NNN
NEUTRAL
$43.79
Live
NNN REIT, Inc. · NYSE
Target $45.57
(+4.1%)
$38.9
52W Range
$46.03
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated May 01, 2026
Market cap
$8.33B
P/E
21.15
ROE
8.9%
Profit margin
42.1%
Debt/Equity
1.09
Dividend yield
5.51%
AI Analysis
AI-powered fundamental assessment
Confidence
85%
NNN presents as a stable but overvalued REIT, evidenced by a Piotroski F-Score of 4/9 and a current price ($43.79) significantly exceeding its Graham Number ($32.88) and Intrinsic Value ($14.49). While the company boasts a stellar track record of earnings beats and strong profit margins, the dividend payout ratio of 114.01% is a critical sustainability concern. Bearish insider activity from the CEO, COO, and CTO, combined with a 0/100 technical trend, suggests limited near-term upside. The stock is currently a defensive income play trading at a premium.
Key Strengths
Consistent earnings performance with 4/4 beats in the last 4 quarters
Strong profitability with a 42.08% profit margin and 62.22% operating margin
P/E ratio (21.15) is significantly lower than the sector average (39.75)
Positive revenue growth of 9.10% YoY
Stable financial health baseline with a Piotroski F-Score of 4/9
Key Risks
Unsustainable dividend payout ratio of 114.01%
Significant valuation gap between current price and Graham/Intrinsic values
Bearish insider sentiment with sales from top three executives (CEO, COO, CTO)
Extremely low liquidity indicated by a current ratio of 0.12
Negative YoY earnings growth of -2.20%
AI Fair Value Estimate
Based on comprehensive analysis
$34.5
-21.2% below current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
51
Moderate
30
50
85
50
40
AI Verdict
Overvalued Income Play
Key drivers: Dividend sustainability, Valuation premium, Insider selling, Earnings consistency
Confidence
90%
Value
30/100
Ref P/E 21.15, Graham Number $32.88
Positives
- P/E lower than sector average
Watchpoints
- Price $43.79 is 33% above Graham Number
- Price is 200% above growth-based intrinsic value
Future
50/100
Ref Growth rates
Positives
- Steady revenue growth (9.10%)
Watchpoints
- Negative earnings growth (-2.20%)
- Bearish technical trend (0/100)
Past
85/100
Ref Historical trends
Positives
- Exceptional earnings beat record over 25 quarters
- Consistent dividend payments
Watchpoints
- Recent slight dip in earnings growth
Health
50/100
Ref Piotroski F-Score
Positives
- Piotroski F-Score 4/9 (Stable)
- Manageable Debt/Equity (1.09)
Watchpoints
- Critically low current ratio (0.12)
- Low quick ratio (0.08)
Dividend
40/100
Ref Yield, Payout
Positives
- Attractive yield of 5.51%
Watchpoints
- Payout ratio of 114.01% indicates dividends exceed earnings
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$43.79
Analyst Target
$45.57
Upside/Downside
+4.1%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for NNN and closest competitors.
Updated 2026-04-30
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
NNN
NNN REIT, Inc.
Primary
|
+19.7% | +18.2% | +11.3% | +10.4% | +4.2% | -1.1% |
|
ADC
Agree Realty Corporation
Peer
|
+38.9% | +12.4% | +5.9% | +0.8% | +0.6% | -0.9% |
|
CTRE
CareTrust REIT, Inc.
Peer
|
+97.7% | +128.4% | +40.4% | +10.1% | +2.1% | -3.9% |
|
FR
First Industrial Realty Trust, Inc.
Peer
|
+43.1% | +30.7% | +33.3% | +11.2% | +6.2% | -3.7% |
|
LINE
Lineage, Inc.
Peer
|
-53.9% | -53.9% | -30.4% | -10.3% | -10.9% | +4.2% |
NNN
NNN REIT, Inc.
Primary
5Y
+19.7%
3Y
+18.2%
1Y
+11.3%
6M
+10.4%
1M
+4.2%
1W
-1.1%
ADC
Agree Realty Corporation
Peer
5Y
+38.9%
3Y
+12.4%
1Y
+5.9%
6M
+0.8%
1M
+0.6%
1W
-0.9%
CTR
CareTrust REIT, Inc.
