NNN
NNN REITCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-06-02
Current thesis
The bull case is that Q1 validated NNN's steady net-lease model: occupancy improved to 98.6%, acquisition cap rates stayed constructive at 7.5%, and management nudged up both AFFO and Core FFO guidance [#8-K-2026-04-30].
Posture
Mixed
Lead driver
Value
What changed
Value remains the lead driver in the composite.
What can break
At T+3, delayed analyst target changes or estimate revisions were not clearly visible in checked sources, reducing confidence in a sustained post-earnings rerating.
Momentum
46
Value
61
Sentiment
45
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $45.00 · Bull $47.00 · Bear $40.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-03 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $45.03
Why
Momentum46 · Δ7d +6.1
Value61 · Δ7d -
Sentiment45 · Δ7d +7.5
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Value · See fundamentals
Momentum
46
34% active weight
Current posture
7d trendImproving
Δ7d
+6.1
Δ21d
+9.7
Value
61
32% active weight
Current posture
7d trendFlat
Δ7d
-
Δ21d
-
Sentiment
45
33% active weight
Current posture
7d trendImproving
Δ7d
+7.5
Δ21d
+10.4
Why this grade
Composite grade C. Momentum 45.8 / Value 60.9 / Sentiment 44.8
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$8.34B
Beta
0.85
Shares Out
189.92M
P/E (TTM)
19.1
P/S (TTM)
8.37
P/FCF (TTM) · Derived
-11.05
Rev YoY
+5.3%
EPS YoY
-3.1%
Gross Margin
+95.8%
Op Margin
+64.5%
Net Debt
-
Current Ratio
-
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology