• Consensus Rating: Hold
  • Consensus Price Target: $44.50
  • Forecasted Upside: 8.64%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$40.96
▲ +0.35 (0.86%)

This chart shows the closing price for NNN by one month, three months, or twelve months.

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Analyst Price Target for NNN

Analyst Price Target is $44.50
▲ +8.64% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for NNN REIT in the last 3 months. The average price target is $44.50, with a high forecast of $49.00 and a low forecast of $40.00. The average price target represents a 8.64% upside from the last price of $40.96.

This chart shows the closing price for NNN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in NNN REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
7/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/2/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$45.00 ➝ $42.00N/A
9/20/2023Wells Fargo & CompanyInitiated CoverageEqual Weight$40.00Low
8/8/2023OppenheimerLower TargetOutperform ➝ Outperform$54.00 ➝ $49.00Low
8/8/2023B. RileyLower Target$50.00 ➝ $46.00Low
8/3/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$46.00 ➝ $45.00Low
6/28/2023Janney Montgomery ScottUpgradeNeutral ➝ Buy$48.00Low
6/14/2023BNP ParibasInitiated CoverageUnderperform$42.00Low
5/3/2023B. RileyLower Target$53.00 ➝ $50.00Low
4/6/2023Raymond JamesLower TargetOutperform$50.00 ➝ $47.00N/A
2/16/2023CitigroupBoost TargetNeutral$45.00 ➝ $48.00Low
2/13/2023B. RileyReiterated RatingBuyLow
1/27/2023OppenheimerBoost TargetOutperform$49.00 ➝ $54.00Low
1/9/2023Raymond JamesDowngradeStrong-Buy ➝ Outperform$48.00 ➝ $50.00Low
1/2/2023Jefferies Financial GroupUpgradeHold ➝ Buy$42.00 ➝ $52.00Low
11/3/2022B. RileyLower Target$54.00 ➝ $49.00Low
11/2/2022Morgan StanleyBoost TargetEqual Weight$45.00 ➝ $46.00Low
10/19/2022OppenheimerInitiated CoverageOutperform$48.00Low
10/4/2022Raymond JamesLower TargetStrong-Buy$52.00 ➝ $48.00Low
9/6/2022Raymond JamesLower TargetStrong-Buy$55.00 ➝ $52.00Low
8/15/2022CitigroupBoost Target$47.00N/A
7/12/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$45.00N/A
7/8/2022Raymond JamesBoost TargetStrong-Buy$50.00 ➝ $55.00N/A
6/22/2022Credit Suisse GroupInitiated CoverageOutperform$46.00Low
5/18/2022Colliers SecuritiesLower TargetNA$49.00Medium
5/3/2022Stifel NicolausLower Target$56.00 ➝ $53.00Low
2/10/2022B. RileyLower Target$55.00 ➝ $50.00Medium
2/10/2022Raymond JamesLower TargetStrong-Buy$55.00 ➝ $50.00High
1/20/2022Bank of AmericaDowngradeBuy ➝ Underperform$52.00 ➝ $47.00High
1/10/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$54.00 ➝ $50.00High
12/3/2021Morgan StanleyLower TargetOverweight$56.00 ➝ $52.00Medium
9/17/2021Royal Bank of CanadaInitiated CoverageSector Perform$48.00High
9/7/2021Morgan StanleyBoost TargetOverweight$55.00 ➝ $56.00Low
7/1/2021Wells Fargo & CompanyBoost TargetPositive ➝ Equal Weight$44.00 ➝ $50.00Low
6/3/2021Morgan StanleyBoost TargetOverweight$53.00 ➝ $55.00Low
5/19/2021Colliers SecuritiesInitiated CoverageNeutral$49.00Low
5/5/2021B. RileyBoost TargetBuy$49.00 ➝ $55.00Low
5/5/2021Raymond JamesBoost TargetStrong-Buy$48.00 ➝ $55.00High
4/15/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$37.00 ➝ $53.00High
4/7/2021Bank of AmericaUpgradeUnderperform ➝ BuyLow
2/15/2021Raymond JamesReiterated RatingBuyLow
2/12/2021B. RileyBoost TargetBuy$45.00 ➝ $49.00Low
12/17/2020Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$48.00Low
12/16/2020Robert W. BairdInitiated CoverageOutperform ➝ Neutral$45.00 ➝ $42.00Medium
12/15/2020Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $37.00Medium
12/10/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$41.00 ➝ $40.00Low
8/21/2020Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $35.00Low
8/4/2020B. RileyLower Target$49.00 ➝ $45.00Low
7/2/2020CitigroupBoost TargetUnderweight ➝ Neutral$28.00 ➝ $35.00High
6/11/2020Wells Fargo & CompanyBoost TargetOverweight$37.00 ➝ $41.00Low
6/10/2020B. RileyBoost Target$43.00 ➝ $49.00Low
5/5/2020B. RileyLower TargetBuy$47.00 ➝ $43.00Low
5/4/2020Morgan StanleyLower TargetEqual Weight$56.00 ➝ $34.00Medium
4/17/2020Raymond JamesLower TargetOutperform$62.00 ➝ $44.00Medium
4/7/2020CitigroupLower TargetNeutral$58.00 ➝ $28.00High
4/2/2020Wells Fargo & CompanyLower TargetOverweight$62.00 ➝ $37.00High
3/27/2020B. RileyUpgradeNeutral ➝ Buy$60.00 ➝ $47.00High
2/12/2020B. RileyReiterated RatingHold$60.00Medium
10/10/2019Jefferies Financial GroupInitiated CoverageBuy$75.00Low
9/17/2019Morgan StanleyBoost TargetEqual Weight$54.00 ➝ $56.00High
9/3/2019Wells Fargo & CompanySet TargetBuy$62.00Low
8/20/2019Stifel NicolausBoost TargetBuy$56.00 ➝ $57.00Low
7/11/2019Morgan StanleyBoost TargetEqual Weight$53.00 ➝ $54.00Low
5/20/2019Raymond JamesSet TargetHold$57.00Low
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.88 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 10 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/27/2023
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/27/2023
  • 8 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/26/2023
  • 6 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/26/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/25/2024
  • 6 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/24/2024
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/25/2024
  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/24/2024

