NNN
National Retail Properties Inc
NYSE: NNN · REAL ESTATE · REIT - RETAIL
$43.52
-1.18% today
Updated 2026-04-29
Market cap
$8.28B
P/E ratio
21.02
P/S ratio
8.94x
EPS (TTM)
$2.07
Dividend yield
5.36%
52W range
$38 – $46
Volume
1.5M
WallStSmart proprietary scores
54
out of 100
Grade: C
Hold
Investment rating
4.7
Growth
C3.3
Quality
D8.0
Profitability
A6.0
Valuation
B3/9
Piotroski F-Score
Weak
0.8
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →206 stocks currently score above 75
Price targets
Analyst target
$45.57
+4.71%
12-Month target
$42.34
-2.71%
Intrinsic (DCF)
$76.27
Margin of safety
+43.52%
1 Strong Buy2 Buy11 Hold0 Sell3 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Profit margin 42.10% — above average
+ 43.52% below intrinsic value
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.78 — distress zone
- Negative free cash flow $-810.91M
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $773.05M | $828.11M | $869.27M | $926.21M | $926.21M |
| Net income | $334.63M | $392.34M | $396.83M | $389.78M | $95.95M |
| EPS | — | — | — | — | $2.07 |
| Free cash flow | $-264.52M | $-183.38M | $62.63M | $-269.95M | $-810.91M |
| Profit margin | 43.29% | 47.38% | 45.65% | 42.08% | 42.10% |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-09 | HORN, STEPHEN A JR | Sale | 33,192 | $44.98 |
| 2026-03-06 | ADAMO, JONATHAN | Sale | 6,000 | $44.99 |
| 2026-02-20 | MILLER, MICHELLE LYNN | Sale | 4,000 | $44.03 |
Peer comparison
Smart narrative
National Retail Properties Inc trades at $43.52. representing a P/E of 21.02x trailing earnings. Our Smart Value Score of 54/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.78, it sits in the distress. TTM revenue stands at $926.21M. with profit margins at 42.10%. Our DCF model estimates intrinsic value at $76.27.
Frequently asked questions
What is National Retail Properties Inc's stock price?
National Retail Properties Inc (NNN) trades at $43.52.
Is National Retail Properties Inc overvalued?
Smart Value Score 54/100 (Grade C, Hold). DCF value $76.27.
What is the price target of National Retail Properties Inc (NNN)?
The analyst target price is $45.57, representing +4.7% upside from the current price of $43.52.
What is the intrinsic value of National Retail Properties Inc (NNN)?
Based on our DCF model, intrinsic value is $76.27, a +43.5% margin of safety versus $43.52.
What is National Retail Properties Inc's revenue?
TTM revenue is $926.21M.
Piotroski F-Score?
3/9 — weak financial health.
Altman Z-Score?
0.78 — distress.
Company info
SectorREAL ESTATE
IndustryREIT - RETAIL
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio8.94x
ROE8.89%
Beta0.83
50D MA$44.02
200D MA$42.28
Shares out0.19B
Float0.19B
Short ratio—
Avg volume1.5M
Performance
1 week—
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YTD—
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5 years—