NNN REIT (NNN) Projected to Post Quarterly Earnings on Tuesday

Key Points

• NNN REIT is set to announce its Q2 2025 earnings on August 5th, with projections of $0.85 earnings per share and $224.26 million in revenue.
• The company recently increased its quarterly dividend to $0.60 per share, resulting in an annualized yield of 5.70%.
• Research analysts' opinions are mixed, with a consensus "Hold" rating and a target price of $44.38, as two analysts rated it a sell and two rated it a buy.

NNN REIT (NYSE:NNN - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.85 per share and revenue of $224.26 million for the quarter. NNN REIT has set its FY 2025 guidance at 3.330-3.380 EPS.

NNN REIT (NYSE:NNN - Get Free Report) last issued its earnings results on Thursday, May 1st. The real estate investment trust reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.04. NNN REIT had a return on equity of 9.23% and a net margin of 45.09%. The business had revenue of $230.85 million during the quarter, compared to analysts' expectations of $219.68 million. During the same period in the prior year, the business earned $0.84 EPS. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. On average, analysts expect NNN REIT to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NNN REIT Stock Down 1.2%

Shares of NNN stock traded down $0.51 during mid-day trading on Wednesday, hitting $42.11. The stock had a trading volume of 1,527,529 shares, compared to its average volume of 1,074,001. NNN REIT has a 12-month low of $35.80 and a 12-month high of $49.57. The firm has a market capitalization of $7.91 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 3.99 and a beta of 0.92. The firm's 50-day moving average is $42.55 and its two-hundred day moving average is $41.50. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.58 and a quick ratio of 0.58.

NNN REIT Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be paid a $0.60 dividend. The ex-dividend date is Thursday, July 31st. This is a boost from NNN REIT's previous quarterly dividend of $0.58. This represents a $2.40 dividend on an annualized basis and a yield of 5.70%. NNN REIT's dividend payout ratio (DPR) is 108.41%.

Analyst Ratings Changes

Several analysts recently commented on NNN shares. Barclays lowered NNN REIT from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, July 22nd. Evercore ISI raised their target price on NNN REIT from $43.00 to $44.00 and gave the stock an "in-line" rating in a report on Wednesday, July 2nd. Finally, UBS Group dropped their target price on NNN REIT from $43.00 to $42.00 and set a "neutral" rating on the stock in a report on Wednesday, July 16th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, NNN REIT currently has a consensus rating of "Hold" and an average price target of $44.38.

About NNN REIT

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2023, the company owned 3,532 properties in 49 states with a gross leasable area of approximately 36.0 million square feet and a weighted average remaining lease term of 10.1 years.