NNN Stock Overview
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 6/6 |
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NNN REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$38.82 |
| 52 Week High | US$49.57 |
| 52 Week Low | US$37.55 |
| Beta | 1.1 |
| 1 Month Change | 0.23% |
| 3 Month Change | -9.43% |
| 1 Year Change | -2.63% |
| 3 Year Change | -8.23% |
| 5 Year Change | -31.00% |
| Change since IPO | 278.73% |
Recent News & Updates
NNN REIT: Buy This Dividend Champion On Sale Now
Feb 03NNN REIT: Navigating High Rates With A Rock-Solid 6% Yield
Jan 16Recent updates
NNN REIT: Buy This Dividend Champion On Sale Now
Feb 03NNN REIT: Navigating High Rates With A Rock-Solid 6% Yield
Jan 16My New Year Means Much Bigger Income: NNN REIT
Jan 02NNN REIT: A Luxurious Dip Has Emerged
Dec 24NNN REIT: Valuation Becomes More Tempting
Dec 01NNN REIT: Portfolio Starting To Show Cracks?
Nov 20What Has Just Happened To NNN REIT? I'm In
Nov 01NNN REIT: Collect A 5% Yield From This REIT Powerhouse
Oct 10Why NNN REIT Remains A Top Income Pick
Sep 29NNN Is Breaking Out In Anticipation Of The Rate Cut Cycle
Sep 04Seeking Stability? NNN REIT Will Do The Job, But I Have One Concern
Aug 28NNN REIT: Diverse REIT With Well-Supported Dividend
Aug 05NNN REIT: Here's What To Expect From Upcoming Earnings Release
Jul 27NNN 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 14Buy 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 02Shareholder Returns
| NNN | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | -2.2% | 1.6% | 0.6% |
| 1Y | -2.6% | 13.1% | 22.4% |
Return vs Industry: NNN underperformed the US Retail REITs industry which returned 13.1% over the past year.
Return vs Market: NNN underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| NNN volatility | |
|---|---|
| NNN Average Weekly Movement | 2.8% |
| Retail REITs Industry Average Movement | 2.9% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NNN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NNN'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 September 30, 2024, the company owned 3,549 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 10.0 years. NNN is one of only three publicly traded real estate investment trusts to have increased annual dividends for 35 or more consecutive years.
NNN REIT, Inc. Fundamentals Summary
| NNN fundamental statistics | |
|---|---|
| Market cap | US$7.31b |
| Earnings (TTM) | US$394.95m |
| Revenue (TTM) | US$867.02m |
18.4x
P/E Ratio8.4x
P/S RatioIs NNN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNN 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 NNN perform over the long term?
See historical performance and comparisonDividends
6.0%
Current Dividend Yield70%
Payout RatioDoes NNN pay a reliable dividends?
See NNN dividend history and benchmarks| NNN REIT dividend dates | |
|---|---|
| Ex Dividend Date | Jan 31 2025 |
| Dividend Pay Date | Feb 14 2025 |
| Days until Ex dividend | 7 days |
| Days until Dividend pay date | 7 days |
Does NNN pay a reliable dividends?
See NNN dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:49 |
| End of Day Share Price | 2025/02/06 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
NNN REIT, Inc. is covered by 31 analysts. 13 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 |