If You Invested $10,000 In NNN REIT Inventory 10 Years In the past, How A lot Would You Have Now?

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NNN REIT, Inc. (NYSE:NNN) invests primarily in high-quality retail properties usually topic to long-term, web leases. As of Dec. 31, 2023, the corporate owned 3,532 properties in 49 states, with a gross leasable space of roughly 36.0 million sq. ft and a weighted common remaining lease time period of 10.1 years.

It’s set to report its This fall 2024 earnings on Feb. 6, 2025. Wall Avenue analysts count on the corporate to publish an EPS of $0.85, unchanged from the year-ago interval. In accordance with Benzinga Professional, quarterly income is anticipated to succeed in $219.27 million, up from $216.23 million within the earlier yr.

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The corporate’s inventory traded at roughly $39.25 per share 10 years in the past. Should you had invested $10,000, you could possibly have purchased roughly 255 shares. At the moment, shares commerce at $41.88, that means your funding’s worth may have grown to $10,670 from inventory value appreciation alone. Nevertheless, NNN REIT additionally paid dividends throughout these 10 years.

NNN REIT’s dividend yield is at present 5.54%. Over the past 10 years, it has paid about $20.18 in dividends per share, which implies you could possibly have made $5,141 from dividends alone.

Summing up $10,670 and $5,141, we find yourself with the ultimate worth of your funding, which is $15,811. That is how a lot you could possibly have made should you had invested $10,000 in NNN REIT inventory 10 years in the past. This implies a complete return of 58.11%. Nevertheless, this determine is considerably lower than the S&P 500 complete return for a similar interval, which is 233.36%.

See Additionally: Warren Buffett as soon as stated, “Should you do not discover a approach to make cash whilst you sleep, you’ll work till you die.” These high-yield actual property notes that pay 7.5% – 9% make incomes passive earnings simpler than ever.

NNN REIT has a consensus score of “Impartial” and a value goal of $46.82, based mostly on the rankings of 19 analysts. The worth goal implies greater than 11% potential upside from the present inventory value.

On Oct. 31, the corporate introduced its Q3 2024 earnings, posting an FFO of $0.84, in comparison with the consensus estimate of $0.83 and revenues of $218.564 million, in comparison with the consensus of $215.15 million, as reported by Benzinga.

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