National Retail Properties (NNN) Scheduled to Post Earnings on Monday
National Retail Properties (NYSE:NNN) will post its quarterly earnings results before the market opens on Monday, February 12th. Analysts expect National Retail Properties to post earnings of $0.33 per share for the quarter.
National Retail Properties (NYSE:NNN) opened at $37.29 on Friday. National Retail Properties has a 1-year low of $36.45 and a 1-year high of $46.34. The company has a debt-to-equity ratio of 0.86, a current ratio of 7.66 and a quick ratio of 7.66. The stock has a market cap of $5,700.48, a PE ratio of 26.64, a price-to-earnings-growth ratio of 2.95 and a beta of 0.28.
The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be issued a $0.475 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.90 dividend on an annualized basis and a yield of 5.10%. National Retail Properties’s dividend payout ratio (DPR) is presently 135.72%.
In other news, CFO Kevin B. Habicht sold 20,664 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $42.60, for a total transaction of $880,286.40. Following the completion of the transaction, the chief financial officer now directly owns 125,722 shares of the company’s stock, valued at approximately $5,355,757.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Michelle Lynn Miller sold 750 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $43.03, for a total transaction of $32,272.50. Following the transaction, the executive vice president now directly owns 20,517 shares of the company’s stock, valued at $882,846.51. The disclosure for this sale can be found here. Company insiders own 1.03% of the company’s stock.
WARNING: “National Retail Properties (NNN) Scheduled to Post Earnings on Monday” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.thecerbatgem.com/2018/02/10/national-retail-properties-nnn-scheduled-to-post-earnings-on-monday.html.
About National Retail Properties
National Retail Properties, Inc is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. As of December 31, 2016, it owned 2,535 properties with an aggregate gross leasable area of approximately 27,204,000 square feet, located in 48 states.
Receive News & Ratings for National Retail Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Retail Properties and related companies with MarketBeat.com's FREE daily email newsletter.