NNN REIT (NNN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $42.05 to $42.93
• 50-Day Range: $41.19 to $44.08
• 52-Week Range: $35.80 to $49.57
• Volume: 1.68 million shs
• Average Volume: 1.28 million shs
• Market Capitalization: $7.92 billion
• P/E Ratio: 19.71
• Dividend Yield: 5.69%
• Price Target: $44.38
• Consensus Rating: Hold

NNN REIT Stock Analysis - MarketRank™

NNN REIT scored higher than 74% of companies evaluated by MarketBeat, and ranked 969th out of 1,828 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

NNN REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 10 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

NNN REIT has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.41%

Earnings Growth

Earnings for NNN REIT are expected to grow by 5.41% in the coming year, from $3.33 to $3.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NNN REIT is 19.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of NNN REIT is 19.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.90.

Price to Earnings Growth Ratio

NNN REIT has a PEG Ratio of 3.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NNN REIT has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.71% of the outstanding shares of NNN REIT have been sold short.

Short Interest Ratio / Days to Cover

NNN REIT has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in NNN REIT has recently decreased by 4.86%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

NNN REIT is a leading dividend payer. It pays a dividend yield of 5.71%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NNN REIT has been increasing its dividend for 35 years.

Dividend Coverage

The dividend payout ratio of NNN REIT is 112.15%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, NNN REIT will have a dividend payout ratio of 68.38% next year. This indicates that NNN REIT will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.55

Percentage of Shares Shorted

2.71% of the outstanding shares of NNN REIT have been sold short.

Short Interest Ratio / Days to Cover

NNN REIT has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in NNN REIT has recently decreased by 4.86%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.69

News Sentiment

NNN REIT has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for NNN REIT this week, compared to 6 articles on an average week.

Search Interest

36 people have searched for NNN on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

4 people have added NNN REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NNN REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.90% of the stock of NNN REIT is held by insiders.

Percentage Held by Institutions

89.96% of the stock of NNN REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NNN Stock Analysis - Frequently Asked Questions

How have NNN shares performed this year?

NNN REIT's stock was trading at $40.85 at the start of the year. Since then, NNN shares have increased by 3.9% and is now trading at $42.44.

How were NNN REIT's earnings last quarter?

NNN REIT, Inc. (NYSE:NNN) released its quarterly earnings results on Tuesday, August, 5th. The real estate investment trust reported $0.85 EPS for the quarter, hitting analysts' consensus estimates of $0.85. The company's revenue was up 4.6% on a year-over-year basis.
Read the conference call transcript.

Who are NNN REIT's major shareholders?

Top institutional shareholders of NNN REIT include Sound Income Strategies LLC (0.22%), Red Spruce Capital LLC (0.03%), Adams Asset Advisors LLC (0.02%) and Jeppson Wealth Management LLC (0.01%). Insiders that own company stock include Kevin B Habicht, Christopher Paul Tessitore, Michelle Lynn Miller and Jonathan Adamo.
View institutional ownership trends.

How do I buy shares of NNN REIT?

Shares of NNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NNN REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NNN REIT investors own include Verizon Communications (VZ), Realty Income (O), Enterprise Products Partners (EPD), Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T) and Cenovus Energy (CVE).

Company Calendar

• Record date for 5/15 Dividend: 4/30/2025
• Ex-Dividend for 5/15 Dividend: 4/30/2025
• Dividend Payable: 5/15/2025
• Record date for 8/15 Dividend: 7/31/2025
• Ex-Dividend for 8/15 Dividend: 7/31/2025
• Today: 8/05/2025
• Last Earnings: 8/05/2025
• Next Earnings (Estimated): 8/05/2025
• Dividend Payable: 8/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:NNN
• CIK: 751364
• Web: www.nnnreit.com
• Phone: (407) 265-7348
• Fax: 407-650-3650
• Employees: 80
• Year Founded: 1984

Price Target and Rating

• Average Price Target for NNN REIT: $44.38
• High Price Target: $48.00
• Low Price Target: $42.00
• Potential Upside/Downside: +5.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.14
• Trailing P/E Ratio: 19.68
• Forward P/E Ratio: 12.66
• P/E Growth: 3.94
• Net Income: $396.83 million
• Net Margins: 45.09%
• Pretax Margin: 45.09%
• Return on Equity: 9.23%
• Return on Assets: 4.49%

Debt

• Debt-to-Equity Ratio: 1.03
• Current Ratio: 0.58
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $869.27 million
• Price / Sales: 9.11
• Cash Flow: $3.52 per share
• Price / Cash Flow: 11.98
• Book Value: $23.26 per share
• Price / Book: 1.81

Miscellaneous

• Outstanding Shares: 187,950,000
• Free Float: 186,259,000
• Market Cap: $7.92 billion
• Optionable: Optionable
• Beta: 0.92