100% 1-year accuracy 3 / 3 met price target	3%upside $49	Neutral Maintained	7 Aug 2024
RBC Capital Brad Heffern 98% 1-year accuracy 39 / 40 met price target	4%downside $46	Sector Perform Maintained	2 Aug 2024
UBS Michael Goldsmith 80% 1-year accuracy 8 / 10 met price target	4%downside $46	Neutral Maintained	18 Jul 2024

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Financial journalist opinion

Based on 16 articles about NNN published over the past 30 days

Buffett-Style Investing: Finding Value In REITs

Warren Buffett invests in companies that enjoy strong moats. A moat is a major competitive advantage. This can be applied to REITs. Here is how.

Buffett-Style Investing: Finding Value In REITs

The Fed's Bold Move: Why NOW Is The Time To Load Up On Dividend Stocks

The Fed surprised markets with a 50 basis point rate cut, signaling a focus on economic growth over inflation. Projections show rates falling to 3% in the coming years. Despite sticky inflation, the Fed's shift supports my long-term thesis: economic stability will be prioritized. This makes high-quality dividend stocks attractive investments. Dividend stocks with pricing power, like energy and royalty companies, offer inflation protection. Now is an ideal time to invest in these long-term income plays.

The Fed's Bold Move: Why NOW Is The Time To Load Up On Dividend Stocks

Two Dividend-Yielding REITs With Solid Upside Potential

REITs are attractive for income investors due to their high dividend payouts, and office REITs, in particular, offer solid long-term upside as office activity could see an increase in 2025/2026. Kilroy Realty Corp. has underperformed its peers but offers a 5.7% dividend yield, a well-covered payout ratio, and a strong balance sheet with investment-grade credit. American Assets Trust has shown better recent performance with a 15.14% share price increase, solid balance sheet, and growth potential in affluent areas like San Diego and Honolulu.

Two Dividend-Yielding REITs With Solid Upside Potential

10 Sweet REITs: Yield Up To 6.6%

Equity REITs, distinct from mortgage REITs, generate income from rental leases and capital appreciation, offering high yields and tax advantages by distributing 90% of taxable income. My portfolio, Rose's Income Garden (RIG), includes six of the ten highlighted REITs, chosen for their credit ratings, yields, and growth potential. Interest rates significantly impact REIT prices; current high valuations may not last, but lower rates could enhance future pricing and investment opportunities.

10 Sweet REITs: Yield Up To 6.6%

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and at least 20% undervalued, narrowing down to 11 based on dividend safety, balance sheet quality, and growth projections. Avoid high-yield "sucker" stocks and companies with declining revenues or weak balance sheets to minimize risk and ensure stable returns.

Buried Treasures: 11 Dramatically Undervalued REITs

If I Were Retiring, These Are The 3 Dividend Stocks I'd Buy For Their 7% Average Yields

Job dissatisfaction is high across income levels, prompting many to seek early retirement and enjoy life before traditional retirement age. Some are making financial sacrifices to take "micro-retirements" early, trading potential long-term savings for valuable life experiences now. I'm exploring high-yield investments that offer stability and income for retirement, aiming to avoid risky yields while securing future cash flow.

If I Were Retiring, These Are The 3 Dividend Stocks I'd Buy For Their 7% Average Yields

The Motley Fool

3 No-Brainer High-Yield Stocks to Buy With $200 Right Now

Net lease real estate investment trusts require tenants to pay most property-level operating expenses. Although any one location is high-risk for a net lease REIT, those with large portfolios tend to be fairly low-risk.

3 No-Brainer High-Yield Stocks to Buy With $200 Right Now

The Motley Fool

This Nearly 5%-Yielding Passive Income Stock Just Raised Its Dividend for the 35th Year in a Row

The net lease REIT owns a stable portfolio of retail properties. It steadily expands its portfolio, primarily by acquiring properties through existing relationships with tenants.

This Nearly 5%-Yielding Passive Income Stock Just Raised Its Dividend for the 35th Year in a Row

10 SWANs For The Next Black Swan

I focus on bottom-up analysis, identifying companies with strong operational performance and balance sheets that can weather Black Swan events, regardless of stock market fluctuations. Realty Income, Agree Realty, NNN REIT, Regency Centers, Kimco Realty, Mid-America Apartment, Camden Property Trust, Prologis, Rexford Industrial Realty, and VICI Properties are evaluated for their resilience. Realty Income, NNN REIT, Kimco Realty, Mid-America Apartment, Camden Property Trust, and Rexford Industrial Realty are rated as Buys due to their strong fundamentals and consistent performance.

10 SWANs For The Next Black Swan

NNN Is Breaking Out In Anticipation Of The Rate Cut Cycle

NNN REIT is a real estate investment trust with a diversified portfolio and high occupancy rates across 49 states. NNN is a dividend aristocrat with a history of annual dividend increases, and is likely to benefit from the upcoming interest rate reduction cycle. Lower interest rates are expected to increase the value of commercial properties, support NNN's dividend growth, and ease pressure on tenants' expenses. Shares should appreciate as this plays out.

NNN Is Breaking Out In Anticipation Of The Rate Cut Cycle

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