National Retail Properties Stock Today

NNN Stock  USD 48.65  0.48  1.00%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 24

 
High
 
Low
Low
National Retail is selling at 48.65 as of the 10th of September 2024; that is 1.00 percent increase since the beginning of the trading day. The stock's open price was 48.17. National Retail has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for National Retail Properties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of July 2024 and ending today, the 10th of September 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
26th of March 1990
Category
Real Estate
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years. The company has 183.66 M outstanding shares of which 4.13 M shares are now shorted by investors with about 3.44 days to cover. More on National Retail Properties

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

National Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJulian Whitehurst
Old Names[Nanosynth Group PLC, Nickel One Resources Inc]
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06060.0453
Significantly Up
Slightly volatile
Asset Turnover0.110.0956
Fairly Up
Pretty Stable
Gross Profit Margin0.750.9657
Significantly Down
Very volatile
Net Debt4.6 B4.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities234.9 M166.4 M
Significantly Up
Pretty Stable
Non Current Liabilities Total4.6 B4.3 B
Sufficiently Up
Slightly volatile
Total Assets9.1 B8.7 B
Sufficiently Up
Slightly volatile
Total Current Assets48.7 M51.2 M
Notably Down
Pretty Stable
Total Cash From Operating Activities643 M612.4 M
Sufficiently Up
Slightly volatile
Debt Levels
National Retail can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand National Retail's financial leverage. It provides some insight into what part of National Retail's total assets is financed by creditors.
Liquidity
National Retail Properties has 4.36 B in debt with debt to equity (D/E) ratio of 0.95, which is OK given its current industry classification. National Retail Prop has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for National to invest in growth at high rates of return.

Dividends Paid

(384.24 Million)
National Retail Properties (NNN) is traded on New York Stock Exchange in USA. It is located in 450 South Orange Avenue, Orlando, FL, United States, 32801-9803 and employs 82 people. National Retail is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.85 B. National Retail Prop runs under Retail REITs sector within Real Estate industry. The entity has 183.66 M outstanding shares of which 4.13 M shares are now shorted by investors with about 3.44 days to cover. National Retail Properties has about 2.5 M in cash with 612.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check National Retail Probability Of Bankruptcy
Ownership Allocation
National Retail Prop maintains a total of 183.66 Million outstanding shares. The majority of National Retail outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in National Retail Properties to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in National Retail Prop. Please pay attention to any change in the institutional holdings of National Retail as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check National Ownership Details

National Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-06-30
2.8 M
Charles Schwab Investment Management Inc2024-06-30
2.4 M
Norges Bank2024-06-30
2.4 M
Federated Hermes Inc2024-06-30
2.3 M
Royal Bank Of Canada2024-06-30
2.3 M
Bank Of New York Mellon Corp2024-06-30
2.2 M
Morgan Stanley - Brokerage Accounts2024-03-31
2.2 M
Long Pond Capital, Lp2024-06-30
1.9 M
Mondrian Investment Partners Ltd2024-06-30
1.9 M
Vanguard Group Inc2024-06-30
26.3 M
Blackrock Inc2024-06-30
21.4 M
View National Retail Diagnostics

National Retail Historical Income Statement

At this time, National Retail's EBITDA is very stable compared to the past year. As of the 10th of September 2024, Total Operating Expenses is likely to grow to about 300.4 M, while Selling General Administrative is likely to drop about 24.8 M. View More Fundamentals

National Stock Against Markets

National Retail Corporate Directors

Pamela BeallIndependent DirectorProfile
David FickIndependent DirectorProfile
Ingrid IrvinDirector ComplianceProfile
Kamau WitherspoonIndependent DirectorProfile

Additional Information and Resources on Investing in National Stock

When determining whether National Retail Prop offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Retail's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Retail Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Retail Properties Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Retail Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Retail. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.074
Dividend Share
2.26
Earnings Share
2.22
Revenue Per Share
4.696
Quarterly Revenue Growth
0.07
The market value of National Retail Prop is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Retail's market value can be influenced by many factors that don't directly affect National Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.