Skip to main content
    N

    NNN REIT, Inc. (NNN)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $40.80
    +0.30 (+0.74%)

    Market Cap: $7.77B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    67%(26/39)
    Avg Surprise
    +3.66%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.52
    Range$0.51 - $0.54
    5 analysts
    EPS Revisions
    1
    0
    7d
    2
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.51+1.8%
    60d ago$0.51+1.8%
    30d ago$0.53-0.9%
    7d ago$0.52-0.6%
    Current$0.52
    Revenue Consensus
    $247M
    Range$244M - $248M
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.51
    Range$0.48 - $0.54
    3 analysts
    Revenue Consensus
    $252M
    Range$230M - $260M
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.51---
    Sep 26EST
    		-$0.52---
    Jun 26
    Reported Aug 5
    		$0.90$0.87+3.45%Beat+87.5%
    Mar 26
    Reported Apr 30
    		$0.49$0.51-3.92%Miss-5.8%
    Dec 25
    Reported Feb 11
    		$0.51$0.50+2.00%Beat+6.3%
    Sep 25
    Reported Nov 4
    		$0.49$0.48+2.08%Beat+0.0%
    Jun 25
    Reported Aug 5
    		$0.48$0.49-2.04%Miss-2.0%
    Mar 25
    Reported May 1
    		$0.52$0.48+8.33%Beat+4.0%
    Dec 24
    Reported Feb 11
    		$0.48$0.49-2.04%Miss-7.7%
    Sep 24
    Reported Oct 31
    		$0.49$0.49+0.00%Beat+2.1%
    Jun 24
    Reported Aug 1
    		$0.49$0.49+0.00%Beat-21.0%
    Mar 24
    Reported May 1
    		$0.50$0.48+4.17%Beat+4.2%
    Dec 23
    Reported Feb 8
    		$0.52$0.48+8.33%Beat+8.3%
    Sep 23
    Reported Nov 1
    		$0.48$0.48+0.00%Beat+2.1%
    Jun 23
    Reported Aug 2
    		$0.62$0.48+29.17%Beat+34.8%
    Mar 23
    Reported May 2
    		$0.48$0.48+0.00%Beat+2.1%
    Dec 22
    Reported Feb 9
    		$0.48$0.48+0.00%Beat+23.1%
    Sep 22
    Reported Nov 2
    		$0.47$0.47+0.00%Beat+11.9%
    Jun 22
    Reported Aug 3
    		$0.46$0.47-2.13%Miss+12.2%
    Mar 22
    Reported May 3
    		$0.47$0.44+6.82%Beat+9.3%
    Dec 21
    Reported Feb 9
    		$0.39$0.40-2.50%Miss+11.4%
    Sep 21
    Reported Nov 2
    		$0.42$0.40+5.00%Beat+27.3%
    Jun 21
    Reported Aug 3
    		$0.41$0.39+5.13%Beat+10.8%
    Mar 21
    Reported May 4
    		$0.43$0.36+19.44%Beat+4.9%
    Dec 20
    Reported Feb 11
    		$0.35$0.36-2.78%Miss-2.8%
    Sep 20
    Reported Nov 2
    		$0.33$0.38-13.16%Miss-17.5%
    Jun 20
    Reported Aug 3
    		$0.37$0.38-2.63%Miss-7.5%
    Mar 20
    Reported May 4
    		$0.41$0.40+2.50%Beat+2.5%
    Dec 19
    Reported Feb 11
    		$0.36$0.40-10.00%Miss+0.0%
    Sep 19
    Reported Oct 31
    		$0.40$0.42-4.76%Miss+0.0%
    Jun 19
    Reported Aug 1
    		$0.40$0.39+2.56%Beat+0.0%
    Mar 19
    Reported May 1
    		$0.40$0.41-2.44%Miss+5.3%
    Dec 18
    Reported Feb 12
    		$0.36$0.39-7.69%Miss-23.4%
    Sep 18
    Reported Nov 1
    		$0.40$0.40+0.00%Beat+14.3%
    Jun 18
    Reported Aug 1
    		$0.40$0.36+11.11%Beat+5.3%
    Mar 18
    Reported May 1
    		$0.38$0.37+2.70%Beat+5.6%
    Dec 17
    Reported Feb 13
    		$0.47$0.31+51.61%Beat+27.0%
    Sep 17
    Reported Nov 2
    		$0.35$0.36-2.78%Miss-
    Jun 17
    Reported Aug 1
    		$0.38$0.35+8.57%Beat-
    Mar 17
    Reported May 2
    		$0.36$0.33+9.09%Beat-
    Dec 16
    Reported Feb 13
    		$0.37$0.31+19.35%Beat-

