NNN REIT (NYSE:NNN) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain recently purchased between $1,001 and $15,000 in shares of NNN REIT, Inc. on June 17th, which she disclosed in a filing on August 13th.
• NNN REIT announced a quarterly dividend increase to $0.60 per share, reflecting an annualized dividend yield of 5.7%, up from the previous $0.58.
• Analysts have mixed opinions on NNN REIT, with target price adjustments and ratings ranging from a recent downgrade to "strong sell" by Barclays to a "buy" rating from one analyst.

Representative Lisa C. McClain (R-Michigan) recently bought shares of NNN REIT, Inc. NYSE: NNN. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in NNN REIT stock on June 17th. 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 $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

NNN REIT Price Performance

Shares of NNN traded up $0.2870 during trading hours on Friday, reaching $42.4170. The company had a trading volume of 1,191,818 shares, compared to its average volume of 1,481,139. The firm has a 50 day simple moving average of $42.56 and a 200-day simple moving average of $41.76. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 3.86 and a beta of 0.92. NNN REIT, Inc. has a 12-month low of $35.80 and a 12-month high of $49.57.

NNN REIT (NYSE:NNN - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 43.90% and a return on equity of 9.00%. The business's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 EPS. NNN REIT has set its FY 2025 guidance at 3.340-3.390 EPS. Research analysts expect that NNN REIT, Inc. will post 3.33 earnings per share for the current year.

NNN REIT Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NNN shares. Evercore ISI increased their price target on shares of NNN REIT from $43.00 to $44.00 and gave the company an "in-line" rating in a report on Wednesday, July 2nd. Barclays downgraded shares of NNN REIT from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, July 22nd. Finally, UBS Group increased their price objective on shares of NNN REIT from $42.00 to $44.00 and gave the company a "neutral" rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $44.25.

Hedge Funds Weigh In On NNN REIT

A number of hedge funds have recently added to or reduced their stakes in the business. Chung Wu Investment Group LLC bought a new stake in NNN REIT in the second quarter valued at $30,000. Brooklyn Investment Group lifted its stake in NNN REIT by 140.8% in the first quarter. Brooklyn Investment Group now owns 802 shares of the real estate investment trust's stock valued at $34,000 after buying an additional 469 shares during the last quarter. Putney Financial Group LLC bought a new stake in NNN REIT in the fourth quarter valued at $38,000. Inlight Wealth Management LLC bought a new stake in NNN REIT in the first quarter valued at $57,000. Finally, NBC Securities Inc. lifted its stake in NNN REIT by 104,000.0% in the first quarter. NBC Securities Inc. now owns 2,082 shares of the real estate investment trust's stock valued at $88,000 after buying an additional 2,080 shares during the last quarter. Institutional investors and hedge funds 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.