Many National Retail Properties(NNN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. National Retail Properties was Upgraded by BofA/Merrill to Buy on Jan 31, 2017. National Retail Properties was Upgraded by Robert W. Baird on Nov 21, 2016 to Outperform, Lowers Price Target to $ 50 from a previous price target of $54 .
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Craig Macnab (Chief Executive Officer) sold 85,000 shares at 43.99 per share price.On Dec 22, 2016, Michelle Lynn Miller (EVP & Chief Accounting Officer) sold 500 shares at 43.30 per share price.On Nov 28, 2016, Stephen A Jr Horn (EVP & Chief Acquisitions Offic) sold 3,500 shares at 42.51 per share price.
National Retail Properties Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.59. The company had revenue of $141.20 million for the quarter, compared to analysts expectations of $137.23 million. The companys revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.
National Retail Properties (NYSE:NNN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.14 by 14 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
National Retail Properties (NYSE:NNN): According to 11 Analysts, The short term target price has been estimated at $ 48.27.The target price could deviate by a maximum of $6.4 from the forecast price. In the near term, the target price could hit a high of $59 and a low of $ 35.
National Retail Properties (NYSE:NNN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.25% or 0.11 points. After the session commenced at $44.33, the stock reached the higher end at $44.78 while it hit a low of $43.975. With the volume soaring to 1,322,133 shares, the last trade was called at $44.31. The company has a 52-week high of $53.595. The company has a market cap of $6,519 million and there are 147,124,100 shares in outstanding. The 52-week low of the share price is $39.86.
National Retail Properties, a real estate investment trust, invests in single tenant net-leased retail properties throughout the United States. NNN maintains a conservatively managed, diversified real estate portfolio with properties subject to long-term, net leases with established tenants. Its 2,257 properties are located in 47 states with a total gross leasable area of approximately 25.0 million square feet. Current occupancy is 99.1% and these properties are leased to more than 400 tenants in 38 industry classifications.