National Retail Properties Inc
$ 42.91
0.07%
06 Feb - close price
- Market Cap 8,149,502,000 USD
- Current Price $ 42.91
- High / Low $ 43.37 / 42.66
- Stock P/E 20.63
- Book Value 23.28
- EPS 2.08
- Next Earning Report 2026-02-11
- Dividend Per Share $2.34
- Dividend Yield 5.46 %
- Next Dividend Date 2026-02-13
- ROA 0.04 %
- ROE 0.09 %
- 52 Week High 43.37
- 52 Week Low 33.79
About
National Retail Properties Inc. (NNN) is a premier real estate investment trust (REIT) specializing in the acquisition and management of a diverse portfolio of high-quality retail properties, predominantly leased to reputable national and regional tenants under long-term net lease agreements. The company focuses on providing consistent cash flow and attractive returns to its shareholders through a disciplined investment strategy that prioritizes portfolio quality and tenant reliability. With a strong acquisition pipeline and a proactive approach to market dynamics, NNN is strategically positioned to seize opportunities in the evolving retail sector while catering to the growing demand for premium real estate assets.
Analyst Target Price
$44.31
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-04 | 2025-08-05 | 2025-05-01 | 2025-02-11 | 2024-10-31 | 2024-08-01 | 2024-05-01 | 2024-02-08 | 2023-11-01 | 2023-08-02 | 2023-05-02 | 2023-02-09 |
| Reported EPS | 0.49 | 0.54 | 0.51 | 0.48 | 0.49 | 0.49 | 0.5 | 0.52 | 0.48 | 0.62 | 0.48 | 0.48 |
| Estimated EPS | 0.48 | 0.49 | 0.48 | 0.49 | 0.49 | 0.49 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 |
| Surprise | 0.01 | 0.05 | 0.03 | -0.01 | 0 | 0 | 0.02 | 0.04 | 0 | 0.14 | 0 | 0 |
| Surprise Percentage | 2.0833% | 10.2041% | 6.25% | -2.0408% | 0% | 0% | 4.1667% | 8.3333% | 0% | 29.1667% | 0% | 0% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-11 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 0.84 |
| Currency | USD |
Previous Dividend Records
| Feb 2026 | Nov 2025 | Jan 1970 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | Nov 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-02-13 | 2025-11-14 | None | 2025-05-15 | 2025-02-14 | 2024-11-15 | 2024-08-15 | 2024-05-15 | 2024-02-15 | 2023-11-15 |
| Amount | $0.6 | $0.6 | $0.6 | $0.58 | $0.58 | $0.58 | $0.58 | $0.565 | $0.565 | $0.565 |
Next Dividend Records
| Dividend per share (year): | $2.34 |
| Dividend Yield | 5.46% |
| Next Dividend Date | 2026-02-13 |
| Ex-Dividend Date | 2026-01-30 |
Recent News: NNN
2026-02-05 10:59:11
Deutsche Bank recently upgraded NNN REIT to "Buy," citing its focus on long-term, triple-net retail and service-oriented leases across a diversified U.S. portfolio as a key risk-management feature. While the upgrade primarily impacts sentiment, the article emphasizes that NNN REIT's investment narrative still hinges on steady rental income from its diversified tenant base and upcoming Q4 2025 earnings, despite concerns about modest growth and borrowing costs. Furthermore, NNN REIT's shares may still be undervalued by up to 46% despite recent price increases.
2026-02-04 16:59:50
NNN REIT (NNN) is projected to release its Q4 2025 earnings before market open on Wednesday, February 11th, with analysts expecting $0.86 EPS and $233.37 million in revenue. The company recently declared a quarterly dividend of $0.60 per share, yielding 5.7%, and its stock is currently rated as a "Hold" by analysts with an average target price of $43.71. Institutional investors have adjusted their stakes in NNN, with hedge funds and other institutional investors owning 89.96% of the company's stock.
2026-01-30 17:20:00
Deutsche Bank has upgraded NNN REIT, Inc. (NYSE: NNN) to Buy with a $47 price target, seeing relative opportunity despite a weak broader REIT sector. The bank anticipates the REIT group will continue to lag the S&P 500, forecasting a 10.3% return for REITs compared to a 16.9% upside for the S&P 500. NNN REIT is viewed as a more defensive player due to its focus on retail and service-oriented properties with stable tenants and long-term leases, providing predictable income in a challenging macroeconomic environment.
2026-01-30 10:31:44
NNN REIT has reaffirmed its quarterly dividend, continuing a 36-year streak of annual dividend growth, which highlights management's focus on income stability and long-term capital returns. The stock is currently trading below analyst targets and Simply Wall St's fair value estimate, suggesting it may be undervalued. Key factors for investors include rent growth, acquisitions, and the company's P/E ratio relative to its industry, while noting a flagged risk regarding interest payment coverage.
2026-01-29 07:30:12
NNN REIT (NNN) has announced a quarterly dividend of US$0.60 per share, continuing its 36-year streak of dividend increases. This reinforces its identity as a stable income investment, appealing to those prioritizing reliability over rapid growth, despite recent trims in 2025 earnings guidance and slight margin decreases. Investors are encouraged to consider the company's long-term triple net leases and focus on recurrent income, while also weighing risks such as slower earnings growth and softer interest coverage.
2026-01-28 18:30:12
NNN REIT, Inc. announced the pricing of its public offering of $500 million of 5.500% senior unsecured notes due 2034. The offering is expected to close on May 29, 2024, with interest payable semi-annually. Proceeds will be used to repay existing debt, fund future property acquisitions, and for general corporate purposes.
