NNN REIT, Inc. (NNN) Stock Analysis
Real Estate · REIT - Retail
Sell if holding. Analyst target reached at $44.31 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.7% away).
NNN REIT is a net-lease REIT owning 3,692 single-tenant commercial properties in all 50 states with 98.3% occupancy and a 10.2-year weighted average lease term as of December 31, 2025. Revenue comes primarily from triple-net lease rents from tenants in retail, automotive,... Read more
Sell if holding. Analyst target reached at $44.31 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.7% away). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.3/10, high confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent Developments — NNN REIT, Inc.
Latest news
- NNN REIT in the spotlight: Can earnings sustain dividend streak? - Investing.com UK — Investing.com UK neutral
- NNN REIT in the spotlight: Can earnings sustain dividend streak? By Investing.com - Investing.com Australia — Investing.com Australia neutral
- NNN REIT in the spotlight: Can earnings sustain dividend streak? - Investing.com — Investing.com neutral
- What is the sentiment on NNN REIT (NNN) stock today | Q4 2025: Earnings Beat Estimates - Balance Sheet - Cổng thông tin — Cổng thông tin điện tử tỉnh Tây Ninh positive
- NNN REIT: A Reliable Yield To Shield You From An Inflationary World - Seeking Alpha — Seeking Alpha positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicTexas18%10-K Item 1A: '40.9% of the Property Portfolio annual base rent is generated from properties located in five states: Texas (18.4%), Florida (8.7%), Illinois (5.1%), Georgia (4.5%) and Ohio (4.2%).'
- LOWTenant7-Eleven4.3%10-K Item 1A: '17.8% of the Property Portfolio annual base rent is generated from five tenants: 7-Eleven (4.3%), Mister Car Wash (3.8%), Dave & Buster's (3.6%), Camping World (3.5%) and Kent Distributors (2.6%)'
- MEDIUMPropertyautomotive service / convenience stores / restaurants10-K Item 1A: '63.0% of the Property Portfolio annual base rent is generated from tenants in six lines of trade: automotive service (18.6%), convenience stores (16.3%), restaurants (including full and limited service) (14.3%)'
Material Events(8-K, last 90d)
- 2026-02-19Item 5.02LOWSteven D. Cosler retired as Board Chairperson effective February 18, 2026. Edward J. Fritsch, independent director since 2012, appointed as new Chair. No disagreement cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
3 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Negative sentiment — recent news tone and/or analyst downgrades drag the composite below neutral.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $44.31 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.7% away). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $42.94. Score 4.3/10, high confidence.
Take-profit target: $44.09 (-0.6% upside). Prior stop was $42.94. Stop-loss: $42.94.
Analyst target reached - limited upside remaining; Near 52-week high (3.7% away); V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2).
NNN REIT, Inc. trades at a P/E of 21.3 (forward 20.8). TrendMatrix value score: 4.3/10. Verdict: Sell.
25 analysts cover NNN with a consensus score of 2.8/5. Average price target: $46.
What does NNN REIT, Inc. do?NNN REIT is a net-lease REIT owning 3,692 single-tenant commercial properties in all 50 states with 98.3% occupancy and...
NNN REIT is a net-lease REIT owning 3,692 single-tenant commercial properties in all 50 states with 98.3% occupancy and a 10.2-year weighted average lease term as of December 31, 2025. Revenue comes primarily from triple-net lease rents from tenants in retail, automotive, restaurant, entertainment and other sectors; NNN has raised its annual dividend for 36 consecutive years. Its largest tenants and geographies are disclosed with material concentration in automotive service (18.6%), convenience (16.3%), Texas (18.4%), and top-5 tenants at 17.8% of rent.