NNN REIT (NYSE:NNN) Hits New 1-Year High After Analyst Upgrade

NNN REIT, Inc. (NYSE:NNN)’s stock price reached a new 52-week high during trading on Thursday after BNP Paribas Exane raised their price target on the stock from $43.00 to $44.00. BNP Paribas Exane currently has an underperform rating on the stock. NNN REIT traded as high as $44.29 and last traded at $44.2350, with a volume of 1585955 shares traded. The stock had previously closed at $43.08.

Several other brokerages have also recently commented on NNN. Evercore decreased their price target on shares of NNN REIT from $44.00 to $43.00 and set an “in-line” rating on the stock in a research note on Monday, December 15th. Weiss Ratings restated a “hold (c)” rating on shares of NNN REIT in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft upgraded NNN REIT from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Tuesday, January 20th. UBS Group dropped their price target on NNN REIT from $44.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Finally, B. Riley Financial restated a “neutral” rating and set a $43.00 price target (down previously from $44.00) on shares of NNN REIT in a report on Friday, November 14th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $44.61.

Trending Headlines about NNN REIT

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.

Institutional Investors Weigh In On NNN REIT

Several hedge funds have recently modified their holdings of NNN. Amalgamated Bank boosted its stake in NNN REIT by 0.4% in the third quarter. Amalgamated Bank now owns 86,483 shares of the real estate investment trust’s stock valued at $3,682,000 after acquiring an additional 311 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of NNN REIT by 11.0% during the 3rd quarter. Parallel Advisors LLC now owns 5,713 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 567 shares during the last quarter. Handelsbanken Fonder AB boosted its position in shares of NNN REIT by 1.0% in the 4th quarter. Handelsbanken Fonder AB now owns 67,800 shares of the real estate investment trust’s stock worth $2,687,000 after purchasing an additional 700 shares in the last quarter. Fiduciary Alliance LLC boosted its position in shares of NNN REIT by 21.0% in the 3rd quarter. Fiduciary Alliance LLC now owns 5,699 shares of the real estate investment trust’s stock worth $243,000 after purchasing an additional 991 shares in the last quarter. Finally, Quent Capital LLC purchased a new position in NNN REIT during the 3rd quarter worth $51,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

NNN REIT Stock Up 1.3%

The company has a 50-day moving average of $41.08 and a 200-day moving average of $41.57. The company has a market capitalization of $8.29 billion, a price-to-earnings 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 Announces Dividend

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

About NNN REIT

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.