NNN

NNN REIT

Fundamental data last updated:March 30, 2026

company profile

SECTOR

Real Estate

industry

REIT - Retail

Exchange

NYSE

County of HQ

United States

Next Earnings Date

05/07/26

Business Summary

NNN REIT is a retail-focused real estate investment trust that acquires, owns, and manages single-tenant retail properties. The company generates revenue primarily through long-term lease agreements with retail tenants across its property portfolio.

VALUATION

P/E

20.2

Market Cap ($M USD)

$7,979

Forward P/E

19.8

PEG

3.5

PRICE TO SALES

8.5

PRICE TO BOOK

1.8

EV / EBITDA

14.8

5-Year Average P/E

DIVIDEND

Yield

5.70%

Annual Payout

$2.40

Payout Ratio

114.00%

Consecutive Years of Dividend Growth

10+

5-Year Dividend Growth Rate

2.90%

Financial Health & Profitability

Earnings Per Share

$2.07

Next Year EPS Growth Estimate

$2.12

Next Year Revenue Growth Estimate

5.40%

Return on Equity (ROE)

8.80%

Operating Margin

61.50%

Debt-to-Equity

1.1

Piotroski F-Score

5

Altman Z-Score

1.1

Return on Invested Capital (ROIC)

6.00%%

Current Ratio

0.2

Quick Ratio

Gainseekers Quantitative Analysis

Summary

NNN REIT has a market cap of $7,979M and trades at a Price / Earnings ratio of 20.2 with a Forward P/E of 19.8, reflecting moderate valuation levels. The company reports Return on Equity of 5.40% and an Operating Margin of 8.80%, alongside Debt / Equity of 61.50%. It offers a TTM Yield of 1.1 and a Dividend Per Share of 5.70%, with institutional ownership at $45.46 and short interest of 2.90%.

AI Exposure / Tech Reliance

As a retail-focused REIT, the company’s operations are primarily tied to physical real estate assets rather than direct technology or AI exposure. Its performance is more dependent on property fundamentals than technological innovation.

The Bull Case

The stock’s Forward P/E of 19.8 and PEG Forward of 3.5 suggest expectations for continued earnings stability, supported by EPS of 14.8 and EPS Next Year (Est.) of $2.07. A Dividend Per Share of 5.70% and a Dividend 5-Year Avg (%) of 10+ may appeal to income-oriented investors.

The Bear Case

A Debt / Equity ratio of 61.50% combined with Return on Equity of 5.40% could limit financial flexibility and profitability expansion. The relatively modest Operating Margin of 8.80% and Price / Sales ratio of 8.5 may constrain upside if growth expectations are not met.

Market Sentiment & Smart Money

Short Interest %

4.70%

Analyst Consensus

2.97

Average Analyst Price Target

$45.46

Institutional Ownership %

94.30%

1-Year Beta

0.28

Insider Buying % (6 Mo)

0.90%%

Distance to 52-Week High

91.10%%

Distance to 52-Week Low

117.20%%