CZ2 Stock Overview
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
NNN REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.34 |
| 52 Week High | US$45.33 |
| 52 Week Low | US$36.70 |
| Beta | 1.1 |
| 1 Month Change | -7.05% |
| 3 Month Change | -13.86% |
| 1 Year Change | -5.59% |
| 3 Year Change | -9.59% |
| 5 Year Change | -22.85% |
| Change since IPO | 26.39% |
Recent News & Updates
Recent updates
Shareholder Returns
| CZ2 | DE Retail REITs | DE Market | |
|---|---|---|---|
| 7D | -3.9% | 0.8% | 2.0% |
| 1Y | -5.6% | 4.5% | 9.6% |
Return vs Industry: CZ2 underperformed the German Retail REITs industry which returned 4.5% over the past year.
Return vs Market: CZ2 underperformed the German Market which returned 9.6% over the past year.
Price Volatility
| CZ2 volatility | |
|---|---|
| CZ2 Average Weekly Movement | 2.8% |
| Retail REITs Industry Average Movement | 2.2% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.7% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: CZ2 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: CZ2's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 82 | Steve Horn | www.nnnreit.com |
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2023, the company owned 3,532 properties in 49 states with a gross leasable area of approximately 36.0 million square feet and a weighted average remaining lease term of 10.1 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 or more consecutive years.
NNN REIT, Inc. Fundamentals Summary
| CZ2 fundamental statistics | |
|---|---|
| Market cap | €7.04b |
| Earnings (TTM) | €382.87m |
| Revenue (TTM) | €840.48m |
18.5x
P/E Ratio8.4x
P/S RatioIs CZ2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CZ2 income statement (TTM) | |
|---|---|
| Revenue | US$867.02m |
| Cost of Revenue | US$29.41m |
| Gross Profit | US$837.60m |
| Other Expenses | US$442.65m |
| Earnings | US$394.95m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 11, 2025
| Earnings per share (EPS) | 2.11 |
| Gross Margin | 96.61% |
| Net Profit Margin | 45.55% |
| Debt/Equity Ratio | 100.1% |
How did CZ2 perform over the long term?
See historical performance and comparisonDividends
6.0%
Current Dividend Yield70%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 01:33 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NNN REIT, Inc. is covered by 30 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Richard Hightower | Barclays |
| Nathan Crossett | BNP Paribas Exane |