    Dividends

    Dividend Metrics

    Forward Yield6.08%
    Forward Annual Dividend$2.48
    Payout Ratio67.99%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+3.00%
    5Y CAGR+2.66%
    NNN dividend history and ex-dividend datesRun NNN in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio17.07EV/EBITDA14.37x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin40.40%Operating Margin61.70%
    ROE8.72%ROIC4.97%
    Financial Health
    Debt/Equity1.11xInterest Coverage2.79x
    Current Ratio0.19xQuick Ratio0.19x
    Trading Statistics
    Beta0.76Avg Volume2.59M
    52-Week High$49.3652-Week Low$37.33

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$40.43
    SMA 20$40.92
    SMA 50$43.57
    SMA 200$43.64
    EMA 10$40.63
    EMA 20$41.22
    EMA 50$42.87
    EMA 200$43.45

    MACD

    Line: -0.90Signal: -1.06Hist: 0.15

    ADX

    ADX: 42.8+DI: 11.8-DI: 22.3

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down84.0
    PSAR$39.62

    Bollinger Bands

    Upper Band$42.05
    Lower Band$39.79
    %B Position553%(Upper)
    Band Width0.45

    RSI (14-Day)

    Neutral
    39.2

    Momentum Oscillators

    Stoch %K51.4
    Stoch %D41.6
    Williams %R-36.2
    ROC (10d)-0.7%
    Momentum-0.29
    CCI (20d)-27.3
    MFI (14d)54.1

    Volatility Measures

    ATR (14d)$0.73(1.8%)
    StdDev (20d)0.57
    Hist Vol14.7%(Low)

    Volume Flow

    VWAP$40.72
    OBV11.5M
    AD Line-1.4B
    CMF (20d)0.089

    Volume Metrics

    Avg Vol (20d)2.6M
    Vol Ratio0.9x
    VWMA (20d)$40.93

    Pivot Points

    R3$41.85
    R2$41.43
    R1$40.97
    Pivot Point$40.55
    S1$40.09
    S2$39.67
    S3$39.21

    Advanced Oscillators

    TSI-40.38
    Ultimate Osc50.1
    KST-80.58

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$244.27M$240.42M$238.40M$230.16M$226.80M$461.43M$218.48M$218.56M$216.81M$215.41M$216.23M$205.13M
    Cost of Revenue$0$0$146.48M$0$0$0$11.14M$0$0$0$8.24M$0
    Gross Profit$244.27M$240.42M$238.40M$230.16M$226.80M$461.43M$218.48M$218.56M$216.81M$215.41M$216.23M$205.13M
    Operating Expenses$92.52M$93.34M$90.72M$82.19M$76.81M$179.33M$75.06M$74.86M$64.39M$77.09M$76.54M$57.47M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$14.06M$14.11M$11.64M$11.06M$11.22M$13.01M$8.71M$11.21M$11.79M$12.58M$10.53M$10.22M
    Operating Income$151.38M$146.65M$148.56M$147.28M$149.80M$143.85M$143.73M$143.55M$152.27M$138.32M$139.69M$147.67M
    Interest Income$35,000$28,000$962,000$2.94M$15,000$609,000$1.04M$845,000$976,000$119,000$383,000$644,000
    Interest Expense$53.49M$52.73M$53.57M$53.38M$49.28M$47.72M$46.88M$46.49M$46.58M$44.07M$43.39M$41.52M
    Income Before Tax$97.92M$93.95M$95.90M$96.84M$100.53M$191.41M$97.89M$97.90M$106.67M$94.37M$96.68M$106.79M
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$97.92M$93.95M$95.95M$96.84M$100.53M$192.92M$97.89M$97.90M$106.67M$94.37M$96.68M$106.79M
    EBITDA$225.23M$220.24M$219.68M$217.59M$220.89M$167.60M$209.62M$209.58M$217.89M$201.53M$202.35M$209.60M
    EBIT$151.38M$146.65M$148.56M$147.28M$149.80M$100.27M$143.73M$143.55M$152.27M$138.32M$139.69M$147.67M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The LAND Framework: How I Find Assets The Market Can't Properly Value

    GAAP hides value - Texas Pacific's ~800,000 acres sit on the balance sheet at a carrying value of zero, yet the trust is worth roughly $26 billion, illustrating persistent mispricing Proprietary LAND scorecard identifies priorities - Texas Pacific Land (TPL) 92, LandBridge (LB) 81...

