- NNN REIT, Inc. (NNN, Financial) reported an impressive 3.6% increase in core FFO per share for Q1 2025.
- The company remains on track for its acquisition target with a notable occupancy rate of 97.7%.
- Wall Street projects a potential 7.82% price appreciation for NNN REIT, Inc. over the next year.
NNN REIT, Inc. (NNN) successfully reported a core FFO per share of $0.86 for the first quarter of 2025, marking a significant 3.6% growth compared to the previous year. This performance underscores the company's strategic momentum. During this period, NNN acquired 82 properties valued at $232 million, aiming to achieve its annual acquisition target of $500 to $600 million. With an impressive occupancy rate of 97.7%, there is anticipation for further improvement.
Wall Street Analysts Forecast
According to price targets from 17 analysts, NNN REIT Inc (NNN, Financial) is projected to reach an average target price of $44.32, with estimates ranging from a high of $48.00 to a low of $41.00. This presents a potential upside of 7.82% from the current trading price of $41.11. For a detailed exploration of these estimates, visit the NNN REIT Inc (NNN) Forecast page.
The consensus recommendation from 19 brokerage firms places NNN REIT Inc's (NNN, Financial) average brokerage recommendation at 2.8, signifying a "Hold" status. The rating scale ranges from 1 to 5, where 1 stands for Strong Buy, and 5 indicates Sell.
Evaluating from GuruFocus estimates, NNN REIT Inc (NNN, Financial)'s projected GF Value for the coming year is $47.43, suggesting a potential upside of 15.37% from the current price of $41.11. The GF Value is a proprietary measure from GuruFocus, estimating the stock's fair trading value based on historical trading multiples, past growth, and future business performance estimates. More comprehensive data is available on the NNN REIT Inc (NNN) Summary page.
