N

    NNN REIT, Inc. (NNN)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $45.20
    -0.47 (-1.03%)

    Market Cap: $8.69B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    68%(27/40)
    Avg Surprise
    +3.71%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.53
    Range$0.52 - $0.54
    3 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate Drift
    90d ago$0.51-2.5%
    60d ago$0.51-2.5%
    30d ago$0.51-2.6%
    7d ago$0.51-2.6%
    Current$0.53
    Revenue Consensus
    $247M
    Range$244M - $250M
    10 analysts
    Dec 31, 2026
    EPS Consensus$0.52
    Range$0.50 - $0.54
    2 analysts
    Revenue Consensus
    $252M
    Range$230M - $261M
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.52---
    Sep 26EST
    		-$0.53---
    Jun 26
    		$0.90$0.87+3.45%Beat+87.5%
    Mar 26
    		$0.49$0.51-3.92%Miss-5.8%
    Dec 25
    		$0.51$0.50+2.00%Beat+6.3%
    Sep 25
    		$0.49$0.48+2.08%Beat+0.0%
    Jun 25
    		$0.48$0.49-2.04%Miss-2.0%
    Mar 25
    		$0.52$0.48+8.33%Beat+4.0%
    Dec 24
    		$0.48$0.49-2.04%Miss-7.7%
    Sep 24
    		$0.49$0.49+0.00%Beat+2.1%
    Jun 24
    		$0.49$0.49+0.00%Beat-21.0%
    Mar 24
    		$0.50$0.48+4.17%Beat+4.2%
    Dec 23
    		$0.52$0.48+8.33%Beat+8.3%
    Sep 23
    		$0.48$0.48+0.00%Beat+2.1%
    Jun 23
    		$0.62$0.48+29.17%Beat+34.8%
    Mar 23
    		$0.48$0.48+0.00%Beat+2.1%
    Dec 22
    		$0.48$0.48+0.00%Beat+23.1%
    Sep 22
    		$0.47$0.47+0.00%Beat+11.9%
    Jun 22
    		$0.46$0.47-2.13%Miss+12.2%
    Mar 22
    		$0.47$0.44+6.82%Beat+9.3%
    Dec 21
    		$0.39$0.40-2.50%Miss+11.4%
    Sep 21
    		$0.42$0.40+5.00%Beat+27.3%
    Jun 21
    		$0.41$0.39+5.13%Beat+10.8%
    Mar 21
    		$0.43$0.36+19.44%Beat+4.9%
    Dec 20
    		$0.35$0.36-2.78%Miss-2.8%
    Sep 20
    		$0.33$0.38-13.16%Miss-17.5%
    Jun 20
    		$0.37$0.38-2.63%Miss-7.5%
    Mar 20
    		$0.41$0.40+2.50%Beat+2.5%
    Dec 19
    		$0.36$0.40-10.00%Miss+0.0%
    Sep 19
    		$0.40$0.42-4.76%Miss+0.0%
    Jun 19
    		$0.40$0.39+2.56%Beat+0.0%
    Mar 19
    		$0.40$0.41-2.44%Miss+5.3%
    Dec 18
    		$0.36$0.39-7.69%Miss-23.4%
    Sep 18
    		$0.40$0.40+0.00%Beat+14.3%
    Jun 18
    		$0.40$0.36+11.11%Beat+5.3%
    Mar 18
    		$0.38$0.37+2.70%Beat+5.6%
    Dec 17
    		$0.47$0.31+51.61%Beat+27.0%
    Sep 17
    		$0.35$0.36-2.78%Miss-2.8%
    Jun 17
    		$0.38$0.35+8.57%Beat-
    Mar 17
    		$0.36$0.33+9.09%Beat-
    Dec 16
    		$0.37$0.31+19.35%Beat-
    Sep 16
    		$0.36$0.34+5.88%Beat-

    Dividends

    Dividend Metrics

    Yield5.35%
    Annual/Share$2.42
    Payout Ratio67.99%
    Frequency4
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+3.00%
    5Y CAGR+2.66%
    View NNN's full dividend history

    Key Metrics

    Valuation
    P/E Ratio18.91EV/EBITDA15.65x
    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
    Beta0.78Avg Volume1.25M
    52-Week High$49.3652-Week Low$37.33

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$45.83
    SMA 20$46.11
    SMA 50$46.71
    SMA 200$43.26
    EMA 10$45.78
    EMA 20$46.12
    EMA 50$46.17
    EMA 200$44.05

