NNN REIT Lifts 2026 Core FFO Outlook to $3.50-$3.54
NNN sits 21% above its 52-week low of $38.9.
Summary
NNN REIT raised its 2026 Core FFO guidance to $3.50-$3.54 per share, up from prior expectations, and also provided an adjusted FFO outlook of $3.55-$3.59 per share. The company reported Q2 2026 Core FFO of $0.89 per share, a 6% year-over-year increase, and beat revenue estimates. The guidance raise signals management's confidence in sustained rental income growth despite rising real estate impairments noted in the 10-Q. NNN REIT recently expanded its term loan facility to $500 million, providing additional financial flexibility.
At the time of this announcement, NNN was trading at $47.17 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $9B. The 52-week trading range was $38.90 to $50.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.