RBC Capital analyst Wes Golladay maintained a Hold rating on National Retail Properties (NYSE:NNN) on Thursday, setting a price target of $35, which is approximately 3.07% below the present share price of $36.11.
Golladay expects National Retail Properties to post earnings per share (EPS) of $0.24 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in National Retail Properties, with an average price target of $39.29.
The analysts price targets range from a high of $45 to a low of $35.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $163.7 million and a net profit of $99.05 million. The company's market cap is $6.27 billion.
According to TipRanks.com, RBC Capital analyst Wes Golladay is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.5% and a 61.17% success rate.
National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment. The company was founded on August 8, 1984 and is headquartered in Orlando, FL.