NNN REIT, Inc.

NNN REIT, Inc.

NNNยทNYSE

$44.19

+0.31%
Real EstateREIT - Retail

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.

At a Glance

Live Snapshot
Market Cap$8.41B
EPS2.0700
P/E Ratio19.08
Earnings Date08/04/2026
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NNN REIT, Inc. Street Expectations Map

NNN ยท NYSE

Wall Street analysts project that NNN stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 46.44, with estimates ranging from a low of 43.00 to a high of 50.00.

Lowest Target
43.00
-2.69%
Consensus Target
46.44
5.09%
Highest Target
50.00
13.15%

The consensus 1-year price target stands at 46.44, with estimates ranging from a low of 43.00 to a high of 50.00.

Analyst Consensus Analysis

Upside Potential

+5.1%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

15.1% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

4.88x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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NNN REIT, Inc. Forward Estimates of Revenue

NNN ยท NYSE
Latest Revenue
926.21M
FY 2025
Avg Estimate
959.49M
FY 2026
Estimate Range
927.28M - 990.45M
Analyst Spread

Forward Growth Analysis

Projected Growth+3.6%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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NNN REIT, Inc. Forward Estimates of Net Income

NNN ยท NYSE
Latest Net Income
389.78M
FY 2025
Avg Estimate
373.98M
FY 2026
Estimate Range
369.27M - 378.69M
Analyst Spread

Forward Growth Analysis

Projected Growth-4.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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NNN REIT, Inc. Forward Estimates of EPS

NNN ยท NYSE
Latest EPS
2.07
FY 2025
Avg Estimate
$2.02
FY 2026
Estimate Range
$2.01 - $2.06
Analyst Spread

Forward Growth Analysis

Projected Growth-2.2%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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NNN REIT, Inc. Forward Estimates of EBIT

NNN ยท NYSE
Latest EBIT
592.04M
FY 2025
Avg Estimate
594.06M
FY 2026
Estimate Range
574.11M - 613.22M
Analyst Spread

Forward Growth Analysis

Projected Growth+0.3%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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NNN REIT, Inc. Forward Estimates of EBITDA

NNN ยท NYSE
Latest EBITDA
860.48M
FY 2025
Avg Estimate
871.36M
FY 2026
Estimate Range
842.11M - 899.47M
Analyst Spread

Forward Growth Analysis

Projected Growth+1.3%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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NNN REIT, Inc. Forward Estimates of SG&A Expense

NNN ยท NYSE
Latest SG&A Expense
46.92M
FY 2025
Avg Estimate
56.20M
FY 2026
Estimate Range
54.32M - 58.01M
Analyst Spread

Forward Growth Analysis

Projected Growth+19.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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NNN REIT, Inc. Insider Positioning

NNN ยท NYSE

During the last 12 months, insiders have sold $2.56M worth of NNN shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

39.2K

1.76M

Net Activity

-1.8M

-$1.76M

3-6 Months

Bought

0

0.00

Sold

4.0K

176.12K

Net Activity

-176K

-$176K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

14.8K

625.86K

Net Activity

-626K

-$626K

Top Buyers

No buying activity

Top Sellers

1
HSAJ

Horn Stephen A Jr

Officer: President & Ceo

33.2K sharesโ€ข1 transactions

$1.49M

2
MML

Miller Michelle Lynn

Officer: Evp,Chief Acctg & Tech Officer

14.0K sharesโ€ข2 transactions

$598K

3
AJ

Adamo Jonathan

Officer: Evp Chief Portfolio Operations

10.8K sharesโ€ข2 transactions

$474K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.56M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.76M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.