The price-to-earnings ratio for NNN REIT Inc (NYSE: NNN) is above average at 18.49x. The 36-month beta value for NNN is also noteworthy at 1.11. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for NNN is 186.08M, and at present, short sellers hold a 2.38% of that float. The average trading volume of NNN on January 17, 2025 was 1.23M shares.
NNN) stock’s latest price update
The stock price of NNN REIT Inc (NYSE: NNN) has surged by 1.24 when compared to previous closing price of 39.45, but the company has seen a 2.67% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-16 that NNN, the second-largest REIT in the triple net lease sector, faces challenges from rising interest rates and inflation, impacting its performance. Despite underperformance, NNN’s extensive and geographically diversified property portfolio, along with a strong balance sheet and disciplined capital allocation, presents a buying opportunity. NNN’s dividend yield is attractive at over 6%, with a history of steady increases, making it appealing for investors seeking income.
NNN’s Market Performance
NNN REIT Inc (NNN) has seen a 2.67% rise in stock performance for the week, with a -6.20% decline in the past month and a -18.52% plunge in the past quarter. The volatility ratio for the week is 2.20%, and the volatility levels for the past 30 days are at 2.04% for NNN. The simple moving average for the past 20 days is -0.06% for NNN’s stock, with a -8.87% simple moving average for the past 200 days.
Analysts’ Opinion of NNN
Many brokerage firms have already submitted their reports for NNN stocks, with Morgan Stanley repeating the rating for NNN by listing it as a “Overweight.” The predicted price for NNN in the upcoming period, according to Morgan Stanley is $48 based on the research report published on January 15, 2025 of the current year 2025.
Janney, on the other hand, stated in their research note that they expect to see NNN reach a price target of $43. The rating they have provided for NNN stocks is “Neutral” according to the report published on January 15th, 2025.
Jefferies gave a rating of “Hold” to NNN, setting the target price at $43 in the report published on January 02nd of the current year.
NNN Trading at -4.32% from the 50-Day Moving Average
After a stumble in the market that brought NNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.43% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -5.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.97% lower at present.
During the last 5 trading sessions, NNN rose by +2.67%, which changed the moving average for the period of 200-days by -5.53% in comparison to the 20-day moving average, which settled at $39.97. In addition, NNN REIT Inc saw -2.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NNN starting from Miller Michelle Lynn, who sale 1,000 shares at the price of $42.51 back on Dec 10 ’24. After this action, Miller Michelle Lynn now owns 68,756 shares of NNN REIT Inc, valued at $42,510 using the latest closing price.
Miller Michelle Lynn, the Director of NNN REIT Inc, proposed sale 1,000 shares at $42.68 during a trade that took place back on Nov 13 ’24, which means that Miller Michelle Lynn is holding shares at $42,680 based on the most recent closing price.
Stock Fundamentals for NNN
Current profitability levels for the company are sitting at:
- 0.64 for the present operating margin
- 0.75 for the gross margin
The net margin for NNN REIT Inc stands at 0.46. The total capital return value is set at 0.06. Equity return is now at value 9.28, with 4.53 for asset returns.
Based on NNN REIT Inc (NNN), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is 3.07.
Currently, EBITDA for the company is 793.73 million with net debt to EBITDA at 5.17. When we switch over and look at the enterprise to sales, we see a ratio of 13.48. The receivables turnover for the company is 389.84for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In summary, NNN REIT Inc (NNN) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
