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NNN

46.20USD+0.04(+0.09%)Market Closed

National Retail Properties Inc

Market Summary

USD46.20+0.04Market Closed
0.09%

NNN Stock Price

RSI Chart

Valuation

Market Cap

7.4B

Price/Earnings

23.46

Price/Sales

9.9

Price/Cashflow

13.17

MarketCap/EBT

32.08

Price/Sales

Profitability

Return on Equity

8.07%

Return on Assets

4.05%

Fundamentals

Revenue

Revenue (TTM)

761.8M

Revenue Y/Y

7.27%

Revenue Q/Q

1.41%

Earnings

Earnings (TTM)

321.5M

Earnings Y/Y

6.62%

Earnings Q/Q

19.21%

Price Action

52 Week Range

37.5547.78
(Low)(High)

Last 7 days

0.4%

Last 30 days

9.4%

Last 90 days

5.0%

Trailing 12 Months

9.2%

Financial Health

Investor Care

Dividend Yield

5.06%

Dividend/Share (TTM)

2.14

Shares Dilution (1Y)

1.77%

Diluted EPS (TTM)

1.75

Peers (Alternatives to National Retail Properties)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.52% -6.45%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
6.93% -18.34%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
17.64% -31.38%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
7.68% -22.22%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
3.65% -22.62%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
8.55% 0.13%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
10.36% -10.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.12% -36.63%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
15.26% 15.23%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
6.39% -39.17%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
11.48% -28.89%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
9.20% 0.38%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-3.48% -25.18%
538.82
1.96
2.16% 107.41%
1.2B
-
10.74% 8.70%
5
3.44
120.87% 1462.96%

Financials for National Retail Properties

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.8%762749737726702
Operating Expenses0.2%309309305300295
  S&GA Expenses-2.3%4142444544
Net Income1.7%322316315290274
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.9%7,9527,8047,7727,7518,133
    Cash Equivalents-0.4%3354171544
Liabilities1.4%3,9453,8893,8743,8493,873
Shareholder's Equity2.3%4,0073,9163,8983,9024,260
  Retained Earnings-1.1%-786.53-777.94-759.23-747.85-720.24
  Additional Paid-In Capital2.1%4,8054,7054,6704,6634,649
Shares Outstanding1.2%179177176176176
Minority InterestNaN%--00.000.00
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations3.1%581563572568555
Cashflow From Investing3.3%-574.83-594.39-533.31-432.18-478.40
Cashflow From Financing-154.1%-545.97-214.85-295.78-232.16173
  Dividend Payments1.2%375371369367365

Risks

What is the probability of a big loss on NNN?

20.4%


Probability that National Retail Properties stock will be more than 20% underwater in next one year

19.6%


Probability that National Retail Properties stock will be more than 30% underwater in next one year.

19.6%


Probability that National Retail Properties stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NNN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if National Retail Properties was unfortunately bought at previous high price.

Returns

Cumulative Returns on NNN

9.0%


10-Year Cumulative Returns

7.4%


7-Year Cumulative Returns

7.0%


5-Year Cumulative Returns

-0.6%


3-Year Cumulative Returns

What are the long-term rolling returns for NNN?

FIve years rolling returns for National Retail Properties.

Which funds bought or sold NNN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
968,000
968,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
20.36
23,000
224,000
0.02%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
10,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1
-830,000
9,259,000
0.02%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-2,000
27,000
-%
2022-11-17
CENTRAL TRUST Co
ADDED
50
19,000
66,000
-%
2022-11-17
M&T Bank Corp
REDUCED
-3.06
-90,000
910,000
-%
2022-11-16
Neo Ivy Capital Management
NEW
-
32,000
32,000
0.08%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
NEW
-
5,057,000
5,057,000
0.03%
2022-11-16
GLENMEDE TRUST CO NA
NEW
-
512,000
512,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying NNN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NNN

National Retail Properties News

Best Stocks

Four Best Equity Real Estate Investment TrustsTo Buy Now In November.35 hours ago