Peer
5Y
+97.7%
3Y
+128.4%
1Y
+40.4%
6M
+10.1%
1M
+2.1%
1W
-3.9%
FR
First Industrial Realty Trust, Inc.
Peer
5Y
+43.1%
3Y
+30.7%
1Y
+33.3%
6M
+11.2%
1M
+6.2%
1W
-3.7%
LIN
Lineage, Inc.
Peer
5Y
-53.9%
3Y
-53.9%
1Y
-30.4%
6M
-10.3%
1M
-10.9%
1W
+4.2%
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
21.15
Forward P/E
20.65
PEG Ratio
N/A
P/B Ratio
1.89
P/S Ratio
8.99
EV/Revenue
14.12
EV/EBITDA
15.62
Market Cap
$8.33B
Profitability
Profit margins and return metrics
Profit Margin
42.08%
Operating Margin
62.22%
Gross Margin
95.96%
ROE
8.89%
ROA
3.92%
Growth
Revenue and earnings growth rates
Revenue Growth
+9.1%
Earnings Growth
-2.2%
Q/Q Revenue Growth
+9.12%
Q/Q Earnings Growth
-2.0%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
1.09
Moderate
Current Ratio
0.12
Weak
Quick Ratio
0.08
Poor
Cash/Share
$0.03
Financial Statement Flow
Interactive flow visualization showing how money moves through the company Q4 2025
Revenue
$0.2B
Gross Margin
95.8%
Op. Margin
60.9%
Net Margin
40.2%
Total Assets
$9.4B
Liabilities
$5.0B
Equity
$4.4B
Debt/Equity
1.13x
Operating CF
$0.1B
Free Cash Flow
$0.1B
FCF Yield
100%
Quarterly Earnings History
EPS performance vs analyst estimates
2026-02-11
$0.51
+1.2% surprise
2025-11-04
$0.49
+2.5% surprise
2025-08-05
$0.54
+10.4% surprise
2025-05-01
$0.51
+5.4% surprise
Real Estate Sector Comparison
Comparing NNN against 204 companies in the Real Estate sector
(10 bullish, 42 neutral, 152 bearish)
P/E Ratio
21.15
This Stock
vs
40.56
Sector Avg
-47.8%
(Discount)
Return on Equity (ROE)
8.89%
This Stock
vs
-27.72%
Sector Avg
-132.1%
(Below Avg)
Profit Margin
42.08%
This Stock
vs
11.81%
Sector Avg
+256.2%
(Superior)
Debt to Equity
1.09
This Stock
vs
2.39
Sector Avg
-54.3%
(Less Debt)
Revenue Growth
9.1%
This Stock
vs
13794.44%
Sector Avg
-99.9%
(Slower)
Current Ratio
0.12
This Stock
vs
8.6
Sector Avg
-98.7%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
NNN
NNN REIT, Inc.
|
NEUTRAL | $8.33B | 21.15 | 8.9% | 42.1% | $43.79 | |
|
ADC
Agree Realty Corporation
|
NEUTRAL | $8.36B | 42.18 | 3.5% | 28.1% | $72.55 | Compare |
|
CTRE
CareTrust REIT, Inc.
|
NEUTRAL | $8.47B | 24.18 | 9.2% | 67.3% | $37.96 | Compare |
|
FR
First Industrial Realty Trust, Inc.
|
NEUTRAL | $8.14B | 23.7 | 12.8% | 46.0% | $61.37 | Compare |
|
LINE
Lineage, Inc.
|
BEARISH | $8.56B | - | -1.2% | -1.9% | $34.33 | Compare |
NNN
NNN REIT, Inc.
