(NNN) National Retail Properties - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US6374171063
Stock:
Total Rating 44
Risk 65
Buy Signal 0.69
| Risk 5d forecast | |
|---|---|
| Volatility | 18.4% |
| Relative Tail Risk | -0.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.58 |
| Alpha | 4.95 |
| Character TTM | |
|---|---|
| Beta | 0.180 |
| Beta Downside | 0.356 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.45% |
| CAGR/Max DD | 0.24 |
EPS (Earnings per Share)
Revenue
Description: NNN National Retail Properties
NNN REIT invests primarily in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of September 30, 2025, the Company owned 3,697 properties in 50 states with a gross leasable area of approximately 39.2 million square feet and a weighted average remaining lease term of 10.1 years.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 389.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.05 > 1.0 |
| NWC/Revenue: -33.97% < 20% (prev 2.94%; Δ -36.91% < -1%) |
| CFO/TA 0.07 > 3% & CFO 667.1m > Net Income 389.8m |
| Net Debt (4.82b) to EBITDA (861.4m): 5.59 < 3 |
| Current Ratio: 0.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (189.2m) vs 12m ago 1.29% < -2% |
| Gross Margin: 81.23% > 18% (prev 0.96%; Δ 8027 % > 0.5%) |
| Asset Turnover: 10.15% > 50% (prev 9.80%; Δ 0.35% > 0%) |
| Interest Coverage Ratio: 2.92 > 6 (EBITDA TTM 861.4m / Interest Expense TTM 203.2m) |
Altman Z'' -0.28
| A: -0.03 (Total Current Assets 74.0m - Total Current Liabilities 388.7m) / Total Assets 9.38b |
| B: -0.09 (Retained Earnings -882.7m / Total Assets 9.38b) |
| C: 0.06 (EBIT TTM 593.0m / Avg Total Assets 9.13b) |
| D: -0.18 (Book Value of Equity -887.1m / Total Liabilities 4.97b) |
| Altman-Z'' Score: -0.28 = B |
Beneish M -2.94
| DSRI: 0.97 (Receivables 38.4m/37.0m, Revenue 926.2m/869.3m) |
| GMI: 1.19 (GM 81.23% / 96.28%) |
| AQI: 0.87 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.07 (Revenue 926.2m / 869.3m) |
| TATA: -0.03 (NI 389.8m - CFO 667.1m) / TA 9.38b) |
| Beneish M-Score: -2.94 (Cap -4..+1) = A |
What is the price of NNN shares?
As of February 27, 2026, the stock is trading at USD 44.98 with a total of 1,337,824 shares traded.
Over the past week, the price has changed by +2.30%, over one month by +8.16%, over three months by +11.09% and over the past year by +13.70%.
Over the past week, the price has changed by +2.30%, over one month by +8.16%, over three months by +11.09% and over the past year by +13.70%.
Is NNN a buy, sell or hold?
National Retail Properties has received a consensus analysts rating of 3.17.
Therefor, it is recommend to hold NNN.
- StrongBuy: 1
- Buy: 3
- Hold: 12
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the NNN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 45 | 0.1% |
| Analysts Target Price | 45 | 0.1% |
NNN Fundamental Data Overview February 24, 2026
P/E Trailing = 21.4251
P/E Forward = 20.4082
P/S = 9.0949
P/B = 1.8569
P/EG = 4.92
Revenue TTM = 926.2m USD
EBIT TTM = 593.0m USD
EBITDA TTM = 861.4m USD
Long Term Debt = 4.47b USD (from longTermDebt, last quarter)
Short Term Debt = 348.1m USD (from shortTermDebt, last quarter)
Debt = 4.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.82b USD (from netDebt column, last quarter)
Enterprise Value = 13.24b USD (8.42b + Debt 4.82b - CCE 5.05m)
Interest Coverage Ratio = 2.92 (Ebit TTM 593.0m / Interest Expense TTM 203.2m)
EV/FCF = 19.84x (Enterprise Value 13.24b / FCF TTM 667.1m)
FCF Yield = 5.04% (FCF TTM 667.1m / Enterprise Value 13.24b)
FCF Margin = 72.03% (FCF TTM 667.1m / Revenue TTM 926.2m)
Net Margin = 42.08% (Net Income TTM 389.8m / Revenue TTM 926.2m)
Gross Margin = 81.23% ((Revenue TTM 926.2m - Cost of Revenue TTM 173.8m) / Revenue TTM)
Gross Margin QoQ = 38.56% (prev none%)
Tobins Q-Ratio = 1.41 (Enterprise Value 13.24b / Total Assets 9.38b)
Interest Expense / Debt = 1.11% (Interest Expense 53.3m / Debt 4.82b)
Taxrate = 21.0% (US default 21%)
NOPAT = 468.4m (EBIT 593.0m * (1 - 21.00%))
Current Ratio = 0.19 (Total Current Assets 74.0m / Total Current Liabilities 388.7m)
Debt / Equity = 1.09 (Debt 4.82b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 5.59 (Net Debt 4.82b / EBITDA 861.4m)
