NYSE · NNN
NNN REIT, Inc.
Real Estate · REIT - Retail
$42.03▲ 0.74% ($0.31)at close
As of 4:00 PM ET
Market cap
$8.00B
P/E
20.72
EPS (TTM)
$2.03
Next earnings
Valuation
P/E Valuation
Verdict: fairly priced. Price between Bear and Base.
Estimated value / share · Base
$44.45
+6%Price vs. estimate range
Assumption scenarios, not confidence intervals
Bear $41.08, Base $44.45, Bull $47.65; price used $42.03
Bear $41.08, Base $44.45, Bull $47.65; price used $42.03
- P/E multiple
- 21.9×
- Earnings basis
- Trailing EPS
USD · Trailing earnings · Price Oct 26, 8:00 PM UTC
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 0.4% over the last year. Revenue grew 6.54% over the trailing twelve months. Operating margin moved from 64.93% to 62.03%. Free cash flow declined 62.34% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 62.03%. A decisive move in revenue — currently up 6.54% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
11
Buy
14
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 4, 2026
Q3 FY26 · EPS est $0.52 · Revenue est $245.4M
Same quarter, year over year
FY26 YTD -3.8%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $1.02 vs $1.06 · 0 of 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $2.08
- -3.3%
- FY24
- $2.15
- —
Q2 FY26
Reported Aug 5, 2026 · Latest
HoverTap a cell to inspect
Actual
$0.52
Estimate
$0.51
Year over year
-3.7%
Vs prior quarter
+4.0%
Institutional Sentiment
NNN REIT, Inc. · NNN
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.