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 6,790 funds
0
Analysts bullish %
of 5 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
97% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 38
13% more capital invested
Capital invested by funds: $7.15B [Q2] → $8.07B (+$922M) [Q3]
8% more funds holding
Funds holding: 451 [Q2] → 488 (+37) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.82% less ownership
Funds ownership: 91.52% [Q2] → 90.69% (-0.82%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 171
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
0%
upside
Avg. target
$46
8%
upside
High target
$50
17%
upside
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
UBS Michael Goldsmith 0 / 0 met price target | 0%upside $43 | Neutral Maintained | 14 Nov 2024 |
Baird | 5%upside $45 | Neutral Maintained | 4 Nov 2024 |
RBC Capital Brad Heffern 100% 1-year accuracy 5 / 5 met price target | 5%upside $45 | Sector Perform Maintained | 1 Nov 2024 |
UBS Michael Goldsmith 0 / 0 met price target | 14%upside $49 | Neutral Maintained | 16 Oct 2024 |
Wells Fargo John Kilichowski 0% 1-year accuracy 0 / 1 met price target | 17%upside $50 | Equal-Weight Assumed | 1 Oct 2024 |
Financial journalist opinion
Based on 12 articles about NNN published over the past 30 days
Positive
Seeking Alpha
4 days 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
1 week 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
1 week 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
2 weeks 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
2 weeks 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
2 weeks 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
2 weeks 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.
Negative
Seeking Alpha
3 weeks ago
Very Bad News For Blue-Chip Big Dividend REITs
Blue-chip REITs rallied hard between early July and late October. However, they have recently pulled back. We discuss why, and we also share our top REIT pick of the moment.
Positive
Seeking Alpha
3 weeks ago
Buy The Dip: Big Dividend Growth Stocks Getting Way Too Cheap
High-yield dividend growth stocks have been on a strong run over the past four months. However, there are several that have not participated in the rally and have even dipped sharply in some cases. We share three examples of high-yielding dividend growers that have strong outlooks but are deeply discounted due to short-term issues.
Positive
Seeking Alpha
4 weeks ago
My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%
I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend income due to having an elevated Dividend Yield. I believe that the selected companies can deliver investors sustainable dividend income, evidenced by their relatively low Payout Ratios and strong track record of dividend enhancements.
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