Debt / FCF = 7.22 (Net Debt 4.82b / FCF TTM 667.1m)
Total Stockholder Equity = 4.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.27% (Net Income 389.8m / Total Assets 9.38b)
RoE = 8.89% (Net Income TTM 389.8m / Total Stockholder Equity 4.39b)
RoCE = 6.69% (EBIT 593.0m / Capital Employed (Equity 4.39b + L.T.Debt 4.47b))
RoIC = 5.15% (NOPAT 468.4m / Invested Capital 9.09b)
WACC = 4.50% (E(8.42b)/V(13.24b) * Re(6.58%) + D(4.82b)/V(13.24b) * Rd(1.11%) * (1-Tc(0.21)))
Discount Rate = 6.58% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 1.99%
[DCF] Terminal Value 86.71% ; FCFF base≈654.5m ; Y1≈680.0m ; Y5≈777.3m
[DCF] Fair Price = 96.19 (EV 23.09b - Net Debt 4.82b = Equity 18.27b / Shares 189.9m; r=5.90% [WACC]; 5y FCF grow 4.10% → 2.90% )
EPS Correlation: 17.02 | EPS CAGR: 2.20% | SUE: 0.54 | # QB: 0
Revenue Correlation: 98.23 | Revenue CAGR: 6.20% | SUE: 1.69 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.50 | Chg7d=+0.003 | Chg30d=+0.001 | Revisions Net=+0 | Analysts=3
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.007 | Chg30d=+0.005 | Revisions Net=+0 | Growth EPS=+3.0% | Growth Revenue=+5.7%
EPS next Year (2027-12-31): EPS=2.11 | Chg7d=+0.017 | Chg30d=+0.018 | Revisions Net=+2 | Growth EPS=+3.2% | Growth Revenue=+4.8%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.3% (Discount Rate 7.9% - Earnings Yield 4.7%)
[Growth] Growth Spread = +0.7% (Analyst 4.0% - Implied 3.3%)
P/E Forward = 20.4082
P/S = 9.0949
P/B = 1.8569
P/EG = 4.92
Revenue TTM = 926.2m USD
EBIT TTM = 593.0m USD
EBITDA TTM = 861.4m USD
Long Term Debt = 4.47b USD (from longTermDebt, last quarter)
Short Term Debt = 348.1m USD (from shortTermDebt, last quarter)
Debt = 4.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.82b USD (from netDebt column, last quarter)
Enterprise Value = 13.24b USD (8.42b + Debt 4.82b - CCE 5.05m)
Interest Coverage Ratio = 2.92 (Ebit TTM 593.0m / Interest Expense TTM 203.2m)
EV/FCF = 19.84x (Enterprise Value 13.24b / FCF TTM 667.1m)
FCF Yield = 5.04% (FCF TTM 667.1m / Enterprise Value 13.24b)
FCF Margin = 72.03% (FCF TTM 667.1m / Revenue TTM 926.2m)
Net Margin = 42.08% (Net Income TTM 389.8m / Revenue TTM 926.2m)
Gross Margin = 81.23% ((Revenue TTM 926.2m - Cost of Revenue TTM 173.8m) / Revenue TTM)
Gross Margin QoQ = 38.56% (prev none%)
Tobins Q-Ratio = 1.41 (Enterprise Value 13.24b / Total Assets 9.38b)
Interest Expense / Debt = 1.11% (Interest Expense 53.3m / Debt 4.82b)
Taxrate = 21.0% (US default 21%)
NOPAT = 468.4m (EBIT 593.0m * (1 - 21.00%))
Current Ratio = 0.19 (Total Current Assets 74.0m / Total Current Liabilities 388.7m)
Debt / Equity = 1.09 (Debt 4.82b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 5.59 (Net Debt 4.82b / EBITDA 861.4m)
Debt / FCF = 7.22 (Net Debt 4.82b / FCF TTM 667.1m)
Total Stockholder Equity = 4.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.27% (Net Income 389.8m / Total Assets 9.38b)
RoE = 8.89% (Net Income TTM 389.8m / Total Stockholder Equity 4.39b)
RoCE = 6.69% (EBIT 593.0m / Capital Employed (Equity 4.39b + L.T.Debt 4.47b))
RoIC = 5.15% (NOPAT 468.4m / Invested Capital 9.09b)
WACC = 4.50% (E(8.42b)/V(13.24b) * Re(6.58%) + D(4.82b)/V(13.24b) * Rd(1.11%) * (1-Tc(0.21)))
Discount Rate = 6.58% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 1.99%
[DCF] Terminal Value 86.71% ; FCFF base≈654.5m ; Y1≈680.0m ; Y5≈777.3m
[DCF] Fair Price = 96.19 (EV 23.09b - Net Debt 4.82b = Equity 18.27b / Shares 189.9m; r=5.90% [WACC]; 5y FCF grow 4.10% → 2.90% )
EPS Correlation: 17.02 | EPS CAGR: 2.20% | SUE: 0.54 | # QB: 0
Revenue Correlation: 98.23 | Revenue CAGR: 6.20% | SUE: 1.69 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.50 | Chg7d=+0.003 | Chg30d=+0.001 | Revisions Net=+0 | Analysts=3
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.007 | Chg30d=+0.005 | Revisions Net=+0 | Growth EPS=+3.0% | Growth Revenue=+5.7%
EPS next Year (2027-12-31): EPS=2.11 | Chg7d=+0.017 | Chg30d=+0.018 | Revisions Net=+2 | Growth EPS=+3.2% | Growth Revenue=+4.8%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.3% (Discount Rate 7.9% - Earnings Yield 4.7%)
[Growth] Growth Spread = +0.7% (Analyst 4.0% - Implied 3.3%)