NNN REIT (NNN) Expected to Announce 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 projected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, August 5th. Analysts expect NNN REIT to post earnings of $0.85 per share and revenue of $224.26 million for the quarter.

NNN REIT (NYSE:NNN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.04. The firm had revenue of $230.85 million during the quarter, compared to analyst estimates of $219.68 million. NNN REIT had a return on equity of 9.23% and a net margin of 45.09%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.84 earnings per share. 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 Price Performance

Shares of NNN REIT stock traded up $0.71 during trading on Friday, reaching $41.97. 1,776,466 shares of the stock traded hands, compared to its average volume of 1,161,305. The company has a market capitalization of $7.89 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 3.87 and a beta of 0.92. The business has a fifty day simple moving average of $42.57 and a two-hundred day simple moving average of $41.53. 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 has a 52-week low of $35.80 and a 52-week high of $49.57.

NNN REIT Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be given a dividend of $0.60 per share. The ex-dividend date is Thursday, July 31st. This is a positive change from NNN REIT's previous quarterly dividend of $0.58. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.7%. NNN REIT's dividend payout ratio (DPR) is 112.15%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Barclays lowered NNN REIT from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, July 22nd. UBS Group dropped their price target on NNN REIT from $43.00 to $42.00 and set a "neutral" rating for the company in a research report on Wednesday, July 16th. Finally, Evercore ISI lifted their price target on NNN REIT from $43.00 to $44.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NNN REIT has a consensus rating of "Hold" and an average target price 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.