company background image
NNN logo

NNN REIT NYSE:NNN Stock Report

Last Price

US$41.00

Market Cap

US$7.5b

7D

2.6%

1Y

-9.9%

Updated

21 Feb, 2024

Data

Company Financials +

NNN REIT, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NNN REIT
Historical stock prices
Current Share PriceUS$41.00
52 Week HighUS$46.51
52 Week LowUS$34.38
Beta0.98
1 Month Change-2.03%
3 Month Change3.85%
1 Year Change-9.95%
3 Year Change-10.07%
5 Year Change-21.37%
Change since IPO300.00%

Recent News & Updates

NNN REIT: A Better Source Of Income Than Money Markets

Feb 20

NNN REIT Q4: A Wonderful REIT At A Great Price

Feb 12

Recent updates

NNN REIT: A Better Source Of Income Than Money Markets

Feb 20

NNN REIT Q4: A Wonderful REIT At A Great Price

Feb 12

NNN REIT: A Rare Dividend/Value Pick

Jan 19

NNN REIT: A Dividend Aristocrat Worth Buying

Dec 18

NNN REIT: This Net Lease King Pays You A Juicy 5.3% Yield

Dec 08

Forget Bonds, NNN's 6% Yield Is A Great Deal

Nov 14

Better High Yield SWAN: Realty Income Or NNN REIT

Oct 12

6% Yielding NNN Hasn't Been This Cheap Since The Great Financial Crisis

Sep 11

NNN: My First 'Buy' In The REIT, Here's Why

Aug 29

Realty Income Vs. NNN REIT: What's The Best REIT To Buy Today?

Aug 08

NNN REIT: The 5% Yielding Champion For Dividend Investors

Jul 17

NNN REIT: Buy Before The Fed Hits The 'Permanent' Pause Button

Jul 08

Why Every Dividend Portfolio Needs A Tim Duncan Stock Like NNN REIT

Jun 12

National Retail Properties: A Dividend You Can Count On

Feb 22

National Retail Properties Q4 2022 Earnings Preview

Feb 08

National Retail Properties declares $0.55 dividend

Jan 13

Better High Yield Triple-Net Buy: National Retail Properties Or W. P. Carey

Dec 24

Our Models Suggest National Retail Properties Could Surge

Dec 14

If EPS Growth Is Important To You, National Retail Properties (NYSE:NNN) Presents An Opportunity

Nov 30
If EPS Growth Is Important To You, National Retail Properties (NYSE:NNN) Presents An Opportunity

Buy National Retail Properties And Sleep Well At Night

Nov 09

National Retail Properties FFO of $0.79 beats by $0.01, revenue of $193.47M beats by $1.46M, raises FY22 FFO outlook

Nov 02

National Retail Properties: Trades At A Discount, Yields 5.67%, And Has Provided 33 Consecutive Dividend Increases

Oct 10

National Retail Properties: 33 Years In A Row Of Dividend Love

Oct 04

National Retail Properties: Stack This 5% Yield Onto Your Dividend Portfolio

Sep 02

Better Buy: National Retail Properties' 4.5% Yield Or Realty Income's 3.9%

Aug 02

National Retail Properties raises dividend by 3.8% to $0.55

Jul 15

National Retail Properties: Durable Portfolio And Dividend Growth

Jun 30

Fight Inflation: Forget National Retail Properties, Buy W.P. Carey Instead

Jun 11

National Retail Properties: Be Greedy When Others Are Fearful

May 09

National Retail Properties: A Real Estate Staple

Mar 30

National Retail Properties: Now 5% Yield, Why It's Time To Buy

Feb 10

National Retail Is A Solid Company And Freshly Cheap

Jan 28

National Retail Properties: Time To Bargain Shop

Dec 28

National Retail Properties: Too Dependable To Doubt And Too Cheap To Ignore

Dec 21

National Retail Properties: A Dividend Aristocrat REIT Worth Investing In

Nov 30

National Retail Properties: A Dividend Aristocrat To Help You Sleep At Night

Sep 24

National Retail Properties Gives You The Best Bang For Your Buck

Aug 24

National Retail Properties: Still A Buy After Q2 Earnings

Aug 11

National Retail Properties: 32 Years And Counting

Jul 23

Shareholder Returns

NNNUS Retail REITsUS Market
7D2.6%2.1%-0.5%
1Y-9.9%-1.3%22.3%

Return vs Industry: NNN underperformed the US Retail REITs industry which returned -3% over the past year.

Return vs Market: NNN underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is NNN's price volatile compared to industry and market?
NNN volatility
NNN Average Weekly Movement2.6%
Retail REITs Industry Average Movement3.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: NNN has not had significant price volatility in the past 3 months.

Volatility Over Time: NNN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198482Steve Hornhttps://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

How do NNN REIT's earnings and revenue compare to its market cap?
NNN fundamental statistics
Market capUS$7.48b
Earnings (TTM)US$391.73m
Revenue (TTM)US$828.11m

19.1x

P/E Ratio

9.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NNN income statement (TTM)
RevenueUS$828.11m
Cost of RevenueUS$28.38m
Gross ProfitUS$799.73m
Other ExpensesUS$408.00m
EarningsUS$391.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.15
Gross Margin96.57%
Net Profit Margin47.30%
Debt/Equity Ratio104.9%

How did NNN perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

69%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.