National Retail Properties (NNN) : During the past 4 weeks, traders have been relatively bearish on National Retail Properties (NNN), hence the stock is down -3.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.98% relative to the S&P 500. The 4-week change in the price of the stock is -1% and the stock has fallen -3.57% in the past 1 week.
National Retail Properties (NYSE:NNN): The stock opened at $52.20 on Friday but the bulls could not build on the opening and the stock topped out at $52.28 for the day. The stock traded down to $51.11 during the day, due to lack of any buying support eventually closed down at $51.26 with a loss of -1.78% for the day. The stock had closed at $52.19 on the previous day. The total traded volume was 1,254,750 shares.
The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 4.07%. National Retail Properties, Inc. is up 9.65% in the last 3-month period. Year-to-Date the stock performance stands at 31.74%.
National Retail Properties (NNN) : Currently there are 10 street experts covering National Retail Properties (NNN) stock. The most bullish and bearish price target for the stock is $59 and $43 respectively for the short term. The average price target of all the analysts comes to $52.85. The estimated standard deviation from the target is $4.61.
National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states. Approximately 99% of the properties were leased as of December 31, 2014. The Companys portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others. As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties.