NNN REIT, Inc. (NNN) has a MoatMap StockRank of 72/100 based on Quality (51/100), Value (35/100), and Momentum (69/100) factor scores. The current signal is BUY. NNN REIT is a stable, high-yielding US retail property owner, but it lacks any direct alignment with our high-conviction macro themes. In a higher-for-longer interest rate environment, it lacks the asymmetric upside required for a concentrated global equity book.
NNN REIT, Inc. is a real estate investment trust (REIT) investing in a diversified portfolio of high-quality retail properties across the United States. It primarily acquires single-tenant properties under long-term triple-net leases, which transfer most property expenses to tenants. This strategy, coupled with a focus on investment-grade tenants, provides stable and predictable rental income, making it a prominent triple-net lease REIT known for consistent dividend payouts.
| Price | $44.99 |
| Market Cap | $8.5B |
| P/E (TTM) | 21.45 |
| P/E (Forward) | 20.95 |
| Price/Book | 1.90 |
| Return on Equity | 8.8% |
| Return on Invested Capital | 6.6% |
| Debt/Equity | 110.44 |
| Gross Margin | 96.0% |
| Operating Margin | 60.6% |
| Revenue Growth | 4.1% |
| Dividend Yield | 5.5% |
| Free Cash Flow | $-1.4B |
NNN REIT, Inc. operates in the REIT - Retail industry, part of the Real Estate sector (United States).