National Retail Properties Inc. (NYSE:NNN) finished Friday with a subtraction of $0.0 to close at $45.76, a downside of 0.00 percent. An average of 542,580 shares of common stock have been traded in the last five days. There was a gain of $0.25 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 866,955 shares traded, while the 50-day average volume stands at 1,037,026.
NNN stock has decreased by -1.29% in the last month. The company shares reached their 1-month lowest point of $44.71 on 12/22/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $38.05 and a high of $48.90 in 52 weeks. It has reached a new high 3 times so far this year and lost -4.81% or -$2.31 in price. In spite of this, the price is down -6.42% from the 52-week high.
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NNN stock investors should be aware that National Retail Properties Inc. (NNN) stock had its last reported insider trading activity 141 days ago on Aug 12.
National Retail Properties Inc. (NNN) has a trailing price-to-earnings (P/E) ratio of 26.19. The stock’s beta is 0.85. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 10.62, the price-to-book (PB) ratio at 2.02.
The company has a payout ratio of 116.00%. The company’s most recent quarterly dividend payment was $0.55 a share, without any change from last year. Its latest increase dividend $0.02 reported on Friday July 15 2022.
Further, the company has a long term debt to equity ratio of 0.95 and a total debt to equity ratio of 0.95 for the quarter ending September 29. Its gross profit as reported stood at $449.1 million compared to revenue of $726.41 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, National Retail Properties Inc.’s return on assets was 4.20%.
For the three-month period that ended September 29, National Retail Properties Inc. had $10.15 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $88.42 million in the quarter, while revenues of $74.17 million were grew 11.28%. The analyst consensus anticipated National Retail Properties Inc.’s latest quarter earnings to come in at $0.45 per share, but it turned out to be $0.5, a 11.10% surprise. For the quarter, EBITDA amounted to $183.92 million. At the end of the quarter ending September 29, National Retail Properties Inc.’s stock balance sheet showed total debt was $3.8 billion. Shareholders own equity worth $178.73 million.
From a technical analysis perspective, let’s take a brief look at National Retail Properties Inc. (NNN) price momentum. RSI 9-day as of the close on 30 December was 51.18%, suggesting the stock is Neutral, with historical volatility in this time frame at 11.73%.
As of today, NNN’s price is $45.76 +0.55% or $0.25 from its 5-day moving average. NNN is currently trading -0.87% lower than its 20-day SMA and -3.24% lower than its 100-day SMA. However, the stock’s current price level is +16.29% above the SMA50 and +7.39% above the SMA200.
The stochastic %K and %D were 34.49% and 36.61%, respectively, and the average true range (ATR) was 0.78. With the 14-day stochastic at 39.36% and the average true range at 0.81, the RSI (14) stands at 53.30%. The stock has reached 0.00 on the 9-day MACD Oscillator while the 14-day reading was at -0.19.
Oppenheimer launched coverage on National Retail Properties Inc. (NYSE: NNN) in its analyst report released on October 20, 2022. The firm assigned the stock an Outperform rating. The consensus rating for National Retail Properties Inc. (NNN) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NNN, while 8 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.
What is NNN’s price target for the next 12 months?
Analysts predict a range of price targets between $42.00 and $50.00, with a median target of $46.00. Taking a look at these predictions, the average price target given by analysts for National Retail Properties Inc. (NNN) stock is $46.38.