NNN Fair Value

Recent SEC filings of National Retail Properties

View All Filings
Date Filed Form Type Document
Nov 02, 2022
8-K
Current Report
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for NNN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-31
Gulacsy Elizabeth
ACQUIRED
55,645.2
41.87
1,329
-
2022-10-31
Witherspoon Kamau Omari
ACQUIRED
47,061.9
41.87
1,124
-
2022-10-31
FRITSCH EDWARD J
ACQUIRED
33,119.2
41.87
791
-
2022-10-31
FICK DAVID M
ACQUIRED
58,659.9
41.87
1,401
-
2022-10-31
COSLER STEVEN D
ACQUIRED
72,518.8
41.87
1,732
-
2022-10-31
Beall Pamela K.M.
ACQUIRED
33,119.2
41.87
791
-
2022-10-31
HOLDEN BETSY D
ACQUIRED
68,499.3
41.87
1,636
-
2022-10-04
Beall Pamela K.M.
GIFTED
-
-
-23,800
-
2022-08-17
Gulacsy Elizabeth
ACQUIRED
55,617.1
47.74
1,165
-
2022-08-12
HABICHT KEVIN B
SOLD
-505,591
48.06
-10,520
EVP, Chief Financial Officer

1–10 of 50

Stephen A. Horn
70
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.

NNN Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Rental income$ 193,102$ 180,024$ 573,401$ 537,226
Interest and other income from real estate transactions3693331,1321,920
Total revenues193,471180,357574,533539,146
Operating expenses:    
General and administrative10,12411,07730,90634,693
Real estate5,8756,52119,24620,865
Depreciation and amortization56,38850,976166,512151,831
Leasing transaction costs9686260146
Impairment losses – real estate, net of recoveries9714,7817,22114,647
Executive retirement costs55606,8050
Total operating expenses74,01073,441230,950222,182
Gain on disposition of real estate5,8899,47310,65617,935
Earnings from operations125,350116,389354,239334,899
Other expenses (revenues):    
Interest and other income(33)(61)(120)(159)
Interest expense36,96233,518110,400101,190
Loss on early extinguishment of debt00021,328
Total other expenses (revenues)36,92933,457110,280122,359
Net earnings88,42182,932243,959212,540
Loss attributable to noncontrolling interests0153
Net earnings attributable to NNN88,42182,933243,964212,543
Series F preferred stock dividends0(4,485)0(13,455)
Net earnings attributable to common stockholders$ 88,421$ 78,448$ 243,964$ 199,088
Net earnings per share of common stock:    
Basic (in dollars per share)$ 0.50$ 0.45$ 1.39$ 1.14
Diluted (in dollars per share)$ 0.50$ 0.45$ 1.38$ 1.14
Weighted average number of common shares outstanding:    
Basic (in shares)176,900,786174,629,442175,542,356174,610,026
Diluted (in shares)177,367,710174,738,903175,993,907174,716,053
Other comprehensive income:    
Net earnings attributable to NNN$ 88,421$ 82,933$ 243,964$ 212,543
Amortization of interest rate hedges5955651,7702,494
Fair value of forward starting swaps01,58401,584
Comprehensive income attributable to NNN89,01681,914245,734213,453
Comprehensive loss attributable to noncontrolling interests0(1)(5)(3)
Total comprehensive income$ 89,016$ 81,913$ 245,729$ 213,450

NNN Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Real estate portfolio$ 7,826,292$ 7,449,846
Cash and cash equivalents3,277171,322
Receivables, net of allowance of $664 and $782, respectively2,9783,154
Accrued rental income, net of allowance of $3,924 and $4,587, respectively28,23131,942
Debt costs, net of accumulated amortization of $21,085 and $19,377, respectively5,8587,443
Other assets85,21187,347
Total assets7,951,8477,751,054
Liabilities:  
Line of credit payable47,5000
Mortgages payable, including unamortized premium and net of unamortized debt costs10,15110,697
Notes payable, net of unamortized discount and unamortized debt costs3,738,8433,735,769
Accrued interest payable57,38423,923
Other liabilities91,03779,002
Total liabilities3,944,9153,849,391
Stockholders’ equity:  
Common stock, $0.01 par value. Authorized 375,000,000 shares; 178,731,891 and 175,635,792 shares issued and outstanding, respectively1,7881,757
Capital in excess of par value4,804,8564,662,714
Accumulated deficit(786,526)(747,853)
Accumulated other comprehensive income (loss)(13,186)(14,956)
Total stockholders’ equity of NNN4,006,9323,901,662
Noncontrolling interests01
Total equity4,006,9323,901,663
Total liabilities and equity$ 7,951,847$ 7,751,054