Analyst Ratings for National Retail Properties Inc. (NNN)

Updated: 2017-07-26

National Retail Properties Inc. (NYSE:NNN) was awarded an average rating of Overweight from investment analysts following the stock. NNN had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 6 analysts, 2 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for NNN. The most optimistic analyst gave a price target of 52, implying potential capital gains of 28.81 percent. The minimum price target given was 36, which equates to a potential downside of -10.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.39 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.03 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.79 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.53 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of NNN's earnings is estimated by analysts to be 121.09 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. NNN has a PEG ratio of 0.3.

In the last 52-weeks, NNN has achieved a high of 53.60 and a low of 36.45. Currently the stock is 10.75 percent higher than its low, and below the high by 24.68 percent. NNN has a price/earnings ratio of 35.75. Investors typically compare the P/E ratio to a company's peers in the industry. The NNN value stock report compares NNN to some of its peers using value stock charts. The stock has a market capitalization of $6.01 billion. NNN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.