BNP Paribas Exane Boosts NNN REIT (NYSE:NNN) Price Target to $44.00

NNN REIT (NYSE:NNN) had its target price boosted by investment analysts at BNP Paribas Exane from $43.00 to $44.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “underperform” rating on the real estate investment trust’s stock. BNP Paribas Exane’s target price would indicate a potential upside of 2.03% from the company’s current price.

NNN has been the subject of several other research reports. Evercore reduced their price target on shares of NNN REIT from $44.00 to $43.00 and set an “in-line” rating for the company in a research report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of NNN REIT in a research report on Thursday, January 22nd. Stifel Nicolaus set a $48.50 price target on shares of NNN REIT in a research note on Wednesday. Wells Fargo & Company lifted their price target on shares of NNN REIT from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, B. Riley Financial reissued a “neutral” rating and set a $43.00 price objective (down from $44.00) on shares of NNN REIT in a report on Friday, November 14th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, NNN REIT currently has a consensus rating of “Reduce” and a consensus target price of $44.44.

NNN REIT Stock Performance

Shares of NNN opened at $43.13 on Thursday. The stock has a 50 day moving average of $41.02 and a 200 day moving average of $41.55. The company has a market capitalization of $8.19 billion, a price-to-earnings ratio of 20.73, a PEG ratio of 3.08 and a beta of 0.86. NNN REIT has a 12 month low of $35.80 and a 12 month high of $44.23. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 1.10.

NNN REIT (NYSE:NNN) last announced its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.35). NNN REIT had a net margin of 43.22% and a return on equity of 8.95%. The business had revenue of $238.40 million during the quarter, compared to the consensus estimate of $233.37 million. During the same quarter last year, the company earned $0.82 EPS. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. NNN REIT has set its FY 2026 guidance at 3.470-3.530 EPS. As a group, sell-side analysts forecast that NNN REIT will post 3.33 earnings per share for the current year.

Institutional Trading of NNN REIT

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Amalgamated Bank grew its holdings in NNN REIT by 0.4% during the 3rd quarter. Amalgamated Bank now owns 86,483 shares of the real estate investment trust’s stock valued at $3,682,000 after buying an additional 311 shares in the last quarter. Parallel Advisors LLC grew its stake in NNN REIT by 11.0% during the third quarter. Parallel Advisors LLC now owns 5,713 shares of the real estate investment trust’s stock valued at $243,000 after acquiring an additional 567 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in NNN REIT by 1.0% during the 4th quarter. Handelsbanken Fonder AB now owns 67,800 shares of the real estate investment trust’s stock worth $2,687,000 after acquiring an additional 700 shares during the period. Fiduciary Alliance LLC lifted its stake in 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 stake in NNN REIT in the 3rd quarter worth approximately $51,000. 89.96% of the stock is currently owned by institutional investors.

NNN REIT News Roundup

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

• Positive Sentiment: Q4 results beat expectations — NNN reported FFO/EPS of $0.87 versus consensus ~$0.86 and revenue of $238.4M (up ~9% YoY), indicating organic growth and margin resilience. NNN REIT, Inc. Announces 2025 Annual Results and Initial 2026 Guidance
• Positive Sentiment: Full‑year 2026 EPS guidance was raised/provided at $3.470–$3.530, well above prior Street estimates cited (~$2.60), signaling management expects stronger earnings performance next year. NNN REIT, Inc. Announces 2025 Annual Results and Initial 2026 Guidance
• Positive Sentiment: Acquisition activity ramp — NNN disclosed a record ~$900M of acquisitions, showing capital deployment to grow the portfolio and support future AFFO. NNN REIT outlines 2026 AFFO per share growth target of 3.2% as acquisition volume hits record $900M
• Neutral Sentiment: Full conference call transcript and slide deck are available for detail on lease expirations, rent bumps, and acquisition underwriting — useful for modeling forward AFFO and payout sustainability. NNN REIT NNN Q4 2025 Earnings Call Transcript
• Negative Sentiment: AFFO per share growth target is modest — management outlined a 2026 AFFO per share growth target of ~3.2%, which may disappoint growth‑oriented investors and help explain muted share reaction despite the beats and guidance. NNN REIT outlines 2026 AFFO per share growth target of 3.2% as acquisition volume hits record $900M

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.