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NYSE:NLOP

Net Lease Office Properties (NLOP) Stock Price, News & Analysis

$29.55
+0.09 (+0.31%)
(As of 09/6/2024 ET)
Today's Range
$28.82
$29.66
50-Day Range
$23.68
$30.85
52-Week Range
$9.50
$50.00
Volume
167,966 shs
Average Volume
247,802 shs
Market Capitalization
$436.90 million
P/E Ratio
N/A
Dividend Yield
1.15%
Price Target
$46.00

Net Lease Office Properties MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
55.7% Upside
$46.00 Price Target
Short Interest
Bearish
16.26% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.74 out of 5 stars

Finance Sector

708th out of 871 stocks

Real Estate Investment Trusts Industry

140th out of 178 stocks

NLOP stock logo

About Net Lease Office Properties Stock (NYSE:NLOP)

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.

NLOP Stock Price History

NLOP Stock News Headlines

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Understanding Net Lease REITs: Portfolio Quality
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
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Net Lease Office Properties - Special Situation
See More Headlines
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Company Calendar

Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.00
High Stock Price Target
$46.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+55.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-131,750,000.00
Pretax Margin
-89.24%

Debt

Sales & Book Value

Annual Sales
$172.53 million
Cash Flow
$0.81 per share
Book Value
$44.95 per share

Miscellaneous

Free Float
N/A
Market Cap
$436.90 million
Optionable
Optionable
Beta
N/A
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NLOP Stock Analysis - Frequently Asked Questions

How have NLOP shares performed this year?

Net Lease Office Properties' stock was trading at $18.48 at the start of the year. Since then, NLOP stock has increased by 59.9% and is now trading at $29.55.
View the best growth stocks for 2024 here
.

Who are Net Lease Office Properties' major shareholders?

Top institutional shareholders of Net Lease Office Properties include Dimensional Fund Advisors LP (1.30%), Meros Investment Management LP (1.03%), Renaissance Technologies LLC (0.82%) and SG Americas Securities LLC (0.74%).
View institutional ownership trends
.

How do I buy shares of Net Lease Office Properties?

Shares of NLOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NLOP) was last updated on 9/7/2024 by MarketBeat.com Staff

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