National Retail Properties (NYSE:NNN) Given News Impact Rating of 0.22

News articles about National Retail Properties (NYSE:NNN) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Retail Properties earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.8899562535897 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

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Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

Federated Investors Inc /pa/ Modifies Its Holdings in National Retail Properties (NNN) Last Quarter – First News 24 (firstnewspaper24.com)
Textbook Real Estate Finance – Seeking Alpha (seekingalpha.com)
National Retail Properties (NNN) Forecasted to Earn FY2017 Earnings of $2.50 Per Share (americanbankingnews.com)
DA Davidson Brokers Boost Earnings Estimates for National Retail Properties (NYSE:NNN) (americanbankingnews.com)
ING Groep NV Buys Shares of 18143 National Retail Properties (NNN) (campdesrecrues.com)

Shares of National Retail Properties (NYSE NNN) traded up 0.75% during trading on Friday, hitting $40.50. 1,209,611 shares of the stock traded hands. The stock has a 50 day moving average price of $39.31 and a 200-day moving average price of $41.70. National Retail Properties has a 1-year low of $36.45 and a 1-year high of $52.75. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 30.43 and a beta of 0.38.

National Retail Properties (NYSE:NNN) last released its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by $0.29. The business had revenue of $145.55 million for the quarter, compared to the consensus estimate of $142.83 million. National Retail Properties had a return on equity of 8.22% and a net margin of 44.17%. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Equities analysts forecast that National Retail Properties will post $1.53 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.69%. This is a boost from National Retail Properties’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, July 27th. National Retail Properties’s payout ratio is presently 142.86%.

NNN has been the topic of several analyst reports. Zacks Investment Research raised shares of National Retail Properties from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Wednesday. BidaskClub raised shares of National Retail Properties from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $45.67.

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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.