Price
$46.84+0.71%Social Signal Score
Analyst Ratings
29 analystsRevenue
$244.27M+81.56%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Stephen A. Horn Jr.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Employees
- 85
- Beta
- 0.77
- Country
- US
- Piotroski score
- 7 / 9 (Strong)
- Altman Z-score
- 1.08
Financials
Revenue
$244.27M+81.6%Net Income
$97.92M+92.8%EBITDA
$222.51M+103.2%Free Cash Flow
$-287.78M-327.4%EPS (diluted)
$0.52+85.7%Shares Outstanding (diluted)
189.62M+29.3%Operating Expenses
$14.06MCash & Debt
$4.22MReturn of Capital
$113.62MDividend per Share
$0.62Quote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $926.21M | $389.78M | $2.07 |
| 2024 | $869.27M | $396.83M | $2.16 |
| 2023 | $828.11M | $392.34M | $2.16 |
| 2022 | $773.05M | $334.63M | $1.89 |
| 2021 | $726.41M | $290.11M | $1.51 |
| 2020 | $660.68M | $228.80M | $1.22 |
| 2019 | $670.49M | $299.18M | $1.56 |
| 2018 | $622.66M | $292.45M | $1.65 |
| 2017 | $584.93M | $264.97M | $1.45 |
| 2016 | $533.65M | $239.50M | $1.39 |
| 2015 | $482.91M | $197.84M | $1.21 |
| 2014 | $434.85M | $190.60M | $1.24 |
| 2013 | $392.33M | $160.15M | $1.11 |
| 2012 | $350.76M | $142.01M | $1.13 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from NNN's reported EPS growth of 4.8% a year over 13 years.
- EPS in 5 years
- $2.63
- Implied price
- $49.90
- Return from $41.09
- 4.0% a year
To earn 15.0% a year on these assumptions you'd need to buy at $24.81 — -39.6% below today's price.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 13 | 16 | 19 | 22 | 25 |
|---|---|---|---|---|---|
| -5.2% | -12.8% | -9.1% | -6.0% | -3.2% | -0.7% |
| -0.2% | -8.2% | -4.3% | -1.0% | 1.9% | 4.6% |
| 4.8% | -3.6% | 0.4% | 4.0% | 7.1% | 9.8% |
| 9.8% | 1.0% | 5.2% | 8.9% | 12.2% | 15.1% |
| 14.8% | 5.6% | 10.0% | 13.9% | 17.3% | 20.3% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
50+0.00%Social Signal Score
Mentions (16)
- Newsprnewswire.com·12d ago·Neutral
NNN REIT, Inc. Announces Third Quarter 2026 Earnings Release Date and Conference Call Details ORLANDO, Fla., Sept. 23, 2026 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust ("REIT"), today announced that it will release its third quarter 2026 results before the market opens on Wednesday, November 4, 2026.
View source ↗ - Newsseekingalpha.com·14d ago·Positive
NNN REIT: I'm Buying This High Yield Dividend Aristocrat NNN REIT is upgraded to 'Strong Buy' for its durable income, robust balance sheet, and attractive 6% yield at an attractively low valuation. NNN trades at 11.7x forward P/FFO, well below its historical average, with strong portfolio occupancy at 99.1% and minimal bad debt exposure. Management raised AFFO/share growth guidance to 3.8% YoY, supported by disciplined capital allocation and self-funded acquisitions at attractive spreads.
View source ↗ - Newsseekingalpha.com·15d ago·Positive
NNN REIT Has Just Crashed, I'm Buying (Rating Upgrade) NNN has just sold-off by 16.2% since its latest peak. Fed's recent decision to hike interest rate drove NNN's stock price even lower. But I believe NNN is ready for another market turmoil. It has one of the best balance sheets, great tenant structure, and above-average occupancy.
View source ↗ - Newsseekingalpha.com·16d ago·Neutral
2023 All Over Again? 2 REITs To Buy After The Rate Hike Pullback NNN REIT and Getty Realty offer attractive entry points after sector pullback, with yields near 6% and double-digit total return potential. NNN demonstrates strong fundamentals: 99.1% occupancy, 37-year dividend growth, 69% AFFO payout, and 97.5% fixed-rate debt, despite tenant credit risks. GTY boasts 99.8% occupancy, 78% payout, a BBB- rating, no debt due until 2028, and AFFO growth guidance raised to 4.1%.
View source ↗ - 4chan /biz/biz·17d ago·Neutral
>>62705163 Apparently the whole NNN commercial industry is a bit of an oversight. Where traditional banks are regulated from being able to provide capital like they usually would. So right now its just O and a few other reits just slowly consuming the entire industry of commercial real estate
View source ↗ - Newszacks.com·24d ago·Positive
All You Need to Know About NNN REIT (NNN) Rating Upgrade to Buy NNN REIT (NNN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
View source ↗ - Newszacks.com·24d ago·Neutral
Here's Why NNN REIT (NNN) is Poised for a Turnaround After Losing 5.2% in 4 Weeks NNN REIT (NNN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
View source ↗ - News (RSS)seekingalpha·31d ago·Positive
NNN REIT: High-Yield Retail Triple Net To Own
View source ↗ - Newsseekingalpha.com·31d ago·Neutral
NNN REIT: High-Yield Retail Triple Net To Own NNN REIT stands out as a quality triple net lease REIT with a BBB+ credit rating and 37 years of rising dividends. NNN offers a current yield of 5.5% and a 5-year dividend growth rate of 2.67%, qualifying it as a buy on the Chowder Rule. Morningstar rates NNN 5 stars, citing its stable, top-decile global yield and favorable valuation versus expected dividend payments.
