Research desk / Research profile / NNN
Inside the research
NNN REIT, Inc. NNN Research profile · latest available data
Price overview The Verdict Risk Metrics Material Events Top Holders
Hold
Our score -0.36
Short -0.18 Medium -0.49 Long -0.48
computed 2026-09-27
NNN REIT, Inc.
Real Estate · REIT - Retail
Market cap $7.86B Enterprise value $12.92B Trailing P/E 20.34x Forward P/E 19.52x EV / EBITDA 15.02x P / S (ttm) 8.32x Profit margin 40.4% Return on equity 8.7% Revenue growth +7.7% Earnings growth -3.7% Debt / equity 112.12
Layer Raw Contribution Fundamental +0.12 Sector -0.04 Technical -0.28 Earnings +0.00 Sentiment +0.11
macro × 1.00 · 2026-09-27
NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2026, the Company owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico, encompassing approximately 40.4 million square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years. NNN REIT, Inc. was incorporated in August 1984 in Maryland and is based in Orlando, Florida.
United States · www.nnnreit.com
Beta vs SPX 0.20 Corr SPX 0.17 Annual vol 18.7% Annual ret -5.5% Sharpe -0.30 Max DD -23.9%
Window: 504 trading days (504 obs)
Mean PT $45.97 High / Low $50.00 / $44.00 Median $46.00 Analysts 15
Strong Buy 1 Buy 2 Hold 11 Sell 0 Strong Sell 3
Recent rating actions
2026-05-07 Citigroup → Neutral 2026-05-01 RBC Capital → Sector Perform 2026-04-28 Morgan Stanley → Overweight 2026-04-21 Barclays → Underweight 2026-03-17 Raymond James → Market Perform 2026-03-17 Evercore ISI Group → In-Line
Date Event 8-K 2026-08-07 Other Material Event, Exhibits read 2026-08-05 Earnings Release, Exhibits read 2026-06-23 Material Agreement, Material Obligation read 2026-05-12 Shareholder Vote read 2026-04-30 Earnings Release, Exhibits read 2026-02-19 Officer / Director Change, Reg FD Disclosure… read 2026-02-11 Earnings Release, Exhibits read 2025-12-17 Material Agreement, Material Obligation read 2025-11-04 Earnings Release, Exhibits read 2025-08-15 Other Material Event read 2025-08-05 Earnings Release, Exhibits read 2025-08-01 Officer / Director Change, Exhibits read
Insider 180d net $0 Insider buys / sells 0 / 0 Insider bias Neutral 13F holders 8 Top-5 share 97.9% HHI 2,881 (concentrated)
Holder Value Shares Fidelity / FMR LLC $532.16M 11.44M State Street Corp $527.95M 11.35M AQR Capital Management $454.74M 9.77M Capital Research / Capital World $54.76M 1.18M Citadel Advisors $34.96M 751.30K Renaissance Technologies $20.56M 441.80K Millennium Management $13.37M 287.36K T. Rowe Price Group $9.63K 206.99K
As of 2026-06-30
Yield (TTM) 4.36% $ / share (TTM) $1.80 5y CAGR +2.7%
Annual dividend per share
2021 $2.10 2022 $2.16 2023 $2.23 2024 $2.29 2025 $2.36 2026 $1.20
FY 2010–2025 · 16 years
Line Latest CAGR Trend Revenue $828.11M +8.9% Operating income $555.10M +9.3% Net income $392.34M +14.0% Cash from ops $612.41M +8.2%
Date Open High Low Close Vol Sep 25 $41.15 $41.35 $40.87 $41.30 2.01M Sep 24 $41.68 $41.68 $40.90 $41.18 1.77M Sep 23 $41.50 $41.52 $40.96 $41.33 2.32M Sep 22 $41.71 $41.86 $41.32 $41.60 2.82M Sep 21 $41.61 $42.23 $41.43 $41.63 2.68M
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →