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Upturn AI SWOT - About
NNN 
National Retail Properties Inc (NNN)
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Upturn Advisory Summary
02/05/2025: 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.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -1.87% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/05/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.02B USD | Price to earnings Ratio 19.56 | 1Y Target Price 44.32 |
Price to earnings Ratio 19.56 | 1Y Target Price 44.32 | ||
Volume (30-day avg) 1048414 | Beta 1.09 | 52 Weeks Range 37.00 - 48.23 | Updated Date 04/1/2025 |
52 Weeks Range 37.00 - 48.23 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 5.51% | Basic EPS (TTM) 2.18 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 45.65% | Operating Margin (TTM) 61.98% |
Management Effectiveness
Return on Assets (TTM) 3.87% | Return on Equity (TTM) 9.32% |
Valuation
Trailing PE 19.56 | Forward PE 21.37 | Enterprise Value 12384684098 | Price to Sales(TTM) 9.23 |
Enterprise Value 12384684098 | Price to Sales(TTM) 9.23 | ||
Enterprise Value to Revenue 14.25 | Enterprise Value to EBITDA 14.91 | Shares Outstanding 188032992 | Shares Floating 185726372 |
Shares Outstanding 188032992 | Shares Floating 185726372 | ||
Percent Insiders 0.9 | Percent Institutions 93.38 |
Analyst Ratings
Rating 3.24 | Target Price 45.58 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 11 | Sell 2 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
National Retail Properties Inc
Company Overview
History and Background
National Retail Properties, Inc. (NNN) was founded in 1984. It focuses on acquiring, owning, investing in, and developing properties that are leased primarily to retail tenants under long-term net leases. Initially focused on a smaller regional scale, NNN has grown to become a national player in the single-tenant retail property sector.
Core Business Areas
- Single-Tenant Retail Properties: NNN's primary business involves owning and leasing single-tenant retail properties to a diverse range of retailers operating under net leases, where tenants are responsible for property taxes, insurance, and maintenance.
Leadership and Structure
NNN is led by its Chief Executive Officer. The company has a board of directors overseeing the management team. The organizational structure is typical of a REIT, with departments handling acquisitions, leasing, property management, finance, and legal affairs.
Top Products and Market Share
Key Offerings
- Net-Lease Retail Properties: NNN provides real estate solutions to retailers through the acquisition and leasing of single-tenant properties. The net-lease structure allows retailers to focus on their core operations. Competitors include Realty Income (O) and STORE Capital (STOR) (now part of GIC Private Limited).
Market Dynamics
Industry Overview
The single-tenant net-lease retail property sector is characterized by stable, long-term cash flows and relatively low management intensity. Interest rate fluctuations and macroeconomic conditions significantly influence demand and valuation. Online retail poses a continuing risk.
Positioning
NNN is a well-established REIT focused on single-tenant net-lease retail properties. Its competitive advantages include its diversified tenant base, long lease durations, and strong financial position.
Total Addressable Market (TAM)
The TAM for net lease retail properties is in the hundreds of billions. NNN's position relative to this TAM is moderate, capturing a small, but meaningful market share through its diversified portfolio and national presence.
Upturn SWOT Analysis
Strengths
- Diversified tenant base
- Long-term net leases
- Strong balance sheet
- Proven track record
- Experienced management team
Weaknesses
- Sensitivity to interest rate changes
- Exposure to retail sector trends
- Tenant concentration risk (limited number of tenants make up large % of revenue)
- Dependence on external financing
- Potential for property vacancies
Opportunities
- Acquisition of additional properties
- Expansion into new markets
- Development of new properties
- Strategic partnerships
- Increased demand for net-lease properties
Threats
- Economic downturns
- Rising interest rates
- Competition from other REITs
- Changes in consumer spending habits
- Increased online retail penetration
Competitors and Market Share
Key Competitors
- O
- ADC
- WPC
Competitive Landscape
NNN's advantages compared to competitors include its diversified tenant base and long lease durations. Disadvantages may include smaller size compared to larger REITs.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: NNN's historical growth has been driven by acquisitions and organic growth in rental income. Detailed growth rates will be populated upon availability of updated data.
Future Projections: Future growth projections based on analyst estimates will be populated upon availability of updated data.
Recent Initiatives: Recent initiatives include acquisitions of new properties and strategic capital allocation decisions.
Summary
National Retail Properties Inc. (NNN) is a stable REIT with a proven track record in the single-tenant net-lease retail sector. Its diversified tenant base and long-term leases provide consistent cash flow. Key risks include interest rate sensitivity and potential challenges in the retail sector. Future growth depends on strategic acquisitions and effective capital management.
Similar Companies
- O
- ADC
- GCI
- FRT
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximate.
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 REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2024, the company owned 3,549 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 10.0 years. NNN is one of only three publicly traded real estate investment trusts to have increased annual dividends for 35 or more consecutive years.
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