Market cap of National Retail Properties Inc. [NNN] reaches 6.18B – now what?

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National Retail Properties Inc. [NYSE: NNN] price surged by 3.09 percent to reach at $1.1. The company report on August 24, 2020 that Steve Horn Named Chief Operating Officer Of National Retail Properties, Inc..

The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that Stephen A. Horn, Jr. has been appointed Chief Operating Officer. He also retains the title Executive Vice President.


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Jay Whitehurst, President and Chief Executive Officer, commented: “Steve has been a vital contributor to the long-term success at National Retail Properties since joining the company seventeen years ago. He has a deep understanding of our business strategy and culture. As Chief Operating Officer, Steve will oversee our acquisitions, underwriting, asset management, dispositions, legal and human resources departments. There is no person better suited to take on this role as we look to the future for National Retail Properties.”.

A sum of 1183979 shares traded at recent session while its average daily volume was at 1.13M shares. National Retail Properties Inc. shares reached a high of $36.82 and dropped to a low of $34.64 until finishing in the latest session at $36.69.

The one-year NNN stock forecast points to a potential upside of 9.3. The average equity rating for NNN stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $40.45 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.

Raymond James have made an estimate for National Retail Properties Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 02, 2020. The new note on the price target was released on March 27, 2020, representing the official price target for National Retail Properties Inc. stock. Previously, the target price had yet another raise to $75, while Jefferies analysts kept a Buy rating on NNN stock. On February 13, 2019, analysts increased their price target for NNN shares from 50 to 55.

The Average True Range (ATR) for National Retail Properties Inc. is set at 1.22, with the Price to Sales ratio for NNN stock in the period of the last 12 months amounting to 9.07. The Price to Book ratio for the last quarter was 1.59, with the Price to Cash per share for the same quarter was set at 1.33.

NNN Stock Performance Analysis:

National Retail Properties Inc. [NNN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.25. With this latest performance, NNN shares gained by 1.19% in over the last four-week period, additionally plugging by 38.66% over the last 6 months – not to mention a drop of -35.64% 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 54.37, with the RSI for the last a single of trading hit 58.66, and the three-weeks RSI is set at 53.10 for National Retail Properties Inc. [NNN]. The present Moving Average for the last 50 days of trading for this stock 36.02, while it was recorded at 35.36 for the last single week of trading, and 40.03 for the last 200 days.

Insight into National Retail Properties Inc. 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.

NNN Stock EPS

With the latest financial reports released by the company, National Retail Properties Inc. posted 0.35/share EPS, while the average EPS was predicted by analysts to be reported at 0.41/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -14.60%. 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 Position Details

There are presently around $5,949 million, or 94.80% of NNN stock, in the hands of institutional investors. The top three institutional holders of NNN stocks are: VANGUARD GROUP INC with ownership of 24,708,951, which is approximately -3.296% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 21,522,618 shares of the stock with an approximate value of $789.66 million in NNN stocks shares; and STATE STREET CORP, currently with $694.07 million in NNN stock with ownership of nearly 37.322% of the company’s market capitalization.

Positions in National Retail Properties Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 200 institutional holders increased their position in National Retail Properties Inc. [NYSE:NNN] by around 28,954,759 shares. Additionally, 191 investors decreased positions by around 22,237,711 shares, while 45 investors held positions by with 110,959,955 shares. The mentioned changes placed institutional holdings at 162,152,425 shares, according to the latest SEC report filing. NNN stock had 60 new institutional investments in for a total of 9,790,776 shares, while 61 institutional investors sold positions of 6,942,732 shares during the same period.

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