Equities research analysts forecast that National Retail Properties, Inc. (NYSE:NNN) will announce earnings of $0.64 per share for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for National Retail Properties’ earnings, with the highest EPS estimate coming in at $0.65 and the lowest estimate coming in at $0.63. National Retail Properties posted earnings per share of $0.37 during the same quarter last year, which would indicate a positive year-over-year growth rate of 73%. The company is scheduled to issue its next earnings report on Monday, February 12th.

On average, analysts expect that National Retail Properties will report full-year earnings of $2.53 per share for the current financial year, with EPS estimates ranging from $2.49 to $2.54. For the next financial year, analysts forecast that the company will post earnings of $2.64 per share, with EPS estimates ranging from $2.58 to $2.67. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover National Retail Properties.

National Retail Properties (NYSE:NNN) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.01. National Retail Properties had a return on equity of 8.47% and a net margin of 44.96%. The company had revenue of $147.71 million for the quarter, compared to the consensus estimate of $146.57 million. During the same quarter last year, the business posted $0.61 EPS. National Retail Properties’s revenue for the quarter was up 9.8% on a year-over-year basis.

NNN has been the topic of several recent research reports. B. Riley reaffirmed a “buy” rating on shares of National Retail Properties in a report on Friday, November 3rd. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating on shares of National Retail Properties in a report on Thursday, November 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $46.00 target price on shares of National Retail Properties in a report on Friday, October 20th. Zacks Investment Research raised National Retail Properties from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Wednesday, October 11th. Finally, FBR & Co reaffirmed a “buy” rating and set a $52.00 target price on shares of National Retail Properties in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $47.71.

In other news, CFO Kevin B. Habicht sold 20,664 shares of National Retail Properties stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $42.60, for a total value 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Michelle Lynn Miller sold 750 shares of National Retail Properties stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $43.03, for a total value of $32,272.50. Following the completion of 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. Insiders have sold a total of 821,414 shares of company stock worth $947,559 over the last ninety days. Company insiders own 1.03% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Wells Fargo & Company MN raised its position in shares of National Retail Properties by 3.6% in the 2nd quarter. Wells Fargo & Company MN now owns 1,867,038 shares of the real estate investment trust’s stock worth $73,001,000 after acquiring an additional 64,931 shares in the last quarter. Dupont Capital Management Corp raised its position in shares of National Retail Properties by 29.2% in the 3rd quarter. Dupont Capital Management Corp now owns 105,052 shares of the real estate investment trust’s stock worth $4,376,000 after acquiring an additional 23,761 shares in the last quarter. Swiss National Bank raised its position in shares of National Retail Properties by 2.5% in the 3rd quarter. Swiss National Bank now owns 549,800 shares of the real estate investment trust’s stock worth $22,905,000 after acquiring an additional 13,300 shares in the last quarter. Westpac Banking Corp raised its position in shares of National Retail Properties by 25.1% in the 3rd quarter. Westpac Banking Corp now owns 214,445 shares of the real estate investment trust’s stock worth $8,934,000 after acquiring an additional 43,010 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in National Retail Properties by 26.2% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 50,542 shares of the real estate investment trust’s stock valued at $1,976,000 after buying an additional 10,498 shares in the last quarter. 90.50% of the stock is owned by hedge funds and other institutional investors.

National Retail Properties (NYSE:NNN) opened at $43.13 on Monday. The company has a market capitalization of $6,558.05, a PE ratio of 30.81, a price-to-earnings-growth ratio of 3.54 and a beta of 0.39. National Retail Properties has a twelve month low of $36.45 and a twelve month high of $46.34. The company has a current ratio of 7.66, a quick ratio of 7.66 and a debt-to-equity ratio of 0.86.

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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.

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