NNN - National Retail Properties Inc Stock Price, Fair Value and News

41.72USD-0.74 (-1.74%)Market Closed

Market Summary

USD41.72-0.74

Market Closed

-1.74%

NNN Stock Price

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NNN RSI Chart

NNN Valuation

Market Cap

7.6B

Price/Earnings (Trailing)

19.29

Price/Sales (Trailing)

9.11

EV/EBITDA

11.68

Price/Free Cashflow

12.29

NNN Price/Sales (Trailing)

NNN Profitability

EBT Margin

27.25%

Return on Equity

9.5%

Return on Assets

4.55%

Free Cashflow Yield

8.14%

NNN Fundamentals

NNN Revenue

Revenue (TTM)

839.4M

Rev. Growth (Yr)

5.54%

Rev. Growth (Qtr)

-0.38%

NNN Earnings

Earnings (TTM)

396.5M

Earnings Growth (Yr)

4.66%

Earnings Growth (Qtr)

-2.39%

Breaking Down NNN Revenue

Last 7 days

2.5%

Last 30 days

-0.7%

Last 90 days

4.6%

Trailing 12 Months

-5.7%

How does NNN drawdown profile look like?

NNN Financial Health

NNN Investor Care

Dividend Yield

5.38%

Dividend/Share (TTM)

2.25

Shares Dilution (1Y)

0.69%

Diluted EPS (TTM)

2.18

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	839.4M	0	0	0
2023	786.9M	798.7M	810.4M	828.1M
2022	736.9M	748.7M	761.8M	773.1M
2021	665.4M	680.7M	702.4M	726.4M
2020	682.0M	680.9M	671.0M	660.7M
2019	635.3M	644.6M	657.6M	670.7M
2018	596.5M	606.5M	614.3M	624.5M
2017	548.4M	563.0M	576.2M	585.3M
2016	493.7M	507.5M	518.9M	533.8M
2015	447.0M	458.6M	471.9M	482.9M
2014	405.1M	414.4M	423.5M	434.9M
2013	378.0M	378.3M	378.6M	393.5M
2012	330.5M	345.4M	361.6M	377.7M
2011	249.0M	274.0M	302.0M	315.4M
2010	228.6M	228.4M	228.1M	227.9M
2009	0	0	227.9M	228.8M
2008	0	0	0	227.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of National Retail Properties Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	gulacsy elizabeth	acquired	43,525	40.64	1,071	-
Apr 30, 2024	cosler steven d	acquired	106,274	40.64	2,615	-
Apr 30, 2024	fritsch edward j	acquired	36,210	40.64	891	-
Apr 30, 2024	fick david m	acquired	67,584	40.64	1,663	-
Apr 30, 2024	holden betsy d	acquired	47,630	40.64	1,172	-
Apr 30, 2024	beall pamela k.m.	acquired	36,210	40.64	891	-

Which funds bought or sold NNN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Capital Square, LLC	reduced	-31.22	-471,652	1,011,850	0.71%
May 07, 2024	M&T Bank Corp	added	3.98	34,418	1,125,400	-%
May 07, 2024	Inspire Investing, LLC	reduced	-5.78	-25,169	357,990	0.04%
May 07, 2024	Washington Trust Advisors, Inc.	new	-	3,472	3,472	-%
May 07, 2024	ASSETMARK, INC	added	4,268	523,461	535,831	-%
May 07, 2024	SEI INVESTMENTS CO	added	0.22	-12,908	2,068,440	-%
May 07, 2024	TECTONIC ADVISORS LLC	added	7.63	392,222	6,217,530	0.47%
May 07, 2024	AllSquare Wealth Management LLC	unchanged	-	-108	12,822	0.01%
May 07, 2024	Bank Pictet & Cie (Europe) AG	sold off	-100	-1,135,380	-	-%
May 07, 2024	Mondrian Investment Partners LTD	new	-	81,962,800	81,962,800	1.13%

Are Funds Buying or Selling NNN?

