Is National Retail Properties a buy?
John Peck
National Retail Properties has received a consensus rating of Buy. The company’s average rating score is 2.71, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Is NNN a reit?
National Retail Properties, Inc. is a real estate investment trust traded on the New York Stock Exchange under the ticker symbol “NNN.” We own a diversified portfolio of freestanding retail stores across the United States.
What does national Retail Properties do?
For National Retail Properties, good things come in big boxes. The self-administered real estate investment trust (REIT) acquires, develops, and manages freestanding retail properties in heavily traveled commercial and residential areas.
Should I buy NNN?
NNN leases are considered to be one of the most secure investment opportunities. This is because, similar to bonds, single-tenant net-leased properties provide steady and predictable returns over time.
What does no triple net mean?
What Is a Triple Net Lease? A triple net lease (triple-Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property including real estate taxes, building insurance, and maintenance.
Who owns National Retail Properties?
National Retail Properties
| Type | Public company |
|---|---|
| Key people | Julian E. Whitehurst, CEO & President Don DeFosset, Chairman Kevin B. Habicht, CFO |
| Products | Freestanding retail properties |
| Revenue | $0.674 billion (2019) |
| Net income | $0.299 billion (2019) |
What is the stock price of National Retail Properties?
Their predictions range from $55.00 to $75.00. On average, they anticipate National Retail Properties’ share price to reach $60.33 in the next twelve months. This suggests a possible upside of 5.1% from the stock’s current price. View Analyst Price Targets for National Retail Properties.
When is National Retail Properties annual meeting of stockholders?
National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that it will webcast its Annual Meeting of stockholders on Wednesday, May 12, 2021 at 8:30 a.m., to minimize risk from the novel coronavirus (COVID-19) to stockholders, employees and the community.
Who is the CEO of National Retail Properties?
NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 30 or more consecutive years. National Retail Properties President & CEO, Jay Whitehurst Interviewed by Advisor Access.
When is national retail properties going to pay dividend?
The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 51.5 cents per share payable May 15, 2020 to common shareholders of record on April 30, 2020. National Retail Properties has increased its annual dividend paid every year for 30 consecutive years.