NNN Stock Overview
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 6/6 |
NNN REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$45.15 |
| 52 Week High | US$46.75 |
| 52 Week Low | US$34.38 |
| Beta | 1.05 |
| 11 Month Change | 7.81% |
| 3 Month Change | 10.77% |
| 1 Year Change | 3.60% |
| 33 Year Change | -7.10% |
| 5 Year Change | -13.84% |
| Change since IPO | 340.49% |
Recent News & Updates
NNN REIT: High And Stable Income At A Low Price
Jul 02National Retail Properties: 5.4% Yield, Upcoming Dividend Hike And Cheap
Jun 26NNN REIT: Still A Great Buy For Value And Income
Jun 04Recent updates
NNN REIT: High And Stable Income At A Low Price
Jul 02National Retail Properties: 5.4% Yield, Upcoming Dividend Hike And Cheap
Jun 26NNN REIT: Still A Great Buy For Value And Income
Jun 04NNN REIT: A High-Quality REIT To Buy Now On Sale
Apr 28NNN REIT: A Good Income Producer At A Slight Discount
Apr 04NNN REIT: This Net Lease REIT Continues To Dominate The Sector
Mar 23NNN REIT: A Better Source Of Income Than Money Markets
Feb 20NNN REIT Q4: A Wonderful REIT At A Great Price
Feb 12NNN REIT: A Rare Dividend/Value Pick
Jan 19NNN REIT: A Dividend Aristocrat Worth Buying
Dec 18NNN REIT: This Net Lease King Pays You A Juicy 5.3% Yield
Dec 08Forget Bonds, NNN's 6% Yield Is A Great Deal
Nov 14Better High Yield SWAN: Realty Income Or NNN REIT
Oct 126% Yielding NNN Hasn't Been This Cheap Since The Great Financial Crisis
Sep 11NNN: My First 'Buy' In The REIT, Here's Why
Aug 29Realty Income Vs. NNN REIT: What's The Best REIT To Buy Today?
Aug 08NNN REIT: The 5% Yielding Champion For Dividend Investors
Jul 17NNN REIT: Buy Before The Fed Hits The 'Permanent' Pause Button
Jul 08Why Every Dividend Portfolio Needs A Tim Duncan Stock Like NNN REIT
Jun 12National Retail Properties: A Dividend You Can Count On
Feb 22National Retail Properties Q4 2022 Earnings Preview
Feb 08National Retail Properties declares $0.55 dividend
Jan 13Better High Yield Triple-Net Buy: National Retail Properties Or W. P. Carey
Dec 24Our Models Suggest National Retail Properties Could Surge
Dec 14If EPS Growth Is Important To You, National Retail Properties (NYSE:NNN) Presents An Opportunity
Nov 30
Buy National Retail Properties And Sleep Well At Night
Nov 09National Retail Properties FFO of $0.79 beats by $0.01, revenue of $193.47M beats by $1.46M, raises FY22 FFO outlook
Nov 02National Retail Properties: Trades At A Discount, Yields 5.67%, And Has Provided 33 Consecutive Dividend Increases
Oct 10National Retail Properties: 33 Years In A Row Of Dividend Love
Oct 04National Retail Properties: Stack This 5% Yield Onto Your Dividend Portfolio
Sep 02Better Buy: National Retail Properties' 4.5% Yield Or Realty Income's 3.9%
Aug 02National Retail Properties raises dividend by 3.8% to $0.55
Jul 15National Retail Properties: Durable Portfolio And Dividend Growth
Jun 30Fight Inflation: Forget National Retail Properties, Buy W.P. Carey Instead
Jun 11National Retail Properties: Be Greedy When Others Are Fearful
May 09National Retail Properties: A Real Estate Staple
Mar 30National Retail Properties: Now 5% Yield, Why It's Time To Buy
Feb 10National Retail Is A Solid Company And Freshly Cheap
Jan 28Shareholder Returns
| NNN | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | -1.6% | -1.7% | -2.4% |
| 1Y | 3.6% | 5.2% | 17.5% |
Return vs Industry: NNN matched the US Retail REITs industry which returned 3.6% over the past year.
Return vs Market: NNN underperformed the US Market which returned 17.2% over the past year.
Price Volatility
| NNN volatility | |
|---|---|
| NNN Average Weekly Movement | 2.3% |
| Retail REITs Industry Average Movement | 2.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 14.9% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NNN has not had significant price volatility in the past 3 months.
Volatility Over Time: NNN's weekly volatility (2%) 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
| NNN fundamental statistics | |
|---|---|
| Market cap | US$8.34b |
| Earnings (TTM) | US$395.91m |
| Revenue (TTM) | US$839.41m |
20.9x
P/E Ratio9.9x
P/S RatioIs NNN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNN income statement (TTM) | |
|---|---|
| Revenue | US$839.41m |
| Cost of Revenue | US$28.69m |
| Gross Profit | US$810.72m |
| Other Expenses | US$414.81m |
| Earnings | US$395.91m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 01, 2024
| Earnings per share (EPS) | 2.16 |
| Gross Margin | 96.58% |
| Net Profit Margin | 47.17% |
| Debt/Equity Ratio | 104.1% |
How did NNN perform over the long term?
See historical performance and comparisonDividends
5.0%
Current Dividend Yield69%
Payout RatioDoes NNN pay a reliable dividends?
See NNN dividend history and benchmarks| NNN REIT dividend dates | |
|---|---|
| Ex Dividend Date | Jul 31 2024 |
| Dividend Pay Date | Aug 15 2024 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 19 days |
Does NNN pay a reliable dividends?
See NNN dividend history and benchmarks