- NNN REIT Inc’s core Funds From Operations (FFO) per share for the fourth quarter was 82 cents, matching the market estimate.
- Compared to the previous year, core FFO per share was down from 85 cents to 82 cents.
- Adjusted Funds From Operations (AFFO) per share remained steady at 82 cents, aligning with the previous year but missed the estimate of 83 cents.
- Total core FFO was $152.7 million, representing a 1% decrease from last year, slightly below the estimated $154 million.
- Revenue for the quarter increased by 1% year-over-year, reaching $218.5 million and exceeding the estimate of $216.8 million.
- Rental income rose by 1.5% year-over-year to $218.3 million, surpassing the forecasted $217 million.
- For 2025, NNN REIT Inc projects core FFO per share in the range of $3.33 to $3.38, closely in line with the analyst estimate of $3.37.
- The 2025 AFFO per share is expected to be between $3.39 and $3.44, with $3.39 meeting current expectations.
- Market sentiment shows 4 buy ratings, 14 hold ratings, and 2 sell ratings for the company’s shares.
A look at National Retail Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| 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
According to Smartkarma Smart Scores, National Retail Properties is positioned favorably for long-term growth and income generation. With a 5 out of 5 score for dividends, the company shows strength in providing consistent and attractive dividend payouts to investors. Additionally, boasting a solid 4 out of 5 score for value and growth, National Retail Properties is viewed positively in terms of its financial health and potential for expansion. However, the company scores lower in resilience, with a 2 out of 5, indicating some vulnerability in uncertain market conditions. Its momentum score of 3 suggests a moderate level of market momentum.
National Retail Properties Inc., known for its focus on acquiring, developing, and managing retail properties, primarily serves customers in the State of Florida. The company’s strong dividend score of 5 highlights its commitment to rewarding shareholders, while its overall solid performance in value and growth bodes well for its future prospects. Despite some resilience concerns and moderate momentum, National Retail Properties appears well-positioned for long-term success in the real estate investment trust sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
