Should you had invested $10,000 in NNN REIT inventory 10 years in the past, how a lot would you’ve now?

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

The corporate is anticipated to report its fourth quarter 2024 outcomes on February 6, 2025. Wall Avenue analysts anticipate the corporate to publish EPS of $0.85, unchanged from final yr. Quarterly income is anticipated to achieve $219.27 million, up from $216.23 million a yr earlier, in response to Benzinga Professional.

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The corporate’s inventory was buying and selling at round $39.25 per share 10 years in the past. Should you had invested $10,000, you could possibly have bought roughly 255 shares. At the moment, shares are buying and selling at $41.88, that means the worth of your funding may have reached $10,670 from inventory value appreciation alone. Nonetheless, NNN REIT additionally paid dividends throughout these 10 years.

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

By including $10,670 and $5,141, we get the ultimate worth of your funding, which is $15,811. That is what you could possibly have earned if you happen to invested $10,000 in NNN REIT inventory 10 years in the past. This implies a complete return of 58.11%. Nonetheless, this determine is considerably decrease than the S&P 500’s complete return for a similar interval, which is 233.36%.

See additionally: Warren Buffett as soon as mentioned, “Should you do not discover a solution to make cash whilst you sleep, you’ll work till you die.” » These high-yielding real estate notes that earn between 7.5% and 9% make it easier than ever to earn passive income.

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

On October 31, the corporate reported its third quarter 2024 outcomes, exhibiting FFO of $0.84, versus the consensus estimate of $0.83, and income of $218.564 million, versus the consensus of $215.15 million, as reported by On gasoline.

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