Are funds buying NNN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NNN

No. of Funds

Unveiling National Retail Properties Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	14.81%	27,021,535	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 07, 2024	victory capital management inc	-	10,708,793	SC 13G
Jan 29, 2024	state street corp	7.20%	13,130,983	SC 13G/A
Jan 24, 2024	blackrock inc.	11.6%	21,246,504	SC 13G/A
Feb 10, 2023	state street corp	12.31%	21,995,639	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	14.98%	26,777,900	SC 13G/A
Jan 23, 2023	blackrock inc.	11.3%	20,125,181	SC 13G/A
Feb 11, 2022	state street corp	10.44%	18,330,427	SC 13G/A

Recent SEC filings of National Retail Properties Inc

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report

Peers (Alternatives to National Retail Properties Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.47	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

National Retail Properties Inc News

Latest updates

National Retail Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.4%	215	216	205	203	204	199	193	191	190	187	180	179	180	163	159	164	175	174	169	165	164
Operating Expenses	-2.3%	82.00	84.00	77.00	78.00	81.00	77.00	74.00	81.00	76.00	78.00	73.00	77.00	72.00	73.00	71.00	87.00	72.00	76.00	75.00	69.00	66.00
S&GA Expenses	-100.0%	-	11.00	10.00	11.00	12.00	11.00	10.00	10.00	11.00	10.00	11.00	12.00	12.00	9.00	9.00	9.00	10.00	10.00	9.00	9.00	10.00
EBITDA Margin	-0.3%	0.76*	0.76*	0.77*	0.77*	0.77*	0.78*	0.78*	0.78*	0.78*	0.79*	0.80*	0.82*	0.84*	-	-	-	-	-	-	-	-
Interest Expenses	1.6%	44.00	43.00	42.00	40.00	39.00	38.00	37.00	37.00	37.00	37.00	34.00	33.00	35.00	32.00	32.00	32.00	34.00	30.00	30.00	30.00	30.00
EBT Margin	-1.3%	0.27*	0.28*	0.28*	0.29*	0.29*	0.30*	0.30*	0.31*	0.31*	0.31*	0.33*	0.34*	0.34*	-	-	-	-	-	-	-	-
Net Income	-2.4%	94.00	97.00	107	99.00	90.00	91.00	88.00	74.00	81.00	78.00	83.00	73.00	57.00	61.00	56.00	46.00	65.00	74.00	67.00	79.00	80.00
Net Income Margin	-0.3%	0.47*	0.47*	0.48*	0.46*	0.44*	0.43*	0.42*	0.42*	0.43*	0.40*	0.39*	0.36*	0.33*	-	-	-	-	-	-	-	-
Free Cashflow	56.8%	191	122	192	118	181	113	190	111	164	115	172	120	161	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.5%	8,706	8,662	8,561	8,346	8,238	8,146	7,952	7,804	7,772	7,751	8,133	7,676	7,712	7,638	7,635	7,633	7,647	7,435	7,628	7,253	7,137
Cash Equivalents	-5.1%	1.00	1.00	77.00	2.00	3.00	3.00	3.00	3.00	54.00	171	544	250	311	267	295	225	217	1.00	354	2.00	81.00
Liabilities	0.6%	4,531	4,505	4,403	4,196	4,103	4,023	3,945	3,889	3,874	3,849	3,873	3,405	3,424	3,319	3,347	3,322	3,346	3,103	3,001	3,030	2,984
Shareholder's Equity	0.4%	4,175	4,157	4,158	4,150	4,135	4,124	4,007	3,916	3,898	3,902	4,260	4,271	4,288	4,319	4,287	4,311	4,301	4,332	4,627	4,222	4,153
Retained Earnings	-1.0%	-814	-805	-799	-804	-803	-793	-786	-777	-759	-747	-720	-705	-683	-644	-611	-573	-526	-499	-469	-443	-432
Additional Paid-In Capital	0.5%	4,997	4,972	4,967	4,964	4,948	4,928	4,805	4,705	4,670	4,663	4,649	4,645	4,640	4,634	4,569	4,555	4,499	4,495	4,480	4,042	3,958
Shares Outstanding	0.5%	183	182	182	182	182	181	176	175	175	175	-	174,600	174,589	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	-	7,736	-	-	-	7,534,963	-	-	-	8,177	-	-	-	6,111	-	-	-	8,616	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	56.8%	191	122	192	118	181	113	190	111	164	115	172	120	161	101	161	60.00	128	103	164	92.00	143
Cashflow From Investing	60.0%	-97.73	-244	-148	-145	-142	-250	-197	-139	-189	-48.02	-216	-78.73	-88.51	-94.25	-7.10	-10.82	-30.65	-210	-91.19	-224	-93.03
Cashflow From Financing	-426.8%	-97.01	30.00	50.00	27.00	-39.93	141	7.00	-21.61	-92.28	-439	338	-102	-28.66	-34.75	-83.71	-41.64	119	-244	279	55.00	-84.09
Dividend Payments	-100.0%	-	103	103	100	99.00	98.00	97.00	93.00	93.00	93.00	93.00	91.00	91.00	90.00	90.00	88.00	88.00	88.00	84.00	81.00	81.00