    Leo Nelissen
    •
    8/31/26
    •
    274
    Stock Research
    Also mentions:
    TPLLBRYNWHRMLM

    The 5 Highest Yielding Dividend Aristocrats For January (And Some Updates About GNG)

    Our team has moved mountains to get to where we are, but we still have a long way to go, and are grateful for everyone's patience and support. We are trying to recreate 6 years of tools at DK (plus the website itself) within a few months. Connor's 1 million lines of code in 3 months normally takes...

    Adam Galas
    •
    1/7/26
    •
    830
    Dividend Investing, aristocrats, high-yield investing, value investing
    Also mentions:
    ENBNNNOFRT

    News

    NNN REIT Declares $0.62 Quarterly Dividend Payable Nov. 13

    NNN REIT, Inc. has declared a quarterly dividend of $0.62 per share, which is consistent with its previous distribution. The payment is scheduled for November 13, 2026, to shareholders of record as of October 30...

    TOKENPOST•10/15/26•Bullish

    Deutsche Bank cuts target for NNN REIT stock to USD 47.00

    Deutsche Bank has reduced its target price for NNN REIT stock from USD 49.00 to USD 47.00, while maintaining a Buy rating. NNN REIT declared a quarterly dividend of USD 0.62, payable in November...

    ad-hoc-news.de•10/15/26•Somewhat-Bearish

    NNN REIT (NNN) Maintains Quarterly Dividend at $0.62, Yielding 6.08%

    NNN REIT Inc (NNN) announced it will maintain its quarterly dividend at $0.62 per share, resulting in a 6.08% forward yield. Despite an attractive yield and a strong GF Score of 84/100...

    GuruFocus•10/15/26•Somewhat-Bullish

    NNN REIT, Inc. (NNN) Declares $0.62 Quarterly Dividend

    NNN REIT, Inc. (NNN) has declared a quarterly dividend of $0.62 per share, payable on November 13, 2026, to shareholders of record as of October 30...

    TradingView•10/15/26•Bullish

    A real estate trust has raised its yearly payout for 37 or more consecutive years.

    NNN REIT (NYSE: NNN) has declared a quarterly dividend of 62 cents per share, payable on November 13, 2026, to shareholders of record as of October 30...

    Stock Titan•10/15/26•Neutral

    NNN Valuation and Fair Value

    P/E
    17.1x
    Forward P/E
    20.4x
    EV/EBITDA
    14.4x
    PEG
    4.8x
    P/B
    1.7x
    See GNG's fair value

    NNN Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    61.7%
    Net margin
    40.4%
    ROIC
    5.0%
    ROE
    8.7%
    FCF margin
    -105.6%

    NNN Competitors

    CompanyTicker
    First Industrial Realty Trust IncFR
    Alexandria Real Estate Equities IncARE
    Agree Realty CorporationADC
    Terreno Realty CorporationTRNO
    Schwab U.S. REIT ETFSCHH
    STAG Industrial IncSTAG
    Brixmor PropertyBRX
    Compass IncCOMP

    Sector: Real Estate

    NNN Analyst Ratings

    Consensus
    Hold
    Analysts
    17
    Strong Buy
    1
    Buy
    2
    Hold
    11
    Sell
    0
    Strong Sell
    3

    NNN Bull Case vs Bear Case

    Bull case

    • NNN has a 40.4% net profit margin.

    NNN Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    1.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.52
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 0 down

    NNN Dividend

    Forward yield
    6.1%
    Payout ratio
    68.0%
    3Y DPS growth
    3.0%
    5Y DPS growth
    2.7%
    Pay months
    Feb, May, Aug, Nov
    NNN dividend history

    Frequently Asked Questions About NNN

    What is NNN's current dividend yield?

    NNN REIT, Inc. (NNN) has a forward dividend yield of 6.08%.

    Does NNN pay dividends?

    Yes, NNN REIT, Inc. pays dividends with a forward dividend yield of 6.08%.

    What is NNN's P/E ratio?

    NNN REIT, Inc. has a price-to-earnings (P/E) ratio of 17.07.

    What is NNN's market cap?

    NNN REIT, Inc. (NNN) has a market capitalization of $7.77B with a current stock price of $40.80.

    Related stocks

    Sector: Real Estate

    All stocks starting with N

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In