NNN REIT Inc (NYSE: NNN) is -2.82% lower on its value in year-to-date trading and has touched a low of $35.80 and a high of $49.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NNN stock was last observed hovering at around $39.07 in the last trading session, with the day’s gains setting it 0.63%.
Currently trading at $39.70, the stock is -3.45% and -3.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 1.61% at the moment leaves the stock -9.05% off its SMA200. NNN registered -2.26% loss for a year compared to 6-month loss of -16.54%. The firm has a 50-day simple moving average (SMA 50) of $41.1422 and a 200-day simple moving average (SMA200) of $43.6503.
The stock witnessed a -5.05% gain in the last 1 month and extending the period to 3 months gives it a 4.47%, and is -2.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.85% over the week and 2.73% over the month.
NNN REIT Inc (NNN) has around 83 employees, a market worth around $7.46B and $869.27M in sales. Current P/E ratio is 18.45 and Fwd P/E is 19.27. Profit margin for the company is 45.57%. Distance from 52-week low is 10.89% and -19.91% from its 52-week high. The company has generated returns on investments over the last 12 months (4.75%).
with sales reaching $219.68M over the same period.The EPS is expected to shrink by -7.92% this year, but quarterly earnings will post 3.25% year-over-year. Quarterly sales are estimated to grow 1.99% in year-over-year returns.
NNN REIT Inc (NNN) Top Institutional Holders
656.0 institutions hold shares in NNN REIT Inc (NNN), with institutional investors hold 94.32% of the company’s shares. The shares outstanding are 187.54M, and float is at 186.21M with Short Float at 2.63%. Institutions hold 93.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.25 million shares valued at $1.12 billion. The investor’s holdings represent 14.4415% of the NNN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.35 million shares valued at $909.55 million to account for 11.7031 of the shares outstanding. The other top investors are VICTORY CAPITAL MANAGEMENT INC which holds 12.87 million shares representing 7.0801% and valued at over $548.31 million, while STATE STREET CORP holds 6.5277 of the shares totaling 11.91 million with a market value of $507.32 million.
NNN REIT Inc (NNN) Insider Activity
The most recent transaction is an insider sale by Horn Stephen A JR, the company’s President & CEO. SEC filings show that Horn Stephen A JR sold 55,356 shares of the company’s common stock on Mar 17 ’25 at a price of $42.46 per share for a total of $2.35 million. Following the sale, the insider now owns 0.71 million shares.
Still, SEC filings show that on Dec 10 ’24, Miller Michelle Lynn (EVP,Chief Acctg & Tech Officer) disposed off 1,000 shares at an average price of $42.51 for $42510.0. The insider now directly holds 68,756 shares of NNN REIT Inc (NNN).