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NNN Income Statement

2024-03-31

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Rental income	$ 214,825	$ 203,630
Interest and other income from real estate transactions	582	478
Total revenues	215,407	204,108
Operating expenses:
General and administrative	12,584	12,251
Real estate	7,154	6,846
Depreciation and amortization	60,615	59,148
Leasing transaction costs	33	75
Impairment losses – real estate, net of recoveries	1,204	2,640
Executive retirement costs	317	423
Total operating expenses	81,907	81,383
Gain on disposition of real estate	4,821	6,300
Earnings from operations	138,321	129,025
Other expenses (revenues):
Interest and other income	(119)	(33)
Interest expense	44,069	38,891
Total other expenses (revenues)	43,950	38,858
Net earnings	$ 94,371	$ 90,167
Net earnings per share
Basic (in dollars per share)	$ 0.52	$ 0.5
Diluted (in dollars per share)	$ 0.52	$ 0.5
Weighted average shares outstanding:
Basic (in shares)	181,794,208	180,845,503
Diluted (in shares)	182,212,897	181,434,345
Total comprehensive income
Net earnings	$ 94,371	$ 90,167
Amortization of interest rate hedges	632	607
Total comprehensive income	$ 95,003	$ 90,774

NNN Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Real estate portfolio, net of accumulated depreciation and amortization	$ 8,586,856	$ 8,535,851
Cash and cash equivalents	1,128	1,189
Restricted cash or cash held in escrow	0	3,966
Receivables, net of allowance of $717 and $669, respectively	3,569	3,649
Accrued rental income, net of allowance of $4,153 and $4,168, respectively	34,404	34,611
Debt costs, net of accumulated amortization of $24,525 and $23,952, respectively	2,723	3,243
Other assets	77,062	79,459
Total assets	8,705,742	8,661,968
Liabilities:
Line of credit payable	116,200	132,000
Notes payable, net of unamortized discount and unamortized debt costs	4,229,933	4,228,544
Accrued interest payable	75,487	34,374
Other liabilities	109,264	109,593
Total liabilities	4,530,884	4,504,511
Stockholders’ equity:
Common stock, $0.01 par value. Authorized 375,000,000 shares; 183,350,322 and 182,474,770 shares issued and outstanding, respectively	1,835	1,826
Capital in excess of par value	4,996,698	4,971,625
Accumulated deficit	(814,196)	(805,883)
Accumulated other comprehensive income (loss)	(9,479)	(10,111)
Total equity	4,174,858	4,157,457
Total liabilities and equity	$ 8,705,742	$ 8,661,968

About National Retail Properties Inc

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of June 30, 2023, the company owned 3,479 properties in 49 states with a gross leasable area of approximately 35.5 million square feet and with a weighted average remaining lease term of 10.2 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 or more consecutive years.

CEO	Mr. Stephen A. Horn Jr.
WEBSITE	nnnreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	77

National Retail Properties Inc Frequently Asked Questions

What is the ticker symbol for National Retail Properties Inc? What does NNN stand for in stocks?

NNN is the stock ticker symbol of National Retail Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Retail Properties Inc (NNN)?

As of Wed May 08 2024, market cap of National Retail Properties Inc is 7.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NNN stock?

You can check NNN's fair value in chart for subscribers.

What is the fair value of NNN stock?

You can check NNN's fair value in chart for subscribers. The fair value of National Retail Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Retail Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NNN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Retail Properties Inc a good stock to buy?

The fair value guage provides a quick view whether NNN is over valued or under valued. Whether National Retail Properties Inc is cheap or expensive depends on the assumptions which impact National Retail Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NNN.

What is National Retail Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, NNN's PE ratio (Price to Earnings) is 19.29 and Price to Sales (PS) ratio is 9.11. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NNN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National Retail Properties Inc's stock?

In the past 10 years, National Retail Properties Inc has provided 0.057 (multiply by 100 for percentage) rate of return.