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Upturn AI SWOT - About
NNN 
National Retail Properties Inc (NNN)
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Upturn Advisory Summary
10/13/2025: NNN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
18 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $44.72
1 Year Target Price $44.72
| 1 | Strong Buy |
| 3 | Buy |
| 12 | Hold |
| 2 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -9.42% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/13/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.87B USD | Price to earnings Ratio 19.85 | 1Y Target Price 44.72 |
Price to earnings Ratio 19.85 | 1Y Target Price 44.72 | ||
Volume (30-day avg) 18 | Beta 0.95 | 52 Weeks Range 34.80 - 46.88 | Updated Date 10/13/2025 |
52 Weeks Range 34.80 - 46.88 | Updated Date 10/13/2025 | ||
Dividends yield (FY) 5.53% | Basic EPS (TTM) 2.1 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 43.9% | Operating Margin (TTM) 60.99% |
Management Effectiveness
Return on Assets (TTM) 3.88% | Return on Equity (TTM) 9.18% |
Valuation
Trailing PE 19.85 | Forward PE 20.41 | Enterprise Value 12739250899 | Price to Sales(TTM) 8.79 |
Enterprise Value 12739250899 | Price to Sales(TTM) 8.79 | ||
Enterprise Value to Revenue 14.24 | Enterprise Value to EBITDA 15.12 | Shares Outstanding 188781890 | Shares Floating 186618450 |
Shares Outstanding 188781890 | Shares Floating 186618450 | ||
Percent Insiders 0.92 | Percent Institutions 92.06 |
Upturn AI SWOT
National Retail Properties Inc
Company Overview
History and Background
National Retail Properties, Inc. (NNN) was founded in 1984. It's a REIT that invests in single-tenant retail properties subject to long-term net leases. The company has focused on consistent growth and dividend payments throughout its history.
Core Business Areas
- Real Estate Investment: Investing in single-tenant, net-leased retail properties. Focus on diversification by tenant, industry, and geography.
Leadership and Structure
The company is led by its CEO, Julian E. Whitehurst. The organizational structure includes departments for investment, asset management, finance, and legal. They operate as a Real Estate Investment Trust (REIT).
Top Products and Market Share
Key Offerings
- Net-Leased Retail Properties: The company's primary offering is the ownership and leasing of single-tenant retail properties under long-term net leases. These leases typically require tenants to pay property taxes, insurance, and maintenance expenses. Competitors include Realty Income (O) and Agree Realty Corporation (ADC). No specific market share data available for NNN's specific market but NNN competes in the Single Tenant Net Lease REIT market.
Market Dynamics
Industry Overview
The net-leased retail real estate market is influenced by factors such as interest rates, economic growth, consumer spending, and demographic trends. The sector provides relatively stable income streams due to the long-term nature of net leases.
Positioning
National Retail Properties is a well-established player in the net-leased retail REIT market. Its competitive advantages include its diversified portfolio, long history of dividend payments, and experienced management team.
Total Addressable Market (TAM)
The total addressable market for net-lease retail properties is estimated to be in the hundreds of billions of dollars, encompassing a wide range of retail property types and geographic locations. National Retail Properties is positioned to capture a portion of this market through its disciplined investment strategy and focus on high-quality tenants.
Upturn SWOT Analysis
Strengths
- Diversified portfolio of single-tenant retail properties
- Long history of consistent dividend payments
- Experienced management team
- Strong balance sheet
- Relatively stable income stream from net leases
Weaknesses
- Sensitivity to interest rate fluctuations
- Reliance on tenant creditworthiness
- Potential for property vacancies
- Limited growth potential compared to other sectors
Opportunities
- Acquisition of additional net-leased retail properties
- Expansion into new geographic markets
- Capitalization on favorable interest rate environment
- Development of new retail properties
- Increase rents
Threats
- Economic downturn
- Rising interest rates
- Increased competition from other REITs
- Changes in consumer spending habits
- Retail bankruptcies
Competitors and Market Share
Key Competitors
- O
- ADC
- WPC
Competitive Landscape
National Retail Properties competes with other net-leased retail REITs for acquisitions. It faces competition from Realty Income and Agree Realty Corporation, among others. NNN differentiates itself through its disciplined investment strategy and long-term track record.
Growth Trajectory and Initiatives
Historical Growth: National Retail Properties has historically grown through acquisitions of net-leased retail properties. Its growth has been steady and consistent over time.
Future Projections: Future growth is expected to continue through acquisitions. Analyst estimates suggest continued steady growth in revenue and earnings.
Recent Initiatives: Recent initiatives include focusing on higher-quality tenants and properties, and diversifying into new geographic markets.
Summary
National Retail Properties is a stable REIT with a strong track record of dividend payments. It benefits from a diversified portfolio and experienced management team. However, it is sensitive to interest rate fluctuations and relies on the creditworthiness of its tenants. Future growth will depend on its ability to acquire additional properties at attractive yields.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share figures are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About National Retail Properties Inc
Exchange NYSE | Headquaters Orlando, FL, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Stephen A. Horn Jr. | ||
Sector Real Estate | Industry REIT - Retail | Full time employees 83 | Website https://www.nnnreit.com |
Full time employees 83 | Website https://www.nnnreit.com | ||
NNN invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2025, the Company owned 3,663 properties in 50 states with a gross leasable area of approximately 38.3 million square feet and a weighted average remaining lease term of 10 years. NNN is one of only three publicly traded real estate investment trusts to have increased annual dividends for 36 or more consecutive years.
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