NNN REIT (NYSE:NNN) Given New $44.00 Price Target at BNP Paribas Exane

NNN REIT (NYSE:NNN) had its price target upped by BNP Paribas Exane from $43.00 to $44.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has an underperform rating on the real estate investment trust’s stock.

Several other research firms have also weighed in on NNN. Deutsche Bank Aktiengesellschaft upgraded shares of NNN REIT from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NNN REIT in a research note on Thursday, January 22nd. Barclays decreased their price target on NNN REIT from $44.00 to $43.00 and set an “underweight” rating for the company in a research note on Monday, October 20th. Wells Fargo & Company boosted their price target on shares of NNN REIT from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Evercore lowered their price target on NNN REIT from $44.00 to $43.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $44.61.

NNN REIT Stock Up 1.3%

Shares of NYSE:NNN opened at $43.63 on Thursday. The firm has a market cap of $8.29 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 3.07 and a beta of 0.86. The company has a current ratio of 1.09, a quick ratio of 2.44 and a debt-to-equity ratio of 1.09. NNN REIT has a 12-month low of $35.80 and a 12-month high of $44.29. The company has a fifty day simple moving average of $41.08 and a 200 day simple moving average of $41.57.

NNN REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, January 30th. NNN REIT’s payout ratio is currently 115.38%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quent Capital LLC acquired a new stake in shares of NNN REIT in the third quarter worth about $51,000. Ameriflex Group Inc. lifted its stake in shares of NNN REIT by 1,266.1% in the third quarter. Ameriflex Group Inc. now owns 2,336 shares of the real estate investment trust’s stock worth $99,000 after buying an additional 2,165 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of NNN REIT by 1,066.9% during the 3rd quarter. Rothschild Investment LLC now owns 4,271 shares of the real estate investment trust’s stock worth $182,000 after buying an additional 3,905 shares during the period. Hanson & Doremus Investment Management acquired a new position in NNN REIT in the 4th quarter valued at $187,000. Finally, Bayforest Capital Ltd lifted its position in NNN REIT by 705.2% during the 3rd quarter. Bayforest Capital Ltd now owns 4,525 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 3,963 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

More NNN REIT News

Here are the key news stories impacting NNN REIT this week:

• Positive Sentiment: Management raised FY‑2026 EPS guidance sharply to a range of 3.470–3.530 (well above the prior consensus ~2.60), a major catalyst for investor optimism. Read More.
• Positive Sentiment: Core operating metrics: Q4 FFO and revenue topped estimates (FFO $0.87 vs $0.86 est.), signaling underlying rent and cash‑flow strength that investors typically value for REITs. Read More.
• Positive Sentiment: Balance‑sheet and growth actions: NNN outlined a 2026 AFFO per‑share growth target of ~3.2% and reported a record ~$900M of acquisition volume, supporting the company’s growth trajectory and cash‑flow outlook. Read More.
• Neutral Sentiment: Detailed investor materials (earnings call transcript and slide deck) are available for those wanting line‑by‑line detail on earnings, leasing, and capital allocation. Read More. · Read More.
• Neutral Sentiment: Market commentary and longer‑form writeups (valuation pieces, dividend/portfolio reviews) have appeared, helpful for longer‑term investors but less likely to move price immediately. Read More. · Read More.
• Negative Sentiment: GAAP EPS reporting showed mixed signals—one summary reported a Q4 EPS miss versus consensus (reported GAAP EPS $0.51 vs $0.86), which can create headline volatility even when FFO/affO is solid. Read More.
• Negative Sentiment: Analyst stance remains cautious: BNP Paribas Exane slightly raised its price target to $44 but kept an “underperform” rating, implying limited near‑term upside and leaving some investors wary. Read More.

NNN REIT Company Profile

NNN REIT (NYSE: NNN), formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.