NEUTRAL
Mkt Cap
$8.3B
P/E
21.2
ROE
8.9%
Price
$43.79
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-09 | HORN STEPHEN A JR | Chief Executive Officer | Sale | 33,192 | $1,492,976 |
| 2026-03-06 | ADAMO JONATHAN | Chief Operating Officer | Sale | 6,000 | $269,940 |
| 2026-02-20 | MILLER MICHELLE LYNN | Chief Technology Officer | Sale | 4,000 | $176,120 |
| 2026-02-17 | HORN STEPHEN A JR | Chief Executive Officer | Stock Award | 214,216 | $9,498,337 |
| 2026-02-17 | MILLER MICHELLE LYNN | Chief Technology Officer | Stock Award | 23,048 | $1,021,948 |
| 2026-02-17 | ADAMO JONATHAN | Chief Operating Officer | Stock Award | 36,892 | $1,635,791 |
| 2026-02-17 | STEFFENS GINA M | General Counsel | Stock Award | 30,148 | $1,336,762 |
| 2026-02-17 | CHAO VINCENT H. | Chief Financial Officer | Stock Award | 54,546 | $2,418,570 |
| 2026-02-17 | LEWIS JOSHUA PHILLIP | Chief Investment Officer | Stock Award | 26,340 | $1,167,916 |
| 2026-01-30 | FICK DAVID M | Director | Stock Award | 1,833 | $76,656 |
| 2026-01-30 | GULACSY ELIZABETH C. | Director | Stock Award | 1,077 | $45,040 |
| 2026-01-30 | HOLDEN BETSY DEHAAS | Director | Stock Award | 1,276 | $53,362 |
| 2026-01-30 | WITHERSPOON KAMAU OMARI | Director | Stock Award | 1,428 | $59,719 |
| 2026-01-30 | BEALL PAMELA K. M. | Director | Stock Award | 867 | $36,258 |
| 2026-01-30 | COSLER STEVEN D | Director | Stock Award | 1,568 | $65,574 |
HORN STEPHEN A JR
Chief Executive Officer
2026-03-09
33,192 shares
·
$1,492,976
ADAMO JONATHAN
Chief Operating Officer
2026-03-06
6,000 shares
·
$269,940
MILLER MICHELLE LYNN
Chief Technology Officer
2026-02-20
4,000 shares
·
$176,120
HORN STEPHEN A JR
Chief Executive Officer
2026-02-17
214,216 shares
·
$9,498,337
MILLER MICHELLE LYNN
Chief Technology Officer
2026-02-17
23,048 shares
·
$1,021,948
ADAMO JONATHAN
Chief Operating Officer
2026-02-17
36,892 shares
·
$1,635,791
STEFFENS GINA M
General Counsel
2026-02-17
30,148 shares
·
$1,336,762
CHAO VINCENT H.
Chief Financial Officer
2026-02-17
54,546 shares
·
$2,418,570
LEWIS JOSHUA PHILLIP
Chief Investment Officer
2026-02-17
26,340 shares
·
$1,167,916
FICK DAVID M
Director
2026-01-30
1,833 shares
·
$76,656
GULACSY ELIZABETH C.
Director
2026-01-30
1,077 shares
·
$45,040
HOLDEN BETSY DEHAAS
Director
2026-01-30
1,276 shares
·
$53,362
WITHERSPOON KAMAU OMARI
Director
2026-01-30
1,428 shares
·
$59,719
BEALL PAMELA K. M.
Director
2026-01-30
867 shares
·
$36,258
COSLER STEVEN D
Director
2026-01-30
1,568 shares
·
$65,574
Insider transactions can signal confidence or concerns about company prospects
SEC Filings
Recent regulatory filings from the SEC EDGAR database
8-K
10-Q
DEF 14A
8-K
10-K
8-K
8-K
10-Q
8-K
8-K
Data sourced from SEC EDGAR. AI summaries generated automatically.
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
HOLD
15 analysts
Morgan Stanley
2026-04-28
Overweight
Overweight
Barclays
2026-04-21
Underweight
Underweight
Evercore ISI Group
2026-03-17
In-Line
In-Line
Raymond James
2026-03-17
Outperform
Market Perform
UBS
2026-03-09
Neutral
Neutral
BNP Paribas
2026-02-12
Underperform
Underperform
UBS
2026-01-08
Neutral
Neutral
Evercore ISI Group
2025-12-15
In-Line
In-Line
Wells Fargo
2025-11-25
Equal-Weight
Equal-Weight
B. Riley Securities
2025-11-14
Neutral
Neutral
Past News Coverage
Recent headlines mentioning NNN from our newsroom.
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