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NNN Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
45.270
Open
45.090
VWAP
45.04
Vol
258.96K
Mkt Cap
8.60B
Low
44.785
Amount
11.66M
EV/EBITDA(TTM)
15.94
Total Shares
189.94M
EV
13.42B
EV/OCF(TTM)
20.12
P/S(TTM)
9.19
NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. The Company invests primarily in retail real estate that is typically well located within each local market for its tenants' retail lines of trade. The Company's property portfolio includes convenience stores; automotive service; restaurants - limited service; restaurants - full service; family entertainment centers; recreational vehicle dealers, parts and accessories; theaters; health and fitness; equipment rental; wholesale clubs; automotive parts; drug stores; home improvement; medical service providers; general merchandise, and pet supplies and services. The Company owns approximately 3,568 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 9.9 years.
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Events Timeline

(ET)
2026-02-19
16:40:00
NNN REIT Chairperson Steven Cosler Retires
select
2026-02-11 (ET)
2026-02-11
08:40:00
NNN Reports Q4 Revenue of $238.40M, Beating Expectations
select
2026-02-11
08:40:00
FY26 Real Estate Depreciation per Share $1.45
select

News

moomoo
6.0
03-09moomoo
NNN REIT INC: UBS Increases Price Target to $45, Up from $43
  • UBS Raises Target Price: UBS has increased its target price for a specific stock from $43 to $45.

  • Market Implications: This adjustment reflects UBS's positive outlook on the stock's performance in the market.

PRnewswire
5.0
02-19PRnewswire
NNN REIT Chair Steven D. Cosler Retires, Edward J. Fritsch Appointed as Successor
  • Board Transition: NNN REIT's Board announced the retirement of Chair Steven D. Cosler effective February 18, 2026, with independent director Edward J. Fritsch appointed as his successor, ensuring continuity and stability in governance.
  • Leadership Contributions: Cosler has been on the Board since August 2016 and served as Chair since May 2021, providing crucial leadership and guidance during significant market disruptions, thereby enhancing investor confidence in the company.
  • New Chair Background: Fritsch has been a Board member since February 2012 and previously served as President and CEO of Highwoods Properties, Inc., bringing extensive REIT experience that will offer new perspectives and strategic direction for the company.
  • Company Performance Overview: As of December 31, 2025, NNN owned 3,692 properties across all 50 states and Puerto Rico, with a gross leasable area of approximately 39.6 million square feet and a weighted average remaining lease term of 10.2 years, demonstrating the company's strong capability for stable long-term returns.
Newsfilter
5.0
02-19Newsfilter
NNN REIT Chairperson Retires, Successor Appointed
  • Board Transition: NNN REIT's Board announced the retirement of Chairperson Steven D. Cosler effective February 18, 2026, with independent director Edward J. Fritsch appointed as his successor, marking a significant leadership change that may influence the company's strategic direction moving forward.
  • Leadership Contributions: Cosler has been on the Board since August 2016 and served as Chair since May 2021, providing steady leadership during market disruptions, while Fritsch's appointment is expected to continue driving long-term shareholder value creation.
  • Board Experience: Fritsch has been on NNN's Board since February 2012 and previously served as President and CEO of Highwoods Properties, Inc., bringing extensive REIT experience that is likely to enhance the Board's decision-making capabilities.
  • Company Performance: As of December 31, 2025, NNN owned 3,692 properties with a gross leasable area of approximately 39.6 million square feet and a weighted average remaining lease term of 10.2 years, demonstrating the company's strong position in the long-term leasing market and its ability to sustain dividend growth.
Benzinga
9.5
02-12Benzinga
Comparison of ADC and NNN Q4 Earnings Highlights
  • Financial Performance Comparison: ADC reported Q4 AFFO of $1.11 per share, a 6.5% year-over-year increase, with full-year AFFO reaching $4.33, indicating strong financial health; in contrast, NNN's AFFO was $0.87 per share, up 6.1%, with revenue rising 9.1%, both exceeding expectations.
  • Growth Model Differences: ADC accelerates growth through external financing, raising capital via forward equity offerings and bond issuances, with liquidity exceeding $2 billion and a 2026 investment guidance of $1.4 to $1.6 billion; conversely, NNN relies on internal funding, planning $550 to $650 million in acquisitions for 2026, reducing dependence on capital markets.
  • Balance Sheet Defense: ADC's net debt-to-EBITDA ratio stands at 3.8x, demonstrating strong leverage control, while NNN's ratio is 5.6x, higher in absolute terms but with a weighted average debt maturity of 10.8 years, providing a longer defensive period.
  • Future Outlook: ADC anticipates 2026 AFFO of $4.54 to $4.58, implying a 5.4% growth rate, while NNN expects $3.52 to $3.58, with a 3.2% growth rate; their dividend yields are 4.2% and 5.5%, respectively, reflecting differing market expectations for growth potential.
seekingalpha
9.5
02-11seekingalpha
NNN REIT Reports Record Acquisitions and Growth Outlook for 2026
  • Performance Growth: NNN REIT achieved a 2.7% increase in AFFO per share for Q4 2025, with over $900 million in acquisitions for the year, marking the highest annual volume in the company's history, indicating strong market demand and expansion capability.
  • Consecutive Dividend Increase: The company celebrated its 36th consecutive annual dividend increase, reflecting stable cash flows and robust financial management, which enhances investor confidence and attracts more long-term investments.
  • Effective Asset Management: The occupancy rate rose to 98.3% in Q4, up 80 basis points from the previous quarter, showcasing the asset management team's high execution efficiency, which helps boost rental income and overall investment returns.
  • Optimistic Future Outlook: The CFO announced a guidance range for AFFO per share of $3.52 to $3.58 for 2026, projecting a year-over-year growth rate of 3.2%, demonstrating the company's growth potential under ongoing investments and proactive management, thereby strengthening market confidence in its future performance.
NASDAQ.COM
2.0
02-11NASDAQ.COM
NNN REIT NNN Q4 2025 Earnings Call Transcript
Wall Street analysts forecast NNN stock price to rise
8 Analyst Rating
Wall Street analysts forecast NNN stock price to rise
1 Buy
6 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
43.00
Averages
43.88
High
48.00
Current: 0.000
sliders
Low
43.00
Averages
43.88
High
48.00
UBS
Neutral
maintain
$43 -> $45
AI Analysis
2026-03-09
New
Reason
UBS
Price Target
$43 -> $45
AI Analysis
2026-03-09
New
maintain
Neutral
Reason
UBS raised the firm's price target on NNN REIT to $45 from $43 and keeps a Neutral rating on the shares.
BofA
Jana Galan
Underperform
maintain
$45 -> $46
2026-02-17
Reason
BofA
Jana Galan
Price Target
$45 -> $46
2026-02-17
maintain
Underperform
Reason
BofA analyst Jana Galan raised the firm's price target on NNN REIT to $46 from $45 and keeps an Underperform rating on the shares. The company is updating its price targets for triple-net REITs under its coverage following Q4 results, the analyst tells investors. Key points include acquisition activity remained elevated in Q4, most net lease REITs expect to maintain 100-150bp investment spreads, and potential upside to guidance from increased investment activity, the firm says
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NNN
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Valuation Metrics