Current Sentiment

  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
NNN REIT logo
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. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 or more consecutive years.
Read More

Today's Range

Now: $40.96
Low: $40.53
High: $41.10

50 Day Range

MA: $41.38
Low: $39.37
High: $42.76

52 Week Range

Now: $40.96
Low: $34.38
High: $44.96

Volume

1,598,841 shs

Average Volume

1,395,683 shs

Market Capitalization

$7.49 billion

P/E Ratio

18.96

Dividend Yield

5.65%

Beta

1

Frequently Asked Questions

What sell-side analysts currently cover shares of NNN REIT?

The following Wall Street sell-side analysts have issued reports on NNN REIT in the last year: B. Riley, BNP Paribas, Janney Montgomery Scott, Oppenheimer Holdings Inc., Royal Bank of Canada, StockNews.com, and Wells Fargo & Company.
View the latest analyst ratings for NNN.

What is the current price target for NNN REIT?

6 Wall Street analysts have set twelve-month price targets for NNN REIT in the last year. Their average twelve-month price target is $44.50, suggesting a possible upside of 8.6%. Oppenheimer Holdings Inc. has the highest price target set, predicting NNN will reach $49.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $40.00 for NNN REIT in the next year.
View the latest price targets for NNN.

What is the current consensus analyst rating for NNN REIT?

NNN REIT currently has 1 sell rating, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NNN, but not buy more shares or sell existing shares.
View the latest ratings for NNN.

What other companies compete with NNN REIT?

How do I contact NNN REIT's investor relations team?

NNN REIT's physical mailing address is 450 S ORANGE AVE SUITE 900, ORLANDO FL, 32801. The real estate investment trust's listed phone number is (407) 265-7348 and its investor relations email address is [email protected]. The official website for NNN REIT is www.nnnreit.com. Learn More about contacing NNN REIT investor relations.