NNN’s balance sheet remains strong, the company continues to build long-lasting relationships with preeminent national and regional retailers, and its nationwide property holdings remain 99% occupied. Advisor Access spoke with Jay Whitehurst, chief executive officer and president of National Retail Properties, about the company’s remarkable record of returns and its ability to withstand market disruptions such as COVID-19.
At this time, it is my pleasure to turn the floor over to your host, Mr. Jay Whitehurst, President and CEO. Joining me on this call is our Chief Financial Officer, Kevin Habicht. With that sobering perspective in mind, today's first quarter earnings release reflected another steady consistent quarter for National Retail Properties with high occupancy, continued transaction activity, and a very well-timed issuance of 10-year and 30-year debt that raised $700 million.
Yahoo Finance’s Sibile Marcellus joins Seana Smith to break down a new study from LinkedIn revealing how the coronavirus is impacting hiring in the retail industry.
National Retail Properties (NNN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
A cloudy outlook for the retail REIT seems to be keeping investors away from the stock despite some encouraging quarterly numbers.
National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it is notifying holders of its 3.80% Notes due 2022 ("Notes") that the Company will redeem all outstanding Notes on March 20, 2020. The Notes will be redeemed in cash at a price equal to 100% of the principal amount of Notes being redeemed, plus a Make-Whole Amount of $ 16,679,310.14, plus accrued and unpaid interest to, but excluding, March 20, 2020. As of February 19, 2020, approximately $325 million aggregate principal amount of Notes remained outstanding.
National Retail Properties (NNN) delivered FFO and revenue surprises of 0.00% and 0.10%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shoppers nationwide are crowding grocery stores and big-box warehouses looking to stock up on supplies as they prepare to ride out the deadly coronavirus. Oppenheimer Senior Analyst Rupesh Parikh joins On the Move with the details.
National Retail Properties Inc tops the list Continue reading...
Nobody likes to see a dividend get cut, but don't take Global Net Lease's cut as a sign that similar REITs are going to cut too.
Q4 2019 National Retail Properties Inc Earnings Call
National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter ended March 31, 2020. Highlights include:
National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it has priced its public offering of $400,000,000 of 2.500% senior unsecured notes due 2030 (the "2030 notes") and $300,000,000 of 3.100% senior unsecured notes due 2050 (the "2050 notes" and, together with the 2030 notes, the "notes"). The 2030 notes were offered at 99.678% of the principal amount with a yield to maturity of 2.536%. The 2050 notes were offered at 97.978% of the principal amount with a yield to maturity of 3.205%. Interest on the notes will be payable semi-annually on April 15 and October 15 of each year, commencing October 15, 2020. The 2030 notes mature on April 15, 2030. The 2050 notes mature on April 15, 2050. The offering is expected to close on or about March 3, 2020, subject to customary closing conditions.
This net-lease REIT with a focus on retail has some big problems to deal with, but it appears to have what it takes to survive. Here's why.
Q1 2020 National Retail Properties Inc Earnings Call
The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 51.5 cents per share payable May 15, 2020 to common shareholders of record on April 30, 2020. National Retail Properties has increased its annual dividend paid every year for 30 consecutive years. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 30 or more consecutive years.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
National Retail Properties (NNN) delivered FFO and revenue surprises of 0.00% and 1.17%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can...
Employees who enjoy working in the retail sector often change jobs, typically for one that pays a higher salary.