NNN REIT Inc (NNN)’s Market Momentum: Closing Strong at 45.77, Up 0.18

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As of close of business last night, NNN REIT Inc’s stock clocked out at $45.77, up 0.18% from its previous closing price of $45.69. In other words, the price has increased by $0.18 from its previous closing price. On the day, 1.14 million shares were traded. NNN stock price reached its highest trading level at $46.03 during the session, while it also had its lowest trading level at $45.62.

Ratios:

To gain a deeper understanding of NNN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 500.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.46. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.05.

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 this company, UBS on May 31, 2024, initiated with a Neutral rating and assigned the stock a target price of $41.

On May 02, 2024, Exane BNP Paribas Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $42.

On September 21, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $40.Wells Fargo initiated its Equal Weight rating on September 21, 2023, with a $40 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 06 ’24 when Miller Michelle Lynn sold 4,000 shares for $46.88 per share. The transaction valued at 187,520 led to the insider holds 69,756 shares of the business.

Tessitore Christopher Paul sold 38,056 shares of NNN for $1,586,277 on Dec 13 ’23. The EVP now owns 140,539 shares after completing the transaction at $41.68 per share. On Nov 27 ’23, another insider, Adamo Jonathan, who serves as the EVP, Portfolio Operations of the company, sold 4,000 shares for $39.85 each. As a result, the insider received 159,400 and left with 56,450 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 8406118400 and an Enterprise Value of 12786805760. As of this moment, NNN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.64, and their Forward P/E ratio for the next fiscal year is 22.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.85 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 14.98 whereas that against EBITDA is 16.41.

Stock Price History:

Over the past 52 weeks, NNN has reached a high of $47.19, while it has fallen to a 52-week low of $34.38. The 50-Day Moving Average of the stock is 4.45%, while the 200-Day Moving Average is calculated to be 9.67%.

Shares Statistics:

It appears that NNN traded 956.36K shares on average per day over the past three months and 1586180 shares per day over the past ten days. A total of 182.47M shares are outstanding, with a floating share count of 182.16M. Insiders hold about 0.81% of the company’s shares, while institutions hold 92.96% stake in the company. Shares short for NNN as of 1722384000 were 3832977 with a Short Ratio of 4.01, compared to 1719532800 on 4001782. Therefore, it implies a Short% of Shares Outstanding of 3832977 and a Short% of Float of 2.86.

Dividends & Splits

With its trailing 12-month dividend rate of 2.26, NNN has a forward annual dividend rate of 2.27. Against a Trailing Annual Dividend Yield of 0.04946378The stock’s 5-year Average Dividend Yield is 5.0.

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