The current forward P/E ratio for NNN REIT Inc (NNN.N) is 19.38, compared to its 5-year average forward P/E of 22.77. For a more detailed relative valuation and DCF analysis to assess NNN REIT Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
22.77
Current PE
19.38
Overvalued PE
25.60
Undervalued PE
19.94

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.62
Current EV/EBITDA
13.91
Overvalued EV/EBITDA
16.76
Undervalued EV/EBITDA
14.48

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
9.49
Current PS
7.86
Overvalued PS
10.53
Undervalued PS
8.45

Financials

AI Analysis
Annual
Quarterly

Whales Holding NNN

L
LaSalle Investment Management Securities, LLC
Holding
NNN
+11.63%
3M Return
C
CenterSquare Investment Management LLC
Holding
NNN
+11.21%
3M Return
S
Security Capital Research & Management Incorporated
Holding
NNN
+6.76%
3M Return
M
Mondrian Investment Partners Limited
Holding
NNN
+5.40%
3M Return
E
Equity Investment Corporation
Holding
NNN
+2.62%
3M Return
R
Rush Island Management, LP
Holding
NNN
+1.35%
3M Return

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Frequently Asked Questions

What is NNN REIT Inc (NNN) stock price today?

The current price of NNN is 45.05 USD — it has decreased -0.55

What is NNN REIT Inc (NNN)'s business?

NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. The Company invests primarily in retail real estate that is typically well located within each local market for its tenants' retail lines of trade. The Company's property portfolio includes convenience stores; automotive service; restaurants - limited service; restaurants - full service; family entertainment centers; recreational vehicle dealers, parts and accessories; theaters; health and fitness; equipment rental; wholesale clubs; automotive parts; drug stores; home improvement; medical service providers; general merchandise, and pet supplies and services. The Company owns approximately 3,568 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 9.9 years.

What is the price predicton of NNN Stock?

Wall Street analysts forecast NNN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NNN is43.88 USD with a low forecast of 43.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is NNN REIT Inc (NNN)'s revenue for the last quarter?

NNN REIT Inc revenue for the last quarter amounts to 238.40M USD, increased 9.12

What is NNN REIT Inc (NNN)'s earnings per share (EPS) for the last quarter?

NNN REIT Inc. EPS for the last quarter amounts to 0.51 USD, decreased -1.92

How many employees does NNN REIT Inc (NNN). have?

NNN REIT Inc (NNN) has 85 emplpoyees as of March 11 2026.

What is NNN REIT Inc (NNN) market cap?

Today NNN has the market capitalization of 8.60B USD.