NNN REIT

NNN REIT appoints Christina Chiu and Charles "Chaz" D. Mueller, Jr. to the board of directors effective October 1, 2026, as part of succession planning ahead of Betsy D. Holden’s departure in February 2027. Chiu joins from Empire State Realty Trust and brings extensive experience in CFO/COO and real‑assets roles; Mueller has more than three decades of leadership experience in the residential sector, most recently as CEO of Progress Residential. As of June 30, 2026, NNN REIT owned 3,774 properties totaling about 40.4 million square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years. » Więcej na de.investing.com

NNN REIT reported Q2 2026 EPS of $0.52 and revenue of $244.26 million, both slightly above consensus. AFFO and core FFO per share rose by about 6% and occupancy improved to 99.1%. Management raised the full-year guidance, increased expected acquisitions to $750 million and lowered expected loan losses to about 40 basis points. The stock barely moved and is trading near the top of its 52-week range. » Więcej na de.investing.com

NNN REIT’s stock reached a new 52-week high of $47.64 and is up about 22% year-to-date. The company has raised its dividend for 36 consecutive years and currently offers a yield of 5.11%. In Q1 2026 revenue beat expectations at $240.42 million, but earnings per share narrowly missed the forecast at $0.50. NNN REIT increased its unsecured credit facility from $300 million to $500 million; Jefferies rates the stock as “Hold” with a $47.00 price target, while an InvestingPro valuation classifies the stock as overvalued. » Więcej na de.investing.com