NNN REIT, Inc. (NNN) Stock Price & Analysis
NNN REIT, Inc. (NNN) closed at USD 42.13 on Thursday, October 22, 2026, up 3.46% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 42.13; the Oct 22, 2026 session ranged USD 40.79–42.17 on volume of 2,473,475 shares. Market capitalization is —, with a 52-week range of USD 38.9–50 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:04 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NNN.md
Key facts (NNN)
- Last four reported quarters (through Jun 30, 2026): revenue $940M, net income $391M (41.6% margin) (SEC filings).
- Total return with dividends: 1Y +5.4% vs S&P 500 +14.9%; 5Y +19.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.52, revenue estimate $247M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NNN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $726M | $773M | $828M | $869M | $926M | $940M |
| Operating income | $449M | $483M | $555M | $578M | $589M | $597M |
| Net income | $290M | $335M | $392M | $397M | $390M | $391M |
| EPS (diluted) | $1.51 | $1.89 | $2.16 | $2.15 | $2.07 | — |
| Operating margin | 61.8% | 62.4% | 67.0% | 66.5% | 63.6% | 63.5% |
| Net margin | 39.9% | 43.3% | 47.4% | 45.7% | 42.1% | 41.6% |
| Revenue growth | +9.9% | +6.4% | +7.1% | +5.0% | +6.6% | — |
| Cash + short-term investments | $171M | $2.5M | $1.2M | $8.7M | $5.0M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NNN)
P/E at fiscal year-ends: Dec 2025 19.1x, Dec 2024 18.9x, Dec 2023 20.0x.
Analysts (NNN)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Barclays | Target lowered | Underweight | $47 → $43 |
| 2026-10-19 | Wells Fargo | Target lowered | Equal-Weight | $47 → $43 |
| 2026-10-02 | Truist Securities | Initiated | Hold | $45 |
| 2026-09-21 | Morgan Stanley | Upgrade | Equal-Weight → Overweight | $50 |
| 2026-09-21 | Evercore ISI Group | Target lowered | In-Line | $48 → $47 |
| 2026-09-04 | Barclays | Target raised | Underweight | $45 → $47 |
| 2026-09-01 | Wells Fargo | Target lowered | Equal-Weight | $49 → $47 |
| 2026-08-12 | B. Riley Securities | Target raised | Neutral | $46 → $47.5 |
| 2026-08-06 | RBC Capital | Target raised | Sector Perform | $44 → $47 |
| 2026-08-06 | Evercore ISI Group | Target raised | In-Line | $46 → $48 |
| 2026-07-20 | Morgan Stanley | Downgrade | Overweight → Equal-Weight | $50 |
| 2026-07-15 | Wells Fargo | Target raised | Equal-Weight | $45 → $49 |
Total return (dividends reinvested) (NNN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +5.4% | +19.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +5.4% | +3.6% |
| Volatility (annualized) | 17.5% | 18.9% |
| Max drawdown | -18.6% (Jul 2026→Oct 2026) | -24.6% (Jan 2023→Oct 2023) |
NNN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.52 | $0.51 | +2.2% | $247.0M | 5 |
| Next quarter (ends Dec 2026) | $0.53 | $0.51 | +2.0% | $250.2M | 5 |
| Current fiscal year (ends Dec 2026) | $2.06 | $2.04 | +1.1% | $979.6M | 2 |
| Next fiscal year (ends Dec 2027) | $2.10 | $2.10 | -0.1% | $1.04B | 5 |
NNN options: expected move
Options price a move of about ±6.1% (±$2.55) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±2.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 24.0% | ±6.1% |
| Dec 18, 2026 | 56 | 20.4% | ±6.4% |
| Mar 19, 2027 | 147 | 20.0% | ±10.4% |
| Jun 17, 2027 | 237 | 20.1% | ±12.8% |
30-day implied volatility 20.4% vs 21.8% realized over the last 30 trading days. Put/call ratio (volume) 0.05. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:04 UTC)
| Price | USD 42.13 |
|---|---|
| Change | ▲ 3.46% (up) |
| Previous Close | USD 42.13 |
| Open | USD 42.13 |
| Day Range | USD 40.79 – 42.17 |
| 52-Week Range | USD 38.9 – 50 |
| Volume | 2,473,475 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (NNN)
Nexqual's technical model rates NNN "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 11:04 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 52.76 (neutral) |
| vs SMA50 | Below (USD 42.96) |
| MACD | -0.39 (negative) |
Earnings (NNN)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.52 |
| Revenue Estimate | $247.02M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.51 vs est 0.51 ▲ beat |
| 2026-03-31 | USD 0.49 vs est 0.51 ▼ miss |
| 2025-12-31 | USD 0.51 vs est 0.5 ▲ beat |
| 2025-09-30 | USD 0.49 vs est 0.48 ▲ beat |
Source: Nexqual, October 23, 2026 at 11:04 UTC.
Financials & Fundamentals (NNN)
| Total Revenue | $953.25M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.70% |
| Gross Margin | +96.09% |
| Operating Margin | +61.70% |
| Profit Margin | +40.35% |
| ROE | +8.72% |
| Debt / Equity | 1.12 |
| Current Ratio | 0.18 |
| Total Cash | $4.22M |
| Total Debt | $5.00B |
Source: Nexqual, October 23, 2026 at 11:04 UTC.
Ownership (NNN)
| Insider Ownership | +0.86% |
|---|---|
| Institutional Ownership | +102.28% |
| Shares Outstanding | 190.25M |
| Float | 179.71M |
| Short % of Float | +5.16% |
Source: Nexqual, October 23, 2026 at 11:04 UTC.
From NNN REIT, Inc.'s Latest SEC 10-K Filing (filed 2026-02-11)
Key Strengths & Strategy (as disclosed to the SEC)
- NNN supports associates volunteering in our local communities, including organized volunteer days at charities such as Ronald McDonald House of Central Florida and Orange County Animal Services.
Partnerships
- The common shares of NNN REIT, Inc. are traded on the New York Stock Exchange (the "NYSE") under the ticker symbol "NNN." NNN acquires, owns, invests in and develops high-quality properties that are leased primarily to tenants under long-term, net leases, with minimal ongoing capital expenditures and are primarily held for investment ("Properties" or "Property Portfolio," or individually a "Property").
Legal & Regulatory Risks (Item 1A, quoted)
- Compliance with REIT requirements, including distribution requirements, may limit NNN's flexibility and may negatively affect NNN's operating decisions.
- Risks Related to Governmental Laws and Regulations
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ADC | Agree Realty Corporation | USD 67.07 | ▲ 4% |
| BRX | Brixmor Property Group Inc. | USD 28.26 | ▲ 3.06% |
| MAC | Macerich Company (The) | USD 23.95 | ▲ 3.1% |
| FRT | Federal Realty Investment Trust | USD 108.88 | ▲ 2.94% |
| EPRT | Essential Properties Realty Tru | USD 26.26 | ▲ 5.5% |
| PECO | Phillips Edison & Company, Inc. | USD 38.29 | ▲ 2.74% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:04 UTC. This page is informational and not investment advice.
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