Can NNN maintain its EPS momentum into 2025?

**NNN's EPS momentum into 2025 is likely to be maintained but with some considerations**:

1. **Current Performance and Expectations**: NNN REIT's recent EPS has shown a positive trend, with the most recent reported EPS being $0.52 for Q4 2024, which exceeded estimates. Wall Street analysts expect the company to post EPS of $0.83 in Q1 2025, which is consistent with the figure in the year-ago period.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|NNN|NNN.N|NNN REIT|2022 Q1|53.33333333333334|0.46|169|
|NNN|NNN.N|NNN REIT|2022 Q2|7.6923076923076845|0.42|169|
|NNN|NNN.N|NNN REIT|2022 Q3|11.111111111111107|0.5|169|
|NNN|NNN.N|NNN REIT|2023 Q1|8.69565217391304|0.5|169|
|NNN|NNN.N|NNN REIT|2023 Q2|28.571428571428587|0.54|169|
|NNN|NNN.N|NNN REIT|2023 Q3|17.999999999999993|0.59|169|
|NNN|NNN.N|NNN REIT|2024 Q1|4.0000000000000036|0.52|169|
|NNN|NNN.N|NNN REIT|2024 Q2|7.407407407407393|0.58|169|
|NNN|NNN.N|NNN REIT|2024 Q3|-10.16949152542372|0.53|169|

2. **Financial Guidance and Historical Performance**: The company has provided guidance for Core FFO and AFFO for 2025, ranging from $3.33 to $3.38 per share and $3.39 to $3.44 per share, respectively. NNN has a history of dividend growth, with annual dividends increasing for 35 consecutive years. The dividend yield is 5.42%, indicating a stable income stream.
3. **Market Sentiment and Forecasts**: The Fear & Greed Index is showing 39 (Fear), indicating a neutral to slightly negative sentiment. However, the 52-week range of NNN REIT stock price was $37.55 to $49.57, with a current price of $42.36, suggesting a potential for price increase. Forecasts for NNN stock predict a potential price of $44.09 by May 2, 2025, reflecting a 3.74% increase from the current price.
4. **Challenges and Risks**: NNN faces challenges such as tenant reliability risks and potential impacts from interest rate cycles. However, the company's diversified property portfolio and consistent dividend history suggest resilience in the face of these challenges.

In conclusion, while NNN's EPS momentum into 2025 is likely to be maintained due to positive financial performance, guidance, and market forecasts, investors should remain aware of potential challenges and market conditions that could impact EPS.