NYSE:NNN - National Retail Properties Stock Price, News, & Analysis

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$45.87 -0.04 (-0.09 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$45.91
Today's Range$45.65 - $46.01
52-Week Range$36.25 - $46.28
Volume858,856 shs
Average Volume1.04 million shs
Market Capitalization$7.21 billion
P/E Ratio18.07
Dividend Yield4.35%
Beta0.28
National Retail Properties logoNational Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2018, the company owned 2,800 properties in 48 states with a gross leasable area of approximately 29.1 million square feet and with a weighted average remaining lease term of 11.4 years. For more information on the company, visit www.nnnreit.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:NNN
CUSIP63741710
Phone407-265-7348

Debt

Debt-to-Equity Ratio0.78
Current Ratio1.57
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio18.07
Forward P/E Ratio17.12
P/E Growth3.56

Sales & Book Value

Annual Sales$584.93 million
Price / Sales12.31
Cash Flow$2.9291 per share
Price / Cash15.66
Book Value$21.10 per share
Price / Book2.17

Profitability

EPS (Most Recent Fiscal Year)$2.54
Net Income$264.97 million
Net Margins50.66%
Return on Equity9.50%
Return on Assets4.62%

Miscellaneous

Employees66
Outstanding Shares156,990,000
Market Cap$7.21 billion

National Retail Properties (NYSE:NNN) Frequently Asked Questions

What is National Retail Properties' stock symbol?

National Retail Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "NNN."

How often does National Retail Properties pay dividends? What is the dividend yield for National Retail Properties?

National Retail Properties declared a quarterly dividend on Monday, July 16th. Stockholders of record on Tuesday, July 31st will be given a dividend of $0.50 per share on Wednesday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, July 30th. This is a positive change from National Retail Properties's previous quarterly dividend of $0.48. View National Retail Properties' Dividend History.

How were National Retail Properties' earnings last quarter?

National Retail Properties, Inc. (NYSE:NNN) posted its quarterly earnings data on Wednesday, August, 1st. The real estate investment trust reported $0.40 EPS for the quarter, missing the consensus estimate of $0.66 by $0.26. The real estate investment trust had revenue of $155.50 million for the quarter, compared to analysts' expectations of $154.12 million. National Retail Properties had a net margin of 50.66% and a return on equity of 9.50%. National Retail Properties's revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $0.64 earnings per share. View National Retail Properties' Earnings History.

When is National Retail Properties' next earnings date?

National Retail Properties is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for National Retail Properties.

What guidance has National Retail Properties issued on next quarter's earnings?

National Retail Properties issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share (EPS) guidance of $2.62-2.66 for the period, compared to the Thomson Reuters consensus estimate of $2.67.

What price target have analysts set for NNN?

9 brokers have issued 12 month price objectives for National Retail Properties' shares. Their forecasts range from $42.00 to $52.00. On average, they expect National Retail Properties' stock price to reach $46.1429 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for National Retail Properties.

What is the consensus analysts' recommendation for National Retail Properties?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Retail Properties in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for National Retail Properties.

What are Wall Street analysts saying about National Retail Properties stock?

Here are some recent quotes from research analysts about National Retail Properties stock:
  • 1. According to Zacks Investment Research, "National Retail Properties, a real estate investment trust, invests in single tenant net-leased retail properties throughout the United States. NNN maintains a conservatively managed, diversified real estate portfolio with properties subject to long-term, net leases with established tenants. Its 2,257 properties are located in 47 states with a total gross leasable area of approximately 25.0 million square feet. Current occupancy is 99.1% and these properties are leased to more than 400 tenants in 38 industry classifications. " (7/4/2018)
  • 2. FBR & Co analysts commented, "NNN priced an underwritten public offering of $400 million of 3.5% senior notes due 2027. The company intends to use the net proceeds to repay all of the outstanding indebtedness under its credit facility, with the remainder going towards property acquisitions and other general purposes. We assume the company will use the proceeds partially to pay down its line of credit as well as pay off its 6.875% unsecured notes in October 2017." (9/7/2017)

Who are some of National Retail Properties' key competitors?

Who are National Retail Properties' key executives?

National Retail Properties' management team includes the folowing people:
  • Mr. Julian E. Whitehurst, Pres, CEO & Director (Age 61)
  • Mr. Kevin B. Habicht, CFO, Exec. VP, Assistant Sec., Treasurer & Director (Age 59)
  • Mr. Paul Eugene Bayer, Exec. VP & Chief Investment Officer (Age 56)
  • Mr. Christopher Paul Tessitore, Exec. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. Stephen A. Horn Jr., Exec. VP & Chief Acquisitions Officer (Age 46)

Has National Retail Properties been receiving favorable news coverage?

Headlines about NNN stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Retail Properties earned a daily sentiment score of 0.12 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 46.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for National Retail Properties.

Who are National Retail Properties' major shareholders?

National Retail Properties' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.73%), Victory Capital Management Inc. (4.29%), FMR LLC (2.72%), Daiwa Securities Group Inc. (2.77%), Federated Investors Inc. PA (1.59%) and Dimensional Fund Advisors LP (1.46%). Company insiders that own National Retail Properties stock include Carl Vance Loeber, Christopher Paul Tessitore, Craig Macnab, Jeffrey Dare, Julian E Whitehurst, Kevin B Habicht, Michelle Lynn Miller, Paul Eugene Bayer, Robert James Scott and Stephen A Horn Jr. View Institutional Ownership Trends for National Retail Properties.

Which major investors are selling National Retail Properties stock?

NNN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Standard Life Aberdeen plc, Heitman Real Estate Securities LLC, FMR LLC, Janus Henderson Group PLC, Westpac Banking Corp, Stevens Capital Management LP and Wells Fargo & Company MN. Company insiders that have sold National Retail Properties company stock in the last year include Carl Vance Loeber, Christopher Paul Tessitore, Julian E Whitehurst, Kevin B Habicht, Michelle Lynn Miller, Robert James Scott and Stephen A Horn Jr. View Insider Buying and Selling for National Retail Properties.

Which major investors are buying National Retail Properties stock?

NNN stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Russell Investments Group Ltd., Macquarie Group Ltd., California Public Employees Retirement System, AGF Investments Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Bank of America Corp DE. View Insider Buying and Selling for National Retail Properties.

How do I buy shares of National Retail Properties?

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

What is National Retail Properties' stock price today?

One share of NNN stock can currently be purchased for approximately $45.87.

How big of a company is National Retail Properties?

National Retail Properties has a market capitalization of $7.21 billion and generates $584.93 million in revenue each year. The real estate investment trust earns $264.97 million in net income (profit) each year or $2.54 on an earnings per share basis. National Retail Properties employs 66 workers across the globe.

How can I contact National Retail Properties?

National Retail Properties' mailing address is 450 S ORANGE AVE SUITE 900, ORLANDO FL, 32801. The real estate investment trust can be reached via phone at 407-265-7348 or via email at [email protected]


MarketBeat Community Rating for National Retail Properties (NYSE NNN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  585
MarketBeat's community ratings are surveys of what our community members think about National Retail Properties and other stocks. Vote "Outperform" if you believe NNN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NNN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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