NNN REIT (NYSE:NNN) Updates 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 -.

Analyst Upgrades and Downgrades

NNN has been the topic of a number of research analyst reports. Evercore dropped their price objective on shares of NNN REIT from $44.00 to $43.00 and set an “in-line” rating on the stock in a report on Monday, December 15th. B. Riley Financial restated a “neutral” rating and set a $43.00 price target (down from $44.00) on shares of NNN REIT in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft upgraded NNN REIT from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Tuesday, January 20th. Wells Fargo & Company lifted their price objective on NNN REIT from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of NNN REIT in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NNN REIT presently has a consensus rating of “Hold” and an average price target of $43.71.

NNN REIT Trading Down 0.5%

NNN traded down $0.21 during trading on Wednesday, reaching $43.10. 52,402 shares of the company’s stock were exchanged, compared to its average volume of 1,425,094. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.44 and a current ratio of 2.44. NNN REIT has a fifty-two week low of $35.80 and a fifty-two week high of $44.23. The firm has a market capitalization of $8.19 billion, a PE ratio of 20.68, a P/E/G ratio of 3.05 and a beta of 0.86. The company’s fifty day moving average price is $40.98 and its 200-day moving average price is $41.54.

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

NNN REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Friday, January 30th. NNN REIT’s payout ratio is presently 115.38%.

Institutional Investors Weigh In On NNN REIT

A number of hedge funds and other institutional investors have recently modified their holdings of NNN. Parallel Advisors LLC boosted its holdings in shares of NNN REIT by 11.0% during the 3rd quarter. Parallel Advisors LLC now owns 5,713 shares of the real estate investment trust’s stock valued at $243,000 after acquiring an additional 567 shares in the last quarter. Horizon Investments LLC raised its position in NNN REIT by 65.0% in the third quarter. Horizon Investments LLC now owns 77,022 shares of the real estate investment trust’s stock valued at $3,230,000 after purchasing an additional 30,333 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of NNN REIT by 17.3% during the third quarter. Captrust Financial Advisors now owns 135,241 shares of the real estate investment trust’s stock valued at $5,757,000 after purchasing an additional 19,976 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.