NNN REIT (NNN) Stock Price, News & Analysis

Company Overview

NNN REIT, Inc. is a real estate investment trust that owns and manages a diversified portfolio of freestanding retail properties. The company primarily leases these properties to tenants under long-term, triple-net lease agreements, which generally require tenants to pay property taxes, insurance and maintenance expenses in addition to rent.

Its properties serve businesses in industries such as convenience stores, automotive services, restaurants, retail, pharmacies and other essential-service categories. NNN REIT focuses on acquiring and owning investment-grade, income-producing commercial real estate across the United States, with properties located in numerous states and leased to a broad range of retail operators.

Founded in 1984 as National Retail Properties, Inc., the company adopted the NNN REIT name in 2023. Its business strategy emphasizes long-term tenant relationships, diversified property ownership and the generation of recurring rental income from its nationwide portfolio.

Key Stats

• Today's Range: $40.14 to $41.02
• 50-Day Range: $39.77 to $47.28
• 52-Week Range: $38.90 to $50.00
• Volume: 2.26 million shs
• Average Volume: 2.62 million shs
• Market Capitalization: $7.77 billion
• P/E Ratio: 11.59
• Dividend Yield: 6.12%
• Price Target: $47.38
• Consensus Rating: Hold

NNN REIT Stock Analysis - MarketRank™

NNN REIT scored higher than 91% of companies evaluated by MarketBeat, and ranked 27th out of 185 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

NNN REIT has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on no strong buy ratings, 3 buy ratings, 10 hold ratings, and 2 sell ratings.

Upside Potential

NNN REIT has a consensus price target of $47.38, representing about 16.9% upside from its current price of $40.51.

Amount of Analyst Coverage

NNN REIT has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.42%

Earnings Growth

Earnings for NNN REIT are expected to grow by 3.42% in the coming year, from $3.51 to $3.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NNN REIT is 19.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of NNN REIT is 19.86, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.42.

Price to Earnings Growth Ratio

NNN REIT has a PEG Ratio of 6.49. 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 1.75. 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

3.85% of the float of NNN REIT has been sold short.

Short Interest Ratio / Days to Cover

NNN REIT has a short interest ratio ("days to cover") of 2.84, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NNN REIT has recently increased by 15.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

NNN REIT is a leading dividend payer. It pays a dividend yield of 6.16%, 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 121.57%. 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 68.32% next year. This indicates that NNN REIT will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: 0.88

News Sentiment

NNN REIT has a news sentiment score of 0.88. 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 is a higher news sentiment than the 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for NNN REIT this week, compared to 4 articles on an average week.

Search Interest

14 people have searched for NNN on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

MarketBeat Follows

10 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: 0.7 / 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

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.

Company Calendar

• Record date for 8/14 Dividend: 7/31/2026
• Ex-Dividend for 8/14 Dividend: 7/31/2026
• Last Earnings: 8/05/2026
• Dividend Payable: 8/14/2026
• Today: 10/13/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Retail REITs
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:NNN
• CIK: 751364
• Web: www.nnnreit.com
• Phone: (407) 265-7348
• Fax: 407-650-3650
• Employees: 85
• Year Founded: 1984

Price Target and Rating

• Average Price Target for NNN REIT: $47.38
• High Price Target: $51.00
• Low Price Target: $44.00
• Potential Upside/Downside: +16.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.07
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.04
• Trailing P/E Ratio: 19.86
• Forward P/E Ratio: 11.54
• P/E Growth: 6.49
• Net Income: $389.78 million
• Net Margins: 40.35%
• Pretax Margin: 40.35%
• Return on Equity: 8.70%
• Return on Assets: 4.06%

Debt

• Debt-to-Equity Ratio: 1.12
• Current Ratio: 1.15
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $926.21 million
• Price / Sales: 8.39
• Cash Flow: $3.55 per share
• Price / Cash Flow: 11.41
• Book Value: $23.21 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 191,930,000
• Free Float: 190,204,000
• Market Cap: $7.77 billion
• Optionable: Optionable
• Beta: 0.78