NNN

In the past six months, NNN REIT, Inc.'s stock price has been influenced by several key events. Federal Reserve interest rate hikes negatively impacted REITs, including NNN, leading to a stock price drop of over 16% since mid-July 2026. On August 5, 2026, NNN REIT announced strong second-quarter 2026 results, with Adjusted Funds From Operations (AFFO) of $0.90 per share, a 5.9% year-over-year increase, and revenue of $244.3 million, exceeding analyst estimates, which led to the company raising its 2026 AFFO per share guidance for the second time to $3.55 to $3.59. On July 15, 2026, NNN REIT declared a quarterly dividend of 62 cents per share, marking its 37th consecutive annual dividend increase, a 3.3% rise. Board succession planning was announced on August 17, 2026, with Christina Chiu and Charles D. Mueller, Jr. joining the Board of Directors effective October 1, 2026. On June 23, 2026, the company announced a $200 million incremental term loan and an amendment to its term loan and credit facility pricing. Additionally, Morgan Stanley upgraded NNN REIT's rating to "Overweight" on October 4, 2023, indicating positive sentiment.