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NNN

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

40.00USD+0.23 (+0.58%)Market Closed

Market Summary

NNN
USD40.00+0.23
Market Closed
0.58%

NNN Stock Price

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NNN RSI Chart

NNN Valuation

Market Cap

7.3B

Price/Earnings (Trailing)

18.6

Price/Sales (Trailing)

8.81

EV/EBITDA

11.79

Price/Free Cashflow

11.92

NNN Price/Sales (Trailing)

NNN Profitability

EBT Margin

27.62%

Return on Equity

9.44%

Return on Assets

4.53%

Free Cashflow Yield

8.39%

NNN Fundamentals

NNN Revenue

Revenue (TTM)

828.1M

Rev. Growth (Yr)

8.92%

Rev. Growth (Qtr)

5.41%

NNN Earnings

Earnings (TTM)

392.3M

Earnings Growth (Yr)

6.64%

Earnings Growth (Qtr)

-9.46%

Breaking Down NNN Revenue

Last 7 days

-2.0%

Last 30 days

-5.0%

Last 90 days

-5.5%

Trailing 12 Months

-7.2%

How does NNN drawdown profile look like?

NNN Financial Health

NNN Investor Care

Dividend Yield

5.58%

Dividend/Share (TTM)

2.23

Shares Dilution (1Y)

0.58%

Diluted EPS (TTM)

2.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023786.9M798.7M810.4M828.1M
2022736.9M748.7M761.8M773.1M
2021665.4M680.7M702.4M726.4M
2020682.0M680.9M671.0M660.7M
2019635.3M644.6M657.6M670.7M
2018596.5M606.5M614.3M624.5M
2017548.4M563.0M576.2M585.3M
2016493.7M507.5M518.9M533.8M
2015447.0M458.6M471.9M482.9M
2014405.1M414.4M423.5M434.9M
2013378.0M378.3M378.6M393.5M
2012330.5M345.4M361.6M377.7M
2011249.0M274.0M302.0M315.4M
2010228.6M228.4M228.1M227.9M
200900227.9M228.8M
2008000227.0M

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 14, 2024
steffens gina m.
acquired
891,356
39.72
22,441
evp, general counsel
Feb 14, 2024
miller michelle lynn
acquired
734,065
39.72
18,481
evp, chief accounting officer
Feb 14, 2024
horn stephen a jr
back to issuer
-
-
-7,905
president & ceo
Feb 14, 2024
habicht kevin b
acquired
3,114,600
39.72
78,414
evp, chief financial officer
Feb 14, 2024
miller michelle lynn
back to issuer
-
-
-1,593
evp, chief accounting officer
Feb 14, 2024
habicht kevin b
back to issuer
-
-
-8,980
evp, chief financial officer
Feb 14, 2024
horn stephen a jr
acquired
7,760,330
39.72
195,376
president & ceo
Feb 14, 2024
adamo jonathan
acquired
786,496
39.72
19,801
evp, portfolio operations
Jan 31, 2024
beall pamela k.m.
acquired
36,269
40.57
894
-
Jan 31, 2024
fritsch edward j
acquired
36,269
40.57
894
-

1–10 of 50

Which funds bought or sold NNN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
McGlone Suttner Wealth Management, Inc.
sold off
-100
-2,526
-
-%
Apr 18, 2024
MV CAPITAL MANAGEMENT, INC.
added
50.00
42.00
129
-%
Apr 18, 2024
Aspire Private Capital, LLC
unchanged
-
-34.00
4,060
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
7.97
44,762
677,813
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
added
70.00
1,000
1,000
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
-29.00
3,419
-%
Apr 18, 2024
STATE OF MICHIGAN RETIREMENT SYSTEM
added
2.28
26,978
1,914,070
0.01%
Apr 18, 2024
Bridgewealth Advisory Group, LLC
reduced
-2.7
-8,131
223,445
0.11%
Apr 18, 2024
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.
added
14.8
6,980,000
57,394,000
0.50%
Apr 17, 2024
ROMANO BROTHERS AND COMPANY
unchanged
-
-2,951
350,254
0.05%

