NNN REIT (NYSE:NNN) Issues FY 2026 Earnings Guidance

NNN REIT (NYSE:NNN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.470-3.530 for the period, compared to the consensus estimate of 2.600. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research firms recently commented on NNN. Deutsche Bank Aktiengesellschaft raised NNN REIT from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Tuesday, January 20th. Evercore reduced their price objective on NNN REIT from $44.00 to $43.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of NNN REIT in a research note on Thursday, January 22nd. Wells Fargo & Company boosted their price target on shares of NNN REIT from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Barclays decreased their target price on NNN REIT from $44.00 to $43.00 and set an “underweight” rating for the company in a research note on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $43.71.

NNN REIT Stock Performance

NNN stock traded up $0.37 during midday trading on Wednesday, reaching $43.68. 469,871 shares of the company’s stock traded hands, compared to its average volume of 1,440,095. NNN REIT has a 52 week low of $35.80 and a 52 week high of $44.23. The firm has a market capitalization of $8.30 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 3.05 and a beta of 0.86. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.44 and a current ratio of 2.44. The company has a 50-day moving average price of $40.98 and a two-hundred day moving average price of $41.54.

NNN REIT (NYSE:NNN) last posted its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.01. NNN REIT had a return on equity of 8.95% and a net margin of 43.22%.The company had revenue of $238.40 million during the quarter, compared to analyst estimates of $233.37 million. During the same quarter last year, the company earned $0.82 earnings per share. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. NNN REIT has set its FY 2026 guidance at 3.470-3.530 EPS. As a group, equities analysts anticipate that NNN REIT will post 3.33 EPS for the current year.

NNN REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a $0.60 dividend. The ex-dividend date is Friday, January 30th. This represents a $2.40 annualized dividend and a yield of 5.5%. NNN REIT’s payout ratio is 115.38%.

Hedge Funds Weigh In On NNN REIT

Several large investors have recently made changes to their positions in NNN. Parallel Advisors LLC boosted its stake in NNN REIT by 17.5% during the fourth quarter. Parallel Advisors LLC now owns 6,710 shares of the real estate investment trust’s stock valued at $266,000 after buying an additional 997 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of NNN REIT by 17.3% in the 3rd quarter. Captrust Financial Advisors now owns 135,241 shares of the real estate investment trust’s stock worth $5,757,000 after purchasing an additional 19,976 shares during the period. Finally, Horizon Investments LLC raised its position in shares of NNN REIT by 65.0% in the 3rd quarter. Horizon Investments LLC now owns 77,022 shares of the real estate investment trust’s stock worth $3,230,000 after acquiring an additional 30,333 shares in the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

About NNN REIT

NNN REIT (NYSE: NNN), formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.