Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, NNN REIT Inc (NYSE: NNN) closed at $38.73 down -2.12% from its previous closing price of $39.57. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 1.89 million shares were traded. NNN stock price reached its highest trading level at $39.7688 during the session, while it also had its lowest trading level at $38.55.
Ratios:
For a deeper understanding of NNN REIT Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.36. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 1.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 02, 2025, Downgraded its rating to Hold and sets its target price to $43 from $52 previously.
On December 17, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $48.
On December 11, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $46.Deutsche Bank initiated its Hold rating on December 11, 2024, with a $46 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 10 ’24 when Miller Michelle Lynn sold 1,000 shares for $42.51 per share. The transaction valued at 42,510 led to the insider holds 68,756 shares of the business.
Miller Michelle Lynn bought 1,000 shares of NNN for $42,680 on Nov 13 ’24. On Aug 26 ’24, another insider, Adamo Jonathan, who serves as the EVP, Portfolio Operations of the company, sold 5,000 shares for $47.10 each. As a result, the insider received 235,500 and left with 71,251 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNN now has a Market Capitalization of 7262881792 and an Enterprise Value of 11461656576. As of this moment, NNN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.93, and their Forward P/E ratio for the next fiscal year is 19.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.38 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 13.22 whereas that against EBITDA is 14.492.
Stock Price History:
Over the past 52 weeks, NNN has reached a high of $49.57, while it has fallen to a 52-week low of $38.88. The 50-Day Moving Average of the stock is -8.88%, while the 200-Day Moving Average is calculated to be -11.83%.
Shares Statistics:
For the past three months, NNN has traded an average of 1.20M shares per day and 1171180 over the past ten days. A total of 187.53M shares are outstanding, with a floating share count of 186.08M. Insiders hold about 0.77% of the company’s shares, while institutions hold 91.91% stake in the company. Shares short for NNN as of 1734048000 were 3658545 with a Short Ratio of 3.06, compared to 1731628800 on 3713225. Therefore, it implies a Short% of Shares Outstanding of 3658545 and a Short% of Float of 2.6600001.
Dividends & Splits
According to the company, the forward annual dividend rate for NNN is 2.29, from 2.275 in the trailing year. Against a Trailing Annual Dividend Yield of 0.057493053The stock’s 5-year Average Dividend Yield is 5.13.