1–10 of 50

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Apr 17, 2024
8-K
Current Report
Apr 02, 2024
ARS
ARS
Mar 22, 2024
DEF 14A
DEF 14A
Feb 21, 2024
S-3ASR
S-3ASR
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to National Retail Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
79.9B
11.1B
-11.94% -16.63%
58.47
7.17
4.04% -19.43%
41.4B
7.0B
-8.87% -24.96%
27.55
5.92
-0.07% -10.36%
26.2B
2.8B
0.30% 6.36%
28.18
9.45
6.73% -18.30%
19.9B
2.9B
-8.38% -6.65%
191.73
6.89
11.46% -80.13%
12.8B
1.6B
-2.62% 6.17%
29.55
7.95
7.80% 39.39%
10.8B
1.3B
-3.14% -3.60%
29.55
8.15
8.04% -24.50%
9.4B
3.3B
-6.63% 15.11%
49.67
2.89
5.31% -77.32%
MID-CAP
8.3B
1.1B
-1.33% 2.80%
34.93
7.31
5.38% -38.52%
3.3B
884.1M
-10.11% 54.70%
-12.04
3.73
2.90% -314.82%
3.2B
899.4M
-6.40% 107.66%
-5.69
3.57
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-2.46% 15.40%
19.75
2.9
4.38% 15.77%
1.1B
198.2M
1.56% -2.62%
-7.2
5.71
-43.33% -270.70%
1.1B
605.6M
-9.30% 1.07%
13.28
1.76
25.53% 134.62%
635.9M
258.7M
-4.65% -31.33%
-13.07
2.46
0.11% 83.70%
399.3M
277.9M
-12.53% -21.90%
-25.18
1.44
44.33% 96.06%

National Retail Properties Inc News

Latest updates
Yahoo Finance16 Apr 202408:30 pm
Yahoo Finance15 Apr 202412:30 pm

National Retail Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.4%216205203204199193191190187180179180163159164175174169165164161
Operating Expenses8.2%84.0077.0078.0081.0077.0074.0081.0076.0078.0073.0077.0072.0073.0071.0087.0072.0076.0075.0069.0066.0079.00
  S&GA Expenses3.0%11.0010.0011.0012.0011.0010.0010.0011.0010.0011.0012.0012.009.009.009.0010.0010.009.009.0010.008.00
EBITDA Margin-0.8%0.76*0.77*0.77*0.77*0.78*0.78*0.78*0.78*0.79*0.80*0.82*0.84*0.84*0.82*-------
Interest Expenses4.5%43.0042.0040.0039.0038.0037.0037.0037.0037.0034.0033.0035.0032.0032.0032.0034.0030.0030.0030.0030.0035.00
Income Taxes----------------------
EBT Margin-2.1%0.28*0.28*0.29*0.29*0.30*0.30*0.31*0.31*0.31*0.33*0.34*0.34*0.35*0.34*-------
Net Income-9.5%97.0010799.0090.0091.0088.0074.0081.0078.0083.0073.0057.0061.0056.0046.0065.0074.0067.0079.0080.0037.00
Net Income Margin-0.6%0.47*0.48*0.46*0.44*0.43*0.42*0.42*0.43*0.40*0.39*0.36*0.33*0.35*0.36*-------
Free Cashflow-36.5%122192118181113190111164115172120161101161-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.2%8,6628,5618,3468,2388,1467,9527,8047,7727,7518,1337,6767,7127,6387,6357,6337,6477,4357,6287,2537,1377,103
    Cash Equivalents-98.5%1.0077.002.003.003.003.003.0054.001715442503112672952252171.003542.0081.00114
Liabilities2.3%4,5054,4034,1964,1034,0233,9453,8893,8743,8493,8733,4053,4243,3193,3473,3223,3463,1033,0013,0302,9842,949
Shareholder's Equity0.0%4,1574,1584,1504,1354,1244,0073,9163,8983,9024,2604,2714,2884,3194,2874,3114,3014,3324,6274,2224,1534,155
  Retained Earnings-0.7%-805-799-804-803-793-786-777-759-747-720-705-683-644-611-573-526-499-469-443-432-424
  Additional Paid-In Capital0.1%4,9724,9674,9644,9484,9284,8054,7054,6704,6634,6494,6454,6404,6344,5694,5554,4994,4954,4804,0423,9583,950
Shares Outstanding0.0%182182182182181176175175175-174,600174,589-171,707-------
Minority Interest--------0.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Float---7,736---7,534,963---8,177---6,111---8,616--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-36.5%12219211818111319011116411517212016110116160.0012810316492.00143106
Cashflow From Investing-64.9%-244-148-145-142-250-197-139-189-48.02-216-78.73-88.51-94.25-7.10-10.82-30.65-210-91.19-224-93.03-315
Cashflow From Financing-40.2%30.0050.0027.00-39.931417.00-21.61-92.28-439338-102-28.66-34.75-83.71-41.64119-24427955.00-84.09-284
  Dividend Payments0.0%10310310099.0098.0097.0093.0093.0093.0093.0091.0091.0090.0090.0088.0088.0088.0084.0081.0081.0079.00