    MACD

    Line: -0.37Signal: -0.28Hist: -0.09

    ADX

    ADX: 13.9+DI: 17.5-DI: 23.0

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$46.70

    Bollinger Bands

    Upper Band$47.30
    Lower Band$44.91
    %B Position519%(Upper)
    Band Width0.12

    RSI (14-Day)

    Neutral
    39.0

    Momentum Oscillators

    Stoch %K18.2
    Stoch %D21.0
    Williams %R-93.5
    ROC (10d)-2.1%
    Momentum-0.96
    CCI (20d)-142.3
    MFI (14d)43.3

    Volatility Measures

    ATR (14d)$0.78(1.7%)
    StdDev (20d)0.60
    Hist Vol13.7%(Low)

    Volume Flow

    VWAP$45.31
    OBV12.7M
    AD Line-1.6B
    CMF (20d)-0.180

    Volume Metrics

    Avg Vol (20d)1.2M
    Vol Ratio1.0x
    VWMA (20d)$46.15

    Pivot Points

    R3$46.30
    R2$46.02
    R1$45.85
    Pivot Point$45.56
    S1$45.39
    S2$45.11
    S3$44.93

    Advanced Oscillators

    TSI-14.74
    Ultimate Osc34.5
    KST-30.53

    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

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    News

    Bank of New York Mellon Corp Invests $85.43 Million in NNN REIT, Inc. $NNN

    Bank of New York Mellon Corp has acquired a new stake of 1,836,020 shares in NNN REIT, Inc. (NYSE:NNN) during the second quarter, valued at approximately $85.43 million, representing about 0.97% of the company's stock. Other institutional investors also adjusted their positions in the real estate investment trust. NNN REIT recently increased its quarterly dividend to $0.62 per share, resulting in an annualized dividend of $2.48 and a yield of 5.4%.

    MarketBeat•8/26/26•
    Neutral

    Sanctuary Advisors LLC Acquires New Position in NNN REIT, Inc. $NNN

    Sanctuary Advisors LLC has acquired a new position in NNN REIT, Inc. (NYSE: NNN) during the second quarter, purchasing 189,665 shares valued at approximately $8.8 million. This makes Sanctuary Advisors LLC the owner of 0.10% of NNN REIT, while institutional investors collectively own 89.96% of the stock. NNN REIT exceeded analyst expectations with its recent quarterly earnings and revenue and also increased its quarterly dividend to $0.62 per share, offering a 5.4% yield.

    MarketBeat•8/25/26•
    Somewhat-Bullish

    Algert Global LLC Increases Stock Holdings in NNN REIT, Inc. $NNN

    Algert Global LLC significantly increased its stake in NNN REIT, Inc. (NYSE:NNN) by 91.0% during the second quarter, now holding 506,434 shares worth $23.56 million. Other institutional investors also adjusted their positions in the real estate investment trust. NNN REIT reported strong Q2 earnings, beating analyst estimates, and increased its quarterly dividend.

    MarketBeat•8/25/26•
    Bullish

    Investor s Fiduciary Advisor Network LLC Takes Position in NNN REIT, Inc. $NNN

    Investor's Fiduciary Advisor Network LLC has acquired 47,377 shares of NNN REIT, Inc., valued at approximately $2.2 million, during the second quarter. NNN REIT reported strong Q2 earnings, exceeding analyst estimates, and increased its quarterly dividend to $0.62 per share, yielding 5.4%. Analysts currently maintain a "Hold" rating on the stock with an average price target of $47.60.

    MarketBeat•8/24/26•
    Bullish

    82,835 Shares in NNN REIT, Inc. $NNN Bought by Quantbot Technologies LP

    Quantbot Technologies LP recently acquired 82,835 shares of NNN REIT, Inc. (NYSE:NNN) during the second quarter, valuing the stake at approximately $3.85 million. Institutional investors hold a significant 89.96% of the company, which maintains a consensus "Hold" rating from analysts with a $47.60 price target. NNN REIT also exceeded its recent quarterly earnings and revenue estimates and increased its quarterly dividend to $0.62 per share.

    MarketBeat•8/24/26•
    Somewhat-Bullish

    Frequently Asked Questions About NNN

    What is NNN's current dividend yield?
    NNN REIT, Inc. (NNN) has a current dividend yield of 5.35%.
    Does NNN pay dividends?
    Yes, NNN REIT, Inc. pays dividends with a current yield of 5.35%.
    What is NNN's P/E ratio?
    NNN REIT, Inc. has a price-to-earnings (P/E) ratio of 18.91.
    What is NNN's market cap?
    NNN REIT, Inc. (NNN) has a market capitalization of $8.69B with a current stock price of $45.20.

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