NNN REIT, Inc.

NNN

US6374171063

Commercial REITs

Market Closed - Nyse Other stock markets 21:00:08 17/05/2024 BST			5-day change	1st Jan Change
42.56 ^USD	+0.40%		+0.71%	-1.25%

05-01	Transcript : NNN REIT, Inc., Q1 2024 Earnings Call, May 01, 2024
05-01	NNN REIT Q1 Adjusted FFO, Revenue Up; Issues 2024 AFFO Outlook	MT

NNN REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 01:34 pm

NNN REIT, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 214.83 million compared to USD 203.63 million a year ago. Revenue was USD 215.41 million compared to USD 204.11 million a year ago.

Net income was USD 94.37 million compared to USD 90.17 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.5 a year ago.

Latest news about NNN REIT, Inc.

Transcript : NNN REIT, Inc., Q1 2024 Earnings Call, May 01, 2024	05-01
NNN REIT Q1 Adjusted FFO, Revenue Up; Issues 2024 AFFO Outlook	05-01	MT
Earnings Flash (NNN) NNN REIT Posts Q1 Revenue $215.4M	05-01	MT
NNN REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-01	CI
North American Morning Briefing : Traders Wait for -2-	05-01	DJ
NNN REIT Reports Increase in Unsecured Credit Facility to $1.2 Billion	04-16	MT
NNN REIT, Inc. Announces Expanded $1.2 Billion Unsecured Credit Facility	04-16	CI
NNN REIT Maintains Quarterly Dividend at $0.565 per Share, Payable May 15 to Shareholders of Record April 30	04-15	MT
NNN REIT, Inc. Announces Quarterly Dividend, Payable on May 15, 2024	04-15	CI
Marc Schwarzberg acquired 56,904-square-foot fitness center at 1000 N. Federal Highway, Pompano Beach, FL from NNN REIT, Inc. for $18.8 million.	04-10	CI
Morgan Stanley Raises NNN REIT Price Target to $47 From $46, Maintains Equal Weight Rating	04-01	MT
Transcript : NNN REIT, Inc., Q4 2023 Earnings Call, Feb 08, 2024	02-08
NNN REIT's Q4 Adjusted FFO, Revenue Rise, 2024 AFFO Guidance Issued	02-08	MT
NNN REIT, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-08	CI
Earnings Flash (NNN) NNN REIT Posts Q4 Revenue $216.2M	02-08	MT
NNN REIT, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-08	CI
NNN REIT, Inc. Provides Earnings Guidance for the Fiscal Year 2024	02-08	CI
NNN REIT Maintains Quarterly Dividend at $0.565 per Share, Payable Feb. 15 to Shareholders of Record Jan. 31	01-16	MT
NNN REIT, Inc. Announces Quarterly Dividend, Payable on February 15, 2024	01-16	CI
Nnn Reit Insider Sold Shares Worth $1,586,277, According to a Recent SEC Filing	12-14	MT
RBC Lifts Price Target on NNN REIT to $43 From $42, Keeps Sector Perform Rating	12-14	MT
Nnn Reit Insider Sold Shares Worth $159,400, According to a Recent SEC Filing	11-28	MT
NNN REIT, Inc. Announces Retirement of Christopher P. Tessitore as an Executive Vice President, Appoints Gina M. Steffens as Successor	11-21	CI
Social Buzz: Wallstreetbets Stocks Mostly Up Premarket; AMC Entertainment Poised to Rise	11-06	MT
RBC Cuts Price Target on NNN REIT to $42 From $45, Keeps Sector Perform Rating	11-02	MT

Chart NNN REIT, Inc.

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Company Profile

NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Companyâs assets are primarily real estate assets. It acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment (properties or property portfolio, or individually a property). It owns approximately 3,532 Properties with an aggregate gross leasable area of approximately 35,966,000 square feet, located in 49 states. The Company invests primarily in retail real estate that is located within each local market for its tenant's retail lines of trade. The Companyâs portfolio includes convenience stores; automotive service; restaurants-full service; restaurants-limited service; family entertainment centers; health and fitness; theaters; recreational vehicle dealers, parts, and accessories; equipment rental; automotive parts; wholesale clubs; home improvement; drug stores; travel plazas; and furniture, among others.

Sector

Commercial REITs

Calendar

30/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for NNN REIT, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

42.56 USD

Average target price

44.35 USD

Spread / Average Target

+4.20%

Consensus

EPS Revisions

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Company calendar

Sector Retail REITs

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NNN REIT, INC.	-1.25%	7.8B
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REGENCY CENTERS CORPORATION	-9.12%	11.22B
BRIXMOR PROPERTY GROUP INC.	-3.22%	6.79B
AGREE REALTY CORPORATION	-3.84%	6.08B
VICINITY CENTRES	-5.15%	5.89B
KITE REALTY GROUP TRUST	-7.13%	4.66B
GENERAL DE GALERÍAS COMERCIALES SOCIMI, S.A.	0.00%	4.01B

Retail REITs

NNN REIT, Inc.

Equities

NNN

US6374171063

Commercial REITs

NNN REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

EPS Revisions