NNN REIT

NNN

Market cap $8.04B

Overview Fund Activity

42.57 USD

+0.02

0.05%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

42.55

-0.02

0.05%

1 day

0.05%

5 days

-0.54%

1 month

4.65%

3 months

0.4%

6 months

0.47%

Year to date

6.13%

1 year

-12.32%

5 years

11.44%

10 years

17.37%

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. The maximum of the company's properties are located in the South and Southeast of the United States.

Employees: 83

Real Estate Retail REIT

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

100% more call options, than puts

Call options by funds: $8.77M | Put options by funds: $4.39M

26% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 155

10% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 50

1% more capital invested

Capital invested by funds: $7.17B [Q1] → $7.25B (+$80.9M) [Q2]

0.1% less ownership

Funds ownership: 89.4% [Q1] → 89.29% (-0.1%) [Q2]

1% less funds holding

Funds holding: 478 [Q1] → 475 (-3) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

See Fund Rankings

Research analyst outlook

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

Low target

$43

1% upside

Avg. target

$44

4% upside

High target

$46

8% upside

4 analyst ratings

0 positive

0%

3 neutral

75%

1 negative

25%

Evercore ISI Group James Kammert	$46	In-Line Maintained	15 Sep 2025
Wells Fargo John Kilichowski	$43	Equal-Weight Maintained	27 Aug 2025
UBS Michael Goldsmith	$44	Neutral Maintained	15 Aug 2025
Barclays Richard Hightower	$44	Underweight Downgraded	21 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about NNN published over the past 30 days

10 Quality High Yield In Rose's Income Garden Portfolio: 5 Winners To Buy

Highlighting 10 S&P-rated companies with 4-7% yields, focusing on dividend growth, credit quality, and undervaluation. Pfizer, Alexandria RE, NNN REIT, AES Corp, and Bristol Myers are identified as undervalued winners and recommended as buys for income-focused investors.

10 Quality High Yield In Rose's Income Garden Portfolio: 5 Winners To Buy

1 REIT To Sell And 1 REIT To Buy

Regular capital recycling is a key element of our investment strategy. We sell investments as they reach fair value to reinvest elsewhere. I present such an opportunity today in the REIT sector.

1 REIT To Sell And 1 REIT To Buy

Cash Cows: 12 High-Yield REITs With Safe Dividends

REITs are attractive now due to low inflation, expected rate cuts, and technical indicators suggesting a bullish trend with up to 40% upside. This article identifies 12 high-yield REITs (5.25%+), each with strong dividend safety grades, outyielding no-risk treasuries. Dividend safety is paramount, and Seeking Alpha's Quant Ratings indicate these REITs show low risk of cuts, supported by solid debt and payout ratios.

Cash Cows: 12 High-Yield REITs With Safe Dividends

NNN REIT: Quality Speaks For Itself, And The 3.4% Dividend Raise Amidst Tenant Risks Is Proof

NNN REIT is attractively valued at a forward P/AFFO of 12.35x, offering solid upside if tenant headwinds are managed and rates decline. Q2 results showed year-over-year growth in revenue, core FFO, and AFFO, with management raising full-year guidance and increasing investment activity. The 3.4% dividend raise, now yielding 5.7%, is well covered by cash flows, reflecting strong portfolio quality and management confidence.

NNN REIT: Quality Speaks For Itself, And The 3.4% Dividend Raise Amidst Tenant Risks Is Proof

The Motley Fool

7 Best Dividend Champions to Buy Now

Dividend Champions are long-term winners. These companies have grown their dividends for at least 25 straight years.

7 Best Dividend Champions to Buy Now

A Ranking Of Net-Lease REITs By Investment Spread For Q2 2025

Net-lease REITs remain resilient amid economic uncertainty, with stable interest rates supporting increased investment activity and positive guidance across the sector. Monetary policy (interest rates), not fiscal policy (tariffs), is the key driver for net-lease REIT performance, supporting a bullish outlook for the sector. Investment spread and total return analysis highlight VICI, First Industrial, Agree Realty, and Realty Income as top performers, though First Industrial and VICI have caveats this quarter.

A Ranking Of Net-Lease REITs By Investment Spread For Q2 2025

NNN REIT: A Dividend Aristocrat In Net Lease With Hidden Upside

NNN achieves its strength through steady time-based growth rather than rapid expansion. The stock functions as a defensive portfolio anchor due to its reliable dividend payments. The recycling strategy demonstrates management's disciplined approach to portfolio upgrades, which avoids increasing balance sheet risk.

NNN REIT: A Dividend Aristocrat In Net Lease With Hidden Upside

NNN REIT: Dividend Aristocrat On Sale

NNN REIT, Inc. is undervalued, trading at 12.5x forward P/FFO that's well below historical average, and offering a secure 5.7% dividend yield. The portfolio is highly diversified, focused on necessity-based tenants, with strong occupancy of 98% and robust acquisition activity at attractive cap rates. Management is executing well, raising AFFO guidance, efficiently recycling capital, and maintaining a strong BBB+ balance sheet with well-staggered debt maturities.

NNN REIT: Dividend Aristocrat On Sale

Need Income? Beat Your Expenses With Dividend Growth Stocks

Are rising costs threatening your retirement comfort? We skip the guesswork of balancing portfolio drawdowns against life expectancy. Our approach unlocks the full force of income from your portfolio to power your retirement.

Need Income? Beat Your Expenses With Dividend Growth Stocks

3 REITs To Buy Before Their Dividends Surge

I expect some REITs to hike their dividends later this year. Those REITs that surprise the market could enjoy significant upside. I highlight three such REITs to put on your watchlist.

3 REITs To Buy Before Their Dividends Surge

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