(NNN) National Retail Properties - Ratings and Ratios

National Retail Properties, Inc. (NYSE: NNN) is a leading retail-focused REIT with a diversified portfolio of high-quality, single-tenant retail properties. As of September 30, 2024, the company owned 3,549 properties across 49 states, totaling approximately 36.6 million square feet of gross leasable area. These properties are primarily leased under long-term, net-lease agreements, with a weighted average remaining lease term of 10.0 years. NNN has established itself as a dividend aristocrat, having increased its annual dividends for 35 consecutive years, a rare achievement among publicly traded REITs. The companys portfolio is concentrated in retail sectors resilient to e-commerce disruption, such as convenience stores, restaurants, and service-oriented tenants. NNNs strategy focuses on acquiring and managing properties with strong, creditworthy tenants, ensuring consistent cash flow and long-term value creation for shareholders. The companys website can be accessed at https://www.nnnreit.com.

Based on the provided data, here is a 3-month forecast:

Technically, NNN is trading near its 20-day moving average of $40.87, with resistance at $41.49 (50-day SMA) and support at $42.86 (200-day SMA). The Average True Range (ATR) of 1.05 suggests moderate volatility. Fundamental analysis indicates a P/E ratio of 19.36 and a forward P/E of 20.88, signaling expectations of future growth. The price-to-book ratio of 1.79 and price-to-sales ratio of 9.01 reflect a fairly valued stock. With a return on equity of 9.10%, NNN demonstrates stable profitability. Over the next three months, NNN is likely to trade within a range of $39.91 to $42.91, influenced by its moving averages and ATR. The stock may experience downward pressure due to its current position below the 200-day SMA but could find support near $40.00. Investors should monitor earnings reports and tenant performance for further guidance.