# NNN REIT, Inc. – Consensus ‘buy’ rating and -2.5% Downside Potential

- Link: https://www.directorstalkinterviews.com/nnn-reit-inc.consensus-buy-rating-and-2.5-downside-potential/4121166068
- Published: 2024-07-26T11:57:41+01:00
- Author: Charlotte Edwards

**NNN REIT, Inc.** with ticker code (NNN) now have 14 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $48.00 and $41.00 calculating the average target price we see
$44.32. Given that the stocks previous close was at $45.46 this indicates there 
is a potential downside of -2.5%. The 50 day MA is $42.80 and the 200 day moving
average is $41.11. The market capitalization for the company is 8.28B. The stock
price for the company is currently $45.15 USD

 The potential market cap would be $8,070,614,955 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 20.71, revenue per share of $4.63
and a 3.88% return on assets.

NNN REIT, Inc., formerly National Retail Properties, Inc., is a real estate investment
trust (REIT). The Company owns a diversified portfolio of freestanding retail stores
across the United States. The Company 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). It owns approximately 3,449
properties across 48 states leased to more than 380 tenants in 37 different lines
of trade. It invests primarily in retail real estate that is located within each
local market for its tenant’s retail lines of trade. The Company’s 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; and furniture, among others.

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