Rep. Lisa C. McClain Sells Off Shares of NNN REIT, Inc. (NYSE:NNN)

Key Points

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Representative Lisa C. McClain (R-Michigan) recently sold shares of NNN REIT, Inc. NYSE: NNN. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in NNN REIT stock on August 13th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

NNN REIT Stock Performance

NYSE:NNN traded down $0.17 during mid-day trading on Friday, reaching $42.11. The stock had a trading volume of 1,723,805 shares, compared to its average volume of 1,177,467. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.40 and a current ratio of 1.40. The business has a 50 day simple moving average of $42.38 and a 200 day simple moving average of $41.98. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 3.83 and a beta of 0.95. NNN REIT, Inc. has a twelve month low of $35.80 and a twelve month high of $49.57.

NNN REIT (NYSE:NNN - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $226.80 million during the quarter, compared to the consensus estimate of $224.26 million. NNN REIT had a return on equity of 9.00% and a net margin of 43.90%.During the same quarter in the previous year, the company posted $0.84 EPS. The business's revenue was up 4.6% on a year-over-year basis. NNN REIT has set its FY 2025 guidance at 3.340-3.390 EPS. On average, analysts expect that NNN REIT, Inc. will post 3.33 earnings per share for the current fiscal year.

NNN REIT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 31st were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Thursday, July 31st. This is an increase from NNN REIT's previous quarterly dividend of $0.58. NNN REIT's payout ratio is currently 114.29%.

Analysts Set New Price Targets

Several research firms recently commented on NNN. Barclays lowered shares of NNN REIT from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, July 22nd. UBS Group increased their target price on NNN REIT from $42.00 to $44.00 and gave the company a "neutral" rating in a research note on Friday, August 15th. Wells Fargo & Company lowered their price objective on NNN REIT from $44.00 to $43.00 and set an "equal weight" rating for the company in a report on Wednesday, August 27th. Finally, Evercore ISI lifted their price target on shares of NNN REIT from $44.00 to $46.00 and gave the company an "in-line" rating in a report on Monday, September 15th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and an average price target of $44.33.

Hedge Funds Weigh In On NNN REIT

Several institutional investors have recently modified their holdings of NNN. GAMMA Investing LLC raised its holdings in shares of NNN REIT by 3,301.7% during the first quarter. GAMMA Investing LLC now owns 98,138 shares of the real estate investment trust's stock worth $4,186,000 after acquiring an additional 95,253 shares during the period. Sound Income Strategies LLC raised its position in NNN REIT by 11.4% during the first quarter. Sound Income Strategies LLC now owns 384,553 shares of the real estate investment trust's stock worth $16,401,000 after acquiring an additional 39,289 shares in the last quarter. Adams Asset Advisors LLC lifted its stake in NNN REIT by 119.0% in the 2nd quarter. Adams Asset Advisors LLC now owns 40,766 shares of the real estate investment trust's stock valued at $1,760,000 after purchasing an additional 22,155 shares during the last quarter. Allstate Corp increased its holdings in shares of NNN REIT by 159.5% during the 1st quarter. Allstate Corp now owns 25,510 shares of the real estate investment trust's stock worth $1,088,000 after acquiring an additional 15,678 shares during the last quarter. Finally, Graypoint LLC acquired a new position in shares of NNN REIT in the first quarter valued at $450,000. Institutional investors own 89.96% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.