National Retail Properties (NNN) Set to Announce Earnings on Monday
National Retail Properties (NYSE:NNN) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, February 12th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.
Shares of National Retail Properties (NYSE NNN) opened at $37.29 on Friday. The company has a quick ratio of 7.66, a current ratio of 7.66 and a debt-to-equity ratio of 0.86. The stock has a market cap of $5,790.00, a price-to-earnings ratio of 30.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.28. National Retail Properties has a 12-month low of $36.45 and a 12-month high of $46.34.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be given a $0.475 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.90 annualized dividend and a yield of 5.10%. National Retail Properties’s dividend payout ratio is 155.74%.
In other news, CFO Kevin B. Habicht sold 20,664 shares of National Retail Properties stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $42.60, for a total transaction of $880,286.40. Following the sale, the chief financial officer now directly owns 125,722 shares in the company, valued at approximately $5,355,757.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Michelle Lynn Miller sold 750 shares of National Retail Properties stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $43.03, for a total transaction of $32,272.50. Following the sale, the executive vice president now owns 20,517 shares in the company, valued at $882,846.51. The disclosure for this sale can be found here. 1.03% of the stock is currently owned by insiders.
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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