National Retail Properties Inc. [NYSE: NNN] surged by $0.55 during the normal trading session on Tuesday and reaching a high of $39.16 during the day while it closed the day at $37.55. National Retail Properties Inc. stock has also loss -2.03% of its value over the past 7 days. However, NNN stock has inclined by 7.50% in the 3 months of the year. Over the past six months meanwhile, it has lost -27.40% and lost -29.97% year-on date.
The market cap for NNN stock reached $6.28 billion, with 171.04 million shares outstanding and 170.67 million shares in the current float. Compared to the average trading volume of 2.16M shares, NNN reached a trading volume of 2294122 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about National Retail Properties Inc. [NNN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NNN shares is $39.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NNN stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley FBR have made an estimate for National Retail Properties Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 27, 2020. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on October 10, 2019, representing the official price target for National Retail Properties Inc. stock. Previously, the target price had yet another raise from $50 to $55, while B. Riley FBR kept a Neutral rating on NNN stock.
The Average True Range (ATR) for National Retail Properties Inc. is set at 2.24, with the Price to Sales ratio for NNN stock in the period of the last 12 months amounting to 9.21. The Price to Book ratio for the last quarter was 1.62, with the Price to Cash per share for the same quarter was set at 1.30.
NNN stock trade performance evaluation
National Retail Properties Inc. [NNN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.03. With this latest performance, NNN shares gained by 33.58% in over the last four-week period, additionally sinking by -27.40% over the last 6 months – not to mention a drop of -32.27% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NNN stock in for the last two-week period is set at 59.55, with the RSI for the last a single of trading hit 59.68, and the three-weeks RSI is set at 56.14 for National Retail Properties Inc. [NNN]. The present Moving Average for the last 50 days of trading for this stock 32.35, while it was recorded at 36.31 for the last single week of trading, and 47.66 for the last 200 days.
National Retail Properties Inc. [NNN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and National Retail Properties Inc. [NNN] shares currently have an operating margin of +44.40 and a Gross Margin at +66.57. National Retail Properties Inc.’s Net Margin is presently recorded at +44.58.
Return on Total Capital for NNN is now 4.15, given the latest momentum, and Return on Invested Capital for the company is 4.17. Return on Equity for this stock inclined to 7.04, with Return on Assets sitting at 4.11. When it comes to the capital structure of this company, National Retail Properties Inc. [NNN] has a Total Debt to Total Equity ratio set at 69.21. Additionally, NNN Total Debt to Total Capital is recorded at 40.90, with Total Debt to Total Assets ending up at 40.33. Long-Term Debt to Equity for the company is recorded at 75.19, with the Long-Term Debt to Total Capital now at 40.89.
Reflecting on the efficiency of the workforce at the company, National Retail Properties Inc. [NNN] managed to generate an average of $4,265,414 per employee. Receivables Turnover for the company is 200.79 with a Total Asset Turnover recorded at a value of 0.09.
Earnings per share (EPS) analysis for National Retail Properties Inc. [NNN] stock
With the latest financial reports released by the company, National Retail Properties Inc. posted 0.43/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 13.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NNN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for National Retail Properties Inc. go to 10.00%.
National Retail Properties Inc. [NNN]: Insider Ownership positions
There are presently around $5,856 million, or 93.90% of NNN stock, in the hands of institutional investors. The top three institutional holders of NNN stocks are: VANGUARD GROUP INC with ownership of 25,551,157, which is approximately 2.156% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 23,928,342 shares of the stock with an approximate value of $885.35 million in NNN stocks shares; and STATE STREET CORP, currently with $509.7 million in NNN stock with ownership of nearly 2.71% of the company’s market capitalization.
Positions in National Retail Properties Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 194 institutional holders increased their position in National Retail Properties Inc. [NYSE:NNN] by around 15,525,828 shares. Additionally, 221 investors decreased positions by around 11,800,088 shares, while 57 investors held positions by with 130,937,214 shares. The mentioned changes placed institutional holdings at 158,263,130 shares, according to the latest SEC report filing. NNN stock had 41 new institutional investments in for a total of 3,657,806 shares, while 83 institutional investors sold positions of 2,744,119 shares during the same period.