View source ↗ - News (Marketaux)dividend-growth-stocks.com·46d ago·Neutral
National Retail Properties, Inc. (NNN) Dividend Stock Analysis National Retail Properties, Inc. (NNN) Dividend Stock Analysis
View source ↗ - Newsseekingalpha.com·47d ago·Positive
NNN REIT: A 5.37% Yielding Dividend Aristocrat That Just Raised Guidance Again NNN REIT (NNN) offers a 5.37% yield, 69% payout ratio, and trades at 12.93x 2026 AFFO guidance after a pullback from its 52-week high. Q2 saw occupancy rise to 99.1%, AFFO and revenue beat expectations, and 2026 guidance was raised for the second time this year. NNN's portfolio is resilient, with 89% of ABR from service/non-discretionary retail, 10.1-year average lease/debt term, and $1.4 billion in liquidity.
View source ↗ - Newsseekingalpha.com·48d ago·Positive
NNN REIT: An Undervalued Dividend Champion With A 5.4% Yield NNN REIT remains a Buy, offering a sustainable ~5.4% yield and trading at a discount to intrinsic value. NNN delivered strong Q2 results, raising AFFO guidance and maintaining a near-perfect 99.1% occupancy rate with a 10.1-year average lease term. Portfolio expansion continues with disciplined acquisitions at a 7.3% cap rate, while prudent debt management supports balance sheet quality.
View source ↗ - News (RSS)seekingalpha·48d ago·Positive
NNN REIT: A Dividend Champion Deal To Buy Now
View source ↗ - Newsseekingalpha.com·48d ago·Neutral
NNN REIT: A Dividend Champion Deal To Buy Now Last month, NNN REIT upped its quarterly dividend per share by 3.3%, extending its dividend growth streak to 37 consecutive years. The net lease REIT raised its acquisition volume guidance and core FFO per share guidance for 2026. NNN REIT enjoys a BBB+ S&P credit rating with a stable outlook.
View source ↗ - Newsprnewswire.com·49d ago·Neutral
NNN REIT, Inc. Announces Board Member Succession Planning ORLANDO, Fla., Aug. 17, 2026 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust ("REIT"), today announced that Christina Chiu and Charles "Chaz" D.
View source ↗ - Newsmarketbeat.com·58d ago·Neutral
NNN REIT Q2 Earnings Call Highlights NNN REIT NYSE: NNN raised its 2026 outlook after reporting second-quarter growth in adjusted funds from operations, higher occupancy and increased acquisition activity, while management said its portfolio remains in strong condition with limited near-term tenant credit concerns.
View source ↗
Earnings
Wed, Nov 4(in 4 weeks)
Consensus estimate $0.53 per share
Typical surprise +3.3% (median, so one quarter with a near-zero estimate can't distort it)
- Wed, Aug 5$0.52 vs $0.51beat
- Thu, Apr 30$0.50 vs $0.51miss
- Wed, Feb 11$0.51 vs $0.49beat
- Tue, Nov 4$0.51 vs $0.50beat
- Tue, Aug 5$0.54 vs $0.50beat
- Thu, May 1$0.52 vs $0.49beat
Estimates and results for NNN via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by NNN officers and directors.
- Bought
- —
- Sold
- $7.8m
0 trades
11 trades
- Horn Stephen A Jrsold
- Adamo Jonathansold
- Miller Michelle Lynnsold
- Miller Michelle Lynnsold
- Adamo Jonathansold
- Horn Stephen A Jrsold
- Miller Michelle Lynnsold
- Adamo Jonathansold
89 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
- Lisa C. McClainhouse · MI09 · disclosed Sep 15, 2025 (33d later)Sell$1,001 - $15,000
- Lisa C. McClainhouse · MI09 · disclosed Aug 13, 2025 (57d later)Buy$1,001 - $15,000
- Zoe Lofgrenhouse · CA18 · disclosed Jun 6, 2023 (12d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Feb 8, 2022 (19d later)Sell$1,001 - $15,000
- Zoe Lofgrenhouse · CA19 · disclosed Oct 7, 2021 (7d later)Buy$1,001 - $15,000
- Zoe Lofgrenhouse · CA19 · disclosed Apr 11, 2020 (19d later)Sell$1,001 - $15,000
- Van Taylorhouse · TX03 · disclosed Apr 15, 2019 (21d later)Sell$1,001 - $15,000
Self-reported filings, amounts as brackets. Via Senate/House disclosures.