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National Retail Properties (NYSE:NNN) announced a quarterly dividend on Tuesday, April 15th, Stock Ratings Network reports. Investors of record on Wednesday, April 30th will be paid a dividend of 0.405 per share on Thursday, May 15th. This represents a $1.62 annualized dividend and a dividend yield of 4.77%.

Several analysts have recently commented on the stock. Analysts at Morgan Stanley initiated coverage on shares of National Retail Properties in a research note on Tuesday, April 8th. They set an “overweight” rating and a $38.50 price target on the stock. On a related note, analysts at UBS AG downgraded shares of National Retail Properties from a “neutral” rating to a “sell” rating in a research note on Thursday, April 3rd. They now have a $30.00 price target on the stock, down previously from $33.00. Finally, analysts at FBR Capital Markets downgraded shares of National Retail Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, March 10th. They now have a $36.00 price target on the stock. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $36.94.

National Retail Properties (NYSE:NNN) opened at 33.90 on Tuesday. National Retail Properties has a one year low of $30.01 and a one year high of $41.98. The stock has a 50-day moving average of $34.29 and a 200-day moving average of $32.91. The company has a market cap of $4.136 billion and a P/E ratio of 30.82.

National Retail Properties (NYSE:NNN) last announced its earnings results on Tuesday, February 11th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.02. The company had revenue of $103.60 million for the quarter, compared to the consensus estimate of $100.45 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. Analysts expect that National Retail Properties will post $2.04 EPS for the current fiscal year.

National Retail Properties, Inc (NYSE:NNN) is a fully integrated real estate investment trust (REIT).

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