NNN REIT (NYSE:NNN) is a real estate investment trust known for its net lease business model. This model involves leasing properties to tenants who cover most property expenses, ensuring stable cash flow. NNN's diverse tenant base includes businesses resistant to e-commerce disruptions, enhancing its structural resilience. The company competes with other REITs in the market, focusing on long-term growth and stability.
On September 29, 2025, B. Riley adjusted NNN's rating to Neutral, maintaining a hold action. At that time, the stock was priced at $42.44. B. Riley also increased the price target from $43 to $44, as highlighted by TheFly. This adjustment reflects confidence in NNN's potential, despite the current market conditions.
NNN REIT offers a yield of nearly 6%, supported by a 36-year history of consistent dividend growth. This makes it attractive, especially when market valuations are high. The company's robust balance sheet and proactive acquisition strategy position it well for potential interest rate declines, which could lead to yield compression and a rise in stock price.
Currently, NNN's stock is priced at $42.43, showing a slight increase of 0.06, or 0.14%, from the previous session. The stock has traded between $42.22 and $42.62 today. Over the past year, it reached a high of $49.57 and a low of $35.80. NNN's market capitalization stands at approximately $8.01 billion, with a trading volume of 41,868 shares.
NNN's net lease model and diverse tenant base ensure stable cash flow, making it resilient against market fluctuations. The company's strategic positioning and strong financials make it a noteworthy player in the REIT sector, appealing to investors seeking stability and growth.