NNN REIT, INC.
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NNN REIT, Inc. announced the results of its 2026 annual stockholder meeting held on May 12, 2026. Shareholders approved the election of seven directors, the advisory compensation of named executive officers, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. All proposals received significant majority support.
NNN REIT, Inc. reported steady financial results for Q1 2026, with total revenues of $240.4 million and net earnings of $94.0 million. The company's property portfolio expanded to 3,711 properties across 50 states, maintaining a high occupancy rate of 98.6%. NNN actively managed its portfolio through new acquisitions totaling $145.4 million and dispositions generating $35.8 million, while also managing its $4.85 billion debt profile and declaring a quarterly dividend of $0.60 per share.
NNN REIT's stock has crossed above its 200-day moving average, trading as high as $45.74 with significant volume. The company recently paid a quarterly dividend of $0.60, yielding 5.3%, though its payout ratio is elevated at 115.94%. Analyst ratings show a consensus of "Reduce" with an average price target of $44.83, suggesting limited upside from its current share price.
