|Bid||33.20 x 900|
|Ask||34.79 x 800|
|Day's Range||32.40 - 34.92|
|52 Week Range||24.04 - 59.26|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||22.62|
|Earnings Date||Jul 30, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||2.06 (6.24%)|
|Ex-Dividend Date||Apr 29, 2020|
|1y Target Est||43.25|
Nobody likes to see a dividend get cut, but don't take Global Net Lease's cut as a sign that similar REITs are going to cut too.
A cloudy outlook for the retail REIT seems to be keeping investors away from the stock despite some encouraging quarterly numbers.
At this time, it is my pleasure to turn the floor over to your host, Mr. Jay Whitehurst, President and CEO. Joining me on this call is our Chief Financial Officer, Kevin Habicht. With that sobering perspective in mind, today's first quarter earnings release reflected another steady consistent quarter for National Retail Properties with high occupancy, continued transaction activity, and a very well-timed issuance of 10-year and 30-year debt that raised $700 million.
National Retail Properties (NNN) delivered FFO and revenue surprises of 0.00% and 0.10%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter ended March 31, 2020. Highlights include:
National Retail Properties (NNN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Yahoo Finance’s Sibile Marcellus joins Seana Smith to break down a new study from LinkedIn revealing how the coronavirus is impacting hiring in the retail industry.
Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can...
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. 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.
NNN’s balance sheet remains strong, the company continues to build long-lasting relationships with preeminent national and regional retailers, and its nationwide property holdings remain 99% occupied. Advisor Access spoke with Jay Whitehurst, chief executive officer and president of National Retail Properties, about the company’s remarkable record of returns and its ability to withstand market disruptions such as COVID-19.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Shoppers nationwide are crowding grocery stores and big-box warehouses looking to stock up on supplies as they prepare to ride out the deadly coronavirus. Oppenheimer Senior Analyst Rupesh Parikh joins On the Move with the details.
National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it is notifying holders of its 3.80% Notes due 2022 ("Notes") that the Company will redeem all outstanding Notes on March 20, 2020. The Notes will be redeemed in cash at a price equal to 100% of the principal amount of Notes being redeemed, plus a Make-Whole Amount of $ 16,679,310.14, plus accrued and unpaid interest to, but excluding, March 20, 2020. As of February 19, 2020, approximately $325 million aggregate principal amount of Notes remained outstanding.
National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it has priced its public offering of $400,000,000 of 2.500% senior unsecured notes due 2030 (the "2030 notes") and $300,000,000 of 3.100% senior unsecured notes due 2050 (the "2050 notes" and, together with the 2030 notes, the "notes"). The 2030 notes were offered at 99.678% of the principal amount with a yield to maturity of 2.536%. The 2050 notes were offered at 97.978% of the principal amount with a yield to maturity of 3.205%. Interest on the notes will be payable semi-annually on April 15 and October 15 of each year, commencing October 15, 2020. The 2030 notes mature on April 15, 2030. The 2050 notes mature on April 15, 2050. The offering is expected to close on or about March 3, 2020, subject to customary closing conditions.
National Retail Properties (NNN) delivered FFO and revenue surprises of 0.00% and 1.17%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced operating results for the quarter and year ended December 31, 2019. Highlights include:
Although REITs are likely to have gained from healthy job-market and low interest rates in Q4, underlying asset categories and location of properties play key roles in determining their performances.
The REIT has a long history of paying dividends that have survived multiple recessions and has solid future business prospects. That said, shares are overvalued today Continue reading...
National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that 86.8423% of the dividends paid to common shareholders, 100.0% of the dividends paid to shareholders of its Preferred Series E and 100.0% of the dividends paid to shareholders of its Preferred Series F in 2019 are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock and preferred series' dividends paid per share are outlined below.
Jay Whitehurst has been the CEO of National Retail Properties, Inc. (NYSE:NNN) since 2017. This analysis aims first to...