NNN Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Rental income$ 826,090,000$ 771,618,000$ 723,859,000
Interest and other income from real estate transactions2,021,0001,435,0002,548,000
Total revenues828,111,000773,053,000726,407,000
Operating expenses:   
General and administrative43,746,00041,695,00044,640,000
Real estate28,378,00026,281,00028,385,000
Depreciation and amortization238,625,000223,834,000205,220,000
Leasing transaction costs299,000320,000203,000
Impairment losses - real estate, net of recoveries5,990,0008,309,00021,957,000
Executive retirement costs3,454,0007,520,0000
Total operating expenses320,492,000307,959,000300,405,000
Gain on disposition of real estate47,485,00017,443,00023,094,000
Earnings from operations555,104,000482,537,000449,096,000
Other expenses (revenues):   
Interest and other income(1,134,000)(149,000)(216,000)
Interest expense163,898,000148,065,000137,874,000
Loss on early extinguishment of debt0021,328,000
Total other expenses (revenues)162,764,000147,916,000158,986,000
Net earnings392,340,000334,621,000290,110,000
Loss (earnings) attributable to noncontrolling interests05,0003,000
Net earnings attributable to NNN392,340,000334,626,000290,113,000
Excess of redemption value over carrying value of preferred shares redeemed00(10,897,000)
Net earnings attributable to common stockholders$ 392,340,000$ 334,626,000$ 264,217,000
Net earnings per share of common stock:   
Basic (in dollars per share)$ 2.16$ 1.89$ 1.51
Diluted (in dollars per share)$ 2.16$ 1.89$ 1.51
Weighted average number of common shares outstanding:   
Basic (in shares)181,200,040176,403,656174,710,921
Diluted (in shares)181,689,723177,067,865174,818,899
Other comprehensive income:   
Net earnings attributable to NNN$ 392,340,000$ 334,626,000$ 290,113,000
Amortization of interest rate hedges2,471,0002,374,0003,073,000
Fair value of forward starting swaps00(1,584,000)
Comprehensive income attributable to NNN394,811,000337,000,000291,602,000
Comprehensive income attributable to non-controlling interests0(5,000)(3,000)
Total comprehensive income394,811,000336,995,000291,599,000
Series F Preferred Stock   
Other expenses (revenues):   
Preferred stock dividends$ 0$ 0$ (14,999,000)

NNN Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Real estate portfolio, net of accumulated depreciation and amortization$ 8,535,851,000$ 8,020,814,000
Cash and cash equivalents1,189,0002,505,000
Restricted cash and cash held in escrow3,966,0004,273,000
Receivables, net of allowance of $669 and $708, respectively3,649,0003,612,000
Accrued rental income, net of allowance of $4,168 and $3,836, respectively34,611,00027,795,000
Debt costs, net of accumulated amortization of $23,952 and $21,663, respectively3,243,0005,352,000
Other assets79,459,00081,694,000
Total assets8,661,968,0008,146,045,000
Liabilities:  
Line of credit payable132,000,000166,200,000
Mortgages payable, including unamortized premium and net of unamortized debt costs09,964,000
Notes payable, net of unamortized discount and unamortized debt costs4,228,544,0003,739,890,000
Accrued interest payable34,374,00023,826,000
Other liabilities109,593,00082,663,000
Total liabilities4,504,511,0004,022,543,000
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Common stock, $0.01 par value. Authorized 375,000,000 shares; 182,474,770 and 81,424,670 shares issued and outstanding, respectively1,826,0001,815,000
Capital in excess of par value4,971,625,0004,928,034,000
Accumulated deficit(805,883,000)(793,765,000)
Accumulated other comprehensive income (loss)(10,111,000)(12,582,000)
Total stockholders’ equity of NNN4,157,457,0004,123,502,000
Total liabilities and equity$ 8,661,968,000$ 8,146,045,000
NNN
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
 WEBSITEnnnreit.com
 INDUSTRYREIT Mortgage
 EMPLOYEES77

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 Fri Apr 19 2024, market cap of National Retail Properties Inc is 7.3 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 Fri Apr 19 2024, NNN's PE ratio (Price to Earnings) is 18.6 and Price to Sales (PS) ratio is 8.81. 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 0.056 (multiply by 100 for percentage) rate of return.