- NNN REIT’s core FFO per share for the second quarter was 84 cents, beating the estimate of 83 cents, and is consistent with the year-over-year (y/y) figure.
- The AFFO per share also surpassed expectations, recorded at 85 cents compared to the estimate of 84 cents and 84 cents y/y.
- The core FFO totalled $157.4 million, showing a growth of 3.2% y/y, outperforming the estimate of $156.7 million.
- Total revenue reached $226.8 million, marking a 4.6% increase y/y and exceeding the estimated $224.1 million.
- Rental income increased by 4.8% y/y, amounting to $226.5 million, topping the forecast of $225.6 million.
- The company revised its 2025 Core FFO and AFFO per share guidance midpoint upward by $0.01.
- There was an increase in 2025 acquisition volume guidance of $100 million.
- The stock is currently rated with 3 buys, 14 holds, and 3 sells by analysts.
A look at National Retail Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, National Retail Properties shows a strong performance in several key areas. With a top score of 5 in Dividend and a solid score of 4 in Growth, the company demonstrates a commitment to providing steady returns to its investors while also focusing on expanding its portfolio. Additionally, receiving a score of 3 in both Value and Resilience indicates a balanced approach to managing risk and maintaining a competitive position in the market. Although Momentum scored a 3, showcasing moderate short-term performance, the overall outlook for National Retail Properties looks promising for long-term investors.
National Retail Properties Inc., a real estate investment trust specializing in retail properties, appears well-positioned for the future. By prioritizing dividends and growth opportunities, the company aims to deliver value to its shareholders while ensuring resilience against market fluctuations. Operating primarily in Florida, National Retail Properties showcases a focused approach to property acquisition and management. With a mix of strong dividend performance, solid growth prospects, and a commitment to maintaining value and resilience, National Retail Properties presents a compelling option for investors seeking stability and potential long-term gains.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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