NNN REIT
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
897% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $1.93M
103% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 37
13% more capital invested
Capital invested by funds: $7.15B [Q2] → $8.09B (+$933M) [Q3]
8% more funds holding
Funds holding: 452 [Q2] → 490 (+38) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.7% less ownership
Funds ownership: 91.52% [Q2] → 90.82% (-0.7%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 172
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
7%
upside
Avg. target
$46
14%
upside
High target
$50
24%
upside
6 analyst ratings
1 positive
17%
5 neutral
83%
0 negative
0%
Barclays Richard Hightower 25% 1-year accuracy 2 / 8 met price target | 19%upside $48 | Overweight Initiated | 17 Dec 2024 |
Deutsche Bank Omotayo Okusanya 62% 1-year accuracy 13 / 21 met price target | 14%upside $46 | Hold Initiated | 11 Dec 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 7%upside $43 | Neutral Maintained | 14 Nov 2024 |
Baird | 12%upside $45 | Neutral Maintained | 4 Nov 2024 |
RBC Capital Brad Heffern 47% 1-year accuracy 18 / 38 met price target | 12%upside $45 | Sector Perform Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 6 articles about NNN published over the past 30 days
Positive
The Motley Fool
1 week ago
Better Dividend Stock: NNN REIT vs. Realty Income
Realty Income (O 0.36%) and NNN REIT (NNN 0.43%) are elite dividend stocks. The real estate investment trusts (REITs) have each increased their dividends for at least the last 30 years.
Positive
Seeking Alpha
1 week ago
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices.
Positive
Seeking Alpha
2 weeks ago
9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital allocation and strategic missteps, leading to underperformance compared to tech stocks. Many other REITs, however, have been beaten down due to short-term supply headwinds and their treatment as bond proxies.
Positive
Seeking Alpha
2 weeks ago
NNN REIT: Valuation Becomes More Tempting
NNN REIT faces pressure from rising Treasury yields and tenant issues but remains optimistic about resolving challenges with tenants like Frisch's and Conn's. Despite relatively lower-quality tenants, NNN maintains strong occupancy rates and has a 35-year streak of dividend increases, with a current yield of 5.5%. NNN's valuation is attractive, trading below its historical P/AFFO range, making it appealing despite higher risk-free rates and tenant issues.
Positive
Seeking Alpha
3 weeks ago
My Favorite Dividend Stocks For The 'New World Order'
I explore the evolving “New World Order,” focusing on geopolitical changes and the U.S.'s strategic responses. This impacts global markets profoundly. Trump's pick for Treasury Secretary, Scott Bessent, aims to tackle U.S. debt and economic growth with his “3/3/3” plan—cut deficits, boost GDP, and increase oil output. Amid these shifts, I spotlight dividend stocks poised to thrive, emphasizing their resilience, strong yields, and growth potential in a changing economy.
Neutral
Seeking Alpha
4 weeks ago
Why I Stopped Buying Rental Properties To Buy REITs Instead
I used to invest mostly in rental properties. But these days, I favor REITs for most of my investments. I explain why.
Positive
Seeking Alpha
1 month ago
NNN REIT: Portfolio Starting To Show Cracks?
I recommend NNN REIT, Inc. as a buy for long-term investors due to its attractive valuation, strong fundamentals, and double-digit upside potential. Despite current tenant issues, NNN's conservative payout ratio and robust balance sheet ensure dividend safety and provide flexibility to navigate future challenges. NNN's recent earnings beat expectations, with strong occupancy rates and strategic acquisitions, highlighting its potential for stable income and growth.
Positive
Seeking Alpha
1 month ago
My 2 Top Dividend Growth Gems
Cash in on the American Dream of property ownership with REITs. REITs provide reliable dividends and inflation protection from a diversified property base. We discuss two gems with over three decades of steady dividend growth for shareholders.
Positive
Seeking Alpha
1 month ago
Up To 8% Yield: Three Of My Favorite High-Yield Picks
In a market filled with uncertainty and high valuations, finding reliable dividend stocks is key to securing steady income and long-term growth. Despite the elevated valuations, there are still high-yield dividend opportunities that can provide stability, even in turbulent times. These three picks offer not just strong yields but also the safety and consistency I'm confident will stand up to any market challenges.
Positive
Seeking Alpha
1 month ago
November's 5 Dividend Growth Stocks With 4.91%+ Yields
Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with relatively higher yields, we also include safety in terms of earnings stability or growth potential in the screening process. We look at five of those that screen the highest based on yield, and this month, we have two new names that haven't made the discussion portion before.
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